The Civilization Crisis: Post-Factual Criticism of Politics by Rudolf Hickel
In Trumponomics, falling tax rates for businesses should increase tax revenues. When businesses do not invest, the tax gifts lead to lower state spending and higher state debts at the end.
Trump wants to lead us into a world where subjective perception is everything and what he says is always reality-the post-truth world. He can create “facts”-the US has the highest corporate tax rate in the world-while most big corporations pay no tax. Between $21-32 trillion is stashed in tax havens from the Cayman Islands and Switzerland to Delaware.
If the movement of post-factual thinking wins, the world faces an ideologically determined future.