Top Tax Rates Outside The Bubble

Progressives agree and no one else matters - sky-high tax rates on "the rich" are what's best for all of us! But not so fast.

THE ETERNAL CAVEAT: Who are "the rich"? Paul Krugman is always going n about billionaires and private jets until tax reform is on the table and then he wants to raise taxes on everyone earning more than $250,000 (which is roughly where Bill Clinton's "millionaire's tax" kicked in).

However, in the current Ocasio-Cortez version of the progressive fantasy, we will see dream rates on those earning above $10 million per annum. This WaPo howler barely notes the problem that much of that high-end income is capital gains, not tedious W-2 wages and salary. Sure, let's raise the capital gains rate to 70% and see whether people volunteer to sell assets and incur the taxes. Bet they don't!

Comments

[Michael (fpa P4F) Stop the WitchHunt-Stop the Coup]

You can't be making "progress" unless you are raising taxes, don'tcha know?

Foist?

[Narciso79]

What I was referring to on the other thread:

https://mobile.twitter.com/JordanSchachtel/status/1083112014166327296?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

[daddy]

the only thing certain is life is death and hypocritical Krugman columns on taxes.

I wish Octavio Cortes was better looking. If I'm gonna' have to see her on TV 8,000 times a day it'd be nice if she was significantly cute.

[Narciso79]

Exactly take tulsi gibbard (yes she's a doc brown supporter with an animus against the kingdom. I mean not all can be like ayelet shaked who could be eva greens twin.

[Porchlight]

I think she's cute enough. I can think of a lot of Congress losers that I'd rather look at less.

[Captain Hate]

Willowed

Liberal teachers and parents are probably more likely to report perceived bullying of non-Trump supporters now that we are living under a Nazi regime.

Lib teachers are more likely to punish outspokenly conservative children with every tool at their disposal.

[jimmyk]

She's sort of cute, as liberal women go. It's just hard to get past the stupidity. As someone I think on Althouse said: She's the first member of Congress from the smartphone generation. But having a smartphone doesn't make you ... smart.

[Captain Hate]

Yes, being reasonably attractive isn't AOC's weak spot.

[Buckeye]

daddy,

first hit the mute button, then it will be easy to avert your attention:)

[daddy]

Bezo's new squeeze is cute and all but I don't think she's worth $70 Billion.

[Jane]

A bob, I was trying to help. She's a drunk, and was ready to kill the guy helping her, and when sober a good person. Her husband died last year, and I loved him. He was a great neighbor and a great guy. So I went over and got to know her. She had terrible stories of what her son was doing with no court approval and that bothered me. Turns out he did have court approval that she didn't know about. 9or can't remember)

In the last 5 days she has gotten drinker every day and remembers nothing. She has called the police 3 times today (remembers nothing) and the third time they took her away in handcuffs. And there is nothing I can do but regret getting involved, which makes me very sad,

[Tom R]

Barr good friends with Mueller...

Ain't no way Trump is just bumbling his way through this minefield, picking a guy he can't trust for AG. If he did, he'd deserve his fate.

Extraneous,

Is this revelation that Barr and Mueller are good friends moving your needle away from the “Mueller is on a witch hunt” direction and towards the “Mueller is working with Trump” direction?

[lurkersusie]

New Democratic talking point

Kamala Harris
@KamalaHarris
Holding the American people hostage over a vanity project is certainly not what a leader or President of the United States is supposed to do.

[Jane]

Not me Tom, I think Trump better wake up.

[daddy]

Twenty to twenty-five Billion tops, but no way is she worth 5 times more than Trump's border Wall.

Definitely cuter than AOC, but why buy the cow herd...

[Narciso79]

Sorry to hear that Jane,

[matt - deplore me if you must]

I need some help fellow JOM'ers. I think I have an idea for a new TV show that would be a guaranteed hit.

I'm calling it "I've Got a Grievance". Every episode the celebrity panel would have a number of questions to try and guess what the mystery guest's grievance is.

I think this is a natural fit for the college and potsmoker sets. Put it on late in the afternoon up against Jerry or Maury or whoever.

"cops took my stash", "orange man bad", "transgender misidentification",

We could pitch it to the execs as a way to atone for their collective guilt.

We could get special guest stars like Alyssa Milano and Oprah and Danny Glover and other Hollywood types who can lecture the audience on how unfair everything is.

Prizes could include a week in Caracas or living with a Cuban family for a month, or a trip to Western China to see the Uigher re-education camps or even an evening at the Trump Tower Moscow in the presidential suite.

The studio audience could dress up in various wacky protest outfits like lobsters or crabs or or illegal aliens or antifas. Monty Hall could lead the bad slogan chanting between commercials. Instead of a green room they could have a safe space.

I'm tellin' ya, it could be a hit!

[Narciso79]

The example daddy mentioned in the other thread;

https://donsurber.blogspot.com/2019/01/trumpenfreude-hits-sarah-silverman.html?spref=fb&fbclid=IwAR2tb_5riLXL_X9HH4pHK1gjw0rd1udqccwvUD_qZb39KXt4UCDAqi_7aZI&m=1

She had roles in jag and monk, then it's like a some alien creature takes over them

[Captain Hate]

Securing the border is a vanity project? Is that Kaballah or Willie's DNA talking?

[Ignatz Ratzkiwatzki]

Bezos has always reminded me of one of these;

So when I saw a picture of him last year looking like a buff, studly sippy bird, I figured something was up.
Shor 'nuff...

[Narciso79]

It's the new gravitas talking point.

Did kapucinski do any confirming research re herodotus clains

[daddy]

Matt,

Top prize might be a ride in The "WokeMobile,"

[henry]

Daddy, when you said “wokemobile” I was looking for a solar powered manure spreader with frikken laser beams... the real thing was disappointing.

[daddy]

Narciso,

Sarah Silverman was great in her supporting role as the bitch of a girlfriend of Jack Black's character in "School Of Rock." (Excellent flick BTW)

She was bitchy and unfunny and mean as a snake and she plays it likes it was the role she was born to play. Other than that I have never seen her in anything because she is bitchy and unfunny and mean as a snake, plus she's even less cute than AOC.

who gets to keep the Washington Post, him or her?

[Ignatz Ratzkiwatzki]

SS seems a good bit cuter than AOC, though neither one strikes my fancy [and I'm sure the feeling would be mutual].
SS was pretty funny as Monk's lunatic groupie in a couple of episodes.

[Captain Hate]

He pretty much knew the problems associated with transcribing oral history. What he does effectively is weave what H wrote into his experiences in differing countries. He had a brief vignette, only two or three paragraphs, while in Cairo during Nasser being in charge, of how third world tyrants make use of street people to be their eyes and ears. It's so condensed that I might transcribe it in the Sunday Book thread if my iPad doesn't reboot on me.

[Narciso79]

She played a very junior officer in the latter seasons of jag and a fan of monk. And she seemed appealing in both except a little cloying on the latter, which was acting on her part.

[daddy]

Henry,

Here's the pic and comment that accompanied the story when it was linked at Insty:

Spotted outside the exhibition hall yesterday and today was the Wokemobile: Check Your Blind Spots mobile tour sheds light on unconscious biases.

[anonamom]

Any word from Rich who was dreading Monday?

If that was a week or two ago, he said it turned out to be no big deal.

[clarice]

Thanks. Whew! anonamom

[Another Bob]

Sorry to hear that Jane.

Difficult to do the nice/right thing then find out it seemingly didn’t matter.

[Narciso79]

I think Frank Miller gilded the lily when it came to the portrayal of xerxes. Which Dominic santoro chewed too much of the scenery

[Narciso79]

They are doing a sequel to big trouble in little China, if they are lucky ot will end up like the tron resurrection or something.

The CGI'd Jeff bridges in the last was truly jarring

[Porchlight]

Sadly it seems she was already beyond help, Jane. It was kind of you to try.

[daddy]

The Daily Mail is on the story!

Amazon CEO Jeff Bezos 'has been having an eight month affair with a 49-year-old TV anchor, sharing sexy selfies and exotic vacations together' and only announced his $140bn split from wife of 25 years because the fling was to be made public

[Jane]

Very sad, and very time consuming. I didn't get to be me until about 3;00 every day. Most sad is she isn't going to get to be her, probably ever again. Her son says it's been 20 years. What starts that stuff?

[daddy]

The rich are different”… The real story behind the famed “exchange” between F. Scott Fitzgerald and Ernest Hemingway.

[Jane]

Just for the record, I know a lot of very cool stories about Bezos as a very cool kid. I know he is a liberal, but his pathway to success deserves a lot of respect,

[Narciso79]

Oh and in the jeopardy category, Kim Campbell the fmr defense minister and doomed prime minister candidate has a bout of tds.

[Buckeye]

I like to think my unconscious biases are there to keep me alive.

So far, so good.

[daddy]

The Enquirer says it trailed Bezos across five states for four months in what it calls the 'largest investigation' in the magazine's history, with its photographer catching the lovebirds 'doing the dirty on their spouses together no fewer than six times in 14 days.'

The magazine claims that the affair has gone on for some eight months behind the back of both Bezos' wife and Sanchez's husband.

The bombshell story is a major coup for the Enquirer and its CEO David Pecker, a one-time ally to President Donald Trump, whose scorn for Bezos' Washington Post has been no secret.

[daddy]

Has Jonah Goldberg told us that "character is destiny" yet?

[henry]

Never piss off a guy who buys ink by the barrel, even if you do too.

[jimmyk]

who gets to keep the Washington Post, him or her?

The loser, presumably.

And while I'll leave it to the distaff JOM to judge, but somehow "sexy selfie" and Jeff Bezos don't resonate.

[Jane]

Come on. Who here would not want to be that successful, particularly the way he did it.

[Narciso79]

And who ends up with the 500 million dollar contract with the company?

[Captain Hate]

Ol' Yeller is aiming both barrels at the Kochs and Gas Chamber.

[Account Deleted]

experiencing drunks get hauled away and put in the system is traumatic. my sympathies.

the emotional toll that display takes on observers is significant. not many are aware enough about how to deal with the aftermath--- we live in a "move on, get over it culture."

picking out the splinters requires a deep-dive on ourselves: what did it remind me of; how do i project myself into the same sitch--- what would happen to me....

JOM is a tough crowd and these kinds of things tend to piss people here off. but, if people want to be useful in the aftermath-- say if the neighbor comes home, some of these suggestions can prove useful....including that rope i was talking about.

FYI.

[Catsmeat]

Bezos is only "sexy" to the degree that a lot of money and achievement are sexy (which of course for most people is all that seems to be neede)--but not in and of himself, certainly not. Poor thing!

[Catsmeat]

And I'm sorry, Jane, about your neighbor--and your own pain. But 20 years of this kind of hard drinking means there wasn't much you could do in the long run. You were being kind--that's all that matters, at least as far as your self-judgment should go.

[Jane]

Thanks Catsmeat. It does break my heart.

[JimNorCal]

I think it was MissM who posted a tweet about the US paying for a wall in Jordan.
One of the BJG guys gave this link:
— https://www.breitbart.com/immigration/2018/03/22/gop-democrats-fully-fund-border-wall-jordanians/

And apparently there is a wall on Mexico's southern border with Central America that was partially funded by the US, but a link was not provided.

Apologies if already posted, busy day.

[Jane]

Enzo's is sexy in deed, IMO, going all the way back to HS, imo. I'm too old for him however and on his wrong side polically.

[Jane]

Bezos not Enzo's

[MissMarple2]

Nytol!!

[clarice]

Jane, you did the right thing trying to be of assistance, and you did what any good neighbor would do. OTOH none of us is a miracle worker. Unless she wants to stop drinking, she won't. Luckily, it seems it's now in her son's hands.

[MissMarple2]

Donald J. Trump
‏Verified account @realDonaldTrump
18m18 minutes ago

The Mainstream Media has NEVER been more dishonest than it is now. NBC and MSNBC are going Crazy. They report stories, purposely, the exact opposite of the facts. They are truly the Opposition Party working with the Dems. May even be worse than Fake News CNN, if that is possible!

Donald J. Trump
‏Verified account @realDonaldTrump
9m9 minutes ago

Gave an OFF THE RECORD luncheon, somewhat of a White House tradition or custom, to network anchors yesterday - and they quickly leaked the contents of the meeting. Who would believe how bad it has gotten with the mainstream media, which has gone totally bonkers!

================================

Now I really am heading to bed. Nytol!

[Stephanie Nene Not Your Normal Granma]

Two alligators were sitting at the side of the swamp near the lake.

The smaller one turned to the bigger one and said, "I can't understand how you can be so much bigger than me. We're the same age; we were the same size as kids. I just don't get it."

"Well," said the big gator, "what have you been eating?"

"Politicians, same as you," replied the small gator.

“Hmm.....Well, where do you catch them?"

Down the other side of the swamp near the parking lot by the Capitol."

"Same here. Hmm.... How do you catch them?"

"Well, I crawl up under one of their fancy cars and wait for one to unlock the car door. Then I jump out, grab them by the leg, shake the sh*t out of them and eat'em!"

"Same here." says the big gator. "Do you eat Democrats or Republicans?"

"I eat the Democrats" says the little guy.

"Ah!" says the big gator. "I think I see your problem. You're not getting any real nourishment. You see, by the time you finish shaking the shit out of a Democrat, there's nothing left but an asshole and a briefcase.”

[Ignatz Ratzkiwatzki]

--the Wokemobile: Check Your Blind Spots mobile tour sheds light on unconscious biases--

What makes them think my biases are unconscious?
I'm so frickin woke I curate mine. My biases are fraught, baby!

[Narciso79]

It's called survival instincts like keep your hands away from the buzzsaw and never blindfold yourself in a public place unless there is a pinata in front on you.

[Ignatz Ratzkiwatzki]

--Enzo's [Bezos] is sexy in deed.--

Really?

[rich]

tax everyone and everything at 1000% ...

[rich]

it was great to see Porchlight in the comments. keep me in the loop if the is a meetup in NYC-i'm getting close to capping out on leave and could use the break.

[rich]

now to work on catch up ...

[jimmyk]

It's a slow night on JOM. I wanted to note the passing of Moshe Arens, who helped Netanyahu get into politics.

https://www.jpost.com/Israel-News/Remembering-Moshe-Arens-The-Father-of-Anglo-politicians-576653

He always seemed to be the most decent politico in Israel, not interested in power itself, just in doing right by the country.

It was always sad to me that he has a son, Yigal, who is a complete a**hole leftist, anti-Israel academic out at USC. Needless to say, also virulently anti-Trump.

[Narciso79]

So everything is what passes for normal now rich?

[jimmyk]

Well, it was slow till rich showed up. ;) Hi, rich!

And a belated happy birthday to Marlene.

[Ignatz Ratzkiwatzki]

A Comprehensive Round-Up Of The Best ‘Chuck And Nancy’ Memes

[Narciso79]

Lol. Cigar store Indiana show more personality

[rich]

thanks jimmyk ... working on my kjom playlist tonight.

and a belated happy birthday to Marlene too.

[rich]

but my kjom playlist might trash up the threads ...yikes.

we need more and higher taxes and a 100/hr minimum wage ...

[rich]

>>>So everything is what passes for normal now rich?

Posted by: Narciso79 | January 10, 2019 at 12:36 AM<<<

it's quiet, too quiet ...

[Narciso79]

Uh oh, that's when the creatures from pitch black come out.

Seriously I saw this fad provoked by bird box and it's like they are already at full brawndi

[rich]

>>>Posted by: daddy | January 09, 2019 at 09:55 PM

hahahahaha ... they were right on Edwards, so there you go.

[Narciso79]

Who really thought they needed another confusing film from m night shmyalan?

[rich]

lets kick off kjom with some triphop

becoming x

sneaker pimps

https://www.youtube.com/watch?v=moRzhrYLu5E

[rich]

that is the whole album since my dinner is taking longer than i imagined ...

[rich]

Posted by: Narciso79 | January 10, 2019 at 12:56 AM

not me ... give me a run down for the day.

[Narciso79]

I admit I haven't seen much of unbreakable, and well McAvoy was odd enough in wanted,

[jim nj]

This is kind of fun.

https://slate.com/culture/2019/01/trevor-noah-trump-wall-state-of-emergency.html

Trevor Noah Tells Democrats: “Give Trump The Wall Before He Finds Out What He Can Really Do”

[rich]

>>>Nope, I don't believe this anymore; not after the dogshit choices we had in 2008 and 2012. I'm tired of being taken for granted by the GOP thinking they automatically get my vote. Those days are officially over.

Posted by: Captain Hate | January 09, 2019 at 04:31 PM<<<

me agreeing with you here. and wanted to include that i agree with your take on why the "hundreds and hundreds" of agents haven't resigned. the whistleblower programs are broken (take a 15 year veteran with a few kids, a home in NoVa, and a wife with some health problems: he's going to put his fate into the hands of the House and Senate-save that for hollywood), and as i suspect, the coup reached into the executive office of the president, they all saw the writing on the wall well enough.

[rich]

hey jim_nj ... were the night shift trashing up the threads!

[rich]

Posted by: Narciso79 | January 10, 2019 at 01:04 AM

kinda thin for a rundown!

[Narciso79]

From the trailer Jackson (who's been comatose since unbreakable) McAvoy whose been a multiple personality buffet and Willis are brought together by Sarah Paulson who should have taken her pax (what could go wrong)

[jim nj]

Unbreakable, like with Bruce Willis and Samuel L. Jackson?

Good film.

[jim nj]

https://www.foxnews.com/opinion/gregg-jarrett-why-rosensteins-departure-will-help-restore-the-rule-of-law-at-the-justice-department

Nice piece.

[Narciso79]

I guess samuel Jackson can be tolerated in low doses, but anywhere near the top lead (I didn't realize he is 70 years old!

[jim nj]

Rich, trashing the thread at night? I'll ask JIB when he next shows up.

I always thought we enlighten with the night crew. The day crew does the heavy lifting and we come along and find any gems they might have missed.

[Narciso79]

Ocassional cortex seems to be in full strawberries as in captain queeg

[jim nj]

Narciso, I don't like Samuel L. Jackson's politics and he does at times chew the scenery. He does best as a sidekick playing off another actor.

[rich]

Posted by: jim nj | January 10, 2019 at 01:27 AM

well sort of ... sorta scratching my head about the whole thing. anyway.

how about some filter

https://www.youtube.com/watch?v=VeQRO4fXOKk

trip like i do

[Narciso79]

Now they have him paired with miss Larson, who seems a very bitter pill, in this retcon take in captain marvel. After all what happened in the 15 years before iron man give or take.

[rich]

well it is marvel ...

gonna have to link some deftones.

[rich]

>>>Well I blame Orrin Hatch and Frank Murkowski for Lisa Murkowski. It is next to impossible to get rid of these incumbent slugs. She is stupid, cowardly, and repulsive, but unfortunately she is my Senator.

Posted by: daddy | January 09, 2019 at 03:37 PM<<<

really run for the seat. bet you could win if you did.

[jim nj]

It's not just Sears going through pain.

https://www.cnbc.com/2019/01/09/more-store-closures-likely-coming-for-jc-penney.html

[jim nj]

Daddy's gonna need a new job soon anyway. I don't know if he'd like associating with so many criminals though.

[Narciso79]

Yes the internet is neutron bombing retail, what happens all retail is on line, this is a much stranger world than that depicted in freejack for instance?

[rich]

about 530k voting age population in the state ... daddy loves apple pie, baseball, and dogs ... and he'll straighten out alaska. who would vote against that?

(i suppose hockey might be more popular up there, but anyway)

[rich]

Posted by: Narciso79 | January 10, 2019 at 01:55 AM

sears and jc penney are being strip mined for assets ... and 8 years of the zero administration didn't help much. i'd be curious about how much the internet really did in sears?

[jim nj]

https://www.zdnet.com/article/google-search-results-listings-can-be-manipulated-for-propaganda/

We know Google does it, but now so can outsiders.