aparch
Well-known member
I didn't know the DeVos family was "philanthropists."
If you're going to turn plutes into compost, target Betsy first.
There is a reason there is a building named after their family foundation on the NMU campus...
I didn't know the DeVos family was "philanthropists."
If you're going to turn plutes into compost, target Betsy first.
For those amateur economists who think Chump has China by the balls on trade, looks like (surprise) its the American consumers taking it in the shorts and not China.
https://www.reuters.com/article/us-...-pay-trump-tariffs-ny-fed-study-idUSKBN1XZ2A4
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Excuse me I was told that the tax cuts would unleash a torrent of investment. <a href="https://t.co/oDoqSBpKIY">https://t.co/oDoqSBpKIY</a></p>— Daniel W. Drezner (@dandrezner) <a href="https://twitter.com/dandrezner/status/1204095538423115776?ref_src=twsrc%5Etfw">December 9, 2019</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
https://god.dailydot.com/money-diar...source=spotim&utm_medium=spotim_recirculation
Don’t tell me we don’t tax the rich enough. And don’t tell me health care costs are out of control because of insurance and pharmaceutical companies alone.
I hope she falls and chips a tooth.
Dump's SNAP cut is going to eviscerate this base. Thoughts and prayers.
They voted for it. I wish it had happened sooner. By the time they feel the pain a nice Democrat in the White House will have fixed it.
Why fix it?
Because it's insanity and expensive to do it the way the Republicans want to do it.
Democrats seem to be pushing the SALT cap repeal in 2020. Here's my question. Who does it hurt the most?
Is a SALT cap repeal regressive? Seems like studies (and common sense) show that a repeal would disproportionately benefit the wealthy. On the other hand, it was a clear attack on the high-tax blue states. So what should the push be? Help the states but benefit the rich disproportionately?
I know this isn't an entirely binary decision here. We should push to remove the cap and raise taxes on the rich. But that's almost out of the question with the GOP in control of the Senate and White House.
Edit: I suppose, RTFM, dummy.
https://news.bloombergtax.com/daily...ossible-in-house-before-end-of-year-democrats
"The bill would be paid for by raising the top income tax rate to 39.6% from 37%..."
There's also this:
"One option would be to raise the cap to $15,000 or $20,000 for three years, Pascrell said. The measure will also fix the SALT marriage penalty, he said. Under the law, a single person is subject to the same deduction cap as a married couple, while unmarried couples filing separately can each deduct up to $10,000. "
WHich should be fixed regardless. How ****ing stupid is that? Just bad law.
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Trump’s China deal:<br><br>China agrees to buy $50b of ag products next year.<br><br>That's a gain of $29b from before Trump tariffs.<br><br>Trump tariffs have cost US farmers $11b. <br><br>U.S. taxpayers have spent $28b on emergency payouts to farmers.<br><br>So loss to US is $39b.<br><br>You do the math.</p>— Robert Reich (@RBReich) <a href="https://twitter.com/RBReich/status/1205528959267401728?ref_src=twsrc%5Etfw">December 13, 2019</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Trump’s China deal:<br><br>China agrees to buy $50b of ag products next year.<br><br>That's a gain of $29b from before Trump tariffs.<br><br>Trump tariffs have cost US farmers $11b. <br><br>U.S. taxpayers have spent $28b on emergency payouts to farmers.<br><br>So loss to US is $39b.<br><br>You do the math.</p>— Robert Reich (@RBReich) <a href="https://twitter.com/RBReich/status/1205528959267401728?ref_src=twsrc%5Etfw">December 13, 2019</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Ummmm. Did he just add 28&11 there? That math doesn’t make sense