What Trump and his Billionaire pals really want is UNREGULATED CAPITALISM

Lakhota

Diamond Member
Jul 14, 2011
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Amen! That's exactly what they want. More massive tax cuts for the rich and massive deregulation. Would America be fit to live in after another Trump term? What do you think?
 
Unregulated capitalism is an issue in this county that goes back quite some time, with many players

So you (or anyone else) get to hang it all on the potus in office, or the candidate seeking it

~S~
 

Key findings​

  • Federal regulation’s total compliance costs and economic effects are at least $2.117 trillion annually in Ten Thousand Commandments’ estimate, and almost certainly higher.
  • An October 2023 National Association of Manufacturers (NAM) report models regulatory compliance at $3.079 trillion annually.
  • US households pay on average $15,788 annually in a hidden regulatory tax, which consumes 17 percent of income and 22 percent of household expenses.
  • These outlays exceed expenditures on health care, food, transportation, entertainment, apparel, services, and savings. Only the costs of housing, which stand at $24,298 annually, exceed regulation.
  • The higher NAM figure implies $22,962 per household, or 31 percent of the household expense budget.
  • The regulatory tax of $2.117 trillion rivals individual income tax costs estimated at $2.328 trillion for 2023 and stands at nearly four times the corporate income tax of $546 billion.
  • The NAM cost figure of $3.1 trillion annually would exceed the sum of both ($2.9 trillion).
  • If it were a country, US regulation would be the world’s 10th-largest economy, ranking behind Canada and ahead of Italy.
 






Donald J. Trump

@realDonaldTrump

If Kamala wins, you are 3 days away from the start of a 1929-style economic depression. If I win, you are 3 days away from the best jobs, the biggest paychecks, and the brightest economic future the world has ever seen.Kamala’s inflation nightmare has cost the typical American family $30,000 dollars in higher prices—and now, she wants to impose the largest tax hike in American history, and raise your taxes by $3,000 dollars a year. I will massively cut taxes for workers and small businesses—and we will have NO TAX ON TIPS, NO TAX ON OVERTIME, and NO TAX ON SOCIAL SECURITY benefits!
 

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