Re: Bannon

[robert <http://dummy.us.eu.org/robert>]

You know, I'd be willing to give into Medicaid cuts if taxes were raised
to 40% on millionaires.

Of course, I would prefer 100% income tax on anybody making more then
$400,000, but not even FDR was able to do that.

 > From: Noelle <noelle>
 > Date: Sat, 17 May 2025 07:08:00 -0700 (PDT)
 >
 > F.F. in London, England, UK, asks: This is a super-interesting 
 > interview of Steve Bannon with the Financial Times. Among some of 
 > the usual right-wing things, he says he'd raise taxes on the rich to 
 > 40% above $1 million in income. Are you aware of other Republicans 
 > saying they'd like to tax the rich? Assuming this is his agenda, 
 > what do you think his motivation is?
 > 
 > (V) & (Z) answer: Steve Bannon is not really a Republican. He's a 
 > right-wing populist who votes Republican because that's the major 
 > political party that most closely aligns with his worldview.
 > 
 > Bannon is persuaded that the American system is badly broken, and 
 > that one of the reasons is that the people who have power (such as 
 > the wealthy) have co-opted virtually everything for their own 
 > benefit. So, smacking the rich upside the head with stiffer taxes is 
 > entirely on-brand for Bannon, even if he is only well-known because 
 > he rode the coattails of a billionaire.
 > 
 > There are other Republicans talking about taxing the rich, including 
 > Trump himself. However, the ones who are saying it openly are doing 
 > so because taxing the very rich may be the only way to make the 
 > numbers work in Trump's "big, beautiful bill." If there are 
 > Republican officeholders who think, as Bannon does, that it's really 
 > time to tear the whole system down, they are not saying so openly.