And every single one of those companies has gone through rounds of layoffs in 2025. Not only that, but each one of them had released statements saying that their layoffs were (paraphrasing) "strategic reductions in force" unrelated to economic factors.
Which is a long way of stating the obvious: corporate tax cuts don't encourage job growth. Even if that stupid theory were true, companies would have eliminated chunks of their workforce with or without the tax breaks because AI investments (/gambles) are majorly driving this iteration.
they have even less reason to hire people for thier companies, if they can save money they will just squeeze out the current employees or outsource them. prior to takeover r/conservative by russian bakced mods, early on in trumps term, they actually believe no corporate taxes equal=more jobs.
the layoffs have been happening since musk started in early 2023, than followed by every company in tech.
Well my ISP dillegently itemizes every single state local and federal tax they pay as an additional "fee" on my monthly bill. Therefore, I should see that the federal item drop off my bill, right? Right?
Trickle down economics only work for the non-wealthy. If you give a 1000$ to a poor person, they would ideally buy locally making the money go around the community.
However, we are so deep in late stage capitalism that mega corpos have their claws in everything that every dollar given to them is a dollar that doesn't go back into the economy
I think they are trying to say trickle down can work at lower levels of class, i.e. giving money to the middle class will filter a little bit down to the lower classes. But I still doubt that in our current world, like maybe IF there were more small business and IF those businesses would pay their employees more given more profit coming then maybe but one there is a lack of small businesses for common commodities in a lot of regions, and two those small business owners tend to act like corpos now and my assumption is they would hoard that increased profit especially with how shit the economy has gotten. With a lack of stability in todays economy even the most well intentioned small business owners operating costs could swing way too high at a whim. So even for them saving extra profit as a rainy day fund to keep their business alive in those economic down swings would be crucial to staying afloat. Which again just kinda negates the premise of trickle down working at any level even more.
All of this just further points out the only solution is trickle up as giving a poor person money will always circulate upwards. With that, now they can afford more of life's necessities and even some luxuries once they can become comfortable. All of which will filter into profits for businesses and spur the economy, create more jobs, etc. Its ridiculous that such common sense seems devoid from policy, like all these companies could do so much better without all this greed. I bet in the long run the savings from not needing to fund bunkers, private protection, bullet proof vehicles, enhanced security, etc. in addition to the economic boom of people being able to actually afford to buy things if the uber wealthy just didnt try to act like parasites would pale in comparison to what they get by from a 8-10% break on these taxes in the short term before the economy slowly grinds to a halt and any profit they got starts slowly dissipating more and more as no one can afford to buy anything.
If you ever need to remind yourself if Americans are stupid, remember that they elected a born rich criminal with one failed presidency already under his belt who made it very clear he would work to benefit corporations and that he was not a fan of unions or worker rights.
Related: Someone commented the following gem on another Lemmy thread a month or two ago - "They get to choose their business model, I get to choose my customer model".
So their taxes drop, the cost of goods and services go up because…..why?
Why is it considered so damn important to keep rich people happy? Just fucking eat them. Or put them in a zoo isolated from the rest of us and tended to by the shitty AI they are so crazy about. Make the entire thing pay per view so I can watch them turn their environments into hellscapes while we live perfectly fine without them.
Because they don't care about other people, we are literally just things to be used and discarded. You can take a lot of stuff when you're a psychopath who doesn't care about anyone but yourself.
Well, kinda. But also a ton of business to business trade is fucked right now. Automotive manufacturing can shift back and forth across the US/Canada border half a dozen times as pieces are machined and fitted and assembled.
There's a reason we ditched tariffs for taxes in the 1940s. Tariffs create economic friction at every border crossing. Income/business taxes only capture profits at the end of the accounting period.
During the Recession, in Chicago , a thing called flash mobs started happening. A bunch of people would storm into high end stores, grab whatever they could get their hands on, and run away. I would love to see it happen to big grocery store monopolies, Walmarts, and the like.
"You should've just voted for genocide!!" is what you're saying here. Also, there's more than enough evidence to say the muskrat rigged the election, so even without the protest votes you'd still have won.
On top of that, hypersensitivity, projection, victim-role adoption, blame pre-loading.
While these are effective rhetorical tools for manipulating people, this isn't how reasonable people engage in conversation.
If you're not a bot then you're a narcissist or have picked up narcissistic behaviors from reading social media arguments and should, as the kids say, touch grass.
In fairness I can't tell now. Good point. I would also dig at people not voting in protest and then complaining about trump being in power, but that is a straw man in isolation and I've not specifically come across someone with that opinion
Yes, exactly. They use a lot of bad faith arguments, logical fallacies, etc. They're all just literary devices to amp up the messaging and they all follow roughly the same kind of bad faith argument templates.
Of course, these could be people. The problem is that they seem to simultaneously be completely ignorant of how reality works while also being an encyclopedia of pop culture political references and grievances. If it's a person then it fits the 'chronically online, touch grass please' stereotype, but there are so many others that argue exactly how it does on the exact same topics across all of social media so I just assume it is a bot or a bot-affected person.
We know there are information operations that exist to shape public perception that are happening on all social media. This is what it looks like, very hard to tell apart from real people (made even harder by real people mimicking them).
"You should've just voted for genocide!!" is what you're saying here.
And by refusing to participate they allowed an even worse person to take the helm, and buddy up to Bibi (further than he already was) so he can build another tacky "luxury" resort on the rubble of those genocide victims homes.
Or maybe the Dems should've actually done something to prevent it from continuing. So yeah, which is it? Are leftist non-votes important enough that those people should've voted, or are we so unimportant that appealing to the non-existant "moderate republican" and campaigning with literal war criminals was the actual good choice to win?
I DID tell people to vote for Kamala, btw. That doesn't mean I didn't make fun of her for abandoning us for the favor of Dick Cheney and nevertrumpers. Who still voted for Trump, btw. And that's not even taking into account the fact the election might have been actually rigged.
Regardless of how taxed these corporations are, they all steal surplus labor value from the working class. Democrats only want to prevent the parasite class from killing the host, not to remove it.
I guess this is where im supposed to say thank you and kiss chuck Schumer's feet? standards are loooooow. Let's introduce competition into the electoral process and raise them.
Why do they get the property protection systems of the community when they don't contribute to the community? Why do they get litigation system access if they don't help pay for the system?
77 Comments
hcf@sh.itjust.works · 167 pts · 278d
And every single one of those companies has gone through rounds of layoffs in 2025. Not only that, but each one of them had released statements saying that their layoffs were (paraphrasing) "strategic reductions in force" unrelated to economic factors.
Which is a long way of stating the obvious: corporate tax cuts don't encourage job growth. Even if that stupid theory were true, companies would have eliminated chunks of their workforce with or without the tax breaks because AI investments (/gambles) are majorly driving this iteration.
Tollana1234567@lemmy.today · 13 pts · 278d
they have even less reason to hire people for thier companies, if they can save money they will just squeeze out the current employees or outsource them. prior to takeover r/conservative by russian bakced mods, early on in trumps term, they actually believe no corporate taxes equal=more jobs.
the layoffs have been happening since musk started in early 2023, than followed by every company in tech.
Dozzi92@lemmy.world · 9 pts · 277d
My buddy works for Verizon and just let a few of us know that Friday they'll be laying off 15% of the workforce.
sudo@programming.dev · 77 pts · 278d
Well my ISP dillegently itemizes every single state local and federal tax they pay as an additional "fee" on my monthly bill. Therefore, I should see that the federal item drop off my bill, right? Right?
FauxLiving@lemmy.world · 30 pts · 278d
shalafi@lemmy.world · 53 pts · 278d
But MY bills are cheaper!
Except they're not? This is a perfect snapshot of "trickle down" economics failing. Well, failing for the electorate, huge win for the rich.
All economic systems funnel money to the top without an educated, democratic electorate.
Croquette@sh.itjust.works · 5 pts · 277d
Trickle down economics only work for the non-wealthy. If you give a 1000$ to a poor person, they would ideally buy locally making the money go around the community.
However, we are so deep in late stage capitalism that mega corpos have their claws in everything that every dollar given to them is a dollar that doesn't go back into the economy
vithigar@lemmy.ca · 8 pts · 277d
Your example of giving a poor person money which they spend and circulate into their local economy is literally the opposite of "trickle down".
AlfredoJohn@sh.itjust.works · 4 pts · 277d
I think they are trying to say trickle down can work at lower levels of class, i.e. giving money to the middle class will filter a little bit down to the lower classes. But I still doubt that in our current world, like maybe IF there were more small business and IF those businesses would pay their employees more given more profit coming then maybe but one there is a lack of small businesses for common commodities in a lot of regions, and two those small business owners tend to act like corpos now and my assumption is they would hoard that increased profit especially with how shit the economy has gotten. With a lack of stability in todays economy even the most well intentioned small business owners operating costs could swing way too high at a whim. So even for them saving extra profit as a rainy day fund to keep their business alive in those economic down swings would be crucial to staying afloat. Which again just kinda negates the premise of trickle down working at any level even more.
All of this just further points out the only solution is trickle up as giving a poor person money will always circulate upwards. With that, now they can afford more of life's necessities and even some luxuries once they can become comfortable. All of which will filter into profits for businesses and spur the economy, create more jobs, etc. Its ridiculous that such common sense seems devoid from policy, like all these companies could do so much better without all this greed. I bet in the long run the savings from not needing to fund bunkers, private protection, bullet proof vehicles, enhanced security, etc. in addition to the economic boom of people being able to actually afford to buy things if the uber wealthy just didnt try to act like parasites would pale in comparison to what they get by from a 8-10% break on these taxes in the short term before the economy slowly grinds to a halt and any profit they got starts slowly dissipating more and more as no one can afford to buy anything.
Croquette@sh.itjust.works · 1 pts · 277d
The 1000$ is split in multiple smaller sums, the the trickle down imagery but that stops there.
Trickle down economics is pejorative most of the time.
grrgyle@slrpnk.net · 2 pts · 276d
Give poor person money: they spend the money.
Give rich person money: they use it to leverage more money out of the economy of working people.
Wow so good at business look at all the money they're stealing.
DarkFuture@lemmy.world · 34 pts · 277d
If you ever need to remind yourself if Americans are stupid, remember that they elected a born rich criminal with one failed presidency already under his belt who made it very clear he would work to benefit corporations and that he was not a fan of unions or worker rights.
I mean....that is Grade A stupid right there.
tempest@lemmy.ca · 13 pts · 277d
America was always stupid.
They just had the advantage that they didn't get flattened by most of WW2.
The rest of the world is starting to catch up as the US returns to its mean.
minorkeys@lemmy.world · 2 pts · 276d
Tbf, they have a lot of help to stay this stupid.
GeneralEmergency@lemmy.world · 1 pts · 276d
Well it was either that. Or a woman.
Twice.
SlippiHUD@lemmy.world · 34 pts · 277d
Robert Reich has both a bluesky account and a mastodon account. There's no reason to use a xitter screenshot.
D_C@sh.itjust.works · 2 pts · 277d
xhitter*
rc__buggy@sh.itjust.works · 28 pts · 278d
Anyone got a link to the inevitable fact checking post? I trust Mr Reich, but it's always nice to follow up.
NotJohnSmith@feddit.uk · 5 pts · 277d
It's a great question in these times of misinformation.
It appears to have come from this policy organisation. Naturally they may have an agenda but at least have more credibility than an X tweet:
https://itep.org/corporate-taxes-before-and-after-the-trump-tax-law/
rc__buggy@sh.itjust.works · 2 pts · 276d
Huh, May 2024. I wonder if it's gotten worse
TheMinions@lemmy.dbzer0.com · 26 pts · 278d
I wonder where that guy’s son is from.
TheJesusaurus@sh.itjust.works · 15 pts · 278d
Maybe he dropped out
too_high_for_this@lemmy.world · 13 pts · 278d
He's been here the whole time!
evidences@lemmy.world · 7 pts · 278d
He's famously from Ypsilanti Michigan, everyone knows this!
IncogCyberSpaceUser@piefed.social · 2 pts · 278d
I don't get it
TheMinions@lemmy.dbzer0.com · 5 pts · 277d
Robert Reich is the former Secretary of Labor (Clinton admin).
His son, Sam Reich, is CEO of Dropout. This is a streaming service that hosts a variety of shows. Cooking shows, improv, D&D games, etc.
A recurring joke on one of shows Sam hosts is that everyone talks about how he is from Cambridge, Massachusetts for some reason.
FauxLiving@lemmy.world · 1 pts · 277d
BabyTron meme unless my Internet sense is failing me.
TheMinions@lemmy.dbzer0.com · 1 pts · 277d
It has failed you. I have no idea who that is.
FauxLiving@lemmy.world · 1 pts · 277d
I thought you were setting up the "He’s famously from Ypsilanti Michigan, everyone knows this!" line, lol
foodandart@lemmy.zip · 25 pts · 278d
Welp, there's 5 businesses right there that I will not ever buy anything from again.
They can't pay their fair share of taxes, I guess I can't be a customer.
rowanthorpe@lemmy.ml · 12 pts · 278d
Related: Someone commented the following gem on another Lemmy thread a month or two ago - "They get to choose their business model, I get to choose my customer model".
muusemuuse@sh.itjust.works · 25 pts · 277d
So their taxes drop, the cost of goods and services go up because…..why?
Why is it considered so damn important to keep rich people happy? Just fucking eat them. Or put them in a zoo isolated from the rest of us and tended to by the shitty AI they are so crazy about. Make the entire thing pay per view so I can watch them turn their environments into hellscapes while we live perfectly fine without them.
minorkeys@lemmy.world · 5 pts · 276d
Because they don't care about other people, we are literally just things to be used and discarded. You can take a lot of stuff when you're a psychopath who doesn't care about anyone but yourself.
GuyLivingHere@lemmy.ca · 2 pts · 276d
Human meat isn't going to be very palatable to other humans. Better to compost them and grow something with their remains.
yermaw@sh.itjust.works · 2 pts · 276d
muusemuuse@sh.itjust.works · 1 pts · 276d
Woodhouse: “they called it long pig……never much cared for it”
GuyLivingHere@lemmy.ca · 1 pts · 276d
Ah, a person of culture, I see.
Korhaka@sopuli.xyz · 24 pts · 277d
Ahh the tariffs make so much sense now, moving corporate taxes to the plebs.
UnderpantsWeevil@lemmy.world · 7 pts · 277d
Well, kinda. But also a ton of business to business trade is fucked right now. Automotive manufacturing can shift back and forth across the US/Canada border half a dozen times as pieces are machined and fitted and assembled.
There's a reason we ditched tariffs for taxes in the 1940s. Tariffs create economic friction at every border crossing. Income/business taxes only capture profits at the end of the accounting period.
IAmNorRealTakeYourMeds@lemmy.world · 4 pts · 277d
yhea, obvious since the beginning. replacing progressive corporate taxes for a flat tax as a fuck you to people.
ieatpwns@lemmy.world · 20 pts · 277d
Oh cool so Walmart can afford ppl walking out with full shopping carts now
PunnyName@lemmy.world · 6 pts · 277d
If you see someone stealing food, no you didn't.
ChonkyOwlbear@lemmy.world · 5 pts · 277d
During the Recession, in Chicago , a thing called flash mobs started happening. A bunch of people would storm into high end stores, grab whatever they could get their hands on, and run away. I would love to see it happen to big grocery store monopolies, Walmarts, and the like.
bitjunkie@lemmy.world · 2 pts · 277d
Ding ding ding
someguy3@lemmy.world · 20 pts · 278d
This is what you voted for protest-non-voters.
SalamenceFury@lemmy.world · -27 pts · 278d
I like how liberals are always like "Leftists are so powerful that without them the dems lose but so unimportant that we don't need them".
Almost like it's one of the core tenants of fascism...
someguy3@lemmy.world · 20 pts · 278d
You're twisting yourself into knots. I'm just informing protest-non-voters what they voted for.
SalamenceFury@lemmy.world · -28 pts · 278d
"You should've just voted for genocide!!" is what you're saying here. Also, there's more than enough evidence to say the muskrat rigged the election, so even without the protest votes you'd still have won.
Rothe@piefed.social · 16 pts · 278d
Trump was a vote for 10x the genocide, besides all the other fascist stuff he has been doing.
SalamenceFury@lemmy.world · 0 pts · 277d
Again, the election was rigged, so no, it's not the fault of anyone who didn't want to vote for a non-solution.
biggeoff@sh.itjust.works · 12 pts · 278d
Who is "you" in the phrase "you'd still have one". Pretty obvious the person you're arguing with isn't a trump voter
Pat_Riot@lemmy.today · 0 pts · 277d
But the one you just replied to sure sounds like they voted for Trump by proxy.
biggeoff@sh.itjust.works · 1 pts · 277d
Alarmist at best, malicious at worst I think
FauxLiving@lemmy.world · -3 pts · 277d
Is that really obvious though? It reads like a troll trying to create pointless division among progressives.
I always read these people as either political bots or children (or adults, similarly intelligent) spreading a meme created by a political bot.
someguy3@lemmy.world · 5 pts · 277d
Me: Vote.
You: Stop creating division!
Unreal.
FauxLiving@lemmy.world · -2 pts · 277d
Textbook DARVO sequencing.
(https://en.wikipedia.org/wiki/DARVO)
On top of that, hypersensitivity, projection, victim-role adoption, blame pre-loading.
While these are effective rhetorical tools for manipulating people, this isn't how reasonable people engage in conversation.
If you're not a bot then you're a narcissist or have picked up narcissistic behaviors from reading social media arguments and should, as the kids say, touch grass.
biggeoff@sh.itjust.works · 1 pts · 277d
In fairness I can't tell now. Good point. I would also dig at people not voting in protest and then complaining about trump being in power, but that is a straw man in isolation and I've not specifically come across someone with that opinion
FauxLiving@lemmy.world · -1 pts · 277d
Yes, exactly. They use a lot of bad faith arguments, logical fallacies, etc. They're all just literary devices to amp up the messaging and they all follow roughly the same kind of bad faith argument templates.
Of course, these could be people. The problem is that they seem to simultaneously be completely ignorant of how reality works while also being an encyclopedia of pop culture political references and grievances. If it's a person then it fits the 'chronically online, touch grass please' stereotype, but there are so many others that argue exactly how it does on the exact same topics across all of social media so I just assume it is a bot or a bot-affected person.
We know there are information operations that exist to shape public perception that are happening on all social media. This is what it looks like, very hard to tell apart from real people (made even harder by real people mimicking them).
kent_eh@lemmy.ca · -1 pts · 277d
And by refusing to participate they allowed an even worse person to take the helm, and buddy up to Bibi (further than he already was) so he can build another tacky "luxury" resort on the rubble of those genocide victims homes.
Bravo... 🙄
SalamenceFury@lemmy.world · 2 pts · 277d
Or maybe the Dems should've actually done something to prevent it from continuing. So yeah, which is it? Are leftist non-votes important enough that those people should've voted, or are we so unimportant that appealing to the non-existant "moderate republican" and campaigning with literal war criminals was the actual good choice to win?
I DID tell people to vote for Kamala, btw. That doesn't mean I didn't make fun of her for abandoning us for the favor of Dick Cheney and nevertrumpers. Who still voted for Trump, btw. And that's not even taking into account the fact the election might have been actually rigged.
Tollana1234567@lemmy.today · 7 pts · 278d
they are both strong and weak at the same time, so storng as you must always fight against the enemy, and weak that they cant do anything you want.
ArmchairAce1944@discuss.online · 19 pts · 277d
Best part is if and when they try to restore them or raise them they will bitch about the rates being impossible snd 'they will just leave'.
Fucking shitfuckers...
UltraGiGaGigantic@lemmy.ml · 17 pts · 277d
Regardless of how taxed these corporations are, they all steal surplus labor value from the working class. Democrats only want to prevent the parasite class from killing the host, not to remove it.
I guess this is where im supposed to say thank you and kiss chuck Schumer's feet? standards are loooooow. Let's introduce competition into the electoral process and raise them.
::: spoiler Electoral Reform Videos
First Past The Post voting (What most states use now)
Videos on alternative electoral systems
STAR voting
Alternative vote
Ranked Choice voting
Range Voting
Single Transferable Vote
Mixed Member Proportional representation :::
UnrepententProcrastinator@lemmy.ca · 16 pts · 277d
That's a lot of money to trickle down, can't wait!!!! /s
merdaverse@lemmy.zip · 9 pts · 277d
kent_eh@lemmy.ca · 3 pts · 277d
Trickle down only works as expected in specific situations.
Petter1@discuss.tchncs.de · 1 pts · 277d
The description on tickle down pic is spot on:
They will create cyberpunk style society “prosper” may be interpreted differently depending on the viewer…
_Nico198X_@europe.pub · 15 pts · 277d
thank god i don't live in the US.
EU citizens, never stop fighting.
azha@lemmy.world · 8 pts · 277d
Do the same with chat control
_Nico198X_@europe.pub · 5 pts · 277d
can never stop. they just keep trying and trying. sadly we have to do the same.
thefluffiest@feddit.nl · 13 pts · 278d
Corporate giveaway? Call it what it is: corporate socialism. Using the people’s money to line the pockets of oligarchs
minorkeys@lemmy.world · 5 pts · 276d
Why do they get the property protection systems of the community when they don't contribute to the community? Why do they get litigation system access if they don't help pay for the system?
Dragonstaff@leminal.space · 2 pts · 276d
Regulatory capture is the end stage of capitalism. The rich buy the government and clear away any protection we have against them.
theneverfox@pawb.social · 3 pts · 278d
Well... Damn
A_norny_mousse@feddit.org · 2 pts · 277d
Now do the 99%