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Big liberal donors sent cash infusions totaling some $500 million into Senate races across the country to destroy Republican incumbents and take back the Senate. In the end, they may have failed to change many of the outcomes.
But did they really fail?
Democrats dispelled the fossilized notion that “dark money” is dangerous to politics. They are now the party of the ultra-rich, at war with the middle classes, whom they write off as clingers, deplorables, dregs and chumps.
In that context, the staggering amounts of money were a valuable marker. The liberal mega-rich are warning politicians that from now on, they will try to bury populist conservatives with so much oppositional cash that they would be wise to keep a low profile.
originally posted by: kwakakev
There has been some talk around about Trump bringing in NERSA, a national economic security bill. Not surprised to see the mega rich are against such legislation. JFK has similar ideas.
originally posted by: JinMI
a reply to: underwerks
Because maybe mega rich don't care about taxes...for a myriad of reasons.
originally posted by: underwerks
originally posted by: JinMI
a reply to: underwerks
Because maybe mega rich don't care about taxes...for a myriad of reasons.
Then why do the right wing mega-rich have not paying taxes as their main platform? Why do they spend so much of their money funding things that spread that idea?
What’s good for the mega-rich is good for the mega-rich.
Regardless of their political beliefs.
originally posted by: hounddoghowlie
a reply to: underwerks
you really bought that over 400 thousand and closing loop holes equestrian fecal matter joe was spewing. only people that are going to pay more tax are the 100 thousand and less citizens.
Democratic presidential nominee Joe Biden would enact a number of policies that would raise taxes on individuals with income above $400,000, including raising individual income, capital gains, and payroll taxes. Biden would also raise taxes on corporations by raising the corporate income tax rate and imposing a corporate minimum book tax.
originally posted by: TKDRL
a reply to: underwerks
Well, did you also forget about him promising to get rid of all the tax cuts? AKA raising the taxes..... And I dunno bout you, if you even pay taxes or what. I know many average joes that paid less money due to those tax cuts he wants to get rid of.
originally posted by: underwerks
a reply to: infolurker
Over here trying to figure out why the “liberal” mega-rich would be supporting a political party that wants to tax them into oblivion and break up their tech monopolies. Taking even more money from them..
Because yeah, that makes sense.
originally posted by: underwerks
a reply to: JinMI
Because the mega rich need voters....tax paying voters.
For what?
They’re mega-rich. And I thought they don’t care about taxes. Why would they want voters who support taking their money and breaking up their companies?