The Pardu

The Pardu
Watchful eyes and ears feed the brain, thus nourishing the brain cells.

Thursday, September 28, 2017

Trump's Tax Plan (Trickle-down Trump)



If you are old enough to recall Ronald Reagan's insemination of Supply Side economics (trickle down) into the heart of GOP ideology, you shouldn't be at all surprised about what Trump is promulgating as his "tax plan." The tax plan is a mere rehash of past GOP economic policy which almost leads to a total economic collapse.

Two MSNBC news segments best state a case against a return to Trickle-down economics. 



I offered two segments, but there is more. If you are an informant geek or a High Information Voter (HIV) MSNBCs Morning Joe Show included an extensive segment with great detail and relevant comment about Trump's "sly of hand" tax cuts.


Trump's tax cut will not only offer a significant tax benefit to the uber-wealthy it could launch the nation on another path to economic oblivion. Especially if we consider other GOP policy regarding "regulation."

Related image

Now, take a look at the same chart with specific direction to compare two out data points.

Compare these two figures<br />
If you review a comparison chat of income growth from 1980 through the subprime Bubble burst of the Bush Era, the effects of trickle-down are stark and frankly, "in your face."
The superrich have grabbed the bulk of the past three decades' gains.<br />

If the chart about isn't descriptive enough, check out the is graphic.

Image result for trickle down economics myth
Trickle-down (supply side) economics is the most stifling economic measure Republicans had ever administered against the US middle class and lower-income citizens.

Image result for owsley county white GOP voters

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