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A group of bipartisan senators, or as I like to call them, morons, decided that it would be a good idea to draw up an infrastructure plan that does not increase taxes on the wealthiest Americans, as many democrats, including Joe Biden, had previously promised. This failure will does not bode well for the democrat's hopes of regaining the White House in four years. It probably would not have been such a big deal if the publication Pro Publica had not recently released a report on the twenty-five richest Americans and how little they pay in taxes every year. It was found in the report that these ridiculously wealthy people do not pay anywhere near the amount of yearly taxes that the average working American pays. The average American gives a whopping thirty percent of their income back to the government in the form of taxation every year, while multi-billionaires like Jeff Bezos, Bill Gates, George Soros, Mark Zuckerberg, Elon Musk, Warren Buffet, and many more pay only 15.8% of their earned income in yearly taxes. There were even some years where these super rich elites did not pay an taxes...at all. That is right, it is perfectly legal for the extremely wealthy to get exempted from all taxation simply by pointing to the fact that they did not get a return on their investment. In fact, this was the main excuse given by the wealthy classes for not paying more taxes on their inordinate sums of wealth. It is also worth noting that these so-called employers laid off an estimated eight million people during the pandemic. That is eight million less people that they have to give a yearly salary, yet they just cannot seem to find the extra cash to give to the government every year. Of course these wealthy aristocrats have also been pressured to increase wages, which some of them have done, only to make up for their loss in income by causing the artificial inflation that you are seeing right now. They also pulled this same trick during the 2008 housing bubble and the dot com bust of 2000. Several businesses have already been caught price gouging, the practice of artificially inflating the cost of goods and services. Albertsons, which owns Safeway and various other grocery store chains, was caught artificially inflating prices during the onset of the pandemic and were later ordered to lower prices in California toward the end of that year. A gas station was also recently caught inflating the cost of gas to seven dollars a gallon, well above the four dollar a gallon average we see in most states. Amazon sellers were recently caught doing the exact same thing, and billionaire Bezos has done little to address the problem. There was also the PPE scandal where sellers of emergency covid equipment were selling at ridiculously high prices. We should all know by now that companies, especially monopolies, work this way and we should take measures to prevent it. But instead of actually solving problems, democrats are currently cow tailing to the wealthy classes and allowing them to escape all responsibility for the mess they have made. Are democrats ever going to stop sucking on the teat of billionaires? Not likely. Instead I see a pretty spineless future on the horizon, where politicians of every stripe line up to receive their corporate welfare check before licking the boots of criminal chief executive officers. The republicans have nothing to offer either; they helped to kill any hopes of a real infrastructure bill along with the democrats. They are acting as if they are different, but these politicians all are trying to get rich off of the asshole wealthy classes, while leaving normal people behind. You simply cannot trust American politicians to work in the interest of the people. Instead, it is one excuse after another. Meanwhile, I have to listen to billionaires whine about tax increases that I already know have no chance of passing. I suppose people would rather live vicariously through the wealthy than have anything for themselves.
A group of bipartisan senators, or as I like to call them, morons, decided that it would be a good idea to draw up an infrastructure plan that does not increase taxes on the wealthiest Americans, as many democrats, including Joe Biden, had previously promised. This failure will does not bode well for the democrat's hopes of regaining the White House in four years. It probably would not have been such a big deal if the publication Pro Publica had not recently released a report on the twenty-five richest Americans and how little they pay in taxes every year. It was found in the report that these ridiculously wealthy people do not pay anywhere near the amount of yearly taxes that the average working American pays. The average American gives a whopping thirty percent of their income back to the government in the form of taxation every year, while multi-billionaires like Jeff Bezos, Bill Gates, George Soros, Mark Zuckerberg, Elon Musk, Warren Buffet, and many more pay only 15.8% of their earned income in yearly taxes. There were even some years where these super rich elites did not pay an taxes...at all. That is right, it is perfectly legal for the extremely wealthy to get exempted from all taxation simply by pointing to the fact that they did not get a return on their investment. In fact, this was the main excuse given by the wealthy classes for not paying more taxes on their inordinate sums of wealth. It is also worth noting that these so-called employers laid off an estimated eight million people during the pandemic. That is eight million less people that they have to give a yearly salary, yet they just cannot seem to find the extra cash to give to the government every year. Of course these wealthy aristocrats have also been pressured to increase wages, which some of them have done, only to make up for their loss in income by causing the artificial inflation that you are seeing right now. They also pulled this same trick during the 2008 housing bubble and the dot com bust of 2000. Several businesses have already been caught price gouging, the practice of artificially inflating the cost of goods and services. Albertsons, which owns Safeway and various other grocery store chains, was caught artificially inflating prices during the onset of the pandemic and were later ordered to lower prices in California toward the end of that year. A gas station was also recently caught inflating the cost of gas to seven dollars a gallon, well above the four dollar a gallon average we see in most states. Amazon sellers were recently caught doing the exact same thing, and billionaire Bezos has done little to address the problem. There was also the PPE scandal where sellers of emergency covid equipment were selling at ridiculously high prices. We should all know by now that companies, especially monopolies, work this way and we should take measures to prevent it. But instead of actually solving problems, democrats are currently cow tailing to the wealthy classes and allowing them to escape all responsibility for the mess they have made. Are democrats ever going to stop sucking on the teat of billionaires? Not likely. Instead I see a pretty spineless future on the horizon, where politicians of every stripe line up to receive their corporate welfare check before licking the boots of criminal chief executive officers. The republicans have nothing to offer either; they helped to kill any hopes of a real infrastructure bill along with the democrats. They are acting as if they are different, but these politicians all are trying to get rich off of the asshole wealthy classes, while leaving normal people behind. You simply cannot trust American politicians to work in the interest of the people. Instead, it is one excuse after another. Meanwhile, I have to listen to billionaires whine about tax increases that I already know have no chance of passing. I suppose people would rather live vicariously through the wealthy than have anything for themselves.