He/Him Moderate Dem, Data Analyst, Mapmaker.
Washingtonian by way of Florida
#DCStatehood
Sen. Nelson plz come back, we miss you.
Anarcho-Absolute Monarchist
HR 51's passage was historic, but it is not the closest DC has ever been to full representation. In 1978, both chambers of congress passed an amendment which would give DC full representation, but it was never ratified. Tomorrow we will take a look at the senate vote #DCStatehood
@Josh_Brooks_16@ladyofthefire@offbeatorbit Options are a shortcut and you're just too lazy to grind, save and accumulate your own investment capital, so you rely on leverage.
I'm sure you don't see it that way though, hypocrites never have consistent worldviews.
@Sean_Fernyhough@JGrantGlover Also, since safety ratings generally only care about how protected the driver is in a crash,(rather than peds, other drivers, maneuverability) tend to favor large, tank like behemoths. There are a whole host of regulatory perverse incentives that have led us to where we are.
@Sean_Fernyhough@JGrantGlover CAFE standards meant that SUVs and light trucks had lower efficiency regs than sedans and small cars. This+their higher prices makes them more profitable for automakers. Plus there's the whole (write off vehicles over 6k lb) IRS loophole that lots of people abuse.
@pbgomez_ Which, to be clear, is still a fuckload for 11 individuals to have. But comparing this to GDP is dishonest. Its like someone comparing their 401k balance to your monthly paycheck.
@pbgomez_ I agree generally, but this is an apples and oranges comparison. You're comparing wealth (a total accumulated over years) to GDP (total created in 1 year). For reference the wealth of the US is 160 Trillion, so this represents about 1% of US wealth
@themanbearpigV2@JakeSherman The filibuster means a law needs 60 votes in the senate. 99% of bills can't meet a 60 vote threshold. So these single issue bills get stapled on to "must-pass" funding bills or reconciliation bills as a way to get around that issue. Kill the filibuster we can have indiv. bills
@sjw_sjw_and@JoeBobson123452@Dddg53973400@StatisticUrban If you want small, single issue bills, get rid of the fillibuster. The reason we have to do this shit is because everything needs 60 votes in the senate to pass. So anytime there is a "must-pass" bill, everyone gets a little treat so that it can get 60 votes.
@sjw_sjw_and@StatisticUrban Right now federal law says that the land can only be used for stadiums. The transfer would allow the city government to build whatever thay want, new housing, parks, libraries, or a new stadium, but the bill for any construction would be paid by the city government, not the feds.
@sjw_sjw_and@StatisticUrban It was not "building a new stadium", it was transferring the land of RFK stadium (which hasn't been used in 17 years and is literally falling to ruin) from the Feds to DC city government, so that the city government could do something with it.
@Will_Tanner_1 God this is stupid. The reason people dressed like this is because clothes were so expensive that most people only had one or two pairs of clothes. So those handful of outfits had to be nice. In 1901 people spent 15% of their income on clothes, even more before the indus. Revol.
@dorajfacundo Its also not even always true. On the CFPB's Open Banking rule, they're actually on the side of FinTechs against banks who are trying to create a closed financial data system. Saying "The CFPB just hates FinTech" is incredibly stupid"
@ThaMob@texsurfin@KyleKulinski Yes there are exemptions, but the new tax law didn't expand those exemptions, it just raised the sales tax rate. Techically they removed exemptions by expanding the sales tax to include more digital products. There is no way to slice this that isnt a tax increase.
@ThaMob@texsurfin@KyleKulinski Lowering a progressive form of taxation (income taxes) and offestting it with a regressive form of taxation (sales taxes) is literally shifting the tax load from the wealthy onto poor people. All you've changed is the tax type.
@texsurfin@KyleKulinski Who is more affected by a consumption tax:
A. A poor person who has to spend every single dollar they make to make ends meet
B. A rich person who spends 50% of their income on fast cars and trips to Cabo, while stashing the rest away in accounts like a dragon.
Show your work.
@SteveRo83760489@quantian1 These contributions are still "money paid to an individual" and under your wording would be taxed. Literally everything in your posts has stuff like this. And every carveout niche that you answer with is another reason the tax code exists.
@SteveRo83760489@quantian1 In addition to the other commenters questions about food, what about pre-tax contributions? Our entire retirement and investment system is built on 401ks, HSAs, and similar investment vehicles which deduct from your income. The tax code has hundreds of pages on all these cases.
@realdrewshirley @mattyglesias No, they dont. Uncap the income limit for the payroll tax gets us a lot of the way there. Additionally, congress could allow the SS trust to invest some funds in securities to get a better return.
@wordsandsense@MDP03212219@mattyglesias That being said, I believe the most common GS is around 10 or 11, which is about 70k or 80k with DC locality. Thats certainly higher than the median income, but a GS 11 job requires a Bachelors and usually a Masters. The average salary for someone with a Bachelors only is 80k.