Oct 4, 2022

What happens when you give tax cuts to the rich?

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The big Yid, Professor Milton Friedman, the father of DISASTER CAPITALISM, PREDATORY CAPITALISM.


1. Capital flight takes place as the rich send their tax windfall money to the 70 off-shore tax havens run by the Rothschilds of London. The money is taken out of circulation in the economy. There are between $50-70 trillion worth of assets in these tax havens, most of which is from America, where Neo-liberal economics and trickle-down theory originated in the 1960s and Professor Milton Friedman Noble Laureate and the Chicago School of Economics. It was a quasi-ideological capitalist Jewish response to the popularity of Socialism, and state intervention in economic development.

Reaganomics, Monetarism, and Trickle-down economics were loudly promoted by the USA and especially in Diego countries in the American backyard, and also in Ex-Communist block countries and most famously RUSSIA, which for the last 30 years has been a role model of Neo-liberal Capitalism.

Since it is an ideological POLITICAL weapon of the American Empire enforced through subjugated countries by the CIA/State Department, it has been a political and economic disaster, especially in Russia, and the South American countries from Chile to Bolivia.


2. The rich who already have too much capital and money put the new tax windfall extra money in banks, government bonds and fixed assets, ALSO. Again this reduces the circulation of money in the economy.


3. Alternatively, the rich spend the new tax windfall money on egocentric luxury items, which does not do wonders for the economy.....such as bigger yachts, bigger mansions, bigger villas, bigger and better private jets, more expensive recreational drugs, bigger parties, more expensive cars, more expensive jewellery.....expenditure on such items isn't going to do great things for the country, and the rest of the 99%.


A $ billion dollar wedding in Moscow, whilst the majority live in relative poverty. Conspicuous hedonistic consumption.






Such EGO CENTRIC expenditure and hedonistic indulgence will not do wonders for the country, after TAX CUTS for the rich. This is what has happened in America.