True but Thiel’s a late entry into the cheerleading squad for the normalization of fat cat tax cuts. This budget busting scam started with Saint Ronnie Reagan and was continued by Dubya long before Trump joined in. Dubya deliberately destroyed the Clinton budget surplus that was being used to pay down the national debt with his tax cuts for the rich. He actually campaigned on doing that. The media, which clearly prefers to play the Repbulicans’ “blame the debt on Dems’ profligate spending on social programs like healthcare and SS”. For decades “serious” journalists have turned a blind eye to the fact that Reagan nearly tripled our national debt with his tax cuts and military spending.
In a world with a media that really cares about honoring their duty to help ensure a well-informed electorate the chart in this article that shows the debt to gdp projections with and without the Bush and Trump tax cuts would be reported in every mainstream news outlet. That chart makes it crystal clear that without those tax cuts we would have a manageable, normal debt ratio. There is also plenty of other data that proves that, contrary to Reagan’s claim, these tax cuts did not add any significant economic growth.
“Economists Blame $40 Trillion Debt Milestone on Two Things: GOP Ineptitude and Tax Cuts for the Rich
“There is one point that should be very clear: It has been run up almost entirely due to Republican tax cuts and their inept management of the economy.” “
Don't expect the MSM--much less FOX News and the rest of RW media--to acknowledge the tidal wave of debt created by Republican tax cuts for the extremely wealthy and the corporations that generate their wealth. Oligarchs and Oligarch-adjacent investors own the bulk of media in this country. Can you trust them to tell the truth on tax policy?
Paul Krugman, the former NYT economist, just released figures on his Substack showing that our federal debt would be as much as 50% less if we had not enacted the Reagan, Bush and Trump tax cuts.
Shockingly, in his new book, "Great American Presidents: The Twelve Who Transformed the Nation," Allan Lichtman includes Reagan. The reasoning goes: "Lichtman includes Reagan because his administration reshaped national policy by implementing 'Reaganomics,' reducing the regulatory footprint of the federal government, and fundamentally shifting America's Cold War posture. For Lichtman, greatness isn't measured by a president's personal virtue, but by the undeniable, lasting consequence of their actions on the arc of American history." (google AI) I assured AI that I would never purchase that book.
"Once again proving the truism that if something is bad, Peter Thiel JUST CAN'T WAIT to become involved in some way."
It still feels a bit lacking in capturing Thiel's true sense of Gawker-based lies and cruelty. No doubt we'll have plenty of examples to draw from in the near future.
That’s how they made their 💰 they lie and they dodge taxes… they’re supreme leader has shown them it works in ways here to fore unimaginable. It’s a proven concept — the damn lie. And the gullible continue to swallow their lies… bold face lying works well in advertising.
The ad starts with the premise that WE want free stuff. We want a living wage, reasonable taxes that are used for the common good and to help those who need help. Billionaires want free stuff - infrastructure to deliver their goods, airwaves to promote their sh*ite, cheap labor subsidized by us to maximize their obscene profits. They want everything for free and free from any reasonable responsibility. Stingy, greedy jerks. Do not be fooled.
I’ve always viewed Rupert Murdoch as the “Wizard” with his fake FOX “News” the Wall Street “Urinal” and NY “Joke” duping ~1/2 the country into believing Democrats were evil and only the Republican’s could save our country.
I believe that social media slop along with the confusing as hell AI slop is messing with people's minds. You can lie all you want but because of all the incoming garbage, our minds are mushy. I am not part of social media and AI is something I scream at everyday but I am still confused. One thing is clear: when Peter Theil is paying for something, it is not in anybody's best interest, except himself. So even if a person is muddled, they should be able to remember that. There are real enemies, they have names and faces.
Theater of the Absurd...I wonder if we could get all money out of campaigns would it shut this crap down.... all I wish for during this election as that the "oligrachs" spend so much money to loose that they felt it and may step back a wee bit....
Ahem …. Yanks, include mass astroturfing propaganda lies like this in the list of things to reference while aspiring to “LOCK THEM UP” (by constitutional means of course, even if you gotta bend it like they have) in the future
I'm not a CA resident. I'm not entirely sure this tax is a smart move or won't eventually cost the CA treasury more. That said, there's already enough reasons to despise Thiel and their ilk and this ad b.s. is just one more reason. Desperate, lying, fasisct-enabling billionaires are as desperate, lying, fascist-enabling billionaires do...
Once again proving the truism that if something is bad, Peter Thiel probably is involved in some way.
True but Thiel’s a late entry into the cheerleading squad for the normalization of fat cat tax cuts. This budget busting scam started with Saint Ronnie Reagan and was continued by Dubya long before Trump joined in. Dubya deliberately destroyed the Clinton budget surplus that was being used to pay down the national debt with his tax cuts for the rich. He actually campaigned on doing that. The media, which clearly prefers to play the Repbulicans’ “blame the debt on Dems’ profligate spending on social programs like healthcare and SS”. For decades “serious” journalists have turned a blind eye to the fact that Reagan nearly tripled our national debt with his tax cuts and military spending.
In a world with a media that really cares about honoring their duty to help ensure a well-informed electorate the chart in this article that shows the debt to gdp projections with and without the Bush and Trump tax cuts would be reported in every mainstream news outlet. That chart makes it crystal clear that without those tax cuts we would have a manageable, normal debt ratio. There is also plenty of other data that proves that, contrary to Reagan’s claim, these tax cuts did not add any significant economic growth.
“Economists Blame $40 Trillion Debt Milestone on Two Things: GOP Ineptitude and Tax Cuts for the Rich
“There is one point that should be very clear: It has been run up almost entirely due to Republican tax cuts and their inept management of the economy.” “
https://www.commondreams.org/news/economists-trump-40-trillion-debt
Don't expect the MSM--much less FOX News and the rest of RW media--to acknowledge the tidal wave of debt created by Republican tax cuts for the extremely wealthy and the corporations that generate their wealth. Oligarchs and Oligarch-adjacent investors own the bulk of media in this country. Can you trust them to tell the truth on tax policy?
Paul Krugman, the former NYT economist, just released figures on his Substack showing that our federal debt would be as much as 50% less if we had not enacted the Reagan, Bush and Trump tax cuts.
Shockingly, in his new book, "Great American Presidents: The Twelve Who Transformed the Nation," Allan Lichtman includes Reagan. The reasoning goes: "Lichtman includes Reagan because his administration reshaped national policy by implementing 'Reaganomics,' reducing the regulatory footprint of the federal government, and fundamentally shifting America's Cold War posture. For Lichtman, greatness isn't measured by a president's personal virtue, but by the undeniable, lasting consequence of their actions on the arc of American history." (google AI) I assured AI that I would never purchase that book.
"Once again proving the truism that if something is bad, Peter Thiel JUST CAN'T WAIT to become involved in some way."
It still feels a bit lacking in capturing Thiel's true sense of Gawker-based lies and cruelty. No doubt we'll have plenty of examples to draw from in the near future.
That’s how they made their 💰 they lie and they dodge taxes… they’re supreme leader has shown them it works in ways here to fore unimaginable. It’s a proven concept — the damn lie. And the gullible continue to swallow their lies… bold face lying works well in advertising.
The ad starts with the premise that WE want free stuff. We want a living wage, reasonable taxes that are used for the common good and to help those who need help. Billionaires want free stuff - infrastructure to deliver their goods, airwaves to promote their sh*ite, cheap labor subsidized by us to maximize their obscene profits. They want everything for free and free from any reasonable responsibility. Stingy, greedy jerks. Do not be fooled.
These people have billions but they won’t pay to feed children and pay police. This can’t go on forever.
But it will go on for as long as these people are the ones writing, and submitting, their own tax laws.
(We poor tend to have lousy tax lobbyists.)
Republican's can only win by cheating. Period. Hard stop.
Just like the Wizard of Oz - deception by use of smoke and mirrors (until people begin to look behind the curtain).
I’ve always viewed Rupert Murdoch as the “Wizard” with his fake FOX “News” the Wall Street “Urinal” and NY “Joke” duping ~1/2 the country into believing Democrats were evil and only the Republican’s could save our country.
Judd, simply the best reporting while Joseph’s point is spot on…Amen!
The lying and deceit begins!
It began in 1980 by Reagan.
I believe that social media slop along with the confusing as hell AI slop is messing with people's minds. You can lie all you want but because of all the incoming garbage, our minds are mushy. I am not part of social media and AI is something I scream at everyday but I am still confused. One thing is clear: when Peter Theil is paying for something, it is not in anybody's best interest, except himself. So even if a person is muddled, they should be able to remember that. There are real enemies, they have names and faces.
Theater of the Absurd...I wonder if we could get all money out of campaigns would it shut this crap down.... all I wish for during this election as that the "oligrachs" spend so much money to loose that they felt it and may step back a wee bit....
Good to know - the anti-tax commercial has been on all the local tv stations lately, prime time.
Sharp! You are the best in the business of sniffing out false claims, Judd!
Don't these asshats ever feel embarrassed?
Ahem …. Yanks, include mass astroturfing propaganda lies like this in the list of things to reference while aspiring to “LOCK THEM UP” (by constitutional means of course, even if you gotta bend it like they have) in the future
I'm not a CA resident. I'm not entirely sure this tax is a smart move or won't eventually cost the CA treasury more. That said, there's already enough reasons to despise Thiel and their ilk and this ad b.s. is just one more reason. Desperate, lying, fasisct-enabling billionaires are as desperate, lying, fascist-enabling billionaires do...
Are we taxing Venezuela? WHy should Thiel care? Has he not moved on to another country to pilfer from?
who is countering those lies, I wonder?
It’s up to neighbors telling neighbors.
Looks like the same tactic as the estate tax. Try to make a tax seem like it’s for everyone to scare the voters. Remember the “death tax”?