Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

DonViejo

(60,536 posts)
Fri Dec 22, 2017, 10:51 AM Dec 2017

The stench of Trump's self-dealing - By Joe Scarborough

December 21 at 7:20 PM

The political system is rigged for the richest insiders in America.

When we talk about the insider, who are we talking about? It’s the comfortable politician only looking out for his own interest. It is the lobbyist who knows how to put that perfect loophole in every single bill to get richer and richer and richer at your expense.

The richest Americans are paying nothing, and it is ridiculous. These guys shift paper around, and they get lucky. These hedge-fund guys are getting away with murder, when you have one who is making $200 million a year and paying very low taxes. It’s not fair. And it tells people a lot. The middle class is getting absolutely destroyed. This country won’t have a middle class soon. It’s got to end.

Those jumbled words came from the campaign speeches and interviews of Donald Trump during the 2016 campaign. The excoriations of hedge-fund managers rolled off his tongue, and the promises to force billionaires to pay their fair share of taxes were an integral part of his populist platform. After all, Hillary Clinton was too close to Wall Street.

What fools Trump made of those Midwestern voters who wanted the reality star to go after Washington and New York elites. As “Too Big to Fail” author Andrew Ross Sorkin reported this week, “If you’re a billionaire with your own company and are happy to use your private jet so you can ‘commute’ from a low-tax state, the plan is a godsend. . . . Private equity and real estate executives, as has been well documented, will make out like bandits.”

more
https://www.washingtonpost.com/opinions/the-stench-of-trumps-self-dealing/2017/12/21/0edb42ca-e684-11e7-ab50-621fe0588340_story.html

3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
The stench of Trump's self-dealing - By Joe Scarborough (Original Post) DonViejo Dec 2017 OP
K&R 2naSalit Dec 2017 #1
Yes tRump made fools of voters nm AmericanActivist Dec 2017 #2
K&R smirkymonkey Dec 2017 #3
Latest Discussions»General Discussion»The stench of Trump's sel...