Taxonomy & Trumponomics

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This blog post was originally published on January 2, 2017. I’m republishing it with these additional notes because it’s coming to fruition before our very eyes just as I presciently announced it would. They were discussing it on Morning Joe Blowjob this morning, at least in regard to a Border Tax, tantamount to a Tariff Tax, on goods coming from Mexico. This is Trump’s idea of Mexico paying for The Wall. I know he and his diabolical administration know better — that they can’t possibly be this STUPID. I also know they know that the preponderance of Trump Supporters, to include my wife’s family and many members of my own family, ARE this STUPID and that THEY will never realize it’s not Mexico that will pay for The Wall, but rather it’s The American People, via higher prices, who will pay for it.

You can’t Turn Back Time, but you can anticipate, plan for & try to manage the future. Our future is largely the consequence of stealing from it all these years. We need to come to grips with and accept that consequence. Building a wall on the border between Mexico and America is not dealing with that consequence. Either Mexico becomes America, or America becomes Mexico. Currently, the trend indicates America is becoming Mexico and considering unemployment trends in the next twenty to twenty-five years due to automation per that Oxford Study I illustrated in the blog post entitled The Enemy Within, this trend line will only steepen. As it stands right now, The Rich like it this way. Arbitrage benefits The Rich and the Dirt Poor in this equation and obliterates the Middle Class and any chance at Egalitarianism. Mexico, as a Failed Narco State, is a Wet Dream for The Rich and the Intelligence Community that protects and enables them. It’s the paradigm of the Dystopian Future they envision.

By Making Mexico America You Put An End To This Bullshit Once And For All. America Is A Nation Of Immigrants From All Over The World And The Sentiment Of The Creeps Who Configured This Poster Is An Insult To All Of Us Immigrants. We Didn't Immigrate To Mexico, Assholes!!! Make Mexico America Now — It's Long Overdo.
By Making Mexico America You Put An End To This Bullshit Once And For All. America Is A Nation Of Immigrants From All Over The World And The Sentiment Of The Creeps Who Configured This Poster Is An Insult To All Of Us Immigrants. We Didn’t Immigrate To Mexico, Assholes!!! Make Mexico America Now — It’s Long Overdue.

At this point, the only logical & sane course is to make Mexico America. It is not a legitimate country. It’s a Failed Narco State run by Gangsters leeching on America’s Bosom and allowing America’s Wealthy Elite to exploit the Mexican People for more fortune than most of you could ever possibly imagine. So, I propose, and this proposal is only slightly tongue in cheek, Mexico should formally become America. It can be carved up into five or six states and the Mexican People can officially become American Citizens. We send in The National Guard to clean all the criminals out and Lay Down The Law. No more Peso. No more Cartels. Manufacturers can relocate to the newly formed states if they prefer but they won’t be able to exploit Labor Cost & Regulation Cost Arbitrage in order to enrich their already fabulously wealthy shareholders at the expense of the Dirt Poor & the Middle Class. Not to mention but I will, think of all the tourism that will flourish from this merger.

Think about it. The current arrangement isn’t working. Building The Wall is not an appropriate solution. The Wall will keep you in, not “them” out and “them” is increasingly you & me. The most ideal solution is for Mexico and America to become one. Mexico must play by America’s rules by becoming America and in the process we eliminate the Arbitrage Arrangement that has allowed The Rich to get richer and the Middle Class to get poorer in America as well as enabling the sadistic ongoing exploitation of the Desperate Dirt Poor of Mexico.

White House Sows Confusion About Plan for a 20%

Comments from that article are screen-captured below.

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The loathsome Lindsey Graham actually said something funny related to this. Imagine that!! I didn’t know Plankton from SpongeBob SquarePants had a sense of humor. You learn something new every day, they say, and I’ve learned something new today so I guess there’s some merit to that adage after all.

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Following, is the original blog post published on January 2, 2017.

Considering Trump’s imminent massive tax cuts for The Rich and his promise to expand America’s military to include its nuclear arsenal even if that means another nuclear arms race, he and his demonic team of sycophantic, technocratic courtiers have to find a way to make up for the short-fall in tax revenue or reduce government spending for non-military programs. However, critics have inveighed that no amount of cuts in spending on non-military programs will cover the revenue to spending gap, so the only other way to make up for the difference is to borrow, except America has pretty much reached Peak Borrowing, so nix that idea, although, they’ll no doubt engage in all manner of machinations to maximize the debt load to its fullest before resorting to other, less palatable means when that taps out, and it will.

What other means? Well, replacing the tax revenue lost from the tax cuts for The Rich with a massive regressive sales tax under the guise & aegis of a tariff legislated & administered purportedly to bring manufacturing jobs back to America again from China and other sundry “developing” nations. The tariff will do no such thing, meaning it won’t persuade American companies to bring their currently outsourced manufacturing operations back to America. Trump has indicated in the past year to year and a half many different numbers for this proposed tariff, but the latest I’ve seen is 10%. The savings American companies achieve by outsourcing their manufacturing to Mexico and China and other various Asian countries is well beyond a paltry 10%. Considering labor cost is at least ten times less expensive and costs associated with environmental regulations are practically non-existent in Mexico, China and other Asian countries, the tariff would have to be at least 100% of the price of the product in order for it to persuade American companies to relocate manufacturing back to America.

Instead, what a tariff of 10% or even 35% would mean is effectively a sales tax borne by the consumer, meaning YOU, The Little People. American companies and their shareholders, The Rich, are not going to take it out of profit. The Rich expect a certain ROI that must never be compromised. Ever. So, the tax will be passed on to YOU, The Little People, in the form of a price hike that matches the percentage of the tariff.

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It’s a regressive tax as well because The Rich pay the same amount even though for them the tax is Chump Change. For The Rich, Donald Trump’s friends who now directly run the show rather than relying on Realpolitik Professional Politicians to do their bidding, that extra $50 or $100 in sales tax disguised as a tariff is like an extra $0.50 or $1.00. It’s means nothing to The Rich. They don’t even notice it when they make a purchase. It’s immaterial to them. But to YOU, The Little People, that $50 or $100 has much greater significance. It’s not immaterial to YOU. It’s not immaterial to me. That’s the nature and effect of a regressive tax.

So, your homework assignment is to watch this tariff proposal evolve into a sales tax in disguise. These bastards are clever, if nothing else. Reagan used the same manner of chicanery when he implemented his tax cuts for The Rich. He leaned heavily on debt with some modest non-military program spending cuts. He implemented a regressive tax increase to help fund his progressive tax cuts to The Rich by raising the Social Security tax rate, which is not a progressive tax, and then raiding the cash surplus in the Social Security fund. Reagan did all that under the aegis of shoring up Social Security so it wouldn’t become insolvent. Yeah, right. Since when do THEY fucking care about something that benefits YOU? THEY don’t, but they’ll sure as hell use caring about YOU as the excuse to steal from YOU. Reagan did it, and now Trump is set to do it too.

Make America Great Again, my ass. Unless Great Again is alluding to The Gilded Age, and I think it is. By the way, YOU are not invited to The Party, but YOU will have to cater it for free, and clean up after it’s over and pay for that privilege rather than be remunerated for your service. Idiots.

The Kind Of Thing That Makes Karl Rove Spill His Baby Batter.
The Kind Of Thing That Makes Karl Rove Spill His Baby Batter.
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One thought on “Taxonomy & Trumponomics

  1. Here’s an excellent article about The Reagan Social Security Heist. Take special note that the vaunted David Stockman was part of this ruse. How people think this dipshit has any credibility is beyond me. Actually, no, it’s not beyond me. It makes perfect sense. The Malformed & Misinformed.

    Ronald Reagan and The Great Social Security Heist

    Ronald Reagan was one of the most popular presidents in modern history. As a former Hollywood actor, he had an uncommon degree of charisma. The conservatives absolutely loved Reagan for his efforts to reduce the size of government, but most liberals hated him with a passion. Reagan is still revered by a lot of Americans. This reverence for Ronald Reagan helps to explain how he was able to fool most of the American people to a degree unparalleled by any other modern president. With the help of Alan Greenspan, Reagan pulled off one of the greatest frauds ever perpetrated against the American people.

    Instead of being a proud day for America, April 20, 1983, has become a day of shame. The Social Security Amendments of 1983 laid the foundation for 30-years of federal embezzlement of Social Security money in order to use the money to pay for wars, tax cuts and other government programs. The payroll tax hike of 1983 generated a total of $2.7 trillion in surplus Social Security revenue. This surplus revenue was supposed to be saved and invested in marketable U.S. Treasury bonds that would be held in the trust fund until the baby boomers began to retire in about 2010. But not one dime of that money went to Social Security.

    The 1983 legislation was sold to the public, and to the Congress, as a long-term fix for Social Security. The payroll tax hike was designed to generate large Social Security surpluses for 30 years, which would be set aside to cover the increased cost of paying benefits when the boomers retired.

    Let’s have a look at the events leading up to this proposal. Reagan and the government had big financial problems. Supply-side economics was not working like Reagan had promised. Instead of the lower tax rates generating more revenue as the supply-siders claimed would happen, there was a dramatic drop in revenue. Something had to be done, so Ronald Reagan set for himself a new mission. He would have to figure out a way to get the additional revenue he needed from another source.

    The mechanism, which allowed the government to transfer $2.7 trillion from the Social Security fund to the general fund over a 30-year period, was the brainchild of President Ronald Reagan and his advisers, especially Alan Greenspan. Greenspan played a key role in convincing Congress and the public to support a hike in the payroll tax. A few years later, Reagan appointed Greenspan to become Chairman of the Federal Reserve System. Since Greenspan’s new job was one of the most coveted positions in Washington, many observers have wondered whether or not this appointment represented, at least in part, payback for the role Greenspan had played in making vast sums of new revenue available to the government.

    President Reagan and his advisors knew, from the very beginning, that the government would soon face a severe cash shortage. Budget Director, David Stockman, had deliberately rigged the computer at the Office of Management and Budget to generate bogus revenue forecasts in an effort to convince Congress to enact Reagan’s unaffordable proposed tax cuts. When Stockman first fed the data from Reagan’s economic proposals into the computer, he was shocked. The computer forecast that, if Reagan’s proposals were enacted into law, massive budget deficits would loom ahead for as far as the eye could see.

    Reagan needed a new source of revenue to replace the revenue lost as a result of his unaffordable income tax cuts. He wasn’t about to rescind any of his income-tax cuts, but he had another idea. What about raising the payroll tax, and then channeling the new revenue to the general fund, from where it could be spent for other purposes? An increase in Social Security taxes would be easier to enact than a hike in income tax rates, and it would leave his income tax cuts undisturbed.

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