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Posts Tagged ‘taxation

any day now, any way now, they shall be released….

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The New York Times describes the current US Prez as a billionaire, but is he? How can such a bumbling oaf be so super-rich? In the same NYT article, by Alan Rappeport, the Prez was quoted as bragging, when still a candidate, that he understood his country’s tax laws ‘better than anyone who has ever run for President’ – clearly as truthful a remark as everything else he’s ever said. His subsequent remarks on the tax system he promised to fix have been typically vague when not entirely ridiculous. A one-page tax plan of sorts was released in late April, which promised massive tax cuts to businesses and individuals, but it was massively short on details on how such cuts would be targeted and absorbed without a massive blow-out of the deficit. Anyway, it’ll be massive cause the US Prez likes massive. The administration has promised a thoroughly detailed plan by the end of August, but fellow-travellers who’ve been involved in meetings – mostly Republicans – remain thoroughly sceptical.

Meanwhile the Prez hasn’t released his own tax returns in spite of promising to do so. In mid-April some 100,000 citizens demonstrated against this interesting behaviour while high-profile critics such as Sam Harris have wondered why the release hasn’t been forced upon him. Could it be that the Prez is above the law? This is of particular concern because investigative journalists and historians such as Anne Applebaum and Timothy Snyder, people with solid Russian connections, have cast doubt on the Prez’s fortune and raised questions about his indebtedness to Russian money-makers, and possibly Putin’s mafioso government. And of course tax cuts to the rich might just ease the economic burden on the Prez himself, supposing he has one.

Apparently there’s a 40 year tradition of Prezes releasing their tax returns. When I read this in Rappeport’s NYT article I was immediately disheartened, as it became clear that it was only a tradition, which is far from being a law. And the Prez, as we know, is no traditionalist, with respect to such fakeries as the rule of law, a free press, human rights and the like. But I hatched an idea this morning as I heard about the Prez’s tweets on the London knife attacks, taking the opportunity to shore up his base with dog whistles on crazy immigrants, and attempts to mock the London Mayor by deliberately misconstruing his remarks. My idea is for certain high profile critics to take to Twitter (which I never use myself) or other social media platforms, and to address him directly, on a daily basis, with remarks like ‘have you released your tax returns yet, Herr Prez?’, and to get everyone else to do the same – a sort of global crowd-sourcing project. After all, though the Prez isn’t a traditionalist, he is a populist, and imagine how he would respond to hundreds of thousands, growing to millions, of people tweeting the same request every day, flooding social media platforms around the world… You may say I’m a dreamer, but really, imagine….

 


 

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Written by stewart henderson

June 5, 2017 at 9:26 am