So before going forward we encourage you to listen to our insight from a few back on something called the L-Curve. Which they don't want you to know about. It's a secret key that unlocks the mysteries of the system. And in this insight we give you another secret cipher which you may or may not know. But it's the opposite of what is commonly thought.
The L-Curve is a visual representation of the extreme mis-distribution of wealth on the planet. As evident in third and even first world countries. In which basically 99.9% of people have little to no money and .01% have all the money - and if you've got $3 million you're still in the 99.9%.
If you go to Davos, which is a town in the Swiss Alps, which annually holds something called The World Economic Forum, where elements of the .01% of the world's rich meet, which you or I would never be invited to attend in the first place, but pretend we were... Their storefront marketing pitch is that "The World Economic Forum brings together government, businesses, and civil society to improve the state of the world". What they're really doing is conspiring about how they can continue to consolidate their power via their interconnected networks while turning everyone outside of those networks into a global slave class, helping themselves before the state of the world with some tiny spillover that would in any way help the rest of the world. The one thing they could do, over anything else, is a very basic and simple thing which they will not do through their own will. And that is allowing sensable tax policy to be implemented on them.
Poverty is a vicious cycle. When you're poor it's hard to get out of that and you get more and more desperate and do non honorable things. When you're rich, your money makes more money for you, passively. Being middle class is a most realistic goal for most of the population, landing somewhere in between. We are an American who was born in the last three months of the 1970's. From World War II to when we were born, the US had sensable tax policies which built the strongest middle class in the world. Yet, since we were born the United States has gone so far down into a funhouse mirror clown world with non-sensible tax policy, and the less free parts of the world have stupidly followed suit, that they have been going on our whole life. Specifically since around 1980, when president Ronald Wilson Regan (6 letters, 6 letters, 6 letters) changed conservative economic policy from only helping the rich into only helping the ultra rich. Trickle-down economics, which should be called golden shower economics, which has created a new generation of godzillionaire oligarchical robber barons and has been the conservative standard ever since.
Republicans hate government so much and have so little interest in using it to actually function for the people, that all they do when in office is tax cuts and deregulation. That's the best they've got. But what they never tell you is that these things only really help the oligarchs. Deregulating or removing things such as the Glass Steagall Act, Dodd-Frank Wall Street Reform and Consumer Protection Act, and abolishing inheritance taxes that create a healthy financial cyclical alchemical cycle within a democratic system. Spinning that reducing taxes stimulates economic growth which is one of their many big lies. Because they always disproportionately help corporate tax rates and only benefit extremely high-income individuals. So here goes the cipher:
Tax cuts are re-distributions of wealth from the poor, middle class, and even some of the rich, to the oligarchs.
Tax increases are re-distributions of wealth from the oligarchs to the poor, middle class, and even some of the rich.
Tax cuts, when given to everyone a little bit but mainly catering to the richest 1% of society, steal your money, to give to the oligarchs.
Tax increases, when not done to 99% and only done on the richest 1%, have a healthy redistribution of wealth from the oligarchs to you.
This is old news. It's been a long con. When you think Republicans deplorable financial policies, think RepubliCON. You are being conned by cons who claim they are helping you when in actuality they are stealing your money. When you hear someone wants to cut taxes, go one micron deeper and ask... primarily on who? If they say, we're going to give you a $500 to $5000 tax cut, but then bundled in that, we're going to give this oligarch a $50 to $500 million tax cut, there goes your wealth redistribution. And if you do actually look at what they do and not what they say, you will find they are attempting to redistribute wealth from you to an oligarch when all they really need to do to raise capital is to tax the oligarchs alone. And the proof that they are oligarchic puppets is that they never do that.
So the simple solution is to roll back Reagan's tax cuts, which would not affect 99% of society and only raise the tax rate and inheritance taxes on oligarchs. And the ironclad evidence to prove that all republicans and to be fair some of the conservative corporate democrats are puppets for the oligarchs, is that they will scream from the hills and lie through their teeth that anyone who attempts to do so are their old talking point of being marxist communists. We give credit to our friend Jason Cooper who we went to college with and pointed this out on our initial L-Curves insight - Sensible tax policy is to increase taxes on the morbid wealthy and redistribute that wealth back into society. Non sensible tax policy is to cut taxes on the morbid wealthy and increase taxes on working people.
In our last insight we gave a Lord of the Rings metaphor, so to extend that, think of the oligarchs as being Saruman and modern day Republicans as the financial Nazgul. And for a Star Wars metaphor, that oligarchs are Count Dooku and the modern day Republicans as being the financial Emperor's Royal Guard. Or to throw out another metaphor from classical literature, Robin Hood would steal from the rich to give to the poor. They have been stealing from the poor, especially the middle class, and the rich, to give to the oligarchic morbidly rich for coming up on half a century. We, and 99% of society, should prefer a kinder version of Robin Hood's original way.
Now that we've given this sobering spiel, we'll be heading over to what oligarchy does to the fourth estate and why legacy media is the past and not the future.