Spare the Rich!
Ya know, like a lot of Americans slowly slipping out of the so-called middle class into Hard Times, I too feel a patriotic duty to shore up the wealthier citizens’ place in our society. Not just the individual taxpayer, but the corporate entities the Supreme Court has declared as persons with the same rights as you and me. So when I see the tax plan rolling out that will drop their bracket from 35 to 20%, I feel confident these proud Americans will pour those increased profits back to the working sector and I’m more than happy to wait for the trickle down.
My Republican legislators, working hard for their constituencies in the red states, assure us the economy will ratchet up with these corporate tax breaks. Sure, there’ll be major deficits, but trust them, the zooming economy will take care of those. Better corporate rates will bring companies back to the Land of the Free, you wait and see.
The Paradise Papers are out now, a blow-up snapshot of how the beleaguered corporate taxpayer has been forced to seek shelter in off-shore accounts. Apple dumped billions into the tiny island of Jersey. Jersey doesn’t tax them at all, but I’m sure the GOP will offer further incentives to bring that money back to our disappearing shores. 15% seems good on its face, but maybe that’s still 20% more than Jersey. If we have to compete, well, I think the rest of us taxpayers who will benefit from a roaring economy will have to sacrifice short term to achieve gains long term. Corporate Patriotism is going to be the New Patriotism, I get that.
And I’m okay with cutting into Medicaid and welfare. You won’t need those anyway in a booming economy driven by Amazon and Google and Microsoft and Exxon and Apple. Sure, we could have cut out some deductions for them and not us, but, well, you see the point. Don’t handcuff the job creators, you’re only hurting yourselves.
And yeah, I know you’re going to say these fat cats have been avoiding taxes all along. 35%? Ha, they haven’t paid 35% at all, you’re thinking, and you’d be 100% right. But you’re missing the Big Profit. Big Picture, I mean. Same difference. If our corporations, our semi-U.S. corporations are allowed to compete completely unfettered by undue regulations and burdensome taxes, they’ll hire more of us, get it? And if we have to keep our wages slightly low, maybe even lower the minimum wage if necessary, that’s how you compete with Malaysia, Mexico and Slumbekistan. Is this hard to understand???
We should be grateful is all I’m saying. Pretty soon Amazon and their brethren will be moving into 21st Century automation. Robots don’t get paid and they sure don’t pay taxes. Throw the dice and put some trust into our Ayn Randian future. Spare the rich and the life you save might just be your own.
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Tags: Apple's piece of the pie, corporate welfare, offshore tax evasion, trickle down economics
Aren’t you forgetting Simba, we no longer live in a great circle of life? Thanks to Google, Apple, Microsoft, etc we exist today inside a vast network of life, bound onto a world-wide-web of life.
The poor among us facing Medicaid reductions now have unlimited access to their healthcare needs (thanks to corporate beneficiaries such as Google, Apple, etc) with Web M.D. and the like. For the time being anyway, until free computer access at the library is taken from them so we can reduce the tax rate even more. Do I hear 12%?
“Will Work For A Few Of Your Smartphone Minutes”
It’s truly unfortunate that we aren’t on the staff of the GOP subcommittees struggling to come up with a workable (passes the smell test) plan for the American People. 12% seems eminently doable if we’re all willing to pitch in and accept some small cutbacks in our opulent middle to lower class lifestyles. Ask not what your country can do to you, ask what you can do to them. Or something along those lines…. 12% might be too high even with the corporate welfare system in full play and low pay. But … we’re all in this together so if do our part, big bizness might follow suit.
Of course we shouldn’t take away free computer access at the library, but I don’t think it’s too much to ask that we stop building these costly playgrounds for the poor. If they can’t afford their own Apple notebook and an internet account, well, ignorance is bliss as we say down here in the ‘hood. Who can believe anything you read there anyway?