Democrats have crazy new plan to fund Biden’s infrastructure bill: make billionaires pay their fair share
Which seems reasonable enough, especially for people who, for example, didn’t see their net worth doubling last year to $ 222 billion, as it did for Elon Musk, who recently used Twitter to mockery Jeff Bezos for only a value of about 194 billion dollars, and thus the second richest person in the world. (Yes, it did, and it’s probably a good argument not just for a billionaire tax, but for the return of the gulag.)
A spokesperson for Sinema has neither confirmed nor denied whether she supports the billionaire tax, saying only that she “is committed to making sure that ordinary families can progress and that we continue to create jobs”, and that “she told her colleagues and the president that simply raising tax rates will in no way solve the challenge of tax evasion or improve economic competitiveness. The White House would have been involved in shaping the details and Biden endorsed the concept. Republicans, it’s safe to assume, are going to throw an absolute crisis on the whole thing in a short period of time, because if there’s one thing they don’t can’t take it, it’s the ultrarich who pay their fair share.
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The Supreme Court attacks pregnant women again
Procedural arguments will be heard on November 1, but until then the barbaric Texas abortion law, banning the procedure at six weeks, will remain in effect. Through The New York Times: