For this Blog Posting you ought to put down your beer because you are going to have to be at your best to follow this Foolishness.
Higher Arithmetic by Bullet Point...
Ø Needless to say (but I’ll say it anyway) any Washington D.C. forecast of how much money will be spent on anything is always too low.
Ø Forget bullet point #1 above. For purposes of my Higher Arithmetic Lesson, I’ll accept the current forecast for the Green New Deal at $93 Trillion.
Ø However, you should not forget that $93 Trillion is 93 Thousand Billion Dollars.
Ø A Supporter of the New Green Deal Who Is Running for President was asked where the $93 Trillion is going to come from.
Ø The Supporter of the New Green Deal Who Is Running for President did not like the question and he got snippy with his answer.
Ø The Supporter of the New Green Deal Who Is Running for President pointed out that Amazon made $5 Billion in 2017 and did not pay any Income Taxes.
(It should be noted that Amazon avoided paying any Income Taxes through the legal use of existing Tax Law.)
Ø OK. I give up. This is a valid argument and I concede that the Supporter of the New Green Deal Who Is Running for President has won this argument.
My surrender above was done with my tongue firmly planted in my cheek and, therefore, it was not a legitimate surrender at all but was only an attempt for me to catch my breath. Here I come again...
Ø Would it surprise you if I said that $5 Billion (5 thousand million) is not a lot of money?
Ø Actually it is not when it is compared to $93 Trillion (93 thousand billion).
Ø For the sake of argument I will concede that the Supporter of the New Green Deal Who Is Running for President is right and Amazon must pay Income Taxes on its $5 Billion Profit.
Ø I will further concede that Amazon should accept the entire $5 Billion as its Income Tax Responsibility for 2017.
Here comes the Higher Arithmetic...
$93 Trillion minus $5 Billion leaves 92 Trillion 995 Billion More Dollars that the Supporter of the New Green Deal Who Is Running for President needs to find from somewhere else to pay for the Green New Deal’s Total Cost.
Note from Fella to the Supporter of the New Green Deal Who Is Running for President:
You may not like the question and you may want to get snippy with me with your answer but I have to ask...
Where do you plan to get the 92 Trillion 995 Billion More Dollars?
Would I kid u?
Smartfella
Lagniappe: Oh darn! Here comes Senator Foghorn Leghorn stepping up to the podium. I know what he is going to say before he says it. He is so predictable... “Son, why son, don’t ya see it? 93 ain’t much! Why it’s only 1 more than 92. It’s not even 94. Now if you were talking about 95, you might have a valid point but, golly gee, 93 is only 93!”
