
Fluffy Nuffy
73.5K posts

Fluffy Nuffy
@fluffynuffy1
How does he manage it all? By responding to emails while he interacts with his children.


A wealth tax doesn't tax factories. It taxes ownership claims over wealth. That distinction matters. The idea that a billionaire paying a wealth tax somehow causes a factory to disappear only works if you assume investment comes from accumulated savings. post-Keynesians reject that entirely. Firms invest because they expect sales. Banks create the credit to finance that investment. Saving is the accounting result of investment and income, not its prerequisite. The other problem is pretending today's great fortunes are mostly factories and tractors. A huge share of modern wealth is financial assets, land, monopoly rents, and capital gains. Taxing part of those claims is not the same thing as dismantling productive capacity. France and Sweden are always brought up, but those cases say as much about tax avoidance, loopholes, and international tax competition as they do about wealth taxes themselves. They are not proof that taxing wealth inevitably destroys an economy. The real danger isn't that the wealthy contribute more. The real danger is allowing wealth to become so concentrated that purchasing power is drained from the broader economy while more and more capital chases existing assets instead of creating new productive investment. An economy doesn't become richer because billionaires accumulate larger fortunes. It becomes richer when businesses invest, workers are employed, productivity rises, and incomes grow. Those are not the same thing.

.@AndrewYang says a good way to fight back against Democratic Socialists in New York is to open up primaries to all voters. "Zohran Mamdani's team has actually been fighting against those open primaries. Even though they say our stuff is super popular, they know if you have more people vote, their chances of winning go down and not up." More: youtube.com/watch?v=6ZciZ5…

Elon Musk‘s campaign against Christopher Nolan epic 'The Odyssey' just deepened. The tech mogul wrote on his social media service X that his AI tool Grok Imagine would create a “full-length” feature version of Homer’s Greek myth deadline.com/2026/07/elon-m…


BREAKING: Trump is overhauling federal science funding by directing the roughly $200 billion annual research budget away from traditional university grants and toward artificial intelligence and individual scientists, per WSJ

WATCH — @Kanew: “Bill Maher says he’s open to voting for Vance in 2028… Bill Maher is not your friend, Democrats. He’s John Fetterman with a talk show. Time to turn him off.”

BREAKING: Apple will launch Apple Upgrade next week, an iPhone, iPad, Mac and Apple Watch leasing/subscription program. It’s partnering with Klarna to launch in the U.S. at online and retail stores. bloomberg.com/news/articles/…

Like millions of Americans, my family has been impacted by the terrible scourge of cancer. The Trump administration’s new CMS rule will be life-threatening for countless cancer patients on Medicaid across our country. They must reverse course — immediately.

POV: The AI subscription expired and you remember how to code 😭


What if I told you the forward P/E for both Health Care and Semiconductors was the same





America’s democratic socialists are obsessed with the Nordic model. The problem? These countries aren’t socialist.










