Republican lawmaker calls for next president to ‘work our way back’ to 1960s
When I heard about a Republican lawmaker suggesting that the next president should “work our way back” to the 1960s, my initial reaction was one of disbelief and frustration. The 1960s were a time fraught with social unrest, civil rights movements, and significant challenges that our society was grappling with. To call for a return to that era seems not only misguided but also tone-deaf to the struggles and progress that we have made since then.
It’s hard to ignore the fact that the 1960s were a time of racial segregation, gender inequality, and political turmoil.… Continue reading
The left-wing French coalition’s proposal to introduce a 90% tax on the rich is generating mixed reactions and sparking a heated debate. As someone who believes in progressive taxation and the redistribution of wealth, I can understand the motivation behind such a bold move. However, history has shown that extreme tax measures have often backfired and failed to generate the desired results.
President Hollande’s attempt at a 75% tax a decade ago serves as a cautionary tale, showing that such drastic measures can lead to an exodus of wealthy individuals, businesses, and investors from the country. The idea of implementing a 90% tax on income over €400,000 raises concerns about its effectiveness and practicality.… Continue reading
America is still haunted by Ronald Reagan’s corruption. As I reflect on how his presidency shaped the socio-political landscape of our nation, I cannot help but feel a deep sense of resentment towards the man who normalized lying, deceit, and corruption in the highest office of the land. Reagan’s legacy is marred by a trail of broken promises, shattered dreams, and the erosion of the very fabric of American society.
One of the most glaring consequences of Reagan’s corrupt administration is the exorbitant cost of college tuition and the crippling burden of student loan debt that plagues millions of Americans today.… Continue reading
The latest jobs report has left many perplexed and amazed at the same time. With hiring surpassing all expectations, it paints a picture of a resilient US economy, showcasing its strength and vigor. Yet, amidst this positive news, a lingering sense of complexity arises as the Federal Reserve contemplates its decision on a potential interest rate cut. It’s a strange juxtaposition, isn’t it? Just when we thought any rate cuts were a distant thought, the economy surprises us with a surge in job numbers and a promising outlook.
One cannot ignore the dichotomy of economic indicators that reflect the well-being of those who are thriving, while leaving behind those who are struggling.… Continue reading
As a UK millennial, the prospects of ever experiencing the same income boom that our elders enjoyed seem bleak, according to the study mentioned. My own experience mirrors that of many others in my generation – struggling to make ends meet, facing soaring costs of living, and feeling the weight of financial burden that is not entirely of our own making.
It is disheartening to see the stark contrast between the opportunities available to the older generations and what we face today. The wealth accumulation for many boomers came not from hard work or career advancement, but rather from housing appreciation and inheritances.… Continue reading
Tax the shit out of those prosperity gospel preachers and billionaires flying around in their private jets, I say. It’s high time that the ultra-wealthy start contributing their fair share to the country. I mean, come on, how much money does one really need? As the saying goes, the rich get richer, and the poor get poorer. It’s about time we level the playing field a bit.
I can already hear the complaints from the likes of Sean Hannity, trying to spin this as a tax increase on the lower and middle classes. But let’s be real here, the only people who will truly be affected by this tax increase are the ultra-rich flying around in their private jets.… Continue reading
President Biden’s plan to push for corporate and billionaire tax hikes at the State of the Union address is a stark contrast to the tax policies implemented during the Trump administration. While some may call it tax hikes, I prefer to see it as tax restoration, bringing tax levels back to when they were more balanced and fair for everyone. It is essential to note that these tax increases are aimed at the wealthiest individuals and corporations, not the average American.
Raising the corporate tax rate from 21% to 28% is a step in the right direction, but one might argue that it should be restored even further to the pre-Trump level of 35%.… Continue reading
Exxon beats estimates, ends 2023 with a $36 billion profit. When I heard this news, I couldn’t help but have mixed feelings. On one hand, I was impressed by the sheer magnitude of their success. To generate such a massive profit is no small feat. It’s a true underdog story, showcasing what a company can achieve with determination and savvy business practices.
However, as I delved deeper into the topic, I couldn’t ignore the concerns that many have raised. The comments I read about laying off workers and hiding profits in tax havens left a sour taste in my mouth. It’s disheartening to think that a company can celebrate such success while simultaneously leaving employees jobless and evading their fair share of taxes.… Continue reading
Taxes added to middle and lower class to pay for the huge cuts for the top 5%
It’s disheartening to see that many people still don’t understand how taxes work. I often hear misguided statements like, “I didn’t pay anything last year, I got money back.” It’s crucial to realize that a tax refund doesn’t mean you didn’t pay any taxes. It simply means that you overpaid throughout the year, and the government is returning the excess amount. However, with the current financial situation and the need for more funds, we need to get used to paying more taxes. The government requires money, and it has already been spent.… Continue reading
Matt Underwood 
John Q. Hosedrinker 