Monday, October 3, 2016

Trump Obeyed Tax Law, Written By the Rich

What we know is that Donald Trump did not pay taxes for 18 years because he lost nearly a billion dollars one year. That is not up-to-date info, but it is what the NYTimes released because some good and courageous soul broke the law and handed over Trump's returns for a number of years.

Republicans and the rich are screaming bloody murder that Hillary Clinton probably used the same tax loopholes as Trump and that the NYTimes certainly did.

But that's not the point. The Times and Clinton have released their tax returns. Trump is still hiding his.

Additionally, the laws that make this subterfuge legal were written by America's wealthiest people in order to benefit them and only them. A compliant (outright purchased) Congress--of both parties--did the dirty work behind closed doors and the rich smiled, puffed their cigars and bought another yacht, while 10 poor  kids in Chicago died because they couldn't get medical care.

Trump's proposals: "Cut business rate to 15 percent. Reduce individual rates to three brackets of 12, 25, and 33 percent, with a 0 percent rate for many." The "many" here would be likely be the 1 percent, where he lives.

The shame and the sham here is not that Trump obeyed the law, it is that the law is as crooked as an Alister MacKenzie-designed golf course (now that, boys and girls, is an obscure reference only the wealthy will get). I don't expect the tax law to be made any more fair regardless of who wins the presidency because each of the major candidates is in bed with Big Business and Big Wealth.

Right now, this release is important because it is forcing people who support Trump--and have not been phased by his philandering, his sexual harassment (and maybe even rape of a 13-year-old), his racism and xenophobia, his arrogant self-centered personae and the fact that he embodies just about everything most Trump supporters say they hate--to take a long look at his taxes ... and more important, theirs.


No comments:

Post a Comment