TheWiseOldFart

Op-ed by TheWiseOldFart   Between 2017 and 2021, Trump accomplished only one verifiable success: tax cuts for the super-rich. This is the only reason why most of America’s 81 3 billionaires support Trump in 2024. Republicans support the current plutocracy. Without their money, the right-wing would lose every election and fade away into the place where bad memories are kept.   Fact: most elections are won by the candidate with the biggest war chest. However, in 2024, the party on the right side of the aisle is making it difficult. They adopted a platform which has been described as a “ dystopian, fake-masculine, anti-LGBTQ, anti-immigrant vision of America .” It’s called Project 2025, or as Trump calls it, “Agenda47.” I’m not sure that even the super-rich can support such horrible list of fascist ideas.   This 920 - page document, compiled by the Heritage Foundation with the assistance of more than 200 former employees of Donald Trump, is entirely contradictory ...

Op-ed by TheWiseOldFart If we can’t trust our 813 billionaires in the United States, who can we trust? These hard-working men and women care about you and me more than the thousand-dollar bottle of wine they will have with dinner, or the next mansion they plan to buy in Italy. We can trust them: right? Silicon Valley billionaires claim that they will support another Donald Trump presidency, but it has nothing to do with the fact that he has promised them additional tax cuts. Why would they lie? WE SHOULD ALL BE SUPPORTING PLUTOCRATS: LOOK WHAT THEY DO FOR US Billionaires don’t like Joe Biden, and why should they? He wants to take away some of their hard-earned money by making them pay their fair share of taxes. This is wrong. They have become accustomed to a certain lifestyle. Should any part of that be taken away from them? Why should they be prevented from buying a new and much larger yacht? Dreams belong to the wealthy, and they should come true. Stop blaming the insanely rich for t...

Op-ed by TheWiseOldFart   The 2024 IRS budget is 14.1 billion dollars : 1.8 billion dollars more than 2023. It is fair to claim that this system is far more expensive than  it’s worth.   The tax code consists of 6,871 pages. 99 percent of those pages involve exemptions for the wealthy and super-rich as well as large corporations. These advantages are better known as “write-offs.” The basic rules for at least 50 percent of all Americans can be found in the first few pages.   Maybe I’m crazy, but it appears that the primary purpose of the IRS is to assist the wealthy and corporations in their efforts to evade paying their fair share of taxes.   Over my 77 Years Several Suggestions Have Been Made to Create a Simpler and More Just System   Our government is incompetent, and I am not referring solely to what happens on Capitol Hill. Along with the IRS I believe there is enormous incompetence and corruption in the FDA, the FCC, the Consumer Protection ...