You can fool nearly all the people…

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Tag Archive for ‘trickle down’

Higher wages, more jobs not from Trump pro-business economy; instead credit goes to DOL for overtime exempt rule change

Business-beholden members of Congress are falsely boasting that their 2017 tax law has been responsible for less unemployment and slightly higher hourly wages. They praise themselves and President Donald Trump for cutting corporate rates from 35% to 21%, eliminating most taxes on dividends and capital gains, doubling the exemption for inheritance tax, and dropping the tax for corporate foreign profits – laundered for years overseas – from 35% to 15%. […]

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Trickle, trickle, fools we are, to trust the rich, now flush with cash, will share with us their bounty

The inlaid walnut table in the corporate boardroom held 12 on either side and two or three at each end, and the execs were all perched, prepped to pounce, when I dragged in my 2001 budget – 1015 pages of spreadsheet and other sheet. As division CEO of a NYSE-listed publishing company with nearly a billion dollars sales, my pitch was explain how I would increase sales, restrain costs and […]

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