Friday, October 11, 2024

Blowing up the tax code




"Donald Trump learned during his first administration. Some lessons were tough, but he learned. Now he is poised to become a real change agent during his second term. My opinion? Any senior who is on Social Security and votes against Trump is a fool. Getting rid of taxes on Social Security is a real game changer."  


Ever listen to Kamala talk about taxes? The first time I heard her, I thought I had mixed up radio signals with Havana. No American could or should ever have suggested such a soaking of the American taxpayer with new taxes. Talk about an economy killer! But she is a good little Democrat, and to spend the scads of new money she needs for her new garbage, the rich in this country need to "pay their fair share".

Somebody needs to knock on the side of her hollow head and give her some cold hard facts. The top 1% of the earners in America pay 42% of all the income taxes (2023 Federal Income Tax Data). In fact, the top 1% pay more than the lower 90% - combined. So, this talk about paying your fair share is just silly talk - again. It is meant to rile up the uninformed and the undereducated. 

Donald Trump, on the other hand, has a better idea (he usually does). Let's blow up the tax code. What? How? As of late, he has been dropping some pretty large hints. Hints to make the tax code more "user friendly" to the working man and woman. For example, first came no tax on tips. Then, no tax on overtime. Then (in my opinion, the whopper) - no tax on Social Security. There have been others, but the latest one was the ability to deduct interest payments on car loans. 

In the past, the tax code has been used as a weapon by a malevolent administration. Remember Lois Lerner? She was a piece of work. She served in the IRS under the Obama Administration and targeted conservative groups, to yank away their tax-exempt status. That really was the first volley of "lawfare". She got fired, but still has a lucrative pension. What Trump wants to use the IRS for is just the opposite of what Obama/Biden/Harris/Walz wanted to use it for. To help people - not hurt people. Remember - our government is supposed to act "by the people and for the people" (Gettysburg Address).

Donald Trump learned during his first administration. Some lessons were tough, but he learned. Now he is poised to become a real change agent during his second term. My opinion? Any senior who is on Social Security and votes against Trump is a fool. Getting rid of taxes on Social Security is a real game changer.   

 

1 comment:

  1. "Remember Lois Lerner?"

    All too well. Called her "Slowest Learner."

    ReplyDelete