Thursday 5 October 2017


Red Kosher Nostra

Trump's proposed TAX changes will not help the average American.

Taxpayers in the top 1 per cent (incomes above $730,000) will see their after-tax income increase an average of 8.5 per cent.

Those in the top 0.1 per cent will gain by 10.2 per cent.

Taxpayers in the bottom 95 per cent of the income distribution will see average after-tax incomes increase by about 0.5 per cent.

The proposals will lower federal revenues by $2.4tn over the first 10 years.

There are to be $2.6tn in cuts in taxation of corporations.

According to the US Treasury, some $2.5tn in profits of US-owned subsidiaries is parked abroad.



How Billionaires Become Billionaires - Center for Research on Globalization


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At 5 October 2017 at 04:07 , Anonymous Anonymous said...


At 5 October 2017 at 04:47 , Anonymous Anonymous said...

At 5 October 2017 at 14:40 , Anonymous Anonymous said...

On of the things that terrifies the ultra-wealthy of America is transparency of ownership. Piercing the veil: through the asset managers (Vanguard, Blackrock, etc), through the Delaware and Nevada Trust Companies and family offices, right through to the natural persons with their smiley happy faces and revealing names.

You know, like that nice lady who's a senior ISIS commander; with her delightful beachfront home in Martha's Vineyard. She's the only ISIS commander to have her beautiful home featured in Architectural Digest.

This is why the United States generously exempts itself from the usual OECD Financial Action Task Force reporting requirements. Rothschild North America is in Nevada for a reason. The purchase of legislators and regulators has a very high return-on-investment. And chihuahuas like John McCain, Lindsay Graham and Joe Liebermann get to benefit from the crumbs thrown to them. Not to mention Jacob Frenkel. Not sure what the recommended retail price is for these guys, but hurry while stocks last.

Oh, and the other thing that terrifies the plutocrats is fair taxation.

And what is fair?: wealth-based taxation.






Nice people like Nick Hauer will certainly not mention the possibility of a wealth tax.

The rich like to pull to wool over the eyes of the poor. Yes, let's have more value-added tax. Aka tax on the poor.

Even more outrageous: look at non-domiciled status under UK tax law. If you deem you "sorta don't feel like Blighty's home", then you're a non-dom. All wealth held offshore is then non-taxable. All billions and billions of it. Tax is for the little people; you know, like the charlady.

Of course, when foreign IT contractors tried to use non-dom status, the Inland Revenue was in an uproar: "But, but, but that's the legislation created for our billionaire masters, not for lowly foreign workers."

I don't like isms, but I find it hilarious how the American people attack foreign socialism while their rich rob them blind.

Die rote Rosa nun auch verschwand
Wo sie liegt ist unbekannt
Weil sie den Armen die Wahrheit gesagt
Haben sie die Reichen aus der Welt gejagt

At 10 October 2017 at 08:09 , Blogger Unknown said...

Paid by the many

Enjoyed by the few.......

If no one said this, they should have ! !

George Carlin put it very well indeed when he stated:

" It's a big CLUB and YOU'RE not Invited ".......

At 24 November 2017 at 08:36 , Anonymous Anonymous said...

Actually he said, "It's a big club, and you ain't in it."
What made the audience reel a bit, is when he said further, "That's why they call it the American dream, 'cause you have to be asleep to believe it." There is a kind of subdued gasp among the audience when he says it, it's a very impactful moment.


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