expla1n

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expla1n

@expla1n2

twelve years of it

Se unió Şubat 2022
235 Siguiendo73 Seguidores
expla1n retuiteado
Brandon Tatum
Brandon Tatum@TheOfficerTatum·
Will our kids get the same shot at life we did? We’re spending $1.43 for every $1 we bring in and in just a few years, HALF of federal spending goes to those aged 65+. Congressman @RepDavid is asking the question nobody wants to answer.
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expla1n
expla1n@expla1n2·
@KeyboardChuck @TheGreenOldDill Consumption taxes create massive deadweight losses and are ultimately counterproductive. A better plan is to tax the only thing we can’t make more of - land. Just tax land value only.
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Chuck Hollis
Chuck Hollis@KeyboardChuck·
Another vote for consumption taxes. E.g. don't tax the first home, but tax the second. Granular sales taxes on things like cars and boats. Exemptions for basics like fresh food. Florida has all sorts of tourist taxes which work well. In the town I live in, there's room to raise new forms of revenue in lieu of homesteaded property tax exemptions.
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expla1n
expla1n@expla1n2·
@TheGreenOldDill Present another durable option then. None of the revolters ever specify how we will fill the gap. They hand waive “cut waste fraud and abuse!” but never point out any wasteful spending program that is funded by property taxes. They present no alternative tax. It’s unserious.
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Handre
Handre@Handre·
I present a challenge to any collectivist, fiat, or big government shill: Present me with any government action or law, and I will tell you why it's bad.
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expla1n
expla1n@expla1n2·
Democrats are still lying about who will fund their utopian vision. If you want ALL of these programs the middle class will need to pay nearly 50% of their income in taxes. Janitors, teachers, construction workers, etc. Just be honest about it at least.
Elizabeth Warren@ewarren

The Ultra-Millionaire Tax Act would generate over $6 trillion over the next decade—without raising taxes on 99.85% of American households. This wealth tax for millionaires and billionaires could pay for universal child care, free community college, Medicare expansion, and more.

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expla1n retuiteado
Dissident West
Dissident West@dissidentwest·
Hey we may not have gotten $5k DOGE checks, $2k tarriff rebates, 20 million deportations, the abolishment of the IRS and the Department of Education or cheaper gas but at least we got a war that nobody wanted that doesn't benefit us in any material way whatsoever.
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King of Debt
King of Debt@realkingofdebt·
@expla1n2 @motorisms They are. 80% of them in NYC are from Honduras. The other 20% get pegged by their wives after a no kings protest
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🚘
🚘@motorisms·
If you thought gentrification was caused by capitalism and free market forces, you thought wrong. It's bike lanes. Without lanes for people who can't afford an SUV there would be no gentrification 🤡
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Landon
Landon@landon20s·
Alarming data Over the past 30 years, cook county property taxes have tripled Outpacing both inflation and wage growth We have the highest residential property tax rate in the country School districts make up over half of all property taxes / heavily rely on them And then there’s TIF… TLDR TIFs (tax incremental financing) are supposed to capture growth in property taxes within a district and redirect that $ into a separate fund. When used correctly, they fund local development. Think Fulton Market 10 years ago vs now. An example of how TIF works at scale There should be 100s of Fulton Markets But that’s not happening lol TIF rev has growth over 1000% in the same 30 year period and are being used to backfill budgets What a system 🔄🔄🔄
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expla1n
expla1n@expla1n2·
@landon20s People use TIFs for Taco Bell’s now. Wild stuff.
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expla1n
expla1n@expla1n2·
@BullyCreative Populism sucks and we have the 5th highest tax burden in the union.
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D.A. Bullock
D.A. Bullock@BullyCreative·
If you were paying attention to who Walz is, you knew this was coming. He rode the wave of the MN Miracle legislative session. He’s not a populist. He won’t fight for working people. He really is just another bland corporate Dem.
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expla1n
expla1n@expla1n2·
@BrianCostin Are they purposely tanking for a fed gov bailout?
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Brian Costin
Brian Costin@BrianCostin·
Illinois has the most state pension debt in America — by a wide margin. How bad is it? IL Pension Debt: $145.49B The bottom 41 states combined: $145.77B IL population: ~12.7M Bottom 41 states: ~180M And Pritzker and his allies in Springfield are considering pension sweeteners that could add $76B+ more in costs for Illinois taxpayers. This is not sustainable. This is a crisis.
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expla1n
expla1n@expla1n2·
@robin4mpls We have the 4th highest tax burden in the country 😂
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Robin4mpls
Robin4mpls@robin4mpls·
And for his grand finale, Tim Walz gives us nothing! The wealth of the top 1% is at its highest, and the establishment continues to defend the status quo. News flash 🚨 – the status quo isn’t working.
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