Home > Cande = Conjecture & Exaggeration, Fande = Fact & Evidence, Original Thought, The Economy > The Age of the Superwealthy…if this sh*tty bill becomes law

The Age of the Superwealthy…if this sh*tty bill becomes law

With Citizens United and these Bush Tax Cuts for another two years, the Superwealthy can buy elections in order to influence the political and socio-economic direction of this country without ever having to disclose any political contribution of any dollar amount.

The Rich can essentially take over the country. The richest 1 percent will get 25 percent of the tax-cut deal that President Obama worked out. Hello, the richest 1 percent can then behave like an outright oligarchy, if it so chooses. Oh, and I have a feeling the richest 1 percent will do whatever makes them more money. Bill Gates, Warren Buffett, Ted Turner, and other billionaires excepted. But I gotta tell you, I’ll believe it when I see it about the billionaire give-away at the end of their lives. We can wait for that outcome, but these Tax Cuts are RIGHT NOW in front of us. If I haven’t been clear, the Bush Tax Cuts for people making over $250k per year is BAD ECONOMIC POLICY, BAD POLITICAL POLICY, BAD SOCIO-ECONOMIC POLICY…because the majority of the 300 million Americans in this country do not benefit when 25 percent of the tax cuts go to the richest 1 percent.

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