The Republican Party is lying about their tax plan, big time. The lies are so monumental Forbes magazine is calling the GOP's tax debacle "the biggest wealth grab in modern history." The meme below explains what happens, in real simple terms ...
The key to understanding what is perhaps the greatest transfer of wealth in human history is understanding how corporate tax games, the elimination of the Estate Tax, and other little gifts only the wealthy are eligible for (like abolishing the Alternative Minimum Tax) dumps hundreds of billions of dollars into the laps of America's richest class.
Patriotic millionaire, and all around decent guy, Eric Schoenberg, explains how it happens (while making his Fox Business News host look foolish) here ...
If you want to read the details from Forbes' "biggest wealth grab in modern history" piece click here.
If you want to read how the GOP's massive transfer of wealth adds $2 trillion to our national debt over the next decade click here.
And, again, the GOP is lying about their tax plan, big time.
- Mark
Addendum(s) ...
* If you want to know how the GOP's elimination of the medical tax deduction in their tax plan would be 'catastrophic for seniors, check out this LA Times article.
* Here's how corporations get treated better than people under the proposed GOP plan ...
The key to understanding what is perhaps the greatest transfer of wealth in human history is understanding how corporate tax games, the elimination of the Estate Tax, and other little gifts only the wealthy are eligible for (like abolishing the Alternative Minimum Tax) dumps hundreds of billions of dollars into the laps of America's richest class.
Patriotic millionaire, and all around decent guy, Eric Schoenberg, explains how it happens (while making his Fox Business News host look foolish) here ...
If you want to read the details from Forbes' "biggest wealth grab in modern history" piece click here.
If you want to read how the GOP's massive transfer of wealth adds $2 trillion to our national debt over the next decade click here.
And, again, the GOP is lying about their tax plan, big time.
- Mark
Addendum(s) ...
* If you want to know how the GOP's elimination of the medical tax deduction in their tax plan would be 'catastrophic for seniors, check out this LA Times article.
* Here's how corporations get treated better than people under the proposed GOP plan ...
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