Category Archives: Around the World

“Trump […] talks of helping ordinary Americans even as he enriches tycoons like himself.”

New York Times Opinion by Nicholas Kristof: This Isn’t Tax Policy; It’s a Trump-Led Heist.

“What do you do if you’re a historically unpopular new president, with a record low approval rating by 14 points, facing investigations into the way Russia helped you get elected, with the media judging your first 100 days in office as the weakest of any modern president?

Why, you announce a tax cut!

And in your self-absorbed way, you announce a tax cut that will hugely benefit yourself. Imagine those millions saved! You feel better already!

I’m deeply skeptical that President Trump will manage to get a tax reform package passed into law, and that’s just as well. Trump’s new tax “plan“ (more like an extremely vague plan for a plan) is an irresponsible, shameless, budget-busting gift to zillionaires like himself.

This isn’t about “jobs,“ as the White House claims. If it were, it might cut employment taxes, which genuinely do discourage hiring. Rather, it’s about huge payouts to the wealthiest Americans — and deficits be damned!”

“There are legitimate reasons to run deficits […] Borrowing trillions of dollars to provide a huge windfall for people at the top is not one of those reasons.”

The New York Times: President Trump’s Laughable Plan to Cut His Own Taxes”.

“As to the rationale offered up by Mr. Mnuchin and Mr. Cohn, even many conservative economists believe that the argument that tax cuts will pay for themselves, by increasing investment and creating jobs, is the same supply-side fantasy that has repeatedly been proved wrong. This durable nonsense would instead add mightily to a federal debt that Americans will be paying off for generations to come.
[…]
Regardless of the plan’s fate, Mr. Trump has already sent a strong message about where his sympathies really lie. They lie not with the working people who elected him, but with the plutocracy that envelops him.”

“Natürlich ist die Regierung daran nicht direkt schuld. Aber sie erzeugt ein bestimmtes Klima.”

Zeit online: Auswandern: Trump kam, sie gehen. “Nach Trumps Wahlsieg schien es, als wolle die halbe USA nach Kanada auswandern. Kaum einer meinte es ernst. Ein jüdisches Paar aus South Carolina geht tatsächlich.” Von Kersten Augustin und Alexander Krex.

“Zeit online: Wann haben Sie die Entscheidung getroffen, zu gehen?
Jesselson: Vor der Wahl haben wir im Spaß gesagt: Wenn Trump gewinnt, wandern wir aus. In der Wahlnacht hatten wir dann Freunde zu Besuch, wir hatten Champagner kalt gestellt, um auf Clintons Sieg anzustoßen. Dann kamen nach und nach die Ergebnisse, und alle unsere Freunde sind nach Hause gegangen. Wir haben uns dann angeschaut und gesagt: Wir machen das. Wir wandern aus.”