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#Trump again criticizes the creation of the #IncomeTax in the US in 1913, arguing that it’s a mystery why the nation ever instituted one. American policymakers embraced the income tax for 2 reasons: to collect more taxes from the #rich & to pay for a growing federal govt.
Conversly, #tariffs disproportionately burden #LowIncome Americans, who spend more of their earnings on goods that tariffs make more expensive.
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>> BRIAN: It's obvious to me that there's a feedback loop involved in #wealth, which to say if you get a little bit #rich, you are very likely to get richer. It works the other way 'round with #poverty - if you get poor, you’re very likely to get poorer, so those things are not self-correcting...it doesn't work. There's not the #TrickleDownTheory that people used to believe in...that it's good for people to get rich 'cuz that money gets dispersed among poorer people so it helps them.
>>
"Greenpeace must pay hundreds of millions over Dakota pipeline protests, says jury
Non-profit said in statement lawsuits like this aimed at ‘destroying the right to peaceful protest’"
https://www.theguardian.com/us-news/2025/mar/19/greenpeace-lawsuit-energy-transfer-dakota-pipeline
What next? Will they start suing bloggers who report on #ClimateChange? The system is slanted towards the #rich
The Guardian · Greenpeace must pay at least $660m over Dakota pipeline protests, says jury
The latest (climate destroying) insanity that rich people and TikTok influencers are feeding on: "This #berry looked as if it had a personal trainer, a facialist and a team of dedicated stylists ... as if the process of perfecting a natural thing had been pushed past the point of human enjoyment." Lois Beckett asks, if a #strawberry will be "a sign of the approaching fall of the American empire" - the answer is surprising:
https://www.theguardian.com/food/2025/mar/15/viral-strawberry-erewhon-los-angeles
The Guardian · I tried the viral $20 strawberry. It tasted like the end of the American empire
#MatthewDesmond (Princeton University) in the #DailyShow:
https://www.youtube.com/watch?v=KoLN0YoErK0
You get the impression that #poverty is made and continued by design in the #USA. And there is almost no incentive for the #billionaires to end poverty at all, although they could very easily by just stopping #taxfraud or collecting the taxes that are already due today. 
#Money flows to the super #rich (which pay less #taxes!) instead to the people in need.
The #AmericanDream is an illusion.
What a shit country. What a shit system.
#Trump & Co are all about instilling and sustaining #fear, making average #Americans #suffer to feed the #rich and #censoring #threatening and quashing #journalism. For Those Deemed Trump’s Enemies, a Time of Anxiety and Fear. Donald Trump is returning to the White House vowing to seek #retribution. Those in his sights are worried both about him — and his supporters. https://www.nytimes.com/2025/01/18/us/politics/trump-officials-retribution.html#democracy #politics #tactics #corruption #constitution #government #congress #law #legalresearch
The New York Times · Trump’s Targets Fear ‘Retribution’ He Promised in Second Presidency
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@Barbramon1 the #rich are going to destroy this country. #republicans have allied with the #wealthy and they don’t care about anyone else. Once the #democrats are back in office they will have to deal with a shattered #economy. I blame the #MAGA who are poorly educated and the non voters who couldn’t overcome their #misogyny or were one issue voters that chose not to protect themselves or anyone else.
#Economic #Inequality Seen as Major Challenge Around the World
Most say #rich people’s #political influence is a big contributing factor
Pew Research Center · Economic Inequality Seen as Major Challenge Around the World
I don't know what word in the English language-- I can't find one-- applies to people who are willing to sacrifice the literal existence of organized human life so they can put a few more dollars into highly stuffed pockets.
The word 'evil' doesn't even begin to approach it.
~ Noam Chomsky
#billionaires - During last week’s negotiations to avert a govt shutdown, #Congress quietly slashed $20 billion from the #IRS. Republicans have long targeted the #tax agency & their cuts will hurt its efforts to go after #rich #tax #evaders & improve the IRS’s functionality. It’s their second successful cut from President #Biden $80 billion funding boost to the agency in the 2022 #InflationReductionAct as the #GOP took away an earlier $20 billion in a 2023 #budget deal. https://newrepublic.com/post/189672/republicans-cut-irs-funding-government-shutdown
The New Republic · Republicans Quietly Axed IRS Funding Amid Government Shutdown ChaosAs Congress fought over the spending bill, Republicans snuck in a passage to gut funding for the IRS. And Democrats didn’t catch it.
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"The choice is stark: We can have billionaires or democracy, but not both, not with these billionaires, not with our current campaign finance laws, and not with our thoroughly corrupt Supreme Court. ...
Every problem we face now—from the climate catastrophe to drilled holes in our safety net to the targeted scapegoating of immigrants and trans kids—is the result of massive concentrations of wealth."
~ Jason Sattler
#wealth #EconomicElites #rich #Trump #Musk
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https://thecause.substack.com/p/start-by-calling-trumps-tax-next
The Cause · Start by calling Trump's next tax scam a 'billionaire bailout'
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"A system that insists that all the wealth must go to the wealthy and that the poor must be used and then destroyed will inevitably rob you and kill you. The system eventually gets around to you no matter how comfortable you are."
"The problem with the billionaire system is that it just so happens the notion that it is a virtuous and generative thing for fewer and fewer people to seize more and more of a system's resources by robbing and murdering everyone else simply isn’t true. It's a giant scam."
~ A.R. Moxon
The Reframe · A System Built to Eat People Never Stops EatingA brief history of the systems we've inherited, and the story of two very different reactions to two murders, in a country founded on murder.
Many of the actions by which men have become rich are far more harmful to the community than the obscure crimes of poor men, yet they go unpunished because they do not interfere with the existing order.
Bertrand Russell
How #Billionaires Have Sidestepped a #Tax Aimed at the #Rich
—
Wall Street financiers were a clear target of the tax, but some, on questionable legal grounds, have claimed their outsized profits were exempt, sometimes avoiding hundreds of millions in taxes.
#News #WallStreet #Law #Government #Finance #Business #IRS #Medicare #TaxEvasion
ProPublicaHow Billionaires Sidestepped a Tax Aimed at the Rich
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