@GovTrack
I'd REALLY like a *knowledgeable* reporter to ask the #BankruptcyBarron to explain how #tariffs "DON"T" cause prices to go up.

T****'s understanding: If you put a tariff on imported goods, they are more expensive, making "American Made" products more competitive.

Sounds good.

PROBLEM: Where's the incentive for American manufacturers to LOWER their prices? If a tariffed product is MORE expensive, U.S. made product prices will GO UP to match them. Only solution? A #WindfallProfitsTax

@[email protected] @[email protected]

#USpol #PoliceReform #DefundThePolice

(3/3)

...crime, less police 🚔, less power, less controls, less unnecessary searches, less costs for law enforcement and the judiciary, more money for #UBS,...a virtuous circle.

Just to be dure: tons of studies on #UBI in different countries over decades have all shown that it works. It just would need to be implemented...and refinanced (#WealthTax, #WindfallProfitsTax!)

//

@[email protected] @[email protected]

#PoliceReform #USpol

(2/2)

...replaced. However, who is gonna train all these new officers and can communities foot the bill?

(With the decades overdue #WealthTax and #WindfallProfitsTax, they could. 😏)

Hm, maybe a double teamlead, always "integrated" with at least one of them BIPoC/Hispanic and possibly man + woman etc., switching "comand" every week or so could be an idea...

//

@si_irini

#DEpol #Volkswirtschaft

(4/n)

...#Finanzkrise im Jahr 2009 herauszubilden begann:

https://ritholtz.com/2023/11/revisiting-greedflation/

Deshalb wäre eine #Übergewinnstreuer (#WindfallProfitsTax) wichtig gewesen. Daran ist im derzeitigen wirtschaftlichen Klima nun jedoch nicht mehr zu denken.

Nachdem #JoeBiden mit dem #BuildBackBetter-Plan (#BBB) das grösste nationale Investitionsprogramm seit dem #NewDeal von #FDR in den 1930er Jahren auflegte 4) mit seinem "Buy American-"...

4)
https://en.wikipedia.org/wiki/Build_Back_Better_Plan

//

Revisiting Greedflation - The Big Picture

  Over at Alphaville, Robin Wigglesworth looks at whether ‘Greedflation’ (aka price-gouging) meaningfully contributed to Eurozone inflation. Specifically, Bank of England research suggests that while they “find no evidence of a rise in overall profits in the UK” they did notice that “companies in the oil, gas and mining sectors have bucked the trend” with…Read More

The Big Picture

@lolgop
Unfortunately, the MOST EFFECTIVE means of fighting #PriceGouging AND raising Worker Pay is a #WindfallProfitsTax.

Corporations can easily avoid the tax by reinvesting in their companies, raise wages and cutting prices.

But as long as the #GOP controls The House, it'll never pass. 🤬 #inflation

#Politics
It's easy:
Don't meet with #Nazis.
Don't provide a platform for Nazis.Don't talk to Nazis.

And as a #Ukrainian wrote today: "Hit them, where it hurts: money 💰 !"

-》 Dry up the #DarkMoney flows
-》 #WealthTax
-》 #WindfallProfitsTax
-》 #AbolishBillionaires 1)
-》 impose a maximum on land ownership, in particular regarding #ResidentialHousing per family and related parties
-》 #NationalizeBigOil by making them pay for the ecocide they have willfully committed 2)

1)
https://mastodon.social/@HistoPol/111693208259691650

@Npars01

#AbolishBillionaires #Plutocracy

Very interesting view.
I can see the point.
Unless the masses all avoid the overpriced goods of the respective billionaires' companies, an argument could be made to save the poor, all must buy from them again, so that price-gourging becomes unnecessary.

Other than that, theoretical solutions are easy:
#WindfallProfitsTax and a #WealthTax and an inference tax that brings wealth distribution of the top 10% back to levels before the #RoaringTwenties...

@rbreich

A further case for a #WindfallProfitsTax

@[email protected]

(1/4)

I would like to make a counter proposal:

Implement or expand: #WindfallProfitsTax, #WealthTax, #InheritanceTax

It is not the obligation of the rich to pay 4 s.o. else's #Social #Security.

However, the earth +its resources belong 2 all humanity. If 1 generation earned something, it cannot be fully passed on 2 the next 1, in particular 4 #billionaires.

Trusts + "charity foundations" are an issue 4 the same reason: wealth transfer.

But we must also talk about #IncomeTaxes: ...