General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPutin's Puppets Tax Cuts will be the 3rd hammer to drop, bonds market will react negatively
Look, we all know investing in rich people via tax cuts is like having a car with nice wheels but the engine is falling apart.
The bond market will **NOT** react positively and there will be higher interest rates because we're not investing on tangible shit that improves peoples lives.
Bottom line deportations, tariffs and interest rate raising rich folk tax cuts is going to hurt so there's more macro economic pain to come that might not be seen till next year.
Be prepared not scared !!
Talked to a MAGA that's got a brain cell and he thinks things will change by Fall ... I'm thinking by then the world would've fallen apart for the middle income people and then tariffs and the tax cuts without substantial federal reserve rate cut make it even worse !!
stay woke
gab13by13
(33,140 posts)Feed the horse more oats and the sparrows will have plenty to eat.
Reagan changed the name to trickle down economics but it's the same plan.
This huge 4.7 trillion dollar tax giveaway won't just be about money. Sure as shit they will add harmful racist, bigoted, anti-DEI and the like riders to the tax bill in order to make their hateful unwashed Magats happy.
Diraven
(1,970 posts)The last big tax cuts for the rich and corporations that were supposedly so they could create jobs almost all went straight towards stock buybacks.
uponit7771
(93,533 posts)... things going up.