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Cult of Fools Weekly (Feb 16, 2025) — “Tax Increases for you to reduce taxes for the rich”
And just like that, suddenly the debt ceiling no longer matters …
- Who will benefit from the tax cuts? …
- Yes that’s correct, the oligarchs and the rich, not you and me. We will be paying more tax to help make the wealthy even richer. They are getting what they paid for.
- Really?
- Yes really …
This is why Elon is “deleting” various agencies left and right — it is to gather up and make available funding to enrich himself via tax cats.
Also, notice that this is all founded on an assumption that the economy will grow 2.8%; a tariff infested trade war economy will not grow, but instead will shrink. The word “Assuming” is doing a LOT of work there.
Has any other crazy stuff happened during the past week?
As is now the well established pattern, you need not even ask, “utter lunacy blended…