Jacobin Textline: 830-JACOBIN  //  Text anytime and we'll respond during a show!

A Little Context Here and There

The personal income tax reductions of 2017 expire in 2025, but the corporate tax cuts are permanent, contributing $221B to the federal deficit (read 'debt') in 2020 alone.

Comparatively, the loan forgiveness being bandied about by Mumbly Joe will cost $300B over ten years.

Why are people content to subsidize record-high corporate profits with their tax dollars, but get bent out of shape if a person receives help from the government?

No, it's not fair if a person paid off or never had student loans (or exceeds the income threshold), but should not people have been equally outraged by the corporate welfare handed out in 2017?

Personally, I would rather see my tax dollars help people rather than corporate fat-cat-rat-bastards — or spent on a silly telescope, or a ridiculous manned mission to the moon, or an inept military that costs more than the next ( 12 ) countries combined, including China, Russia, and most of Europe.

There are plenty of dumbass things the government spends money on besides helping people.

Video Shorts

02 February 2025

Latest Listening

31 January 2025
13 January 2025
28 December 2024

Latest Reading