Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Only the Left will benefit from the New Class Warfare


Donald Trump’s War on the Working Class

To add insult to injury Trump wants to shift the tax burden to the working class. He’s proposed lower income taxes for individuals and business in other words the rich and upper class.

Those plans – if enacted – would cut tax revenues by $6 to $7 trillion, CNN Money reported. Some of that would be made up by the tariff penalties Trump wants to impose on some imported goods, including a 10% tariff on all imports. That would effectively be a 10% federal sales tax that everybody; including those who don’t pay the income tax would pay.

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