👋 Let’s start over, re-intro:
I’m Nate & I call South Dakota home w/ my wife & dog.
I’m in to motorcycles, currently building my first chopper.
You can find me running in the woods often.
During the day, I run marketing for @lulamaintenance.
It’s good to be back!
@mattrea47 It penalizes niche content (maybe more accurate to say it rewards broad/engagement content).
Which feels like the most obvious miss, but LinkedIn is gonna LinkedIn.
They're not freezing your rent, they're freezing your housing providers' income, while their expenses keep increasing.
The point isn't to make your housing affordable, it's to make providing housing financially inviable, so government(s) can seize the unmanageable properties.
Our lack of financial literacy is going to destroy us.
https://t.co/Eix9fVp1BK
Hi, New York Lawyer here. Tons of misinformation being spread right now online. Let's dispel some:
1. Rent being frozen doesn't mean your landlord will not repair your apartment. Every apartment in NYC has a warrant of habitability and if that's broken you can sue. Cont...
Three things:
1. “It’s time for an economic reset” is the most terrifying thing I’ve ever heard an American politician say. If you don’t get what those words portend, you don’t understand 20th century history.
2. Among Democrats, Newsom is considered a moderate, not a progressive. His endorsement of a wealth tax makes it an official part of the Democratic Party platform for moderates and progressives alike; the policy is now table stakes for any Democrat seeking office at any level and in any region. We are no longer going to be able to escape this by simply claiming it’s the fringe left advocating for it.
3. Notice that Newsom calls it a “billionaires tax” but references the wealth of the top 10%. If you think a tax such as this would be limited to billionaires, you are delusional (remember that the income tax originally applied to less than 1% of earners). Billionaires have an entire industry of wealth managers, lawyers, and tax advisors helping them shelter assets. When this “billionaires tax” fails to collect even a small percentage of what Democrats promise it will, they will quickly expand it to apply to anyone with even $5M of assets (which is a top 2% net worth). Ordinary people far below the level of the ultra-wealthy—main street small business owners, mom-and-pop real estate investors, farmers, anyone with a decent-size nest egg in their IRA or 401k account—will quickly feel the pain as well.
Pay attention. This is serious, it’s not going away, and it’s going to come for all of us, billionaire or not.
This is a 2 minute video about taxing the wealthy.
There is no mention of programs it will fund. Or why the tax dollars are needed. Or what the money would be used for. Or how those less fortunate could be supported to themselves become wealthy.
The benefits are no longer the point.
The implicit message is about punishment. Punishing those doing well is now good politics.
Sign of the times —
"Every time every member of Congress goes back home they hear how urgent it is to bring down home prices. And that's what the bill does," —@SenWarren
In no timeline, will this statement actually be true on a macro level.