After a huge tax cut for the wealthiest veiled as Trumpcare failed again in late September the Republicans, aided by President Trump, immediately shifted their focus to what they call tax reform. Both were smokescreens for a tax cut. Trumpcare had little to do with health care and despite rhetoric to the contrary, Trump’s tax reform proposal has little to do with benefiting the middle class and everything to do with providing a return on investment to Republican financiers. Today I’d like to focus on just one of many fallacies in the “package”. Let’s explore. Continue reading The Corporate Tax Cut
Today is Labor Day. It is a very special day for pro-union progressives like me. I am retired (except for my writing which to date I have never accepted monetary compensation for) and know what it is like to work for a paycheck. What that paycheck represented to me was disposable income with which I financed my lifestyle. Two factors: earnings and taxes determined what my net pay was. One of President Trump’s big agenda items is what he calls tax reform. Let’s explore what that really means to Joe Lunchbucket. Continue reading Labor Getting Trumped
It’s a cloudy crystal ball day but nonetheless I wanted to look at a few thoughts that had passed through my head the last few days. Let’s explore. Continue reading Wondering About Trump
I’m afraid that Wednesday will be typical of what the future holds during a Trump administration: more bad news per day than I can possibly cover in one article. I am choosing to concentrate on the nomination of Steven Mnuchin to be the Secretary of the Treasury. Let’s explore. Continue reading Another Day; Another Crook
In yesterday’s posting I correctly criticized Donald Trump’s economic advisory team for being glaringly weak and almost devoid of knowledge in certain economic areas. Monday he gave what his campaign billed as a major economic address to the Detroit Economic Club. During it he made a grandiose announcement that his daughter Ivanka Trump was supplementing the team and helping helped him put his plan together. Ivanka Trump? That makes me feel better; no it doesn’t! Continue reading Ivanka?