Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts

The Gospel of Wealth and Fascist Corporate Rule

Some good history on Gilded Age precedents for corporate rule today and another stark testament to the clear choice in November: 

"Republicans want to extend the Trump tax cuts after their scheduled end in 2025, a plan that would cost $4 trillion over a decade even without the deeper cuts to the corporate tax rate Trump has called for if he is reelected. [And gallingly complain about deficits!] Biden has called for preserving the 2017 tax cuts only for those who make less than $400,000 a year and permitting the rest to expire. He has also called for higher taxes on the wealthy and corporations, which would generate more than $2 trillion."

Heather Cox Richardson, Letters from an American, March 1, 2024