Quote:
Originally Posted by Yssup Rider
Pul-eeze!
I'd say the GOP owns the "tax cut for the rich" issue. So would most everybody else.
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You are naive young grasshopper. There are some politicians who won't sell tax breaks (hidden tax cuts) to wealthy special interests, politicians like Bernie Sanders, Gary Johnson, and Rand Paul. But most of them will. Party does not matter. I know you are ADHD young grasshopper, but, please, listen and you shall learn.
Let's take the example of the wealthiest people on the planet, some of whom have amassed great fortunes without contributing a lick to society. Hedge fund managers. Why, historically did they donate primarily to Democrats? Was it because these masters of the economic universe thought the economy did better under Democrats? Of course not. It was because they wanted to preserve carried interest, the ability to magically convert ordinary income into long term capital gains, thus cutting their tax bills by more than half. Chuck Schumer and other Democrats were happy to help, as long as the sneaky bastards could do it secretly. And help they did, tabling it in Congress again and again.
Then why did the fund managers cut off funds to Obama in the 2012 election? Republicans will tell you it was because the wise men decided Obama was wrecking the economy. I'll call bull shit on that. There were two reasons. First, and I admit this very grudgingly, Obama is much less corrupted by special Wall Street interests than your average politician. He was happy to raise taxes on the fund managers. Hell, he was happy to raise taxes on anyone making more than a living wage, and fuck anyone who made a lot of money. In the ass. With a condom especially equipped with sharp steel spikes. And second, Obama's opponent Romney had benefited mightily from carried interest during the time he worked in private equity. He was the hedge fund's man.
If you have paid attention to Cute Old Guy's posts young grasshopper, and you should, for he is cute, and he is old, then you would know that the hedge funds this year are contributing heavily to Hillary Clinton's campaign, and nary a cent to The Donald's. That should tell you something, and it's not that The Donald is stark raving mad. Maybe he is and maybe he isn't, but that's irrelevant. The fund managers don't care. Hillary owns the "favors for Wall Street" issue. Thus the funds know that Hillary is prevaricating when she says carried interest must end. On the other hand, they don't know exactly what to make of the Donald, whether he lies or speaks the truth when he also says carried interest must go.
I hope you have learned something grasshopper.
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