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Trump's Infrastructure Theft Explained

By       Message Gaius Publius       (Page 1 of 1 pages)     Permalink    (# of views)   2 comments

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Robert Reich explains the theft plan buried within Trump's so-called "infrastructure" plan (h/t Jennifer Nix on Facebook)

All you need to know about Donald Trump's theft of your dollars under the guise of an "infrastructure" plan is explained neatly in the video above.

I call it "theft" because as Reich points out, it steals from the public twice -- once with a massive tax giveaway and once more with a bunch of extracted tolls ("usage fees"). what to us is a toll road is the private sector a "government-protected income stream." That private sector can include money from anywhere; for example, the sovereign wealth fund of Saudi Arabia or Abu Dhabi.

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And unless you think I'm just jumping on the Trump train, Clinton's plan was widely rumored to be based on public-private "partnerships," tax "incentives" and corporate tax "repatriation" plans as well.

(Those three words -- "partnerships," "incentives," and "repatriation" -- are in quotes for a reason. It's not a partnership when one partner steals from the other. It's a gift, not an "incentive," when a cost-free means of gaining compliance -- like taxation -- is available. And it's not "repatriation" when the money that would supposedly be coming home is already invested here anyway.)

The rich. It's how they roll ... us.

For a real, people-friendly infrastructure plan, read this.


(Image by Robert Reich)   Permission   Details   DMCA
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A writer who contributes to a number of publications, including digby's Hullabaloo, Down With Tyranny, Naked Capitalism, Truthout and Alternet.

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