Corey

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Corey

Corey

@CoreyLeander

Math from @IUIndianapolis Thinking about economics, history, & energy

Indianapolis, Indiana Tham gia Nisan 2026
1.8K Đang theo dõi177 Người theo dõi
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Corey
Corey@CoreyLeander·
Would you believe me if I said it's possible to: - cut the highest effective tax rates in the country below 50% - cut capital gains taxes by ~ 4% - have net income rise among the bottom 60% - AND raise > $600B revenue/year *very* progressively? @mattyglesias, @Noahpinion, @jdcmedlock
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Corey@CoreyLeander

"Conservatives may decry the VAT as an instrument of European socialism, but they have proposed VATs themselves, just under alternative names. They speak of the VAT like the wizards in the Harry Potter stories speak of Voldemort—careful never to say the name."

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Corey
Corey@CoreyLeander·
@riksnapper @themimsshow @asymmetricinfo Sure it is. It’s not neutral at all it implies workers are not getting all they’re owed and should be receiving the profits (which is insane!)
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rik snapper
rik snapper@riksnapper·
@themimsshow @asymmetricinfo "Exploit" is not a moralizing term by the way, when used in the phrase "exploit labor," it's the more neutral definition of the word "exploit," where it simply means that you make use of something. Denying that capitalists exploit labor is incredibly stupid, it's economics 101.
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rik snapper
rik snapper@riksnapper·
@themimsshow @asymmetricinfo Capitalist businessowners get rich by leveraging their ownership of the means of production to get the profits produced by workers. That's simply how capitalism works, the fact that you feel forced to deny that shows that you know deep down that you can't defend capitalism.
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Corey
Corey@CoreyLeander·
@riksnapper @themimsshow @asymmetricinfo Just knew I was going to find someone saying “but they do exploit labor though!” How? Youre repeating idiotic Marxist claims at any labor under a system of profit is exploitative, which is wrong
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rik snapper
rik snapper@riksnapper·
@themimsshow @asymmetricinfo This is such blatant dishonest propaganda. You can make lots of arguments to try to defend capitalism, but you can't deny that businessowners who get rich by creating what later becomes a very big company, get rich by exploiting labor, that is very straightforwardly what they do.
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Corey
Corey@CoreyLeander·
@jadler1969 “narcissism” I love when conservatives claim it’s somehow a responsibility to have children
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Corey
Corey@CoreyLeander·
@AHC1776 Check out Mary Beth Norton's 1774 if you get a chance
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American History Central
American History Central@AHC1776·
A big time score from eBay. From Resistance to Revolution by Pauline Maier has some key information about the Stamp Act Crisis.
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Corey
Corey@CoreyLeander·
@ryanscottborman @SethBorman Man that's such a sad way to conceive of government. Gotta read the New Deal/early 20th century history! Government can do great things when it decides to cut red tape and mobilize. China build hospitals in days during covid.
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Corey
Corey@CoreyLeander·
@Afinetheorem Yup, I would tax large total cycle political contributions above 100%, tax gains at death, and repeal the red herring that is the estate tax to replace it with general transfer tax system with lifetime exemptions. I think the VAT does help you narrow the labor-capital gap
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Kevin A. Bryan
Kevin A. Bryan@Afinetheorem·
@CoreyLeander For sure, but I think you would need to charge it on, eg. political donations, large gifts, bequests, etc, as well as the usual categories. A Warren Buffett rule: rich need to pay a higher marginal rate than the rest. We do have werning-straub optimal tax rules already though...
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Kevin A. Bryan
Kevin A. Bryan@Afinetheorem·
A good centrist econ q: I disagree a ton with Zucman, but "one person has wealth 1000x LeBron, 10000x Fortune 500 CEO, 500000x middle age econ professor" seems politically unsustainable. Especially so if they pay lower lifetime tax than upper middle class, or give to kids. 1/2
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Corey
Corey@CoreyLeander·
@SethBorman @ryanscottborman The same thing the National Guard is doing when they could be deployed overseas. There's no need to dramatically downsize the federal workforce or wait for new worker programs to pump out workers. Just put people on hand to work that are willing and able. Pay them well.
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Seth Borman
Seth Borman@SethBorman·
@CoreyLeander @ryanscottborman Then ask yourself what people that COULD be building things are doing when they aren't building buildings, and figure out how to lure them away from that and back onto a job site. Or figure out how to train more workers. FEMA doesn't build. Some of their employees might.
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Corey
Corey@CoreyLeander·
@besttrousers I think people lack policy ambition because they assume the political will would never materialize. In reality, the political will can be summoned *because* of the ambitious policy being seen as a plausible, effective path.
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Corey
Corey@CoreyLeander·
@utility_enjoyer @Afinetheorem The estate tax doesnt really exist. Ask yourself why Republicans spent the last few decades railing against it only to go mum on repealing it in 2017 and 2025
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Utility Enjoyer
Utility Enjoyer@utility_enjoyer·
I don't see a net benefit in taxing away founder control of companies during their lifetimes. Meanwhile, we've already got pretty good mechanisms for breaking up large fortunes over generations, including a 40% estate tax and a societal norm of splitting up inheritance among all kids (of which Musk in particular has a lot).
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Corey
Corey@CoreyLeander·
@ryanscottborman @SethBorman That's fine. Use FEMA or [insert other large agency] that could be assigned to literally work and help build houses, not create bureaucracy. I just want to supercharge the workforce, physically, to get more built more quickly.
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Ryan Scott
Ryan Scott@ryanscottborman·
@CoreyLeander @SethBorman USACE doesn’t build things, they manage. And everything is more expensive when they manage it, because their goal Is as much to ensure you only use American products as anything else.
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Corey
Corey@CoreyLeander·
The government can be made to say yes lol, that's the beauty of its leadership being elected. The point is, this can't *just* be contracted out, or else we'd already be doing that. One needs incredibly large financing and a huge influx of bodies to build quickly on an emergency footing. I'm ambitious! I only mention USACE b/c of their name. I know nothing of them specifically. Replace that with FEMA, or another similar agency.
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Seth Borman
Seth Borman@SethBorman·
@CoreyLeander Contracting it out is precisely how you get that kind of effort... but the government can't do it since the governments super power is 1) saying no and 2) financing things. Those things are in direct opposition.
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Corey
Corey@CoreyLeander·
I just want to mobilize as many bodies as possible to pour concrete foundations, mount drywall, and build floor joists. You cant just contract this out. It has to be done in a wartime, emergency-footing style way while maintaining high build quality. That combinations requires lots of manpower
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Seth Borman
Seth Borman@SethBorman·
@CoreyLeander They don't multiply anything. I had a female colleague that quit because one of the USACE PMs kept jerking off in front of her. They upgraded him to a windowless office.
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Corey
Corey@CoreyLeander·
@Afinetheorem You can reliably raise $600B-$700B *per year* w/ a progressive, universally rebated 20% VAT. It would leave the bottom 60% better off, & target the wealthy w/ high consumption most directly. It would function as both a direct one-time wealth tax & ongoing indirect wealth tax
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Corey
Corey@CoreyLeander·
@Afinetheorem True but I do think you'd induce large behavioral responses, like less realization & more avoidance, & thus less investment Maybe a better scheme is one w/ a broader base: lower the top marginal income tax rates (37% to 34%) & institute a rebatable VAT: x.com/CoreyLeander/s…
Corey@CoreyLeander

Would you believe me if I said it's possible to: - cut the highest effective tax rates in the country below 50% - cut capital gains taxes by ~ 4% - have net income rise among the bottom 60% - AND raise > $600B revenue/year *very* progressively? @mattyglesias, @Noahpinion, @jdcmedlock

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Corey
Corey@CoreyLeander·
@SethBorman I dont want them "involved" so much as I want them to be a force multiplier for the private companies so many many units can be built quickly to shock the housing market. Just need more bodies!
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Seth Borman
Seth Borman@SethBorman·
@CoreyLeander I've worked with USACE before. You don't want them involved. Just start issuing permits to actual developers and builders!
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Khám phá

@CoreyWriting @SammyNize @themimsshow @asymmetricinfo @riksnapper @jadler1969 @AHC1776 @ryanscottborman