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Heaven forbid there isn't a thread in the pit that isn't 75% of dax replying to himself, being an angry hypocrite, while using words only he can understand.
Dax, you fall for a lot of stupid stuff you see online.Sent from my iPhone using Tapatalk
Daxbot: engaged. Operation deflect/move goalposts: engaged.
Quote from: sonofdaxjones on April 05, 2021, 10:46:01 AMHere's an interesting article about Biden's infrastructure plan. The usual hair trigger ProgFascists will lose their mind, but for people with a much high level of intellect (like me) it's an interesting read.https://www.dlacalle.com/en/why-joe-bidens-2-trillion-infrastructure-plan-may-fail/The main problem of Biden’s plan is that is largely politically and public-sector driven. It includes almost 40% of subsidies to local corporations and the public sector, which can reduce productivity and efficiency, as already happened in the past.In the revenue side, figures are wildly optimistic. A $695 billion increase in corporate tax revenues from the current level is science fiction and does not even consider any negative effects from raising corporate tax to a rate that would be the highest one in the OECD, considering effective and nominal rates for most companies.Perused it, honestly seems pretty shallow analysis geared towards the negative, plus typos.Like congrats R&D is literally funding something that currently is either not technologically or economically feasible to try and make it more so, tax hike is kind of characterized as crazy huge when from what I've read the corporate one is feasible but can be characterized as leaning towards being more ambitious. Won't talk too much about why huge bills attached to reconciliation is attacking Senate process and is kind of a dumb angle, but I'm all here for the Senate going towards passing legislation with majority votes as it historically has.Can't decide if it's worth my time to delve into Biden's proposal in detail too much considering it has to go through the meat grinder in Congress.
Here's an interesting article about Biden's infrastructure plan. The usual hair trigger ProgFascists will lose their mind, but for people with a much high level of intellect (like me) it's an interesting read.https://www.dlacalle.com/en/why-joe-bidens-2-trillion-infrastructure-plan-may-fail/The main problem of Biden’s plan is that is largely politically and public-sector driven. It includes almost 40% of subsidies to local corporations and the public sector, which can reduce productivity and efficiency, as already happened in the past.In the revenue side, figures are wildly optimistic. A $695 billion increase in corporate tax revenues from the current level is science fiction and does not even consider any negative effects from raising corporate tax to a rate that would be the highest one in the OECD, considering effective and nominal rates for most companies.
Congress seems to govern mainly with reconciliation bills that lend themselves to be gigantic and wide ranging in order to play within Senate rules. I don't particularly like that method of policy/governance but here we are
Why does an infrastructure bill have $400B earmarked for long term care??