Trump Tax Cut Hands $32 Billion Windfall to America’s Top Banks
“GREAT” Isn’t it? X-DMr Bregman would do – he further increases the gap between rich and poor and thus asks for more social unrest and trouble on the street. How can the bankers enjoy driving a Ferrari when it is either stuck in a traffic jam or light up on fire by protest? The most useless parts of society – the financial sector – the bankers – get a tax gifts – while the poor majority will see TAX INCREASES! The game is: take from the poor – give to the rich – it is basically monetary aristocracy (the fact that some people have more privileges / access to resources than others / own more companies land and resources thus are entitled to more monetary income – even without work) Don’t get me wrong – i am all in for entrepreneurship – creative ideas that make the everyday life of everybody better – while making a profit. For example i am all in for: Tesla and SpaceX making a profit WHILE advancing mankind – but i am very much against people who earn money without creating value in any term of that sense and sorry to say – bankers and lawyers usually fall in the later category. Trump should have given tax gifts to SpaceX and Tesla for creating innovative products that could save mankind from extinction. But no – why not bail out the banks – once more? This is simply corruption and exactly the kind of aristocracy that Americans 1776 fought against by gaining their independence from the aristocracy of England and their colony profiteering based on exploitation – and the US was just another colony to England and France and Spain. So this planet is “just another colony” to Donald Duck Trump and the bankers?
“A rising tide lifts all boats”
The financial sector does not generate value in any of it’s terms.
Highly recommend the documentary: LET’S MAKE MONEY
Top banks saved $18 billion in 2019, even more than prior year
Meanwhile lending slowed, job cuts mounted and dividends rose