Showing posts with label Republican trickle-down economics. Show all posts
Showing posts with label Republican trickle-down economics. Show all posts

Monday, February 14, 2022

TRICKLE-DOWN ECONOMICS



 

News papers are expressing fear for the economy because stock values are falling due to the possibility of a Russian invasion of Ukraine. 

 

That just shows where the government’s economic priorities are.  Judging the economy by the fluctuations of the stock market reflect how well the rich are doing.   It ignores the economic plight of the middle and poorer classes where the real economy exists.


the Ol'Buzzard

 


Saturday, January 11, 2020

REPUBLICAN TRICKLE-DOWN ECONOMY IS WORKING







About four hundred of Americas largest corporations paid an average tax rate of 11.3% on their profits last year; roughly half the rate paid before the 2018 massive Republican tax cut.   Ninety-one Fortune 500 companies paid no tax at all. 


Now if Republicans could just eliminate Obama Care and privatize (turn over to for-profit insurance companies) Medicare, Medicaid and Social Security their lives would be complete, and they could ride the Valkyries to Republican Valhalla and be allowed to kiss the ass of Ronald Reagan.



the Ol’Buzzard
tax statistics reported by the Washington Post