Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Why not, they are age 52 and have worked for 25 to 30 years 180 days a year. They are only getting $6,500 a month with 3% annual increases. They pay no state income taxes on this money.
The poor honest hard working taxpayer has to put in 40 years and work 240 days a year and gets only Social Security $1,500 per month with 1% or lower annual increases.
Sound fair to me.
Raise taxes if you have to.