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listen to Mr Medlock. what you do is tax the piss out of basically every transaction and make up for any unfairness with a super generous welfare state
1mo
ryan cooper
Embrace Galbraith thought @jdcmedlock.bsky.social
Pinnacles National Park is some of our finest publicly owned land. Saw 7 condors and 3 rattlesnakes.
Read @dogsinautumn.bsky.social today on why taxes are good and Democrats cannot cave to the temptation to campaign on lowering them
29d
1mo
1mo
Bezos says that the US has one of the most progressive tax codes. This is true by some measures. But our tax and transfer system reduces inequality far less than countries with broader tax systems. Tax cuts can't help people who don't have an income, but a generous tax financed welfare state can.
Bezos says that the US has one of the most progressive tax codes. This is true by some measures. But our tax and transfer system reduces inequality far less than countries with broader tax systems. Tax cuts can't help people who don't have an income, but a generous tax financed welfare state can.
1mo
1mo
I think Democrats like Cory Booker should take a hard look in the mirror and consider why Jeff Bezos loves their tax cut proposals so much. Billionaires would love to see a weak state with a gutted fiscal capacity.
LLMs sometimes create slop so sloppy that it'd be inhumane to force any human to untangle it piece by piece
The LA election discourse is a good reminder that Democrats are overly process focused and build well intentioned systems that move far too slowly, whereas Republicans are really stupid.
1mo