Pages

Saturday, February 22, 2020

Ocasio-Cortez DESTROYS Meghan McCain live on air, gets huge ovation

I keep trying to explain: High tax rates on high earners harm no one.  Most high income earners did not make their money as salary or wages, they made their money through stock ownership, options and stock in place of cash bonuses.  If high pay (over 200k) is heavily taxed then CEO's can't get boards to give them 100 million dollar pay days because the tax on it would be 90 million or more.  So, the CEO's have to take stock and/or options, which means that, for them to  make money the stock must perform and for the stock to perform the company must perform. If the company performs everyone makes money and the CEO get over like a bandit.  Today, with low tax rates, CEO's get huge pay checks even if the company is heading into bankruptcy.  Which is why CEO's have little reason to care if the workforce is happy.  They get paid either way.



Anyway, Republican must not forget WMD's that did not exist but cost use 25 billion in Iraq reconstruction money.  Nor the trillions lost on their Mr. Bush's mishandling of the F.I.R.E (financial industry) the deregulation that allowed the sub prime mortgage disaster. But healthcare for all? Like Costa Rica has and can afford? Or free college for all like Germany has and offers to any American who wants to come and get it.  The republican show stopping question is "how much does it cost?", My answer is, not as much as you people have wasted on nothing that has done us any good!



Medicare for All Would Save U.S. $450 Billion, Prevent Nearly 70,000 Deaths

https://tinyurl.com/ro6qb2e



No comments: