Goldman Sachs To Wage Class War On The Working Class In New Tax "Reform" Bill
Former partner and "Chief Information Officer" Steven Mnuchin of Goldman Sachs is slated to speak at a "Pro Summit" conference hosted by Politico with Texas Republican Kevin Brady. The topic is tax "reform", and much of the details of the emerging legislation are expected to be unveiled the week of Sept. 25th. While much of the bill will no doubt be authored by the "Big Six" (Mnuchin, Ryan, McConnell, et. al.), much sway will obviously be given to the wishes and demands of the international bankers within Trump's inner circle. Revealing the intentions of the corporate centrists within the Democratic Party leadership, Trump has even spoken to two "bipartisan" groups of corporate negotiators. While overtly, the demands of the Democratic Party leadership may seem to be at odds with the GOP establishment's agenda, bipartisan efforts would not be attempted if both parties did not share similar overall intent. Democrats included in the negotiation claim to want a raise on tax for the "rich", but to what end, and by how much. Do not settle for that single line of information, "taxes on the rich". If those tax increases are only by 2 percentage points, and are only to be circulated back into the economy in such a way as to benefit corporate interests (highly likely) than the "party of the people" has only succeeded in making it rain political feces yet again while convincing us that we smell lavender.
Trump's general goals have been made clear already, which include, among other points, a reduction in the corporate tax rate from 30% to 15%. An argument has been made that corporations generally do not pay the full 30%, or rarely do, due to the corporate welfare afforded them in the form of tax loopholes. On the other hand, while therefore the largest industrial sectors may not be exponentially relieved, individual high-earners and CEO's most certainly will be. It should also be called to immediate attention that, while Donald Trump has claimed that the new tax reform bill will be "revenue neutral", he has nonetheless claimed that there will be "massive tax cuts". Even the average mind should certainly be able to make a clear deduction here; If the bill is to be revenue neutral with "Massive tax breaks" for corporations and relief for the highest earners, who is therefore to pick up the slack and equal out the load of government income? Obviously you and I.
This war on the subjugated classes is not a new one. This "class warfare" is the ongoing cyclical patterns, perpetuated by both the GOP and the "Democratic" party, which continuously exploit those at the bottom of the economic ladder, and a pattern it is indeed. Those without economic power have exponentially less voice in the system, further making it impossible to address the problems with the system and bring about substantive change. Economic and political power go hand in hand, and the individuals flourishing from the system are not about to let these levers of power go without a fight. Without a war. Measures, just like this tax code, are not just "Republican" ideas. They are the ideas of the ruling class, designed to further squelch the advancement of those designed to be excluded from the system. So when you claim the "Resistance", make sure you are not only combating the symptoms of the problem (whether it be tax policy, war, marijuana legalization, or universal health care), but the root cause it requires for survival, capitalism!