www.bbc.co.uk/news/article...
www.bbc.co.uk/news/article...
Yet we tax income, not wealth. Unfair, and bad economics.
But, argues @stephenmcnair.bsky.social , there are better solutions than wealth taxes.
Yet we tax income, not wealth. Unfair, and bad economics.
But, argues @stephenmcnair.bsky.social , there are better solutions than wealth taxes.
Take universities, law firms and the media - which they are seeking to intimidate.
And take foreign states - where tariffs are being used to cut supposed "deals" (which Trump will renege on).
In essence: the three impulses of the bully.
Take universities, law firms and the media - which they are seeking to intimidate.
And take foreign states - where tariffs are being used to cut supposed "deals" (which Trump will renege on).
In essence: the three impulses of the bully.
To be cruel to those they can be cruel.
To intimidate those whom they can intimidate.
And to gain leverage in respect of those they want to manipulate.
Almost everything comes down to one or more of these impulses.
To be cruel to those they can be cruel.
To intimidate those whom they can intimidate.
And to gain leverage in respect of those they want to manipulate.
Almost everything comes down to one or more of these impulses.
If we want fairness, writes @stephenmcnair.bsky.social , start by taxing unearned income like we tax earned income.
If we want fairness, writes @stephenmcnair.bsky.social , start by taxing unearned income like we tax earned income.
www.thetimes.com/uk/politics/...
It turns out the formula Trump used for his tariffs is similar but even more ridiculous.
open.substack.com/pub/mostfavo...
It turns out the formula Trump used for his tariffs is similar but even more ridiculous.