@implausibleblog The government does not need more power or control
It needs less waste
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ewsmith
445 posts
Zack Polanski, "A wealth tax won't fix everything but it would be a very good place to start"
"1% on £10 million, and 2% on £1 billion, would raise around £15 billion a year"
"A clear message that those who have accumulated the most money will pay a little bit more"
"For a truly progressive government a wealth tax needs to be a day one priority"
"And to get our economy moving we much look at all the levers we can pull"
"That must include equalising capital gains tax with income tax"
"Close down tax avoidance loopholes"
"And to expand National Insurance to cover income from investment as well as earned income"
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ewsmith retweeted
Zack Polanski EMBARRASSES himself on economy figure.....
Greens would bankrupt us
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I am concerned to hear of the incident at Manchester Central Mosque last night. I know this will be worrying for Muslim communities, especially during Ramadan, a time of peace and reflection.
My thanks go to the volunteers and emergency services for their quick response.
We have provided up to £40 million funding for additional security at mosques, Muslim schools and community centres, and will continue to act to ensure communities are able to live without fear.
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@jonbrooks Chart crime.
Make it 100% stacked.
Compare millenials now to same as Gen X in relative age.
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Just wait until the green
tries selling to the red
Gen Z isn’t even on the chart
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@Mr_Husky1 The installer failed to let the customer know how this would work and look.
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Master carpenter trainee here. Customer is upset because I correctly installed the fence around the tree instead of cutting it down, and now I’m being told it “looks wrong” and “wasn’t what they expected,” even though this is literally how fences are supposed to be built when there’s a mature tree in the property line.
The fence is straight, level, code-compliant, and allows for future tree growth — but somehow that’s a problem because it’s not a perfect rectangle. Apparently the expectation was for me to defy biology and geometry at the same time.
I explained that trees grow, fences don’t, and this prevents future damage, but they’re convinced it’s lazy or unprofessional despite it being the textbook correct install. Now they want it redone even though nothing is wrong other than their personal feelings.
Love when a job is done right and the only issue is the customer googled for 30 seconds and decided they know more than the person who built it.
Credit - ikhlas
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@Keir_Starmer Where does the deficit go
Always ask who foots the bill.
It will be passed on elsewhere
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We're capping ground rent at £250.
That means if you are a leaseholder, and your ground rent is more than £250, you’ll be paying less.
This will make a huge difference to homeowners and will ease the cost of living for people across the country.
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@steviedagsi It’s all well and good to shout about the (very real) problems, but if you don’t have the right solutions then they will not be fixed
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I genuinely cannot fathom how ANYBODY watches this and still thinks they aren’t the answer. Zack Polanski and the Green Party genuinely feel like the only hope this country has right now. Tax the rich, clean the rivers, fix the NHS.
The Green Party@TheGreenParty
Help us make hope normal again. Join the Green Party now.
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People love to turn this photo into something more than it is...
“Twenty-four feet.”
“Two thousand pounds.”
“River monster.”
It doesn’t need any of that.
This photograph is real. The men are real. The fish is real. And it is almost certainly a white sturgeon, a genuine living fossil yanked from a North American river at a time when those rivers still flowed the way rivers are meant to flow.
Was it 24 feet long? Probably not. That number gets tossed around because old photos lie a little. Perspective stretches things. Water hides scale. A more honest estimate is somewhere in the 14 to 18 foot range which is still absurd by today’s standards. Still something most people alive now will never see in the wild.
There was a time when creatures like this weren’t legends. They were problems. They tore nets. They sank boats. They showed up uninvited. Fishermen didn’t marvel at them; they dealt with them.
It's still one really big friggin fish ... just thought I'd share this monster!
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@grok @Steffbaby_ @chaleitscecil @_jaysaidit @grok explain why Mr Beast’s example is meaningfully different here
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The "buy, borrow, die" strategy lets the wealthy avoid capital gains taxes. Buy appreciating assets (e.g., stocks). Borrow against them for cash—loans aren't taxable income. Pay low interest instead of high taxes on sales. Upon death, heirs inherit at stepped-up basis, erasing unrealized gains tax-free. It's not about never repaying; it's deferring/avoiding taxes. (Sources: SmartAsset, Yale Budget Lab)
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@chaleitscecil @_jaysaidit What?
He borrows 1 mil, so has to sell 1 mil to pay off the 1 mil. 1 mil taxable.
Or he sells 1 mil. 1 mil taxable.
So… he pays the same amount of tax either way. How is it less in your example?
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@JosephPolitano No—the fact fraud is still there to be found shows how deep it lives
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insane that Elon was given unchecked executive power over federal spending for several months under this theory that you could easily find trillions in fraud to cut, couldn't find trillions in fraud to cut, and now is just running it back narratively as if that never happened
Elon Musk@elonmusk
The fraud in California, New York and Illinois is far greater than in Minnesota. My guess for how much fraud is happening nationwide is roughly 10% of the Federal budget, so about $700 billion per year.
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@VladTheInflator No… to the yellow and red.
Comparing current boomer wealth to current millennial wealth is apples to oranges.
Compare wealth at same relative time point to paint a clearer picture.
Still, Gen Z and millenials are still *creating* wealth. Boomers are just sitting on it.
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Just so I understand.
The green thinks they're going to retire selling all their inflated assets to the red.
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🚨BREAKING: Joe Biden has secured a $10 million book deal for his presidential memoir.
What should it be named?
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ikr, I hate it when medical advancements double the amount of babies that survive into adulthood
James Uthmeier@JamesUthmeierFL
This is eye-opening. Thank you @realDonaldTrump and @RobertKennedyJr for shining a light on the darkness of Big Pharma and fighting for medical freedom and informed consent.
Washington, DC 🇺🇸 English
@michaeljburry @Fortune @Bloomberg “Dilution certain to continue” would require the stock reaching $2bil+ due to compensation plans. Sounds good to me…
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I never said I was short $TSLA in my SS post. @fortune @bloomberg The article also reports on an older $500 million bet. No, it was $5 million. 13Fs and journalists…
The full text of what I wrote:
“Outgrowing dilution, for purposes of achieving maximum present value for an enterprise, is not easy.
Tesla dilutes its shareholders at about 3.6% per year, with no buybacks. The chart above shows the kind of present value destruction that this level of dilution can impart.
With recent news of Elon Musk’s $1 trillion dollar pay package, dilution is certain to continue. Tesla’s market capitalization is ridiculously overvalued today and has been for a good long time.
[As an aside, the Elon cult was all-in on electric cars until competition showed up, then all-in on autonomous driving until competition showed up, and now is all-in on robots – until competition shows up.]
Another beauty is Palantir, which has been diluting shareholders at about a 4.6% annual rate despite buybacks. Palantir has no earnings after adjusting for stock-based compensation.
Palantir has the distinction of being the first billionaire:revenue ratio greater than one that I have seen. Five billionaires due to stock ownership, and less than four billion in annual revenue.”
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That’s not what a slur is you fucking cis moron
Amala Ekpunobi@amalaekpunobi
No. Cis is a “slur” because a group of people decided they could just upend language for everyone around them to make them feel better about their identity. Women don’t sit on a back burner because you want to be us. WOMEN ARE WOMEN. “Cis” needs to go.
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@subarustevenz Chart is bad. Change it to “multiples of household income” to normalise y axis
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Why no comments on this post specifically
BBC Breaking News@BBCBreaking
Afghan national admits raping 12-year-old girl in Nuneaton, England bbc.in/49sYr8c
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