UK taxpayers contributed £89m to the most expensive movie ever made
https://www.theguardian.com/film/2025/apr/20/uk-taxpayers-contributed-89m-to-the-most-expensive-movie-ever-made?CMP=share_btn_url
The Chris Hedges Report: Economics of a Dying Empire
https://consortiumnews.com/2025/04/19/the-chris-hedges-report-economics-of-a-dying-empire/
Events will become increasingly difficult to predict as late-stage capitalism sees the oligarchy consume even the structures that had supported it. By Chris Hedges ScheerPost This interview is also available on podcast platforms and Rumble. “These are levels of craziness that are part of…
#Politics #AmericanEmpire #Analysis #Economy #NewsAnalysis #Brics #Capitalism #ChrisHedges #ChrisHedgesReport #KarlMarx #LateStageCapitalism #Marxism #Oligarchy #Plutocracy #RichardWolff #Swift #Tariffs #TaxCuts
Let's be clear: Poilievre is no fan of Trump's tariffs or plans to annex Canada. But he is a devoted fan of the main Trump agenda — the one highlighted by techbillionairelunatic Elon Musk wielding a chainsaw as he gleefully hacks government programs as part of Trump's quest to deliver more tax cuts and power to the ultrawealthy. #poilievre #trump #conservatives #MapleSyrupMAGA #taxcuts #canada https://www.thestar.com/opinion/star-columnists/poilievre-is-trying-to-do-something-that-goes-against-every-bone-in-his-body-and/article_0cf62c1d-2d0e-4205-b6ff-4469da226277.html
From I've heard, I don't have an official citation so take it as you will...
The 2017 #trump #TaxCuts only benefitted roughly 100 people & corporations. Just that put a strain on the US.
This latest 2025 tax cut will only help out roughly 600 people & corporations. Everyone else, minus those 600, will bear that cost.
Think you're so rich, that you won't get hurt? You're not 600 most wealthy in the US.
You will have all of the systems you paid into, and that support you, harmed as well.
Day 17 cont 
“The shadow treasurer, #AngusTaylor, has been questioned on why the opposition leader #PeterDutton, indicated before the election there would be no #TaxCuts before announcing a one-off $1,200 refund for 10 million Australians in the #Coalition’s campaign launch on Sunday.”
A formal policy would have thought through these decisions making reversals less likely. The member for #Hume is the opposition Treasurer.
#AusPol / #LNP / #Liberal / #Finance <https://www.theguardian.com/australia-news/live/2025/apr/15/australia-election-2025-live-anthony-albanese-peter-dutton-coalition-labor-poll-housing-interest-rates-rba-taylor-chalmers-ntwnfb?filterKeyEvents=false&page=with%3Ablock-67fce2438f0825dc3aa15705#block-67fce2438f0825dc3aa15705>
https://www.alojapan.com/1247347/trumps-tariffs-japans-biggest-challenge-and-opportunity/ Trump’s Tariffs: Japan’s Biggest Challenge — and Opportunity ##visitjapanjp #agriculture #Consumption #ConsumptionTax #DanielManning #DonaldTrump #economy #EnergySecurity #Japan #JapanNews #news #Politics&Security #tariffs #TaxCuts #trade With Donald Trump back in the White House, sweeping tariffs have once again taken center stage in US trade policy. A blanket 10% tariff on all imports — rising to 24% for Japan — initially si…
"Republicans have managed to unite two health industry sectors normally at war — insurers and hospitals — by threatening to cut Medicaid.
Lobbyists for both industries, faced with the prospect of losing billions of dollars in fees, are scrambling to convince lawmakers that tens of millions of low-income Americans who rely on the program will suffer."
https://www.politico.com/news/2025/04/10/insurers-providers-medicaid-cuts-00282418
Under Trump's Project 2025, not everyone is getting the same haircut.
"But there’s a reason they’re willing to absorb the pain of a few billion in lost market value. It’s not part of some three-dimensional strategy, it’s the only way they can get what they really want: a massive tax cut. Without offsets known as 'pay fors,' the full array of Republican tax proposals could increase deficits by $9.1 trillion over the coming decade, according to the Peter G. Peterson Foundation."
"Mark Zuckerberg, Tim Cook, Jeff Bezos, and Elon Musk lead companies that are part of a group known in financial circles as the 'Magnificent Seven.' On Thursday alone, Cook’s Apple lost $312 billion in market capitalization—comparable to the entire market value of Coca-Cola. Tesla, a company whose stock has already fallen because of general hatred for Elon Musk, lost about 10% of its value last week."
~ Marlon Weems
#Musk #Trump #tariffs #TaxCuts
/6
https://thejourneyman.substack.com/p/of-course-he-did-this-on-purpose
"The bluster around tariffs and revenue does create a good smokescreen to divert attention from the key Republican policy, redistributing wealth from the average citizen to the wealthy.
For all their talk about the revenue that these tariffs are going to bring in, Republicans are once again proposing massive tax cuts for the rich."
~ Matt Bernardini
#Musk #Trump #tariffs #SocialSecurity #DOGE #TaxCuts #billionaires #EconomicElites
/4
https://www.bylinesupplement.com/p/trumps-tariffs-how-to-lose-friends
#BigTech Backed Trump for Acceleration. They Got a Decel President Instead
Good news for #Andreessen (#a16z) and accelerationists is they backed Trump and he won. Andreessen is advising. Venture Capitalist David Sacks is #WhiteHouse #AI and #crypto “czar.” Musk and his posse are doing the slashing and burning themselves. Tegulation on AI and everything else they didn’t like is in process of being removed, administration is working on #taxcuts that will benefit them all.
https://www.404media.co/big-tech-backed-trump-for-acceleration-they-got-a-decel-president-instead/
@Pittthewelder as I said, I am not supporting the method of trying to create jobs in the #USA via #tariffs or the fact that it is really designed to bring #taxcuts to the rich. However, trying to create well paid jobs locally is not a bad thing. That said I really hate what he is doing to some very poor countries. They cannot afford to buy US goods, hence the trade gap!
Catherine Rampell:
"The GOP has an Orwellian solution to pay for Trump’s tax cuts
Extending them will cost trillions of dollars? No problem."
Republicans have " devised a cheat. Rather than admitting how much their tax agenda would cost, they are simply asserting that they get their first $4 trillion — free!"
"As it stands, the #Republican ploy can end only one of two ways: embarrassing failure or the congressional equivalent of a high-stakes heist, breaking the law to dole out trillions of dollars in #TaxCuts to the #wealthy."
MSNBC https://www.msnbc.com/opinion/msnbc-opinion/gop-budget-trump-tax-cuts-rcna199289
#USPolitics #TrumpRegime
"America is spinning quickly in the direction of Hungarian populism, Hungarian politics, and Hungarian justice. But that means Hungarian stagnation, Hungarian corruption, and Hungarian poverty lie in our future too."
#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites #Orbán #Hungary
/12
"In fact, annual average inflation in 2023 was more than 17 percent. In 2024, the government predicted 4 percent growth; the reality was 0.6 percent. Anyone who contradicts this messaging is unlikely to be widely heard."
#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites #Orbán #Hungary
/11
"MAGA conservatives love Viktor Orbán. But he’s left his country corrupt, stagnant, and impoverished. ...
'Please trust us,' Orbán declared in his annual state-of-the-nation speech in early 2023. “You can bet on it: By the end of the year, we will have inflation in single digits'.”
~ Anne Applebaum
#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites #Orbán #Hungary
/10
"'The president has got a heck of a lot of analysis before him, and he's gonna make the right choice, I'm sure.'
The National Economic Council is the primary group the president uses to develop domestic and international economic policy, so the fact that Hassett appears to have no idea what’s coming is concerning."
#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites
/9
"On the Fox News Channel this morning, Director of the National Economic Council Kevin Hassett said: 'President Trump has a long run vision of a golden age of America and we’re working really, really hard to get it out there in time. But I can't give you any forward-looking guidance on what's gonna happen this week.'"
~ Heather Cox Richardson
#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites
/8
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