About the climate thing: a quick check shows China and India are number 1 and number 2 by a significant margin in coal consumption (We’re Number 3!), and the US has the largest coal reserves. So does BBB prevent US companies from selling coal to other countries? Or can we dictate to China and India and other countries to not burn coal? If not, it seems mostly symbolic.
Yes... well they do represent the most populace nations out there. More than two billion vs 330 millions. The insane amount that the Chinese consume is to support their steel industry, which gets exported to the rest of the world.
The US doesn't import much raw steel from China (the biggest supplier is Canada), BUT it does import finished steel products. In real terms this means that the rest of the world expects China to make most of the stuff the world needs AND be ecologically responsible at the same time. If the US wanted to step up and increase domestic steel production with an eye to export it would need to reconsider climate targets. Not saying you couldn't do it more efficiently or manage to produce less CO2, but it would be like doubling the consumption currently.
$285 billion to increase the State and Local Tax deduction to $80,000 through 2030, after which it would return to $10,000, the level set in the 2017 tax law.
That was a quick pass-by of what seems like a huge giveaway to the rich. Correct me if I’m wrong…but under current (2017) law the local deduction is capped at $10k, which would likely cover most “normal” people’s tax bills (my bill in 2016 the last time I paid local tax was $6,500, in NH which has stupidly high property tax). Pushing it to $80k seems like it would benefit the rich, because they are the ones who pay that kind of tax. And mostly benefit the rich in high-tax states like CA and NY, where all the wealthy Democratic donors live. So this provision REDUCES revenue, to help out the poor wealthy folk who donate to the folks who slipped it in. WTF?!?
Taxing the money taxed by states at the federal level is double taxation. This deduction cap was put in place by the Trump administration as a fuck-you to blue states and didn't exist before 2017. It's not some corrupt back scratching, it's correcting a wrong.
People get multiple-taxed every day. You get taxed on your paycheck, then you pay gas tax (which has both federal and state components) and sales tax and property tax with the money which has already been taxed once. Bottom line: you want services, you pay taxes. So I’ve got no problem with the fed taxing well-off people, who can actually afford it, after they’ve already been taxed at the local or state level. AS LONG AS IT’S FAIRLY APPLIED. Which often seems to be the rub…
When you've spent a lifetime laundering money for the likes of the Russian mob, mercenaries like Blackwater and Dyncorp, and weapons dealers like Adnan Kshoggi (who he also hid out from Interpol at Mierda Lago) any judge or prosecutor with family is going to be hesitant.
Absolutely! I teeter-totter between feeling doomed into a Nazi government come the next few years and thinking we have a real opportunity to pick up some senate seats. Lord help us if we lose the house though...
[sigh] Putrid bags of shit libelz.
About the climate thing: a quick check shows China and India are number 1 and number 2 by a significant margin in coal consumption (We’re Number 3!), and the US has the largest coal reserves. So does BBB prevent US companies from selling coal to other countries? Or can we dictate to China and India and other countries to not burn coal? If not, it seems mostly symbolic.
In the humanities, no one wears panitees
Yes... well they do represent the most populace nations out there. More than two billion vs 330 millions. The insane amount that the Chinese consume is to support their steel industry, which gets exported to the rest of the world.
The US doesn't import much raw steel from China (the biggest supplier is Canada), BUT it does import finished steel products. In real terms this means that the rest of the world expects China to make most of the stuff the world needs AND be ecologically responsible at the same time. If the US wanted to step up and increase domestic steel production with an eye to export it would need to reconsider climate targets. Not saying you couldn't do it more efficiently or manage to produce less CO2, but it would be like doubling the consumption currently.
$285 billion to increase the State and Local Tax deduction to $80,000 through 2030, after which it would return to $10,000, the level set in the 2017 tax law.
That was a quick pass-by of what seems like a huge giveaway to the rich. Correct me if I’m wrong…but under current (2017) law the local deduction is capped at $10k, which would likely cover most “normal” people’s tax bills (my bill in 2016 the last time I paid local tax was $6,500, in NH which has stupidly high property tax). Pushing it to $80k seems like it would benefit the rich, because they are the ones who pay that kind of tax. And mostly benefit the rich in high-tax states like CA and NY, where all the wealthy Democratic donors live. So this provision REDUCES revenue, to help out the poor wealthy folk who donate to the folks who slipped it in. WTF?!?
Taxing the money taxed by states at the federal level is double taxation. This deduction cap was put in place by the Trump administration as a fuck-you to blue states and didn't exist before 2017. It's not some corrupt back scratching, it's correcting a wrong.
It's gone from 6 trillion to a bit over 1.5 trillion. A sorta quarter-assed deal, butt half the the bun is better than none.
People get multiple-taxed every day. You get taxed on your paycheck, then you pay gas tax (which has both federal and state components) and sales tax and property tax with the money which has already been taxed once. Bottom line: you want services, you pay taxes. So I’ve got no problem with the fed taxing well-off people, who can actually afford it, after they’ve already been taxed at the local or state level. AS LONG AS IT’S FAIRLY APPLIED. Which often seems to be the rub…
Ta, Dok.
Build Back Better.Put the Postmaster General in the President's cabinet.Where seh was in 1969.
and give postal workers a raise.(forget about minimum wage)Hire people who want to work.
The Federal government my hire postal workersThe State may hire Militiamen.Good pay, Benefits.
That is Americanism. That's Constitutionalism It's founding era socialism*
*https://papers.ssrn.com/sol...
When you've spent a lifetime laundering money for the likes of the Russian mob, mercenaries like Blackwater and Dyncorp, and weapons dealers like Adnan Kshoggi (who he also hid out from Interpol at Mierda Lago) any judge or prosecutor with family is going to be hesitant.
Absolutely! I teeter-totter between feeling doomed into a Nazi government come the next few years and thinking we have a real opportunity to pick up some senate seats. Lord help us if we lose the house though...
Ain't passin!
Hopefully not just that, but yes this might happen.
Yes this please, and also too, this is why it sucked so bad that Susan Collins survived the last election.
No...But I do now!! XD Thanks, that tickles me. lol