The Current Events, News, and Politics Thread
04-09-2020, 10:06 AM
Boost Czar
Thread Starter
iTrader: (62)
Join Date: May 2005
Location: Chantilly, VA
Posts: 79,499
Total Cats: 4,080
WP doing WP things:
https://www.washingtonpost.com/opini...-8999th-judge/
https://www.washingtonpost.com/opini...-8999th-judge/
Sitting on a throne of skulls, Mitch McConnell confirms his 8,999th judge
Reply
0
0
04-09-2020, 10:36 AM
That's the point. Everyone hates income tax, and a lot of people support the idea of increased corporate taxation. But they're ignoring the fact that corporate taxation is worse for them than income taxes. Any time a business incurs an increase in operating cost, that results in lower wages (or fewer raises) for employees, and increased cost to consumers, at a rate which is ultimately disproportionate to the effect which would have occurred if the consumers / employees had simply paid that tax directly.
Income tax, unlike other non-federal taxes has no impact on operating costs. It does have an impact on profits which is ultimately passed through to shareholders and other owners of the capital. While it might (??) have an impact on wages there's other forces that more directly impact those. It's pretty well agreed by most of the mainstream tax experts, including the CBO & Treasury, that a corporate tax is paid for by the owners of the stock and other capital.
To simplify... Corporate tax is applied to the amount of Profit which is derived from Revenue - COGS
Reply
0
0
04-09-2020, 11:57 AM
Boost Czar
Thread Starter
iTrader: (62)
Join Date: May 2005
Location: Chantilly, VA
Posts: 79,499
Total Cats: 4,080
Not shocked about vice though.
https://www.vice.com/amp/en_us/artic...EudSDUGHhN1MyQ
Doomsday Prepper Store Has a Hot New Product: Flour
...KommandoStore, an online military-goods business operating out of St. Paul, Minnesota, is offering all the doomsday goods one would expect. It offers gas masks, protective rubber gloves, premade meals, respirators, and Rhodesian military patches—popular tokens among white supremacists who glorify the former African state, which had a white minority government that brutally ruled over what is now Zimbabwe. It's also hawking a 50-pound bag of flour for less than $25, for the prepper who hasn't bothered to prep.
also not shocked:
https://www.cbc.ca/news/politics/sup...sion-1.4926102
'Dark day for press freedom': Vice must give ISIS notes to police, top court rules
Vice Media reporter Ben Makuch challenged an Ontario ruling that ordered him to hand over his background materials for stories on an accused terrorist to the RCMP. The Supreme Court said Friday it's important for media to gather news without government interference, but society's interest in investigating and prosecuting crimes can outweigh that right. (Colin Perkel/Canadian Press)
Reply
0
0
04-09-2020, 09:08 PM
Boost Pope
iTrader: (8)
Join Date: Sep 2005
Location: Chicago. (The less-murder part.)
Posts: 33,036
Total Cats: 6,604
So, yeah. It would appear that getting rid of Orange Man is sufficiently important that they are, in fact, literally willing to vote for a borderline sex-offender suffering from dementia.
Reply
0
0
04-09-2020, 10:38 PM
Boost Pope
iTrader: (8)
Join Date: Sep 2005
Location: Chicago. (The less-murder part.)
Posts: 33,036
Total Cats: 6,604
If I didn't rely upon her as a business contact (she's a VP at a company which gives us really good pricing on expensive stuff), I'd be tempted to reply: "As a person with a hearing impairment*, I find your cavalier use of the phrase "tone-deaf" to describe someone of diminished metal capacity to be astonishingly offensive."
* = Yeah, like most people in their 40s who were rock DJs in their 20s, my hearing is shot to hell. Maybe using Crown D75 amps to drive Koss Pro-4AA headphones in the studio wasn't such a good idea after all. There are many nights when I have wished that I was totally deaf, just so that the ringing would stop and I could go to sleep.
* = Yeah, like most people in their 40s who were rock DJs in their 20s, my hearing is shot to hell. Maybe using Crown D75 amps to drive Koss Pro-4AA headphones in the studio wasn't such a good idea after all. There are many nights when I have wished that I was totally deaf, just so that the ringing would stop and I could go to sleep.
Reply
0
0
04-10-2020, 03:32 PM
Boost Czar
Thread Starter
iTrader: (62)
Join Date: May 2005
Location: Chantilly, VA
Posts: 79,499
Total Cats: 4,080
presented without commentary:
https://www.fox5dc.com/news/d-c-offi...g-viral-photos
https://www.fox5dc.com/news/d-c-offi...g-viral-photos
D.C. officials close Fish Market at The Wharf following viral photos
Reply
0
0
04-10-2020, 03:50 PM
Boost Pope
iTrader: (8)
Join Date: Sep 2005
Location: Chicago. (The less-murder part.)
Posts: 33,036
Total Cats: 6,604
I don't mean to sound like a grumpy old man jabbering about "kids today..." I know that we were all stupid at that age. But it's the magnitude of the stupidity that gets me. This sense of entitlement is being normalized. They're being told that it's GOOD to expect not to be accountable for your decisions.
Reply
0
0
04-10-2020, 04:00 PM
Moderator
iTrader: (12)
Join Date: Nov 2008
Location: Tampa, Florida
Posts: 20,660
Total Cats: 3,011
Democrat math: 13% = 21%
Blacks only make up 12.7% of the United States population. Even Wikipedia is smart enough to figure this out.
The medical professionals I had heard interviewed say that the higher incidence of death among blacks is because they do not take care of their underlying health issues responsibly as well as other races. Apparently they also don't social distance responsibly. It's going to be a hard ride for them.
Blacks only make up 12.7% of the United States population. Even Wikipedia is smart enough to figure this out.
The medical professionals I had heard interviewed say that the higher incidence of death among blacks is because they do not take care of their underlying health issues responsibly as well as other races. Apparently they also don't social distance responsibly. It's going to be a hard ride for them.
Reply
0
0
04-10-2020, 04:53 PM
Boost Pope
iTrader: (8)
Join Date: Sep 2005
Location: Chicago. (The less-murder part.)
Posts: 33,036
Total Cats: 6,604
But yes, there's no question that blacks in the US have historically tended to have higher rates of most diseases and health problems than non-blacks. Hypertension, stroke, HIV, Alzheimer's, diabetes, hepatitis, etc. And since the morbidity of Covid-19 (or any respiratory illness, for that matter) increases when underlying co-morbidites are present, this should come as no surprise.
Reply
0
0
