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rbreich , to Random
@rbreich@masto.ai avatar

Trump’s tax law cut the corporate tax rate from 35% to 21%.

What did corporations do with the money saved?

They didn’t invest it or raise wages.

They spent a record $1 trillion on stock buybacks the year after the law went into effect.

Nothing trickled down to workers.

daveeater ,

@rbreich Stock buybacks used to be illegal (New Deal era). These laws need to be re-established.

GhostOnTheHalfShell ,
@GhostOnTheHalfShell@masto.ai avatar

@rbreich The less they are taxed, the more money is left (for them) in the economy. If the right wing complains of inflation, then the solution is to TAX the rich.

That’s where all the excess money is.

rbreich , to Random
@rbreich@masto.ai avatar

The argument against regulation is always the same: “It stifles growth and jobs.”

But just as tax cuts for corporations have not trickled down, regulatory cuts have not benefited most people.

Big companies enjoy bigger profits. Working people bear the costs.

samhainnight ,
@samhainnight@mstdn.social avatar

@rbreich Every Regulation is Written in Blood.
See also the Triangle Shirt Factory
See also the work of Ceasar Chavez
See also Radium Girls
See also the Labor History of the 20th century
See also @workingclasshistory

aadriasola ,
@aadriasola@ruby.social avatar

@rbreich growth like the crypto scammer space, jobs like online trolls payed with crypto

georgetakei , to Random
@georgetakei@universeodon.com avatar

You're hired!

TheDarcBird ,
@TheDarcBird@vivaldi.net avatar

@georgetakei

That’s good enough for my team

cqd_sos ,
@cqd_sos@mastodon.online avatar

@georgetakei
The positive attitude is what counts.

georgetakei , to Random
@georgetakei@universeodon.com avatar
nemeciii ,
@nemeciii@mastodon.social avatar

@georgetakei grounding was the least thing to do.

What I would have done would be that he'd have to come clean about the prank to the girl and apologize. Then as an apology offer money for a fine dining dinner at a central location on his expense from his monthly allowance. He wouldn't be at the dinner.

What a dimwit son, I would have made him do all the chores in addition. 😡

tony ,
@tony@hoyle.me.uk avatar

@georgetakei Boys will be boys? Retch. In the 21st century that phrase should have been banished for good.

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