Thursday, January 11, 2018

Robots don't pay taxes

Reading and article in the NYT it just hit Kadizzle robots do not pay taxes. What does this mean? It simply means Trump has pulled off an amazing win.  You buy a robot to do the work of six people. The government loses six tax payers. The company makes more money and Trump set it up so corporate taxes are lower.  Six people are out of work and the corporation gets a tax break.  So the rich get richer, and the economy no longer works.  It will take awhile for the deficits to kill us, but it will surely happen. Meanwhile the rich and the Republican sing to the bank.

In the end it cannot work. Society will have to change.  Democratic socialism is the only answer. Europe has embraced it. Most Americans are clueless about what it is.  When the old economics does not work, you have to share the work and share the results of the work.  The rich will fight it to the end by buying all the legislators they need. In the end it will fail. You cannot buy love,  and you cannot buy your way out of a society swamped in poverty.  Fair distribution of the fruits of labor is the only way around the looming mess. Usually the fairness comes from a war, a depression, or some sort of massive social change that is not good for the ruling class.  Class warfare is on, get you economic gun ready.

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