“Ignorance prevails” was a perfect title for Juan Gonzalez’ letter in the 3/14/2018 VMS.
In several of his previous letters, he’s written about U.S. corporations having $32 trillion stashed in overseas accounts.
That turned out not to be true.
More than once, he’s also stated that in the 1970s, the corporate tax rates were 90 percent.
Sounds like something his Socialist (Communist) hero, Bernie Sanders, has said in the past.
If anyone knows of any U.S.
corporations or companies that had a 90 percent effective tax rate at any time, by all means let us know.
In today’s global economy, probably few corporations would stay in America if they were taxed at even 50 percent.
In his “Ignorance prevails” letter, Juan Gonzalez wrote, “Back to (President Trump’s) accomplishments, his supporters are overjoyed because the stock market went up a few points, disregarding the fact that our last POTUS had a booming economy and job growth for seven straight years and his term did not end until November 30 of this past year.”
Could anyone with just a tiny bit of knowledge and/or common sense tell Juan Gonzalez that Obama’s term ended on Jan. 20, 2017 and not “Nov. 30 of this past year.”
As for Obama’s “booming economy,” please note the date and source of the following articles: Jan. 12, 2012, forbes.com: “The worst economic recovery since the Great Depression”.
Aug. 1, 2012, forbes.com: “Obama wins the gold for the worst economic recovery ever”.
Dec. 31, 2015, investors.com, “Sorry, this is still the worst economic recovery ever.”
Aug. 26, 2016, washingtontimes.com: “Report:Worst economic recovery since 1930s, salaries fall $17,000.”
Sorry, it takes so much space to refute just a few of the ridiculous statements that are printed in this forum.
N. Rodriguez, Harlingen
