Tuesday, October 5, 2021

Links: 'Pandora Papers'; wealthy donors interfere; the race in Virginia

 Links: 'Pandora Papers'; wealthy donors interfere; the race in Virginia

The Democrats are raising taxes on the wealthy, but they are doing it wrong - and a wealth tax would do no better. Taxing rich people as persons rather than taxing transactions is what causes the cheating. You cannot tax assets, but you can tax their increase in value or their purchase. Increase income for families at the same time and any reform would not be regressive (and certainly less regressive than a capped payroll tax).

The Catholic Church's name is none to popular in Ireland right now. Call it anything but. I hear socialism is becoming a popular term.

Donors are often Alumni, who are represented by the Board of Regents of a university. The problem with the donors is capitalism itself - the view that money buys people's obedience and that this is somehow a free market activity rather than authoritarianism.

All politics is grievance. It sells. The whole pro-life movement is grievance. The desire for economic justice is both grievance and prophetic. It is also linked to social justice. Opposition to Trumpism is grievance because he has grievously wounded this country and, for his time in office, turned our foreign policy into Putinism. Until Trumpism is equated with being soft on Putinism, our politics are doomed. BTW, Youngkin is as Trumpist as it gets, QED, he is soft on Putinism.

Any redistricting in Texas will be settled in court. Note that in Texas, judges are elected too. Paging George Soros.

No comments:

Post a Comment