Thursday, December 21, 2017

Tax cut? Duh

I know nothing about economics, but I do know that it's easy for the rich to hide their income so it doesn't get taxed. Lower the tax rate, cut legal deductions, and maybe some will figure it's cheaper to keep the money in the US and pay taxes than hide it overseas.

Trump, being in business, has saved lots of money using tax loopholes, so he knows these shennanigans go on all the time... the bad news: the bill was mainly written by congress, who are easily bribed by corporations etc. giving money to their reelection campaign.

gifts (aka bribes) are something rarely reported on: you know, when Trumpie boy criticized the lady senator who was trying to take out Al Franken ( so she would go up on the list for future presidential candidates), Trump tweeted that she promised him "anything" if he gave her money for her re-election campaign.


this was, of course, immediately interpreted as he said she was a slut. No, I don't think so: he was accusing her of essentially asking for a bribe, but phrased it in a witty way with a double meaning that made his tweet funny (something he often does, and those without a sense of humor usually overreact and take his jokes literally).

The way I read it was she was saying if he gave her money, she would back legislation that would help his business.

Here in the Philippines, the joke is that bribes are given above the table, under the table and with the table. So we are more prone to recognize someone asking for a gift bribe when we seen one.

and I wonder why corruption is not much of an issue in US politics: how do all those Congress people get rich while serving in Congress anyway? And this is a bipartisan problem, of course.

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