27 November 2017

Seattle Times Reporter Jon Talton's Take On The Tax OverHaul

Giving credit where credit is due - some snippets from the article published today where Jon's pen warms up a bit calling the tax overhaul "a dog's breakfast of hidden mischief" What’s wrong with the GOP tax plan, from 30,000 feet . . . you'll just have to read more to find out where he's going with this - and see where he ends up. How good will it get is yours to find out
If the tax overhaul passes, expect America to fall further behind Special to The Seattle Times 
By Jon Talton
 

They mostly benefit the rich and the class that makes its money from investing rather than drawing wages...
Not since the time of the Carnegies, Rockefellers and Vanderbilts at the turn of the 20th century was so much owned by so few
 
Josef Stadler, the lead author of the report and UBS’s head of global ultra high net worth, said his billionaire clients were concerned that growing inequality between rich and poor could lead to a “strike back”.
“We’re at an inflection point,” Stadler said. “Wealth concentration is as high as in 1905, this is something billionaires are concerned about. The problem is the power of interest on interest – that makes big money bigger and, the question is to what extent is that sustainable and
at what point will society intervene and strike back?”

Stadler added: “We are now two years into the peak of the second Gilded Age.”
READ MORE > https://www.theguardian.com 

 

No comments:

Hit Pieces

  Why Kennedy could be a spoiler candidat e Third-party candidates tend to poll much better than they actually perform on Election Day, when...