Finally, we have some honesty in business. The real “way it is” is now public!
"I'm working for you now -- I'm not working for Trump," he told supporters at a rally in this key Western swing state Monday.
- via CNN
This is not about Trump; this is about the way that this country operates, about a system that is designed to keep most of its population’s nose to the grindstone, serving the 1% of the country so that they can continue to legally and according to the mantra of neoliberal capitalism, “ethically” operate.
In his first day on the campaign trail after The New York Times reported that he had reported losing nearly $1 billion in a single year in tax filings, and could legally have gone as many as 18 years without paying income taxes afterward, Trump confronted the issue head-on. He said that in business, "it's my job to minimize the overall tax burden."
- via CNN
Truth spoken: it is the business of powerful people to stay in power. Nothing hidden here! “Legal losses” do not equate to real losses as anyone in business could affirm.
Bottom Line to this Brief Post
Since the founding of this country, the rule has been the same. If you have wealth (regardless of how you got it), you can find ways to keep it and even make it grow because you also have the power to manipulate legislation in your favor. Further, you can create a normalized model that promotes a myth of equal opportunity founded on an ethical system that favors profit over everything, including peoples’ welfare. This system is so entrenched in the U.S. that those in that upper echelon consider manipulating the system as something to be proud of.
"I have legally used the tax laws to my benefit ... Honestly, I have brilliantly used those laws," Trump said.
- via CNN
Nuf said...