Business cat
Quak, Quak, quuaakk
Business cat
That’s just the dishonest pundets though… and the people ratcheting the Dems right. Kamala ran on a Y2K republican program and got annihilated because Y2K republicans are now maga and there are no moderate republicans.
Clinton repealing glass steagall
Or one of our 12675 carefully selected partners
Bending the knee
Except in this case the tax is levied across the entire value chain. But yes, this would favor high margin business over low margin ones. But isn’t the current system doing that too? Investors throw money at high margin companies while not so much at low margin ones.
That would be true if companies did not create elaborate constructions and park money in tax havens.
I’d almost say that companies should be taxed (a different rate) not on profits but on revenue. If they make the revenue in your country, it should be taxed in your country.
Except your argument on small ownership is quick decision making has a counter arguement… shareholders… they appoint a small group for daily operations and decisionmaking. But the real power is with the shareholder meeting and a large group of possibly anonymous owners.
Exclude a mortgage for your primary residence, capped at the median house price or something… And only exclude it IF it is paid back in full over a max period.
This is the case in the Netherlands… paid back in full after max 30 years… No cap in how much. This was because the interest on the mortgage are tax deductible. So some bankers figured… we keep the loan maxed, and put your paybacks in a special fund… and at the end of the 30 years the fund pays back the mortgage. That way we get max interests and you get max tax break. In the end the banks made a lot of public funds private this way.
Assets are taxed all the time (real estate tax, car tax… ). So taxing the value of a share portfolio at the 31st of December each year is perfectly doable. And if it has depreciated since last year, you get a tax deduction… which is capped by the income tax to maximally reach 0… No carrying over till next year… or maybe 1 year… whatever, that’s implementation details.
How much do you tax these assets is the point that needs consideration… it’s not fully income… But a percentage is only fair. And if this means people need to realize gains to pay for it… that’s fine… Why would it not be?
And borrowing against an asset portfolio should mean that it counts as realizing gains of the asset portfolio and the amount is seen as income and thus taxed. (You loan 10 million against your shares, that’s income) And to avoid fallout for the normal people you can build in a threshold and exclusions for example for the first million in your lifetime… or for the mortgage on your primary residence with a cap at the median house price or … something. So for these people borrowing against assets means they can keep the assets… but pay interest on the loan. Alternatively they can actually realize the gains and pay cash.
It’s not hard at all, it’s a matter of political will, and writing proper laws that state your objective and exceptions.
It should be E and the DOJ should have made sure that this was handled in a court of law in the first 100 days. Or maybe even a specialised tribunal for insurrection.
How did they handle the insurrectionists post civil war?
It also helps if you have a very specific and narrow cause … muh guns rights … and anti or pro specific legislation. This creates broad consensus… that follows the NRA draft talking points they usually bring out.
Can’t wait for him to try and bully some of the big suppliers. What … you want how much money for a prototype… That will work wonders for the quality.
Maybe defense corporations will start selling devices with paywalled options or subscription.
Half of them right wing bots getting ready to do the same thing again.
Change in this case is not, “were doing everything completely different”, but more of where the focus of the policy is. And the focus on “the economy” does shit for normal people. I’m sure wrecking the economy will hurt them… but the simple fact is biden-harris failed to adress the issues facing a looooooot of americans.
And your chocolate pudding example perfectly aligns with the failure to imprison Trump. The Americans don’t care about ANY of his crimes because the justice system and the president did not Care.
If it was soooooooo important, he would have been thrown in jail, publicly prosecuted and executed for treason… and he was not. Instead everyone danced around it, and SHOWED the American people there are zero consequences while saying “he is so dangerous, he is so bad, he is a criminal”. Well like you say, talk is cheap. Put up or shut up… and the American people said the same. All the anti Trump rhetoric was dismissed because if any of it where true he would have been in jail.
The fact Biden is the most pro worker and pro u ion does not mean shit if the whole world saw you use executive power to publicly stop the strike. The fact that he later in backrooms got them ak OK deal… was done in the limelight… so that’s an own goal. He should have targeted the Corporation at the same time… but he did not.
So I get what you are saying. And I argue, the Dems fucked themselves… a lot… repeatedly…
No, the Democratic party ran a candidate that wanted to keep the status quo in a period the whole country needed change.
And during the last 4 years the sitting president was actually sleepy Joe. He should have arrested trump and his co conspirators and throw away the key after a very public trial.
But instead, they did nothing to stem the tide of fascism. If you want to blame people, blame the technocrats Trump was projecting on during his campaign. As if he is a small portion of who he says he is, he will show everyone what the Dems should have done.
You misspelled 44 billion dollar.
Yeah, Neil saying that Elon is not a god genius pushing the boundaries of space, but instead finally getting commercial viability for stuff NASA did decades ago means he’s a target.
In all fairness, the US had defunct laws from the 1700 on the books no one bothered to repeal… guess which laws will now be used by the Trump administration.
The fact these laws where still on the books just proves their point… they will just now eliminate laws they don’t like… like child labor laws.