Frank's Musings

The Donald’s latest transparent unilateral tax revenue scheme (requiring no Congressional authorization) would affect virtually all imports and penalize all US consumers, rich and poor, including his own family. Nevertheless, it would constitute a more burdensome drain on lower- and middle-income budgets.

The President’s advisers are, no doubt, proud that they have found a way to disguise new funding for one of Trump’s self-glorifying monuments that doesn’t directly raise graduated income taxes. Not only does the White House believe that the MAGA Crowd will stupidly ignore the inequity of billing them disproportionately more in comparison to his wealthy friends.  They are convinced that feeding Trump’s ego will solve many others of their goals.  Moreover, they blindly accept Trump's contempt for anyone else's self-interests.

This is an anomaly of liberal democracy with a written, but debatable, Constitution that was not anticipated by the founders of our republic.  Their good intention to liberate themselves from monarchic autocracy ironically made us victims of economic abuse not seen since the gilded age.