If a bridge collapses, a Mercedes drops as fast as a Hyundai.
— Al Franken
Never.
Yet, despite the fact William Jennings Bryan exposed trickle down's fallaciousness 125 years ago, Republicans insist it does.
Yet, despite the fact William Jennings Bryan exposed trickle down's fallaciousness 125 years ago, Republicans insist it does.
Wearing wearisome disguises, this idiotic article of faith resurfaces every time a Republican opens his or her fatuous mouth.
But money isn't subject to the law of gravity.
When it goes up, it never comes down.
Unless forced to.
Last week we learned the super-rich pay no taxes, reconfirming the fact that wealth never trickles down; at least, not through our tax system.
Republicans' reaction to the news: good for them! They're smart cookies!
Why anyone but a trust-fund baby would vote Republican escapes me.
They must be brainwashed by their betters.
As Lenin observed, "The oppressed are allowed once every few years to decide which particular representatives of the oppressing class are to represent and repress them."
It puts the Trump tax cut at risk.
"Republicans say tax cuts pay for themselves," writes Al Franken in Rolling Stone. "They never do. How about we try something that actually does work?"
Franken, like Biden, proposes taxing the rich to pay for Biden's new deal.
"Perhaps you’ve noticed that the rich have been getting a lot richer for quite a few decades now," Franken writes. "And as the rich get richer, our country seems to be falling apart."
Which, if you've been outdoors lately, you know is true.
Since Reagan's presidency, the federal government has neglected the country's infrastructure, targeting tax dollars instead to weapons and Wall Street bailouts.
Biden's new deal would tax those dynasties in order to update our dilapidated bridges, roads, water mains, power plants, parks, schools, railways, and seaports—a diabolical plan, if there ever was one.
Pure socialism! scream brain-dead Republicans.
Maybe it is. But the fact remains, wealth never trickles down.
Never.
Like gold, wealth has to be extracted.
And why not?
"The fact is that every bit of what President Biden proposes is in everyone’s best interest," Franken writes.
"If a bridge collapses, a Mercedes drops as fast as a Hyundai."