I try to stay away from politics and our general social situation in my posts because if I didn't I would just be filling these pages with paragraph after paragraph of rants. But two recent things I saw simply put me over the edge.
First - "Republicans concerned about their electoral prospects in November are considering reducing the capital gains tax to help with the affordability issue."
When I first read this, I thought it must be some kind of joke. But no, this is evidently a serious proposal. I ask you, do you think that the people who are most affected by rising prices of things like gasoline and groceries are even remotely concerned with what the capital gains tax rate is?
Last I looked, you pay your capital gains tax when you sell some significant asset like a house if it is not your primary residence. Our when you sell securities out of your investment portfolio.
Do you think the person who is working at your grocery store is giving a sigh of relief that they can sell off some of their investments and not get hit up with such a high tax bill?
Seriously, this is the most inane proposal for affordability relief that I think I've ever heard.
Second - "Major bank records record profits and announces it will be laying off one thousand employees"
We are making more money than we ever have but no, that is not enough. Because we need even more. More - More - More. Screw the workers. Screw every human being (except the super wealthy). We need to make MORE!
2 comments:
it does seem like we are living in interesting times. :(
It's true, these are very much actions that hurt the people who need help the most
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