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Rumor Mill News Reading Room, Current Archive

Reader: Trump Is Looking Into “Various Tax Reductions” To Boost The Economy

Posted By: RumorMail
Date: Wednesday, 13-Jan-2021 05:52:23
www.rumormill.news/130136

In Response To: We Are Being Warned That The Last Week Of August “Could Be Highly Volatile” For Global Financial Markets (RumorMail)

Thanks to reader Jeff
*********************************

Taxation has been stealthily imposed at an ever-growing rate and it is astounding so few people are aware of the profound enslavement that entails.

Jeff

Mac Slavo
August 21st, 2019

In an economic move that everyone except the mainstream media can get behind, President Donald Trump is considering reducing the heavy taxation burden on Americans to help boost the economy. Lower taxes means less is stolen from the producers and flowing into the hands of the parasites.

No one should care how much money the government will lose. Theft is theft whether it’s done by the government or by individuals, and governments are the heavyweight champions of theft. This is like being upset that your home got broken into and the thief only stole your TV so now maybe, he doesn’t have enough.

According to The New York Times, Trump confirmed that he was considering “various tax reductions,” including a payroll tax cut, to stimulate an economy that is beginning to slow. Trump made the announcement Tuesday and has pointed several companies as signs of economic strength that are now warnings of weakness. United States Steel, an early champion of Trump’s metal tariffs and a frequent mention in the president’s Twitter feed, is laying off workers and slowing production at a plant in Michigan. Home Depot on Tuesday lowered its sales outlook for the year as it braces for consumer spending to take a hit from Trump’s Chinese tariffs.

Lower taxation is a boost for the economy as less is stolen from the worker’s paycheck. More take-home pay is going to boost consumer spending and add a little padding for those living paycheck to paycheck. Taxation is still theft in any amount, but the lower the rate of theft, the better.

Read More



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Articles In This Thread

We Are Being Warned That The Last Week Of August “Could Be Highly Volatile” For Global Financial Markets
RumorMail -- Wednesday, 13-Jan-2021 05:52:23
Bill Holter of JSMineset: THE WHOLE WORLD IS ON THE TITANIC NOW [35 MIN VIDEO]
NaturalWisdom -- Wednesday, 13-Jan-2021 05:52:23
Reader: Time To Prep: “Young People Get Hit The Hardest During A Recession”
RumorMail -- Wednesday, 13-Jan-2021 05:52:23
CNBC: A sell-off worse than December can arrive in a week, says analyst who is predicting ‘Lehman-like’ drop
NaturalWisdom -- Wednesday, 13-Jan-2021 05:52:23
Reader: Trump Is Looking Into “Various Tax Reductions” To Boost The Economy
RumorMail -- Wednesday, 13-Jan-2021 05:52:23

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AN EXPLANATION OF THE FACTIONS