Here's to Pushing for MORE Inflation

And to understand that taxes are not PAID by companies. They are COLLECTED from the end user. The END USER pays the tax. NOT the company.

@porwest certainly won't come out of their huge profits and salaries. Tax time for those huge mega million salaries.

@JimmyDeen All of which are earned, and success should never be punished. Without the rich and the businesses they create we would enjoy no products to consume and no one would have jobs.

They CREATED the inflation. How in the hell do they 1) deny they did and 2) convince the American people they can control it when they haven't bee able to since it started? Beyond that, they continue to blame price gouging and greedy business which has NOTHING to do with the causes of this inflation. It just boggles the mind what they are selling, and what some people are buying. Like I have said a couple of times here, it's like a salesman having sold a broken TV and they stare at a blank screen thinking what they are seeing is the greatest show on Earth.

@porwest I hate to say this but some people have their heads in a fog & looking through the jungle thinking it's a great place to be & it's NOT.

@porwest And nothing done about all the illegals coming in. And giving them everything we all worked for all of our lives. Where does it end at?

@porwest Exactly. I don't get it at all. And now they are reversing their stance on a lot of things. But will they follow through. NO WAY! Just lies to get votes.

Whenever the Democrats talk about this "booming" economy, it just boggles my mind. What world are they living in? Clearly not the same one we are.

Savings and loans went out...people swarmed them to get their money out..I only keep enough money to pay the bills in my credit union. Tom does the same thing. We started doing that after hurricane Michael..could not get to our bank for money for almost a week. Couldn't even use a credit card or debit card in the County. Had to drive almost 50 miles in order to get gas. When I hear people talk about Digital Money...I just Laugh at them...as they have no idea what it is like to not be able to use your money when the power is gone for weeks!

@rebelann No electricity! No machines to run the cards.

That's sounds scary @Ghostlady What I don't understand is why you couldn't use your credit card, I've never had a problem with that.

This inflation was not caused by tax cuts. It was caused by policy. When the government prints money it dilutes the money supply and makes every dollar in circulation less valuable. There are three key reasons inflation happened. The American Rescue Plan, the Inflation Reduction Act (which really had nothing at all to do with inflation but instead was a climate change bill—those two acts came at a cost of nearly $6 trillion. Biden also reversed Trump's energy policies on day one, and gas prices jumped almost immediately, and because transportation costs are all largely tied to oil, those costs had to be added into the cost of the delivery of goods. You have to remember something about the American Rescue Plan and its impact as well and how it relates to inflation. It came at a time when businesses were reopened and the economy was already beginning to recover. It put more free money into a lot of hands, causing a labor shortage, which contributed to supply chain disruptions, which also led to higher wages to try to get people back to work. When you have undeliverable goods sitting in storage containers and no one to deliver them, it adds cost to everything especially if it rots or you have to pay people more to move it around.

@JimmyDeen The problem is not what the rich pay, it's what the Congress has allowed them to deduct. The Democrats have sold a BIG lie claiming the rich don't pay their fair share. They pay what the LAW says they are REQUIRED to pay. And who are the RICHEST people in Congress? Democrats. Now tell me why the laws don't reflect what they say they want to do? Because they want you to believe they are on your side when all along... They write laws that suck taxes out of the average working class guy and leave the rich alone. Sneaky? Yep. By design? You bet it is. The Democrats have ZERO interest in taxing the rich. They just want to make it look like they want to. Like Trump said to former senator Hillary Clinton in a debate when she accused him of not paying enough taxes. "I paid according to the laws YOU wrote. If you don't like what I paid, change the law."

@porwest these things certainly caused inflation to rise. We need to go those high incomes that pay little taxes. It's the lower income brackets that should get the tax cut. Their taxes should be 2 percent or less of income.

It's just this constant misunderstanding that corporations pay taxes. They don't. They collect them to pay. It's like the analogy I use all the time about being a property owner with renters. I do not pay property taxes. My property taxes are collected from the renter. If my property tax goes up and I expect an 8% ROI, my rent goes up in direct relation to the tax going up. I maintain a margin and make a profit, but never pay a dime in taxes because the taxes I pay are collected from the rent I charge. If the tax goes up, the rent goes up, and I still make the EXACT profit I did before the tax was imposed. The ONLY person who pays more is the renter. It's such a simple concept, but virtually NO ONE gets it. lol

@porwest Yep!

@porwest What a bunch of malarky that is. Written by an idiot for morons. The kind of people who bought Truth Social stock because they think Trump is a good businessman. It does fit your ignorance of business and economics, though.

@porwest Bookmarked The Springboard Blog. Added to Homescreen.

If you think price gouging is the problem, or even a thing...you are an idiot and I will just leave it at that.

The question is, does anyone get it? Corporations do not pay taxes. They COLLECT them. They make the same profits, and the PEOPLE pay for it. NOT the company. It's so basic it boggles my mind NO ONE gets it. Charge me whatever you want for property taxes. If I am charging rent, your rent will go up in DIRECT relation to the higher tax. I don't pay it. The renter does. I will make my 8% regardless of the tax charged. Raise my tax and I raise your rent. Who pays? YOU. I REFUSE to pay the tax. I will ALWAYS pass the tax onto the end user. Every single time.

@porwest There is much more at stake in this election than so many people care to realize. -----There was a lot at stake when Trump had a chance of winning.

There is much more at stake in this election than so many people care to realize.

@porwest THE U.K, 52% of them are ourS

Who creates the havens, though? I mean, the laws our elected officials determine what you can and cannot do with money.