Joe Thorndike
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joethorndike.bsky.social
Joe Thorndike
@joethorndike.bsky.social
Tax | History | Politics
Not in any particular order, although tax pays the bills (for me and everyone else).
Exactly. That whole article is full of dubious characterizations and half-facts. Really terrible.
September 14, 2025 at 12:48 PM
They were hard to quit in the late 19th/early 20th century too. And yet they managed. (They were that unpopular and ultimately inadequate too)
August 3, 2025 at 12:51 PM
And … we’ve incrementally quit revenue-producing corporate income taxes over a few decades, embracing the idea that cuts will encourage growth (not saying it’s true, just saying). Presumably we could justify cuts to revenue-producing tariffs with similar growth arguments.
August 3, 2025 at 12:10 PM
Plus, “analysts expect the tariffs to weigh on the performance of the economy overall, which in turn could reduce the amount of traditional income tax revenue the government collects every year.”

So maybe easier to quit. Maybe tariff cuts will even pay for themselves!
August 3, 2025 at 12:07 PM
My only question is why these points don’t get made in most other news coverage. (This goes for pretty much all the credulous coverage of Trump’s announced deals.)
July 29, 2025 at 11:58 AM