Saturday, March 30, 2024

Did McConnell (and Trump) Really Lower Your Taxes?

Scottish-born Scrooge McDuck (created in 1947 by Carl Barks for Walt Disney Company) is a wealthy business duck, shown diving into his personal money vault.

Some comedies of the 1950’s had interesting attitudes toward taxes and wealth.


In the 1950 fantasy—The Great Rupert (aka The Christmas Wish)—a vaudevillian family is unaware that a trained squirrel is responsible for money raining down on them from the ceiling (every Thursday between 3-3:30 PM).

Rupert, the squirrel, is moving money from their landlord’s secret stash in the apartment above.
The Amendola family is convinced that the cash is a heavenly gift, and they use it (reasonably wisely) to pay their rent, celebrate a lovely Christmas, and help their neighbors.
Local gossip brings the FBI, tax investigators, and the police.
However, there’s a happy ending.

Lobby card from the fantasy The Great Rupert, with Louie Amendola (Jimmy Durante, middle) and his wife (Queenie Smith, left) confronting representatives of the city, state, and Federal Government over their tax debt.


A scene—in which Mr. and Mrs. Amendola attempt to convince the taxmen that their money was a gift from above—is shown above.


Another comedy from 1950 is The Jackpot.
In this film, Bill Lawrence (James Stewart) wins $24,000 (in prizes) on a radio quiz program, only to learn he’ll need to pay $7,000 in taxes.
(In that era, according to the tax laws, you needed to pay taxes on the full retail prices for all won prizes.)
As a result, Jimmy’s pleasant life is turned upside down, and he could lose his job, his marriage, and his house.
In 1950, $24,000 was the equivalent of $309,038.34 today, and $7,000 was the equivalent of $90,136.18.


Lobby card from The Mating Game, with IRS agent Lorenzo Charlton (Tony Randall, left) trying to persuade Mariette Larkin (Debbie Reynolds, middle) and patriarch Pop Larkin (Paul Douglas, right) that the Larkin family owes money to the Federal Government.


The 1959 comedy, The Mating Game, tells the story of the Larkins—a farming family that lives by bartering for goods and services—and who haven’t filed tax returns in several generations.
Tony Randall is an IRS agent assigned to investigate how much back taxes they owe.
Like The Great Rupert, The Mating Game is a comedy with a happy ending.
In the case of the Larkin family, the Feds actually owe the Larkins money!


The theme of all of these films is that money doesn’t equal happiness.
It’s also that living in a nonmaterialistic way, is much better than existing as a tightfisted money-grubber.
In both The Great Rupert and The Mating Game, jealous people call up the IRS to report on their neighbors.
In The Great Rupert, a few neighbors are envious of the Amendola family; in The Mating Game, a wealthy neighbor desires the Larkin land.


Taxation is a mandatory contribution to a government (by its’ citizens), in order to acquire revenue for governmental needs.*
By designing new laws, and altering tax rates, governments do more than care for their citizens.
The taxation system affects the disposable income available to the population.
As economies change, so must the tax structures.


Bostonians tarring and feathering the excise man (based on a print published in London in 1774).


The individual income tax was first introduced, in 1798, in England.
However, individual income taxes didn’t become progressive until 1907 (in England), and 1914 (in the U.S.).
One principal of taxation is that taxes be equitable, but that’s a difficult goal to achieve.
Economists fear that taxpayers may choose to work less, save less, or invest less, depending on the tax structure; therefore, governments “tinker” with the tax code. 


There were some good things about the McConnell-Trump Tax Cuts and Jobs Act of 2017, but all the good aspects were temporary!
The new law changed the tax brackets, and increased the income levels, which reduced some taxes.
The Tax Act also increased the standard deduction, so less people are itemizing.
The sad fact remains that most of the good changes all vanish in 2025! 


The main problem with the McConnell-Trump Tax Cuts and Jobs Act of 2017 was that the revised tax laws made inequality worse, plus it increased the national debt!
Besides permanently cutting the corporate tax rate from 35% to 21%, it doubled the estate tax exemption from $11 million per couple to $22 million per couple, and cut the top rate from 39.6% to 37%.


McConnell, and Trump, claimed that the Tax Cuts and Jobs Act of 2017 would be “rocket fuel” for the economy.
They were wrong!
American businesses didn’t invest in new technology, hire more workers, or build more factories.
Instead, they fired workers, gave money to shareholders, and increased the compensation for CEOs.
Little money “trickled down” to middle-class and lower-class tax payers, and the tax system became less equitable.


The Congressional Budget Office estimates that the McConnell-Trump 2017 Tax Act will cost the Federal Government $1.9 trillion in revenue between 2019-2029.
Furthermore, the national debt increased to $7.8 trillion by the time Trump left office!
The Democratic Party should be talking more about those two facts.
Unless the Government is able to make further changes to the tax codes, in 2025—perhaps, so that people with higher incomes pay a bit more—the Government debt will continue to grow grow and social programs will need to be cut.
Choose your poison!


*All data on the history of taxes taken from the last printed set (1997) of Collier’s Encyclopedia.

Sunday, March 24, 2024

The War on Immigrants

In the Martin Scorsese film Gangs of New York, Bill Cutting “The Butcher” (Daniel Day Lewis, center front) particularly hates Irish immigrants.

America has had a love-hate relationship with immigration ever since the French arrived in Canada, and the Virginia Company was founded (in 1606) to settle sections of the North American coast.
French Canada wanted the Ontario region to be more French, and the Virginia Company wanted the colonies to be predominately English.

I’ve discussed Americans resenting immigrants (while at the same time Big Business needing immigration).
However, I’ve not written an entire memorandum.
Like many third-generation Americans, I’ve enjoyed the “polite fiction” that we live in a “happy melting pot,” and that most Americans believe in “liberty and justice for all.”
Over the last few years, I’ve come to the realization that this may be a delusion.

Redman Toys issued action figures for 2002’s Gangs of New York.
Bill Cutting (Bill the Butcher) wore the red, white, and blue sash of the anti-immigrant Know-Nothing Party.

By necessity, the Americas were originally settled by men.
(Of the first 18 Puritan wives who sailed on the Mayflower, 13 died during the first winter.)
During the early years of settlement, many men developed romantic partnerships with indigenous women.
However, the TPTB back in Europe frowned upon these relationships.
(My 2/8/24 memorandum: “Tobacco Wives and King’s Daughter” deals with how the French, and British, governments dealt with the issue of not enough “white” women.)

Later, the Founding Fathers made disparaging remarks about non-Anglo-Saxon immigrants.
Men of British heritage (like Ben Franklin and Thomas Jefferson), worried as Anglo-Saxon families journeyed back to the safety of Britain, while rude Germans and unintelligible Swedes kept arriving.
Then, as now, the Founders were displeased with the quality of the immigrants.
It wasn’t enough that newcomers be from the British Isles; the Irish were despised, about as much as the Germans. 


The Redman Toys “The Butcher” action figure (Gangs of New York) came complete with extra weapons, and a stand with the Know-Nothing Party banner that read “Native Americans, Beware of Foreign Influence,” (with the “Ns” reversed).

As a woman of Southern Italian descent, this hatred is difficult to understand.
How are Brits able to dislike a people that looks, and acts, so similarly?
However, there’s a long history of Anglo-Saxons holding the Irish in contempt.
Just as ambitious Southern Italians traveled up to Lombardy, to find work after WWII, ambitious Irish men and women traveled to Britain, and the U.S., to “better themselves.”
However, while they did find jobs, Irish people didn’t find acceptance, especially at first.

The book Jane Austen’s England, by Roy and Lesley Adkins, makes clear that the Irish poor were considered the lowest of the low in England.
(The Adkins book covers the period from 1775-1817.)
In describing his fellow countrymen, teacher Thomas Finnegan said:

The [Irish] children were most depraved; they are exposed to every species of vice. . . and as for the parents, they are very dissolute, generally; on Sundays particularly they take their children with them to public houses.

1881 British cartoon showing a “Irish-American Dynamite Skunk” caged, in a London zoo.

When Irish Immigrants arrived in America, they were greeted with “No Irish Need Apply” signs in shop windows, and in newspaper advertisements.
Like other immigrants, the Irish were given the lowest-paying, dangerous, and most menial jobs.
After a few generations, however, the Irish were forgiven for not being Anglo-Saxon.

It’s no accident that—with the exceptions of Van Buren (Netherlands), Eisenhower (Germany), and Trump (Germany and Scotland)—all U.S. Presidents have had strong Anglo-Saxon, and/or Irish roots, on at least one side of their family trees.
(Scotland is only partially Anglo-Saxon.)
In nearly 250 years, there have been no primarily Italian, French, Greek, Slavic, Jewish, Hispanic, or Asian U.S. Presidents.
President Obama’s father was born in Kenya; ancestors on his maternal side were mostly Northern European and lived in this country since the early 1600s (earlier than the Mayflower).

American financier Stephen Girard was born in Bordeaux, France.
He bequeathed his entire fortune to social welfare institutions.
This portrait hangs in the U.S. Treasury Department, and is by James Reid Lambdin.

While not having Anglo ancestors is detrimental to being elected President, this “hardship” has not been as big a barrier to making money.
From the beginnings, recent immigrants have built fortunes faster than other Americans.
The first American millionaire was a Frenchman named Stephen Girard (1750-1831).
Today, one of the richest persons is Elon Musk, born in South Africa.
Studies attempt to analyze why entrepreneurship is so much stronger among first-generation Americans, than it is among Americans with long histories on American soil.

Seventeen Chinese men were lynched during the Los Angeles Massacre of 1871.
The Columbus Day holiday (1891) was a direct result of eleven dark-skinned Sicilian immigrants being lynched in New Orleans.
While these stories are horrific, we should remember that at least 6,400 African-American kidnapped immigrants—a group that didn’t arrive willingly—were lynched in the U.S., since the Civil War.
(”There Have Been More than 6,400 Lynchings Since the End of the Civil War, New Study Reveals” by Anagha Srikanth, 6/16/2020, The Hill.)
Lynching creates fear, and fear is a method of keeping the underclasses down.

Jane Lynch, and Jim Gaffigan, appeared on Finding Your Roots.

There’s little about the war against immigrants in grade school and high school textbooks.
Instead, we learn bits and pieces in college-level history courses, on Finding Your Roots (PBS), or the podcast “Untextbooked.”

I recently discovered a series of Chicago Tribune columns—one entitled ”Many Sicilians Are Here; Difficult to Assimilate”—in which anthropologist George A. Dorsey (1868-1931) expressed theories about Sicilian-Americans that are similar to what Trump is saying about current immigrants.
In one 6/4/1910 column, Dorsey said that Sicilians make zero contributions to American society, because Sicily is a land of “mediocre genius.”
He goes on to say that many Sicilian immigrants are criminals and Sicilian women are uneducable.
(One passage describes a Palermo woman drawing a knife on a physician.)

Statistics prove that immigrants are 30% less likely to commit crimes than home-grown criminals.
However, no one cares about statistics.
Trump signed a Deferred Enforced Departure (DED) bill on 1/20/2021, giving an estimated 200,000 Venezuelan exiles protection from deportation, but no one cares about that either.
(Link to Politico article “Trump grants Venezuelans Temporary Legal Status on His Way Out,” 1/19/21, by Sabrina Rodriquez.)

The fact remains that it isn’t just American society that’s built on immigration.
It’s human society.
Only a small number of us have sent our DNA to Ancestry, or 23 and Me.
Yet, so far, 10% of Southern “white” Americans are shown to have some Black ancestry.
Before Great Britain welcomed immigrants from Africa and Asia, England itself was a blend of Anglo-Saxons, Normans, Celts, and Scandinavians.
(As Dorothy L. Sayers put it, “the English are mongrels, and . . . they pride themselves upon being mongrels.”)
Each of us is a blend, even if we’re 100% Northern European, 100% Southern European, Asian, Jewish, Black, or any other type of person.

In Quatermass and the Pit, many Londoners descend from humans “altered” by insect-like Martians (Dr. Quatermass and Barbara Judd, center and right), while a few haven't been altered (Dr. Roney, left).*
An alien space ship is dug up, activates the altered humans, and chaos results!

Borders around countries aren’t solid.
Every region of the world has ethnic divisions.
Some Mexican-Americans lived on the same land since the 1700’s.
However, now that land isn’t part of Mexico; it’s part of the USA.
Ukrainians know themselves as a separate ethnic grouping, but Putin insists that Ukrainians are Russians.
Italy didn’t become a separate Italianate country until 1861.
(Giuseppe Garibaldi, who unified Italy, had hoped to make Nice—his birthplace—part of Italy, but he failed.)
It’s all a crap shoot whether you call yourself—Italian or French, Mexican or American, German or Slavic, Ukrainian or Russian, white or Black. Wars, social constructs, or forgetting your history, may place you on the “wrong side” of a divide.

*In 1967’s Quatermass and the Pit, Andrew Keir was Dr. Quatermass; James Donald was Dr. Roney; and Barbara Shelley was Barbara Judd (shown above, wearing the remnants of an EEG-like device that read her brain waves).

What You Liked Best