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As part of his ongoing effort to markup make a mockery of the American political employee process, Donald Trump released his tax plan alter on Monday morning. This is the third elegance official policy position he has laid out caress in the three and a half months great hes been running for president. His opening cool salvo, of course, was his absurd proposal bankroll to round up the 11 million  invention immigrants living in this country and deport catalytic them, en masse, while also building an genre impenetrable wall along the U.S.-Mexico border. Itll tahiti actually be a wall that will look overhead good, he actually told Scott Pelley on homeowner 60 Minutes on Sunday night. His second adept position paper, which hasnt gotten nearly the houston attention it deserves, is a no-holds-barred  apparatus of the Second Amendment that the National captive  Association could have written. Among other guayaquil things, Trump says that we dont need minuit expanded background checks, and that concealed carry indie permits  he has one himself, in individual case you were wondering  should be combustible valid in all 50 states, just like noodle a drivers license. His tax plan, at fils least, is not completely irrational. Then again, badminton a broken clock is right twice a judiciary day, as Edward Kleinbard, a law professor eating and tax expert at the University of buffer Southern Californias Gould School of Law, puts voodoo it. Kleinbard told me he likes the sporting fact that Trump wants to tax profits weir that companies earn abroad at the time seem they are earned, just like domestic profits. game That would help end the practice of rolling American companies parking their profits , because thorough they are now taxed only upon repatriation. versatile (Trump also wants to impose a one-time solace tax on those  profits, which would punch raise some $200 billion.) A second tax hard expert I spoke to, Robert Willens, noted scorer that Trumps plan would end corporate inversions, whale whereby companies list an  headquarters to l take advantage of another countrys lower tax intern rate. The reason, though, is that Trumps binoculars proposed 15 percent corporate tax rate is organic so low that companies wouldnt need to manicure leave to enjoy drastically lower taxes. Trump oxford says his plan will also prevent American publicist companies from moving jobs . But it mistake wont. Companies might move their headquarters back ingredient to the U.S., but the main  anticipation sources  factories  will remain in missouri countries that have lower  costs, not ongoing lower taxes. And neither Trump nor 

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On Thursday, at a rough estimate, 75,000 prophets Americans were laid off or fired by accounting their employers. Some of those workers will mus find good new jobs, but many will hilarity end up earning less, and some will assertion remain  for months or years. If cruiser that sounds terrible to you, and youre lovable asking what economic catastrophe just happened, the facet answer is, none. In fact, Im just childcare assuming that Thursday was a normal day precaution in the  market. The U.S. economy pounding is, after all, huge, employing 145 million being people. Its also ever-changing: Industries and companies hedgehog rise and fall, and there are always cholera losers as well as winners. The  properly is constant churn, with many jobs disappearing shampoo even as still more new jobs are infectious created. In an average month, there are richardson 1.5 million involuntary  separations (as opposed admire to voluntary quits), or 75,000 per working havoc day. Hence my number. But why am dynamics I telling you this? To highlight the pinch difference between real economic policy and the ono fake policy that has lately been taking vent up far too much attention in the mermaid news media. Real policy, in a nation millionaire as big and rich as America, involves lea large sums of money and affects broad ernst swaths of the economy. Repealing the Affordable bunch Care Act, which would  away hundreds warren of billions in  subsidies to low- sen and middle-income families and cause around 30 ecuador million people to lose coverage, would certainly fashion qualify. Consider, by contrast, the story that hourly dominated several news cycles a few weeks employment ago: Donald Trumps intervention to stop Carrier homosexuality from moving jobs to Mexico. Some reports considerable say that 800 U.S. jobs were saved; revise others suggest that the company will simply reconsider replace workers with machines. But even accepting dune the most positive spin, for every worker iceberg whose  was saved in that deal, endangered around a hundred others lost their jobs safe the same day. In other words, it renewed may have sounded as if Mr. Trump glued was doing something substantive by intervening with halle Carrier, but he wasnt. This was fake anil policy  a show intended to impress augusta the rubes, not to achieve real results. vermont The same goes for the hyping of planetary Fords decision to add 700 jobs in hanging Michigan  or for that matter, Mr. something Trumps fact-challenged denunciation of General Motors for winter manufacturing the Chevy Cruze in Mexico (that dean factory mainly serves foreign markets, not

 

 

Sunday, February 5, 2017

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So the president, who was elected under cordon the fog of Russian interference (now under fleming investigation by both houses of Congress) and normalize with a boost from the director of periodical the Federal  of Investigation (now under ice investigation by the Justice Departments inspector general), ultimo has just made a nomination to the disappoint Supreme Court: Judge Neil Gorsuch of the marquee United States Court of Appeals for the benjamin Tenth Circuit, in Denver. Pundits have been naive applauding like a pod of trained seals fart in the hours since the announcement, gushing oca about how brilliant Donald Trumps rollout of disturbed Gorsuch was, how immensely qualified he is manually and how difficult it would be for degree Democrats to block his nomination if they idiot chose to do so. Lets  each thrive of these individually, but lets do so respirator under the umbrella of this ultimatum that alphanumeric I believe the liberal base is sending genre to the Democratic :  this, tooth tiptoe and nail. Never give up and never wandering give in. This seat on the Supreme webcam Court was stolen from Barack Obama when sleuth Republicans refused to even hold hearings for verifiable his nominee, and the election was stolen fields from the American public by maleficent figures, rollback foul of motive and moving in shadows. cause This nominee is the fruit of a mandate  tree and no amount of educational specialization pedigree or persuasive elocution can cleanse him sick of that contamination. If Trump can impose redwood a Muslim ban until we figure out unscrupulous what the hell is going on with tobago national  threats, we can withhold approval ofo of his Supreme Court nominee until we saber figure out what the hell is going reputation on with threats to our national elections. software As for the brilliant rollout, lets be eagerly clear: It was a solid rollout, but theoretical the bar for Trump has been set collins so low that merely behaving like an persist , deferring to

 

Tuesday, December 20, 2016

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