Sunday, December 24, 2017

Santa Trump and His Tax Cut: Ho, Ho, Ho

“Poverty, homelessness, hunger, unemployment, underemployment, and overall deprivation in America increase under either wing of its duopoly governance – while Wall Street, other corporate predators, and its privileged class never had things better.”

The sounds of happiness and laughter were heard around the land. The elites of the business, corporate, and financial world were ecstatic. Santa Trump had brought tidings of great joy. They were to be given even more tax breaks to add to their voluminous fortunes that already were parked in offshore tax havens. Was there no end to their good fortune? Many of them had been bailed out with taxpayers’ dollars after looting the financial system; [1] now they are to get massive tax breaks. [2]

 “President Trump told members of his exclusive Florida resort ‘You all just got a lot richer,’ just hours after signing a sweeping $1.5 trillion tax reform bill that critics said would disproportionately help the wealthiest Americans, a report on Sunday said.
“Trump made the announcement during a dinner at Mar-a-Lago – the ‘Winter White House’ – on Friday evening, boasting to his fellow one-percenters that the ‘biggest in history’ tax cut he signed earlier in the day would make them even wealthier, CBS reported, citing people sitting near the president’s table who heard the remarks.” Mark Moore, December 24, 2017, New York Post.

And the “one-percenters” who attend Davos are surely in need of Santa Trump’s tax cut!

“Pre-Davos report shows how 1% now own more than rest of us combined.
Runaway inequality has created a world where 62 people own as much as the poorest half of the world's population, according to an Oxfam report published today ahead of the annual gathering of the world's financial and political elites in Davos....
Nine out of ten WEF corporate partners have a presence in at least one tax haven and it is estimated that tax dodging by multinational corporations costs developing countries at least $100billion every year. Corporate investment in tax havens increased almost quadrupled between 2000 and 2014.” Oxfam January 18, 2016.

Oh well, money gravitates to money and at least Santa Trump is making some people wealthier; that surely is a great benefit for them. After all, this is the Christmas season and a bit of good cheer is in order for all those poor suffering corporatists. All those millions of people on food stamps must be really pleased that those people they bailed out with their taxes, “just got a lot richer.” And those whose pension funds went into the dumpster and those that lost their homes during the “financial crisis” must be over the moon too. There were no bailouts for them. But hey, at least America is being made great again, and that surely is a great Christmas present from Santa Trump. So let’s all get with the program, and sing:

“We wish you all a Merry Christmas and a Happy New Year
Because Santa Trump, Ho, Ho, Ho, helped all the profiteers
Because this is the season of laughter and giving
And rich people and corporations have to make a living.”

Stephen J. Gray
December 24, 2017.


Links of interest below: