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Opinion Wall Street, Is Your Tax Cut More Important Than American Democracy?

17:02  28 september  2020
17:02  28 september  2020 Source:   thedailybeast.com

To achieve racial justice, America’s broken democracy must be fixed

  To achieve racial justice, America’s broken democracy must be fixed Why 30 Black- and brown-led organizations are coming together to demand bold democracy reform.But Mitchell’s sense of the problem has changed over the years. He used to think if he could just mobilize enough support and change enough minds, that would be enough to make progress on the issues that mattered most to his community. Now he knows that was wrong. If you want to change the outcomes the political system produces, you need to change the political system itself.

On the one hand, Donald Trump isn’t saying anything he didn’t say in 2016—I’ll respect the results if I win, and so on. On the other, though, there is one thing that’s very different: He’s president now. He wasn’t then. And when a sitting president refuses to commit to the peaceful transfer of power, that’s a flag that’s as red as red gets (and he gets a kick out of it, as the Beast reported). But this column isn’t aimed at Trump. It’s aimed at everyone else, especially this country’s elites, from politics to the business world to the military and beyond. Because it’s time now to ask the people at the top of this society: How much evidence do you need? What will it take for you to say “enough”?

Trump denies New York Times report detailing his tax returns and financial problems: 'It's totally fake news'

  Trump denies New York Times report detailing his tax returns and financial problems: 'It's totally fake news' The Times reported that Trump paid only $750 in federal income tax in 2016 and 2017, but shelled out $70,000 on hair styling during "The Apprentice.""It's totally fake news. Made up, fake," Trump said. "Actually, I paid tax.

Illustration by Elizabeth Brockway/The Daily Beast © Provided by The Daily Beast Illustration by Elizabeth Brockway/The Daily Beast

Trump just vowed to try to end our democracy. Because that’s what not accepting a peaceful transfer of power is. It’s never happened (Andrew Johnson did not attend U.S. Grant’s inauguration, I think the only incumbent to refuse to show; but he did vacate the White House on time and of his own volition). If Trump loses and refuses to go, I guess someone, the Secret Service, will eventually drag him out. But there will be violence across the country. It could lead to a form of civil war. Maybe not with men in uniforms like the last one, but… well, with men not in uniforms, which when you think about it may be worse.

It’s 19-effing-32, America. By which I mean, there’s a certain country out there that had an election in the fall of 1932 that was its last for some time. Though I don’t expect Trump would build death camps, he would clearly like to make himself ruler for life and govern with broad emergency powers. Is this not frightening enough?

Trump's tax records show he's carrying $421million in loans and debt

  Trump's tax records show he's carrying $421million in loans and debt In a Sunday report that Trump, main, dismissed as fake news', The New York Times said the president also paid no federal income taxes in 10 of the previous 15 years through 2017. Ivanka is inset.In a Sunday report, dismissed by the president as 'fake news,' The New York Times said most of that debt comes from the Doral golf resort in Florida - $125 million - and Trump's Washington hotel - $160 million. On top of that, a $100 million mortgage on Trump Tower in New York will come due in 2022.

Here’s who I’m talking to. First, Republicans. I expect nothing from most of them, of course, and in fairness a few have criticized Trump’s statement. But, hey, Mitt Romney: You committed to giving Trump his new Supreme Court justice the morning of the evening that Trump made his remarks about not maybe not accepting the results if they don’t favor him.

No rethink there? You really want to hand a lifetime Supreme Court justice, whom Trump has said he needs in place as quickly as possible for an expressly corrupt purpose (so she can rule for him in an electoral dispute), to a guy who wants to end democracy? Romney, Cory Gardner, and at least three or four others should say: Sorry, those remarks change things. No new associate justice before the election for a man who says he won’t honor a contest that he doesn’t win. If that’s not Democracy 101, it’s hard to say what is.

Next up, Wall Street and corporate America. Many of these folks like Trump and, I guess, would be untroubled by him barricading himself in the White House and declaring martial law, so long as they didn’t impact their bottom lines. That’s sick and un-American, but if that’s their view, that’s their view.

A 2016 video of Hillary Clinton attacking Trump for his low tax bill is resurfacing after an NYT report showed he paid $0 for years

  A 2016 video of Hillary Clinton attacking Trump for his low tax bill is resurfacing after an NYT report showed he paid $0 for years Speaking at the first 2016 presidential debate, Donald Trump told Hillary Clinton that if he paid no federal income taxes: "That makes me smart."Clinton, speaking at the first presidential debate on September 26, 2016, made the claim after moderator Lester Holt asked why Trump was first candidate in decades not to release his tax returns.

I’m not talking to them, but to all the others who would be troubled. Doesn’t he now scare the bejeezus out of you? Do you not see what a threat to our country he is, what a daily threat a second term would be?

Is your tax cut really that important to you? More important than the continuity of the world’s oldest democracy? How do I begin to talk about how selfish and short-sighted that is?

Remember last November, when Bill Gates “joked” that if the Democrats seemed like they were going to raise his taxes too much, he just might vote for Trump?

It wasn’t funny then, and it’s a lot less funny now. It’s a complete abrogation of citizenship, and of any sense of responsibility to the demos that prominent members of society in particular are supposed to show, or were once upon a time, before Milton Friedman told them otherwise.

How about if Bill Gates called together 50 or 100 of his rich friends and said: “That joke I made last year? That was horrible. I apologize. Today, these friends and I implore you: Do not vote for Donald Trump.”

Military figures: I’ve been watching H.R. McMaster go around this week promoting his book and saying on television that he won’t get involved in politics. “I’ve decided I’m not going to get involved in partisan politics,” McMaster said, citing his long tenure in the military. “I decided to follow the example of George Marshall and not even vote, to studiously ensure and help reinforce the fact that our military is apolitical, that it is nonpartisan.”

President Donald Trump and Joe Biden brace for vicious match-up in first presidential debate in Cleveland

  President Donald Trump and Joe Biden brace for vicious match-up in first presidential debate in Cleveland Analysts expect a bruising first presidential debate hinged on personal attacks as the Biden and Trump face off for the first time in Cleveland.President Trump dismisses a New York Times report alleging years of tax avoidance

Cop-out. George Marshall was operating at a time when the choices were between men, on both sides, who understood and respected democracy and the restraint it called upon leaders to exercise. Thomas Dewey wasn’t going to shred the Constitution. Donald Trump is.This is a five-alarm fire. If McMaster can’t see that, and the fact that different times demand different actions, he is blind. Willfully blind.

He surely sees the difference. He is hiding behind the epaulets of a great American who, were he around today, would well recognize what a danger Trump is, given that he’d just spent years fighting and subduing people Trump aspires to emulate in certain ways.

And Robert Mueller, who was afraid of the right-wing press! These people have lived lives of service and honor that I readily admit I have not. But this is this country’s moment of truth. We have never faced an enemy within like this. Are they really content to say nothing?

History is piled with cowards who were silent when it mattered and who later said, “Gee, I guess I should have spoken, but I really didn't think it would come to this.” Well—it’s come to this. All decent people who love democracy have a choice: Say something and help save the country, or stay silent and be part of the problem.

Maybe there’s a risk in speaking. But isn’t the far greater risk in not speaking?

Read more at The Daily Beast.

Trump says he's paid 'millions' in taxes but rejects Biden’s demands to release his returns .
President Trump claimed he has paid “millions” in federal income taxes as his election rival, former Vice President Joe Biden, pointed out that Trump has refused to make his tax information public during their debate at Case Western Reserve University in Cleveland on Tuesday night. “I paid millions of dollars in taxes, millions of dollars of income tax,” Trump said. “Show us your tax returns,” Biden challenged. The contentious exchange came after the debate moderator, Fox News anchor Chris Wallace, asked about a New York Times report on Sept. 27 that the president had paid “no income taxes at all” in 10 of the last 15 years and just $750 in 2016 and again in 2017.

usr: 0
This is interesting!