[IMPORTANT IDEA TO READ]
3/2/22 Los Angeles, #capitalism:
One of the CRITICAL differences in thinking about government between REDS and BLUES is this: THE REDS know that MANY of the wealthiest people will do a couple of things:
1) Create jobs, jobs, jobs (which yield taxes) as they buy stuff like mansions, cars, pools, jets, and fancy clothes; I mean… someone had to build Obama’s $15M mansion on the water… JOBS!
2) At some point, many of the wealthy have everything they could want for themselves, so to get that success high, they want to help others a lot more: Like Betheny Frankel here and Elon Musk helping Ukraine, and the way many others wealthy donate to charities. But the BLUES…The Blues think the government should TAX TAX TAX the wealthy — the very people who creating jobs, making things, and spending money to buy things that give others jobs…. and all of those things that create JOBS also create PAYROLL TAXES!
But The Blues think Congress should STEAL that money from the wealthy and use it for whatever they want in the government control! Now some things are good for the government to handle like…. roads and highways, preserving some National Parks, and helping the elderly and disabled and so on. But TOO MUCH of the taxes they STEAL from the Rich and the Middle Class go mind-boggling waste!
(The studies Rand Paul has talked about on how much $$ the government wastes will blow your mind). Things like cheating contractors who charge $500 for a hammer… BILLIONS STOLEN in fraudulent Covid relief claims…. LEAVING BEHIND $85 BILLION dollars worth of high-tech military equipment in Afghanistan and acting like “so what… it’s only stuff.” But CAPITALISTS (compared to goverment) are MUCH MORE EFFICIENT with money… they create things… and they want to minimize waste where possible so they make more money.
(I mean… I thought it was good to minimize waste?)
Even if a Wealthy person goes to a crazy expensive restaurant in New York City and spends a few thousand dollars on a dinner and a bottle of wine… Think about EVERY PERSON who was involved… it took people to grow the food, preserve the wine and store it in the wine cellar for years… the rent the restaurant pays, the jobs the restaurant gives, the taxi drivers who drove the workers AND the patrons to the restaurant to have that expensive dinner…. Then the workers get money and pay rent and baby-sitters and buy groceries… and the grocery story get money… IT goes on and on and cirles around… the Circle of Capitalist Money.
But when the GOVT steals more of that TAX DOLLAR from the wealthy, they steal NOT JUST another fancy dinner — they STEAL the thousands of jobs to make that dinner happen! Making that dinner happen as I described above drives the economy to make it happen all over again. BUT BUT BUT…. When the government steals THAT money from the Wealthy and Middle Class, the buck STOPS… and that “capital” dissolves into a little old nail left behind in Afghanistan and the story ends… in that money circulating and producing more.
Except — to be fair — it wasn’t just a nail left in Afghanistan, it was $85 Billion worth of equipment that is now dead in the water GOVERNMENT CAPITAL … a total waste of our tax dollars…. so they’re COMING FOR MORE!
SO THEN THE greedy GOV’T Money Monster comes back to the Wealthy and Middle Class to make their deal happen all over again… and they spend MILLIONS on dead-end gigs and the pet projects of Congressmen and women… in the end… 90% of our taxes end up as WASTED DEAD END MONEY when if it were left with the corporations… and the wealthy… they would be buying a bunch more stuff and creating a bunch more things for people to do… which is also called JOBS! Which also results in LOTS MORE Payroll Taxes, paid by both the Individual and the Corporation… so then everyone wins… and Workers, Corporations, and Consumers can duke it out to balance it out. When the government takes the money instead, EVERYBODY LOSES.