GOP plan to end “Death Tax” means the billionaires will be overjoyed, while the rest of us pay the bills
Tuesday, 4/4/17: examining entire fake “Russian Dossier” on Donald Trump!
Estate tax percentages have varied in recent history, ranging from 55% in 2000 under George Bush #1 to 35% under Barack Obama and now 40% under Donald Trump. The GOP wants it to be zero.
Currently, couples with less than about $11,000,000 pay no estate tax. On amounts above that, the government takes 40% for taxes. The history of the estate tax revolves around the desire for fair taxation of the richest Americans to pay for public programs.
Eliminating the estate tax will aid any couple who die with more than $11 million (current deduction), and the GOP argues that this would affect many small businesses, which would have to sell land or equipment to pay the tax.
I have an idea that should please the GOP and still maintain some sanity in our progressive tax system. This is in addition to the 123 Plan, which easily adds $54 billion in revenues to the federal budget this year.
Only apply the estate tax to those whose estates are $1 Billion or more, but raise the rate to Bush #1 rate of 55%.
That would generate $1,514,425,000,000, or $1.5 Trillion that the rest of us won’t have to pay in income and other taxes. This revenue is calculated by taking the total current Forbes wealth of all American billionaires and assuming they will die someday and have to pay the estate tax.
If there is no estate tax, they will avoid $1.5 trillion in taxes.
Who are these billionaires. Check the list Continue reading →
The founders of Facebook and Tesla/SpaceX share a dangerous idea that would control what you think.
Both kings of inequality are promoting plans to implant monitors into your brain.
In a recent manifesto released to the Associated Press (AP) “Zuck” said the following:
“The long term promise of AI is that in addition to identifying risks more quickly and accurately than would have already happened, it may also identify risks that nobody would have flagged at all, including terrorists planning attacks using private channels, people bullying someone too afraid to report it themselves, and other issues both local and global,” he wrote on a version of the document given to Associated Press.
That was the original version, but what was released to the public seems to be watered down, hiding the real dangers of his plan. Continue reading →
Fake news portrays American Blacks as lower class, victims in desperate need of help from politicians
Are most American Blacks struggling to someday be as successful as the average White?
If you watch the mainstream media, listen to college professors or pay attention to politicians, you might conclude that Blacks in America are in deep trouble.
The most common fake news is that nearly all Blacks have been denied entry into the middle class for a variety of reasons, and experts (mostly White) are needed to solve this problem.
Endless hours are spent on talk shows and in classrooms arguing about what are the correct solutions to this alleged rampant inequality problem. White privilege is blamed. Slavery is cited. Reparations are urged. The whole country is in a frenzy about Blacks and the middle class. Continue reading →
Hillary, Hillary, Hillary…can we still love you when you call us names? And for me, the question is: am I in the “desperate” bucket or the “deplorable” basket, just because I won’t vote for you?
A little background is in order. Continue reading →
Warren Buffett is the best known man in Omaha, Nebraska – a hometown boy, fourth richest person in the world, and admirer of Hillary Clinton. That friendship, her speaking style and his popularity – combined – couldn’t fill the Omaha North High School auditorium, even after some of the stands were packed with too-young-to-vote schoolchildren.
There are times, such as yesterday in Nebraska, when even the wealthiest skinflint in the world must feel defeated.
Meanwhile, Donald Trump is turning away thousands at some rallies, attracting record audiences for a Republican candidate, throngs comparable to the crowds produced for Bernie Sanders, who was also running against Hillary.
What is going on here? How can a woman, who has earned millions of dollars in speeches authorized by CEOs of major corporations, not attract a crowd? You would think that anyone. who was paid $300,000 or more for a speech, must be a great speaker, and gee whiz, here’s a chance to hear her – no charge. Continue reading →
A family wedding beckoned and so I am experiencing the joys of the TSA and United Airlines, plus something called “cashless highways” in Southern California. Thoughts on those subjects next Tuesday.
This Facebook page (open link) and website was still online today, despite protests to the social site’s Community Standards officials.
Jewish-Born Mark Zuckerberg owns Facebook. Indeed, he is the richest Jewish-born person in the world. Note that I use the term “Jewish-born.” You might think he would support less hatred of Jews.
According to Shurat HaDin (The Israel Law Center), a non-profit legal organization dedicated to the protection of Israel,
“One of the significant characteristics of the current terror wave is the incitement on the social media networks, headed by Facebook…This incitement consists of the Facebook pages of many young Palestinians who inflame their friends to embark on terrorist attacks, provocative videos glorifying and encouraging terrorist attacks, instructions for terrorists “How to Carry out a Terrorist Attack” – all on Facebook.” Read more here.
Pro-Israel blogger Elder of Ziyon reported on Friday that a complaint he had lodged with Facebook about this Blood libel charge being an example of hate speech, was denied.
What does Facebook consider “hate speech”?
The answer is on the policy pages of Facebook, where Community Standards are explained, and the definition seems very clear to this blogger.
Here’s what Facebook says about its standards for posting on its site:
Facebook removes hate speech, which includes content that directly attacks people based on their:
- National origin,
- Religious affiliation,
- Sexual orientation,
- Sex, gender, or gender identity, or
- Serious disabilities or diseases.
Organizations and people dedicated to promoting hatred against these protected groups are not allowed a presence on Facebook. As with all of our standards, we rely on our community to report this content to us.
People can use Facebook to challenge ideas, institutions, and practices. Such discussion can promote debate and greater understanding. Sometimes people share content containing someone else’s hate speech for the purpose of raising awareness or educating others about that hate speech. When this is the case, we expect people to clearly indicate their purpose, which helps us better understand why they shared that content.
You might look at the picture on the site and the strange writing. It can be translated in small part by visitors, but a full translation of this blood libel attack is not provided.
“I was thinking that I could get up on stage and take his podium away from him and take his mike away from him and send a message to all people out in the country who wouldn’t consider themselves racist, who wouldn’t consider themselves approving of what type of violence Donald Trump is allowing in his rallies, and send them a message that we can be strong, that we can find our strength and we can stand up against Donald Trump and against this new wave he’s ushering in of truly just violent white supremacist ideas,” Tommy DiMassimo told CNN in an exclusive (paid?) interview Sunday on the network. CNN’s Martin Savidge reported from Fairborn, Ohio, and Dana Ford wrote from Atlanta. CNN’s Jeremy Diamond, Eugene Scott and Sarah Aarthun contributed to the report.
But DiMassimo, 22, didn’t make it to the podium. He was tackled by Secret Service officers, and members of Trump’s security detail rushed to cover the candidate.
“…I was thinking that Donald Trump is a bully, and he is nothing more than that. He is somebody who is just saying a lot of bold things, he’s making bold claims. But I can see right through that and I can see that he’s truly just a coward. And he’s opportunistic and he’s willing to destroy this country for power for himself,” DiMassimo said.
Why would CNN interview a thug who stormed the podium and was dragged out by the Secret Service? One reason is that Donald Trump might have gained sympathy for being unjustly attacked by a nut job. CNN was not going to let that happen.
Instead, the network portrayed DiMassimo as someone unhappy with “violent white supremacist ideas”, who wanted to “send a message to all people out in the country who wouldn’t consider themselves racist.” Continue reading →