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No Functioning Democracy RetweetedThanks. Twitter will use this info to make your timeline better. UndoUndo
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No Functioning Democracy Retweeted
Alexandria Ocasio-Cortez’s 70 percent top tax rate is a moderate, evidence-based policy.
@EricLevitz writeshttps://nym.ag/2CPBKLOThanks. Twitter will use this info to make your timeline better. UndoUndo -
No Functioning Democracy Retweeted
A quick thread on the economics of a much higher top rate for the super-rich. TL;DR version is that
@AOC is on very solid ground here. There is a lot of evidence that from an economic and fiscal perspective, we'd be way better off with top rates approaching 70.https://twitter.com/politico/status/1081207384960368640 …Show this threadThanks. Twitter will use this info to make your timeline better. UndoUndo -
No Functioning Democracy Retweeted
Alternative Headline:
@aoc floats same top tax rate US had for literally decades during a time of unprecedented, historic growthhttps://politi.co/2F7H93aThanks. Twitter will use this info to make your timeline better. UndoUndo -
No Functioning Democracy Retweeted
i regret to inform you, that by resorting to Swear language, you have forfeit this debate. Farewell my bitch
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No Functioning Democracy Retweeted
Ocasio-Cortez wants a 70-80% income tax on the rich. I agree! Start with the Koch Bros. -- and also make it WEALTH tax.
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No Functioning Democracy Retweeted
Piketty, Saez and Stantcheva calculate that the optimal top tax rate is around 83%. There's your laffer curve. https://www.nber.org/papers/w17616.pdf …pic.twitter.com/hdt7g9SsRO
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No Functioning Democracy Retweeted
As of FY 2019 the War on Terror has cost $2T. And there was no PAYGO. Instead, there were 2 GWB tax cuts, Medicare D, a mini stimulus, Obama stimulus, and Trump tax cut. Anyone who says GND needs a PAYGO has to tell us why none of the above needed PAYGO.
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No Functioning Democracy Retweeted
The ~$22T “national debt”—a.k.a. the
spent by government and not taxed back, which is currently being saved in the form of US Treasuries—is not a debt crisis. It’s just another way to hold
. #breatheThanks. Twitter will use this info to make your timeline better. UndoUndo -
No Functioning Democracy Retweeted
Yesterday we started a convo w/ the rules pkg about ending
#PAYGO, a political policy lacking economic merit that sabotages progress where Americans value it most: healthcare, education, housing, & more. Today I’m proud to cosponsor legislation w/@RepJayapal to end it.https://twitter.com/gideonresnick/status/1081302743753650176 …
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No Functioning Democracy Retweeted
This is the most fiscally-astute member of Congress at the moment.https://twitter.com/rokhanna/status/1081340140675612672 …
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No Functioning Democracy Retweeted
All of these things have a bearing on the extent to which one might support, say, getting rid of the filibuster to pass something without the GOP. A conciliatory politician would be less willing to break norms and attempt that. Obviously, this has policy implications.
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No Functioning Democracy Retweeted
Thanks everybody. We’re gonna put the Overton Window on skates.
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No Functioning Democracy Retweeted
And just like that: everybody's now talking about whether to tax the wealthy at 70%. That's called shaping the conversation.
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No Functioning Democracy Retweeted
No one was actually outraged by "motherfucker," but some people had to pretend to be outraged by it, and then other people had to pretend to be outraged by the pretend outrage. Entire news cycles now are just exercises in weird, meta unreality.
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No Functioning Democracy Retweeted
This douchebag
@RealJamesWoods has almost 2 million followers? No wonder we are in the shitter. What a dumbass population.Thanks. Twitter will use this info to make your timeline better. UndoUndo -
Does anyone know what triggers OMB scoring of a piece of legislation that has not yet passed?
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No Functioning Democracy Retweeted
This Bernie clip is amazing “we don’t use bad words in the senate... we starve little children, we bomb buses of children, and give tax breaks to billionaires, but we don’t use bad words”pic.twitter.com/n1CfCi7xpg
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No Functioning Democracy Retweeted
I expect 5-4 rulings deciding that partisan gerrymandering can't be ruled unconstitutional at the federal level, thanks to Mitch McConnell stealing a Supreme Court seat & Trump putting an attempted rapist on the courthttps://twitter.com/srl/status/1081279785865789440 …
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