Trump Quietly Urges Huge Human Transformation That Could Devastate the Left

By Lowell Ponte

While the Left urges people to reconsider their sexual identity and reject their nation by embracing global government, President Donald Trump is now giving us a reason to change the body in which we live.

The new Trump tax plan offers a potentially-hefty tax break to those who turn themselves into corporations. [1] Trump’s plan would lower the highest individual marginal tax rate to 35 percent – but would drop the corporate tax rate to 15 percent.

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The word “corporation” comes from the same Latin root word as corpse. A corporation is a body of the mind, a created identity, a “legal fiction” that lets the owner(s) live with a different set of laws, including tax laws.

Imagine being able to pay no U.S. taxes on foreign income until you decide to bring it back into the United States. Imagine transferring your “intangible” assets – not only patents and trademarks but also, e.g., your college degree – to a tax haven to keep income you earn from them from being taxed. Being a corporation can have many benefits. [2]

Even more infuriating to liberals than corporate tax avoidance has been the Supreme Court’s 2010 “Citizens United v. FEC” ruling that found corporations to have freedom of speech, and that held that government could not restrict or prohibit a corporation such as Citizens United from making independent political expenditures. Craig R. Smith and I discuss the implications of this in our latest book, Money, Morality & The Machine. [3]

In this and the later Hobby Lobby case, the Supreme Court implicitly ruled that such corporations possess expanding human rights – of speech and even of religious liberty. Corporations, for example, do not have a 5th Amendment right against self-incrimination, but they do possess 5th Amendment rights against being “taken” by the government without just compensation. Such rights derive from the long legal tradition that they are “persons.”
Progressives have for decades tried to take free speech rights away from capitalists and others who challenge the Leftist dogma – and in places like university campuses and the mainstream media, their intimidation has created a near-monopoly of Leftist speakers. Critics such as Ann Coulter are silenced.

The Left was furious at the Supreme Court ruling that government could not interfere with corporate cash buying a media platform for non-Leftist views. Progressives want free speech only for Leftist labor unions, ideologues, media and politicians, but no free speech for free market companies.

And imagine Leftist fury at President Trump giving Americans a powerful incentive to incorporate – and thereafter to favor government policies that will be friendly to business corporations and free enterprise. As New York Times columnist Neil Irwin put it: “For every child who grows up dreaming of having a limited liability company [a type of corporation] of his or her own, President Trump’s tax plan promises a dazzling future.” [4]

Leftists have their own plans for our future – an all-powerful welfare state with government in total control of everything. And how will they pay for this Heaven on Earth, this bureaucratic welfare dictatorship, when robots do all the work, and most humans are unemployed government dependents?

The socialist European Union already has a plan: the robots are to be “electronic persons,” not to give them rights but to make them taxable. Craig R. Smith and I explore this in Money, Morality & The Machine. [5] Higher taxes, more regulation, and the silencing of all non-Leftist human and corporate voices are the Left’s final solution to everything.
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To schedule a fascinating interview with Lowell Ponte, contact: Sandy Frazier at 516-735-5468 or email sandy@mystic-art.com.

For a free media copy of Money, Morality & The Machine, contact: David Bradshaw at 602-918-3296 or email him at ideaman@myideafactory.net
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Sources:

[1] Neil Irwin, “Under the Trump Tax Plan, We Might All Want to Become Corporations,” New York Times, April 28, 2017. URL: https://www.nytimes.com/2017/04/28/upshot/under-the-trump-tax-plan-we-might-all-want-to-become-corporations.html; Tim Worstall, “The Flaw In Trump’s Tax Plan – Why Don’t We All Become Corporations?” Forbes, April 29, 2017. URL: https://www.forbes.com/sites/timworstall/2017/04/29/the-flaw-in-trumps-tax-plan-why-dont-we-all-become-corporations/#28ce2d553961

[2] Catherine Rampell, “Corporations Are People. So What If People Were Corporations?” Washington Post, July 24, 2014. URL: https://www.washingtonpost.com/opinions/catherine-rampell-people-should-claim-the-same-rights-as-companies/2014/07/24/460aea0c-135b-11e4-9285-4243a40ddc97_story.html?utm_term=.fbe3475cb23c

[3] Craig R. Smith and Lowell Ponte, Money, Morality & The Machine: Smith’s Law in an Unethical, Over-Governed Age. Phoenix: P2 Publishing, 2016. Pages 139-140.

[4] Neil Irwin, “Under the Trump Tax Plan, We Might All Want to Become Corporations,” New York Times, April 28, 2017. URL: https://www.nytimes.com/2017/04/28/upshot/under-the-trump-tax-plan-we-might-all-want-to-become-corporations.html

[5] Craig R. Smith and Lowell Ponte, Money, Morality & The Machine: Smith’s Law in an Unethical, Over-Governed Age. Phoenix: P2 Publishing, 2016. Pages 174-175.

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