Comments by "maynunal" (@maynunal) on "2024 GOP candidate fears US is 'sleepwalking' its way into conflict" video.

  1. If you’re surprised that Trump’s legal troubles are all coming to a head, you’ve been listening to the wrong people. Prosecutors know how to read a calendar, and they know how the courts work. They timed all this to come to a head well before the election, and it’s happening.
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  2. The federal minimum wage for tipped workers has been an abhorrent $2.13 an hour since 1991. Meanwhile, America's 735 billionaires are now worth a collective $4.5 trillion. This is what oligarchy looks like.
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  3. When an excessive number of tax breaks are granted to the wealthiest individuals on the planet, several potential consequences can emerge: 1. Income Inequality Widens: Tax breaks primarily benefit those with higher incomes. When the wealthy receive more tax breaks, the gap between the rich and the rest of the population can widen, leading to increased income inequality. 2. Reduced Government Revenue: Tax breaks result in reduced tax revenue for the government. This can constrain the government's ability to fund essential public services such as education, healthcare, infrastructure, and social welfare programs. As a result, these services might suffer from underfunding or even cuts. 3. Budget Deficits: If government revenue decreases due to excessive tax breaks, but government spending remains constant or increases, it can lead to budget deficits. This might necessitate borrowing money, which could lead to higher national debt levels. 4. Social Unrest: A growing disparity between the wealthy and the rest of the population can lead to social tensions and unrest. People may feel that the system is unfair and that the wealthy are benefiting at their expense. This discontent can lead to protests and social instability. 5. Diminished Trust in Institutions: When tax policies heavily favor the rich, it can erode public trust in government institutions. People might perceive these policies as catering to the interests of the wealthy elite rather than the needs of the general population. 6. Lost Opportunities for Investment: Redirecting funds from tax breaks to more equitable government spending can hinder investments in public goods like education, healthcare, and infrastructure. These investments can contribute to long-term economic growth and improved social well-being. 7. Economic Distortions: Excessive tax breaks can distort economic behavior. For instance, some wealthy individuals might engage in tax avoidance strategies that prioritize minimizing taxes over productive economic activities, potentially undermining economic efficiency. 8. Less Progressive Tax System: Tax breaks that disproportionately benefit the wealthy can lead to a less progressive tax system. Progressivity in taxes means that those with higher incomes pay a higher percentage of their income in taxes. When tax breaks reduce this progressivity, the overall tax burden becomes more regressive. 9. International Tax Competition: If one country offers extensive tax breaks to attract the world's wealthiest individuals and corporations, it can trigger a race to the bottom among other countries to provide similar incentives. This can reduce global tax revenue and make it challenging for governments to fund public services. 10. Weakened Social Safety Nets: When government revenue is diminished due to tax breaks for the rich, social safety net programs might be scaled back or become less effective. This can lead to increased hardship for vulnerable populations during times of economic uncertainty. In summary, while tax breaks can serve as incentives for economic growth and investment, excessive benefits to the richest individuals can result in negative social, economic, and political consequences. Striking a balance between promoting economic activity and ensuring a fair distribution of resources is essential for a stable and equitable society.
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  4. The vicious cycle of monopolization: 1) Corporations argue that their growth is just part of the free market. 2) Use their monopoly power to gouge consumers. 3) Take a portion of their profits to make political donations. 4) Lobby against antitrust enforcement. 5) Repeat.
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  5. The judge's recent ruling united Sidney Powell and Kenneth Chesebro in their trial, dashing their hopes for separate "speedy trials" and escalating the odds of conviction. This development might push them to consider cooperating against others, potentially even implicating Trump. Furthermore, this decision signals that the judge isn't inclined to grant defendants' requests for separate trials, including Trump's. He might have to face trial alongside some co-defendants, contrary to his wishes. While the judge expressed concerns about trying 17 people together, it's clear that their desire for separate trials has been quashed. Even if they are tried in smaller groups, it remains disadvantageous for them. Ultimately, the judge's commitment to fairness and control could lead to all nineteen defendants, including Trump, ending up in prison.
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  6. No elected official has ever been accused of anything remotely on the scale of what Donald Trump has been charged with. His prosecution isn’t a “witch hunt.” It’s a defense of our democracy. Don’t believe his lies.
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  7. The FTC is likely to file its fourth lawsuit of the year against Amazon this month. The latest suit stems from allegations that Amazon abuses its market power to reward third-party merchants who use its logistics services — and punish those who don’t. This is a big deal.
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  8. “Trump Employee 4” Yuscil Taveras has now officially flipped on Donald Trump, per CNN, after previous reports that he had agreed to such a deal. Taveras won’t be prosecuted, in exchange for testifying against Trump and the others at trial.
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  9. CEO-to-worker pay ratio in 1965: 20-1 CEO-to-worker pay ratio in 1989: 61-1 CEO-to-worker pay ratio today: 399-to-1 CEOs keep pretending they can't afford to pay workers fairly while they rake in millions off of workers' labor. Don't fall for this illusion of scarcity.
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  10. 4000 : that is the amount of legal actions against trump way before running for elections
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  11. What I always hear: “We can’t afford to pay our workers $15 an hour.” What I never hear: “We can’t afford to pay our CEO millions of dollars a year.” Funny how that works.
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