Message from @Gibblets
Discord ID: 626272610187214848
O/ 🍹
Globalist coolaid is watermelon flavoured. Green on the outside hiding the red on the inside.
that's the sort of green engineering I like to see
no pie in the sky promises
just some measurable improvements using less energy
*less costly energy in exchange for basically free energy
overall less thermodynamically efficient, but, by using essentially free solar energy, less energy costly
proof of concept complete. now just the task of optimization to make it commercially viable
lmao
yes, i really like the idea of individual uses of solar power and such
There is no such thing as an impeachment inquiry. you impeach or you don't. This just shows Pelosi has lost control of the house and needs to appease the far left. The far left might have damming info on Pelosi
We are going to have a meeting to review the meeting where we will discuss the location of the next meeting
We are going to appoint a beewatcher watcher watcher
*"it's only an anti-semitic term if you think the jews control the world"*
Holy shit... *'It's only anti-semetic if you're an anti-semite...'* 😲😲
For the record, there is no mountain (mostly flat farmland) and the lake is a mud puddle 😏 (referencing the severe storm text scroller). Also, they protest because they can't come to terms of who he really is.
little over a week til this drops https://www.youtube.com/watch?v=zAGVQLHvwOY
Makes me want to go watch the Keith Ledger Batman movie.
the idea of a wealth tax continues to ignore the laffer curve. Which basically states that income is relatively flat regardless of tax rate because of the incentives and disincentives that a tax places on the economy. If you look at the history of the US tax collection (since we moved away from the tariff tax based tax system), regardless of tax rate, the average income for the government is 18%
https://cdn.discordapp.com/attachments/409863699772342289/626296011903598592/unknown.png
any new tax may collect new revenue, but also comes with added expense in administration and the issue of de-incentivizing some behaviors that may be socially positive.
Then they will create loopholes to try to reintroduce those incentives, just as we have now in the income tax system. The end result is we will still be sitting at 18% of GDP in tax revenues unless you can convince society that additional services are worth the cost and people become happy to pay more than 18%.
A Wealth tax seems really destructive to me. As Tim notes people has wealth isn't necessarily liquid. People who own businesses and house are going to suffer a lot.
example: 2% wealth tax: Person owns house worth 300k will pay an additional 6k a year on top of income tax, payroll tax, sales tax, property tax, ect.
Now my understanding is maybe you only tax people with assets over a million dollars. still My parents bought a house worth ~300k to 400k in the 90s. the house is now worth over 1millions dollars. they can't afford to pay 20k on top of the bills they already pay, they would have to sell the house.
Similar problem with businesses. taxes will just eat companies up and destroy them and the jobs they bring
not to mentions you have to tax people on the retirement plans, to the point they'll never be able to retire.
Many farmers who own hundreds of acres, if a nearby city is growing, their assets skyrocket into millions of dollars in value. Suddenly the farmer cannot afford the land because of the tax. And suddenly putting dozens of acres up for sale increases supply, lowers demand, and now lowers the value.
Wealth tax makes no sense, only liquid assets should be taxable.
I remember seeing a fox story about a family farm that was basically shut down by an estate tax. Yes, they should have planned better, but it shouldn't happen that a tax basically causes a business to shut down and people to become homeless and unemployed
Washington's inheritance tax does that too.
It's silly because the government is basically destroying future taxable income.
For a pittance.
Why leave for tomorrow what can be done today?