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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMarco Rubio wants no taxes at all on investment income. None. Zero.
The economics they are pushing do only one thing well: shove more of the country's wealth upwards. History tells us this. The candidates don't tell all of us this, but they tell their donors this very thing when they think nobody's listeningor covertly taping their remarks. Right, Mitt? The contempt for ordinary workers, the suckers who vote for them because of scary Muslims or Jeebus or both, is manifested most clearly when they talk to their primary constituencies within the country's oligarchy. Sometimes, though, the truth slips out. Marco Rubio wants no taxes at all on investment income. None. Zero. Zippola. Bupkis. And he quoted JFK to support his position in the clumsiest example of the chronic supply-sider tic of enlisting Kennedy as a premature Lafferite I think I've ever seen. As I usually say in such circumstances, when we get the top marginal rate back up to 65 percent, which is the level to which Kennedy's tax cut reduced it, then we can start to talk about the rest of it. I think it's significant to note that, when Rubio tossed this turkey from the helicopter last spring, even supply-side fanatic Steve Moore thought it was at best incoherent nonsense, albeit because it also includes a head-fake toward middle-class tax relief that Moore believes leaves the plan open to reneging on its glorious promises to the yacht-owning classes.
http://www.esquire.com/news-politics/politics/news/a39277/republican-party-plutocratic-economics/
http://www.esquire.com/news-politics/politics/news/a39277/republican-party-plutocratic-economics/
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Marco Rubio wants no taxes at all on investment income. None. Zero. (Original Post)
phantom power
Oct 2015
OP
Octafish
(55,745 posts)1. Best thing to ever happen to billionaires.
Typical GOP. Glad the liberal media will hold Marco the Crook to account.
KamaAina
(78,249 posts)2. Oddly enough, the one clown car passenger who might call him out on that would be tRump
who actually manages to string a few coherent sentences together when talking about economics.
pa28
(6,145 posts)3. No taxes for people who live off investment income. Only working people pay taxes!
Pandering to billionaire super pac donors there and he doesn't care who knows.
Lizzie Poppet
(10,164 posts)4. Because that investment creates jobs and puts people to work...
...in China.
Johonny
(20,836 posts)5. To be fair: If Marco Rubio is president there won't be any investment income to tax
indeed the whole economy would collapse if any of those fools actually got elected and passed the laws they want passed.