pauldandurand.bsky.social
@pauldandurand.bsky.social
I doubt Mark Cuban read "The Deficit Myth". If he did, either he was distracted while reading or it just didn't click.
December 13, 2024 at 2:53 PM
Of course, we could still tax corporations for behavioral purposes, such as polluting firms or businesses creating frivolous products and services. Also, tax financial institutions like crazy. All others are not taxed. Provide incentives to build products and services that are good for society.
December 8, 2024 at 10:19 AM
Trading corporate taxes for personal wealth tax (income, capital gains, and overall wealth) — is to allow businesses to pay higher wages, invest, and hit the super wealthy personally. No one should have more than $30M — enough to own a few houses, fly first class, eat at Michelin star restaurants...
December 8, 2024 at 10:06 AM
Pitchforks look like this?
- Eliminates Citizens United, PACs, and caps campaign donations
- Eliminates all lobbying except for non-profits
- Eliminates corporate profit taxes, but...
- caps executive pay with massive tax
- caps shareholder earnings
- massive taxes on capital gains
December 8, 2024 at 10:03 AM
Don't blame his followers. They were fooled. Trump doesn't deserve our empathy, but his followers do.
December 8, 2024 at 9:53 AM
I see it as the opposite. Trumpism is a plan to deflect the pitchforks with disinformation, fooling the working class into believing Trump is fighting for them. How sad. In any case, I blame the Democratic Party for not taking care of the working class. Shame on them.
December 8, 2024 at 9:48 AM
With Japan's 263% of Debt-to-GDP ration, Japan's additional cost is 1.3% of GDP from a 50 basis points increase in interest rates. As a comparison for the same basis points increase, the US's additional cost is 0.6% of GDP.
December 7, 2024 at 11:16 AM