Yikes. The 46th State Rep. candidate who once clerked for Brett Kavanaugh has received ~80% of his contributions from out of state donors who mostly work in Defense and AI 👀 www.pdc.wa.gov/political-di...
Tech 4 Housing
Absolutely, so many urbanists are deeply motivated environmentalists. And folks proclaiming themselves as environmentalists while doing everything to preserve single-family neighborhoods are losing credibility and harming the movement, imo.
Today's episode of The Ezra Klein Show.
The tax expert Ray Madoff explains why the American tax system is broken, and how to make it fairer.
open.spotify.com/episode/3Jjy...
youtu.be/mX5U5DNUfBc?...
We talk a lot about government is broken, but our Financial System is also broken due to how the tax rules favors stock buybacks instead of dividends. Ezra's guest Ray Madoff explains how we could make our tax system fairer AND get corporations to pay higher taxes by just tweaking the tax codes.
events, and human intentions toward His predetermined ends. This sovereignty is not passive, but a continuous, active rule over all aspects of life.
Ezra Klein
I'd hazard a guess that folks like Jeremy Grantham & Ray Dalio would concur that these tax rules warp efficient capital allocation by favoring growth stocks to the point where valuations aren't justified. Eventually growth stocks become value stocks & the tax code is delaying that from happening.
To really get Pete Hegseth, Betsy De Vos or Erik Prince, one needs to acknowledge how conservative Calvinistic ideals are what is dictating their politics. John Calvin taught that God’s reign on earth is absolute, defined by His omnipotent providence, which directs all creation, ...
Madoff explains that when you tax dividends as income that this essentially is a tax on corporate profits. Today only 30% of profits is returned to shareholders as dividends. 70% is used for stock buybacks which only grow equity valuation and whose capital gains are very difficult to tax.
Karma is a bitch moment for Donald Trump. Trump Presidential Library site in Miami next to Biscayne Drive is inundated at 8-ft sea level rise, which might occur as early as 2100. Why sue? It is poetic justice.
