Business, Economics, and Tax Policy 8: Bezos Takes Over the World

[aparch]

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...

[Rover]

Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

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-u...-idUSKBN1XZ2A4

[ScoobyDoo]

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-u...-idUSKBN1XZ2A4

So shocking that that is the case. I really thought Trump had it all under control.

[Deutsche Gopher Fan]

Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Nooo. We were told by drew that trump would be the strong man in China!

[Deutsche Gopher Fan]

Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Excuse me I was told that the tax cuts would unleash a torrent of investment. https://t.co/oDoqSBpKIY

— Daniel W. Drezner (@dandrezner) December 9, 2019

[mookie1995]

Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Excuse me I was told that the tax cuts would unleash a torrent of investment. https://t.co/oDoqSBpKIY

— Daniel W. Drezner (@dandrezner) December 9, 2019

2017 is not 2020. this drezner is a stupid

[dxmnkd316]

Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

https://god.dailydot.com/money-diary..._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.

[mookie1995]

https://god.dailydot.com/money-diary..._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.

the writer, right? not the dr.

[Kepler]

Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Dump's SNAP cut is going to eviscerate his base. Thoughts and prayers.

[ScoobyDoo]

Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

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.

[Kepler]

Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

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?

[ScoobyDoo]

Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Why fix it?

Because it's insanity and expensive to do it the way the Republicans want to do it.

[mookie1995]

Because it's insanity and expensive to do it the way the Republicans want to do it.

It’ll be fine... the all have guns. They can get what they need whenever they want it now.

[dxmnkd316]

Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

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.bloombergta*****/daily-...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.

[ScoobyDoo]

Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

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.bloombergta*****/daily-...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.

The entire tax code is bad law. It needs to be torn all the way down and brought back up again. Snowballs have better chances surviving in hell.