BILLIONAIRES DO ORGASMIC HAPPY DANCE

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THE STIMULUS BILL CAUSES ……..

 

 

 

 

…………… STOCK MARKET  RALLY ……. REALLY? 

Just having my morning coffee and scanning the news. I ask myself, why does the much lauded stimulus bill get the billionaires all excited and cause them to bid up the price of stocks?  MARKET WATCH 

Is this because of the puny one time rebate to workers? REBATE TO WORKERS

Are these billionaires ecstatic because of a stingy little pittance of a money back rebate to Joe Six Pack? A tiny sissy little rebate that amounts to roughly the monthly rental cost for a cheap two bedroom hovel in a bad neighborhood? 

Are the Bosses bidding up stock prices out of brotherly love for their employees? The answer is no, not exactly.

The Billionaire class is bubbly happy because of all of the giveaways to them hidden in the bill. I’m not smart enough to immediately grasp all of the complicated crimes against humanity hidden in the fine print of the Stimulus bill. But, here are a couple that leaped off the page and slapped me in my working class face.

#1. The Billionaires are going to get a sabbatical from the requirement of matching your pay in to your SSA retirement fund. SOCIAL SECURITY TAX   I’m a working class guy from a background of poverty, I hear alarm bells anytime the word Republican is used in the same sentence with the term social security. Our Social Security system and Medicare are the two best and most civilized things our government has ever done. Billionaire Bosses hate Social Security and MEDICARE, because they are forced to pay a tax on their employees wages to support it.  Anytime Republicans talk about Social Security, it is with a view to weaken or kill it. Beware of this GOP intrusion into your SSA retirement fund. 

#2. The stimulus bill gives billionaire real estate investors like Trump and  his son in law, Jared Kushner huge tax breaks to claim tax deductions for imaginary depreciation expenses on real estate. BILLIONAIRE DEPRECIATION DEDUCTION   An earlier version of this, was the very same gimmick that allowed billionaire Trump to totally avoid federal income taxes for 18 years, while firemen, carpenters and civil servants paid through the nose. This loop hole was once plugged. But, GOP got it reinstated in the stimulus bill. This one tax loophole will make Trump more money in one year, than most Americans could honestly earn in ten lifetimes. 

HERE’S SOME LAGNIAPPE ……….  Just for the sake of public education, here’s some info on the topic of THE FICA BITCH.   Most Trump voters can’t even spell FICA, much less explain it to you. I offer this educational opportunity, free gratis, to Alan Racine, Jim Tomes and other Trumper Troopers. 

 

Posted by Ron Nesler from New Harmony, Indiana

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