iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,445 Blog Posts

Matt Drudge Unloads on GOP for Not Following Through on Tax Cuts: ‘Can We Get Our Votes Back?’

Face it America: both the conservatards and the leftards work for the same uniparty. Their goal, more or less, is to strip the people of their freedoms, money, religion, and identity.

In order to expedite this, in order to usher in their dreams of dystopia, they must destroy the family structure. What better way than to cause people to become poor?

How does one become poor?

Several ways, actually.

Create an environment via the media and culture that is consumer based. Glorify consumerism and showcase luxury items.

Also, make taxes high to ensure the people aren’t saving any of their earnings. For the non elite, make sure well paying blue collared jobs are scarce. Instead, create an economy beholden to foreign manufacturing, which coupled with your consumerism agenda will bring forth an abundance of low paying service jobs.

Lastly, confuse the people with identity politics under the guise of tolerance. Ban the words ‘boy’ and ‘girl’, while ridiculing the sanctity of family and procreation.

While Trump represents a change from our recently elected leaders, he’s just one branch of government. Matt Drudge is calling out the shills for failing to follow through on Trump’s tax cuts.

Out of all developed countries in the world, the United States has the highest nominal tax rates.

If you enjoy the content at iBankCoin, please follow us on Twitter

21 comments

  1. chuckem

    Their….

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. BenCBrainard

    Great post! The plain spoken truth.

    • 1
    • 0
    • 1 Deem this to be "Fake News"
  3. Marc David

    The US does not have the highest nominal tax rates of any developed country. As a percentage of GDP, we’re around 26%. Far lower than many other nations.

    http://www.heritage.org/index/explore?view=by-variables

    • 1
    • 0
    • 0 Deem this to be "Fake News"
  4. the dude

    Matt just needs to be patient. Healthcare coverage needs to be stripped away from 20 million citizens first so the savings can be funneled into tax cuts for those who don’t need them.

    Nominal rates are meaningless.

    • 3
    • 0
    • 0 Deem this to be "Fake News"
  5. matt_bear

    globalism is just a fancy dressed up version of slavery, and the American Middle Class is the last to fall in line.

    • 1
    • 0
    • 0 Deem this to be "Fake News"
    • traderconfessions
      traderconfessions

      Slavery? Really?.. care to expound on that thought?

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • heaterman

        If you don’t see it there isn’t much sense trying to explain it to you.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • traderconfessions
          traderconfessions

          That’s the usual response from people who can’t explain things.. and ten-year-olds. Predictable.

          • 1
          • 0
          • 0 Deem this to be "Fake News"
  6. og

    One of the only things I was looking forward to with Trump.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. ferd

    Bah. Maybe we’d be the highest if we actually paid for our wars and paid to fund our unfunded liabilities – – but we get all that for free. Yeah!

    • 1
    • 0
    • 0 Deem this to be "Fake News"
  8. longview

    Total household net worth doing just fine:

    https://fred.stlouisfed.org/series/TNWBSHNO

    Problem is the distribution. I fail to see how tax cuts will help (anyone but the best off), but then again I am a fully-cucked libtard comrade.

    • 2
    • 0
    • 1 Deem this to be "Fake News"
  9. BenCBrainard

    Every regulation imposed on industry that is in turn passed onto the consumer is a tax. They are always passed onto the consumer and new regulations are always being created. We are watching it right now with health care. Taxes are money, money is time, time is your life and your freedom.

    • 1
    • 0
    • 0 Deem this to be "Fake News"
    • traderconfessions
      traderconfessions

      Nonsense and simplistic. That’s like looking at a balance sheet and ignoring the assets. For example, worker protection regulations cost industry money but protect worker limbs and lives, principally blue collar workers. Same holds for food safety, clean water and other regulations. Sure there are crappy regulations; but there are some indispensable ones too. Does every cuckpot have to utter “freedom” to justify their foolish positions?

      • 1
      • 0
      • 0 Deem this to be "Fake News"
      • anjingbauwau

        the point you make could apply to goods manufactured in China…..the cost of doing business is cheaper if you don’t account or have to pay for for all the items you mentioned…..wage arbitration/regulation arbitration…….they are the competitive advantages.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
      • BenCBrainard

        Everything is simple. It’s made complex to confuse and manipulate. Simple isn’t stupid.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
  10. stocksnblondes

    Good post. Republicans had all the answers when they were being obstructionist and opposing Obama. Put them in power and they have no plan, no vision, and most of all no spines. Our 2-party system is a total fail–it only promotes destructive bipartisanship and takes away choice from American voters.

    • 1
    • 0
    • 0 Deem this to be "Fake News"
  11. stocksnblondes

    I said it before. Very foolish of Republicans to get bogged down in something as contentious as healthcare. They should have started with tax cuts and infrastructure spending–popular with the public at large and very hard for Democrats to oppose. After gaining momentum there, they could have tried to tackle healthcare. Republicans are blowing it.

    • 1
    • 0
    • 0 Deem this to be "Fake News"