Monday, October 3, 2016

INDEMNIFYING BILLIONAIRES AGAINST LOSSES

Yes, by allowing a billionaire to deduct 100% of his losses from his income taxes, our taxpayers are, in effect, indemnifying him from any losses he may suffer, but what's the fuss?  

In 2008 we indemnified a whole group of billionaires from losses amounting to almost $1 trillion, and did it in one fell swoop so as not to inconvenience them by having to miss out on Winter vacations or Christmas bonuses.

This is what makes America great, again.

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