"In this world nothing can be said to be certain, except death and taxes."
Benjamin Franklin
By Gary;
With his new tax plan Donald Trump has fully embraced the mainstream position of Conservative Republican Socialism.
While Trump's move is positive there was no talk about abolishing the IRS or a simple flat tax.
Under Trump fewer and fewer voters will have to pay taxes, but those voters who do not pay taxes will still receive benefits from the state that will be paid for by others.
Pro-Business Conservative Socialism, and the Marxist re-distribution of the wealth, dates back to the GOP of William Howard Taft which enthusiastically rammed through the Federal income tax constitutional amendment.
The aim of the GOP was to buy the votes of those who would not have to pay the tax and use that new cash to spend on projects benefiting those voters. The entire income tax is Marxist class warfare that flares up as a useful campaign issue every two years on election day.
Trump's buying of votes is good politics
Only a few "insane" people like me would abolish the IRS and the income tax. So Trump's move is good politics from the mainstream GOP viewpoint.
Trump would consolidate the current seven tax rates to four: 0%, 10%, 20% and 25%. Those changes would exempt all married couples makes $50,000 or less from the income tax. Business taxes would drop to 15%.
Certainly simplifying the tax code and lowering rates moves us closer to the freedom end of political spectrum. With this plan The Donald firmly places himself in the camp of political and financial freedom.
The real test will come on spending where the "small government" Republicans can't stop themselves from ringing up the nation's Visa card and piling debt up to the moon.
American Empire vs Roman Empire:
Monetary history repeats itself
Republican William Howard Taft k America's First Socialist President kIn 1909 GOP President William Howard Taft urged the Republican controlled Congress to adopt the Marxist progressive income tax. Taft and a GOP Congress brought Marxism and class warfare to the U.S. by passing the income tax amendment to the Constitution. The Republican Party promised to "soak the rich" (the top 1%). The GOP adopted Marxism in a shameless pandering for the votes of those who would not have to pay the tax. Both Democrats and Republicans have been loyal to Karl Marx ever since. k See our article: It's Income Tax Day - Thank a Republican |
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