Category Archives: Uncategorized

Trump tax cuts, here we go

“Some Republican figures voiced concerns about his plans would expand the deficit and add to an expanding federal black hole.” https://www.telegraph.co.uk/us/politics/2024/11/07/donald-trump-kamala-harris-us-election-live-updates/#:~:text=Some%20Republican%20figures%20voiced%20concerns%20about%20his%20plans%20would%20expand%20the%20deficit%20and%20add%20to%20an%20expanding%20federal%20black%20hole.

What was I saying about Zimbabwe?

https://herereadthis.blog/2024/11/06/more-shouting-into-the-void/

Including link: https://taxfoundation.org/

I know we all eventually pay for tariffs, but I wanted to see how it starts. Foreign companies don’t see a whiff of it. It starts with domestic companies paying the tariffs.

“When the US imposes tariffs on imports, US businesses directly pay import taxes to the US government on their purchases from abroad.”

https://taxfoundation.org/blog/who-really-pays-tariffs/#:~:text=When%20the%20US%20imposes%20tariffs%20on%20imports%2C%20US%20businesses%20directly%20pay%20import%20taxes%20to%20the%20US%20government%20on%20their%20purchases%20from%20abroad.

Trump Voters Got What They Wanted – The Atlantic

https://www.theatlantic.com/newsletters/archive/2024/11/trump-voters-got-what-they-wanted/680564/

«Trump, unfortunately, means most of what he says. In this election, he has triggered the unfocused ire and unfounded grievances of millions of voters. Soon we will learn whether he can still trigger their decency—if there is any to be found.»

If there is any to be found.

Future elections will need to be about not policy or the right candidate or the right messaging (all within limits) but countering the unthinking rage of a lot of Americans. (Including a bunch on the left, too.)

Not necessarily reducing the rage but persuading enough decent Americans or persuading the decent sides of enough Americans to vote against it.

Inb4: yes, I know this is Monday morning quarterbacking. And I know I haven’t always taken this position.

Trump Won. Now What? – The Atlantic

«Many of those shattered by this result will be tempted to withdraw into passivity—or recoil into performative radicalism. Reject both. We should focus, instead, on how to win back to the cause of liberal democracy a sufficient number of those Americans who voted for a candidate who denigrated this nation’s institutions and ideals.»

He neglected to mention that they picked Trump over a better-qualified candidate who ran a better campaign simply because she was a Black woman, but ok. Grieve first.

https://www.theatlantic.com/politics/archive/2024/11/trump-wins-second-term-presidency/680546/?gift=ly-h2TZGdDJyaoFv6n-KaY6uA5MUf5y6cp2S0WG_aDo&utm_source=copy-link&utm_medium=social&utm_campaign=share

More shouting into the void

People were complaining about inflation and taxes.

  1. Have fun with Trump’s 20% tariffs, which will jack up all your costs and appear as… inflation.
  2. Your tax increases are courtesy of your pals Paul Ryan and Donald Trump, who passed permanent tax cuts for the ultra-rich and temporary tax cuts for the middle class, timed to sunset during the Biden administration, making your taxes go up. Neat trick, eh? Ready for more? Ready for Zimbabwe-style government finances?

[Update: why didn’t you say something about this earlier, John? I figured it was more or less obvious, but, yeah, given the stupidity just demonstrated, I should have.]