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No doubt that Biden should not get involved and just stay focused on the coronavirus situation. Not much Biden can do to change the inevitable acquittal so why spend the political capital now when the Dems are doing it.
Week 3 and wheels are moving but still not happy with the seemingly slow pace of vaccinations. We are still in Phase 1a in GA. Biden’s strategy for Trump’s impeachment: Sit back and STFU - POLITICO Quote:
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Trump imposed the cap because it most affected states likes New York and California. Limiting the deduction does help the wealthy and we shouldn't be cutting taxes for the wealthy when our deficit is in the trillions. We should be talking about eliminating the deduction. |
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The cap is $10,000 which is not going to hurt the poor at all. Maybe some middle class get mixed in but it is mostly a handout for the wealthy. |
It looks more like a middle finger to Blue states. Rich people can easily change residency so they don't pay as much local taxes. Middle class in more expensive states don't have that ability.
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A lot of middle class residents in NY get hit with SALT. We pay @8K in property taxes alone and lots of homes we looked at were over 10k. It's no surprise that the two NY senators are trying to restore the deduction when it impacts so many frequent voters.
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i live in NYC, work in NJ. the wife and i make good money, but we are far from rich. putting one kid through college (state school) and another one right behind him. we always had a refund of about $4K in federal every year. the first year of trump's plan, i owed $400 federal. so having the SALT capped at $10K, cost me around $4500. i did get about $30 extra in my biweekly paychecks, so overall for the year the trump tax plan cost me about $3K. i have many friends and relatives in the same situation. we all work non executive corporate jobs. middle class (for NY) got killed by the SALT cap.
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The median property tax paid in New York is $3800. The income tax in the state is between 4%-9%. You'd have to be in the six figure range before this impacts you. And even then you're still getting a $10k deduction. For this to cost you $3000 a year, you'd have to be making almost $200k or living in a very pricey house. |
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Maybe the question should be why are you paying $8000 in property taxes and what are you getting for it? |
And I'd be fine with moving it up to $15k or $20k. But removing it altogether is a handout to the rich.
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combined, we make around $200K. which puts us solidly middle class in NYC. we have a nice 1900 sq ft house, 2 cars since we both work, and putting kids through college. property taxes are $6500 (on a 41x100 lot). we have friends who are a school teacher/NYPD sergeant and they had the same issue we did. we're doing just fine, and i'm fine with them leaving it as is to target the help where it is needed more. just trying to point out that the SALT deduction helped a lot of people in NYC (and CA, NJ, etc) that are far from what would be considered rich. |
"solidly middle class" in NYC equals rich in the rest of the country. You are in the 89th income percentile.
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Yeah, if $200k a year is middle-class, it's on the upper rings of it.
I'm in Illinois and got hit with it too, but it wasn't really that dramatic. Like I said, I'd be fine moving it up a bit but eliminating it altogether just gives massive deductions to people in $4 million homes. |
I'd rather we get rid of most deductions and credits in order to get the marginal rate and the effective rate much closer than they currently are. My point wasn't that we need to restore SALT, just that it's no shock senators are responding to the desires of frequent voters.
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That doesn’t account for cost of living so while $200k may make you a king elsewhere that’s not going very far in NYC, LA or the SF Bay Area as just a few examples. |
Right, the average 2 bedroom apartment rent in NYC is $3,432 a month. That's not a typo
https://www.rentjungle.com/average-r...rk-rent-trends Though in Queens the average 2 bdroom is around $2600, so that's nice. Sent from my Pixel 4 XL using Tapatalk |
My first apartment was in Manhattan, for $800/month, in 1999. Though it wasn't really an apartment, it was an old hotel with one shared bathroom on each floor. And no air conditioning. And there were definitely cockroaches. Probably 100 square feet.
Great location though on the Upper West Side. My Google search about whether it still exists is returning conflicting results. My mortgage payment in my 1,800 square foot house in Boise in 2021 is only about $150/month more than that. |
(Not sure where to put this because it's somewhat political so doesn't really belong in the Random thread but it's not specific to Trump either. So using Biden as default)
In an earlier post, I said I'm good with Trump being banned from social media but concerned about where the line is drawn for others, when does it impact the 1A. Trump had that (actually "the") special position where he could do/encourage really bad/stupid things and he had a history of repeatedly doing it. But RFK Jr. doesn't fall near into the same level for me. Should he be banned because of his anti-vaccine and false coronavirus vaccine claims? And if yes, why not a bunch of other anti-vaxxers who have some level of following? For these next "level" of folks (e.g. let's say 2-4 rungs below Trump), I think a good compromise is tagging them false or misleading. https://www.cnn.com/2021/02/10/tech/...ban/index.html Quote:
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These are private companies with terms of service that these people repeatedly violate. Why is it so hard for you?
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Sure I get that. My guess (and problem) is it's not consistently applied. I did not find any specific details on why he was banned other than broad statement about false vaccination info or "notorious" anti-vaxxer. If that is the case, why aren't a bunch of others banned because of false vaccination info ... is it because he is a public figure? or the quantity of false vaccination info? or was it because he repeatedly ignored warnings from Instagram to stop? |
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Then they can be sued. It is not like RKFjr. or Trump doesn't have the means to fight it in court. I don't cry for them at all, and I wouldn't cry for a left-wing nut job that gets banned for pushing the rules. I find more problematic the number of people who have been banned that didn't have that number of following or the means to fight, but then I also don't think anyone has a "right" to have a social media account. |
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This is the same as people saying "why is it only politicians on the right are getting covid?" If people on the left were throwing out dangerous conspiracy theories and outright lies they would suffer the same consequences. As for specific details I'm not sure what you are looking for, or why you think you are owed anything from a private company that can allow anyone they want on their platform and remove anyone they don't want. Lets not act like they didn't give people like Trump plenty of chances. |
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Do we know if the accounts of other anti vaxxers have not been removed? I think we only know about RFK Jr because he is RFK Jr. I think anyone who is in any way "controversial" on social media would love to know exactly where the line is between having their accounts suspended/removed and not. |
It's capitalism. Nitpicking a terms of service means nothing. These are business decisions.
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There are tons of social media creators who spew lies nonstop as part of their brand essentially without consequence. This will always be the case, since these platforms are far too big and far-reaching to police. I agree with you and GrantDawg that people who do so deserve whatever comes to them, but it isn't and never will be applied equally. It really *cant* be. Quote:
This is definitely a concern - and one that there's never any good answer to as mentioned above - but I'm more concerned about the customer/user end. It may well not be a good thing the level of information that the average person increasingly gets from social media, but it's a fact that isn't going away. I agree with sentiments voiced that nobody has a right to place on a platform etc., but that still leaves us with a situation where the gatekeepers of what is true, a lie, too controversial, whatever are making such decisions based on what makes for the best platform PR. That's a very bad situation for the good of society and inevitable leads to decisions that aren't about what's really dangerous, true, etc. but merely what's popular. |
If anything, I think most social media companies are too lenient on what they allow from big named members, and come down way too fast and hard on posters without large follower base. It is never going up completely fair, but they really should work on being better and more proactive in defining lines.
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Dola: for instance. I follow several smaller "resistance" twitter accounts. Some of the responses they get are vile and nasty. Reporting those tweets usually does nothing. But if the "resistance" account then say calls Ann Coulter a nazi in a response, it gets banned (an actual thing that happened).
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People got owned hard.
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Right. They totally should have reelected the republicans so McConnell could then spend the next 2 years obstructing everything Biden wants to do. That would have been so much better for America.
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Still clinging to that take eh? It was never 2000 on top of 600
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Actually it is $0 right now. |
I also wasn't talking about the amount. I was talking about how they promised stimulus checks out the door right away if they took the Senate. Everyone got played on that.
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You realize he has been in office 3 weeks and inherited a total shitshow? How about we blame the prior administration? |
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Other administration got $1800 out. Also it was their words that they would have checks out in a week. Dont make promises you can't keep. And don't let them off the hook on lies just because they are your party of choice. |
Other admin got 1800 out over 9 months. Is that really the hill you want to die on?
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It beats $0.
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If it is $0 in 8 months get back to us. |
Pretty sure the campaign message wasn't "hey we will pass stimulus checks in the next 8 months". Ossoff literally said a week.
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Which was a moronic thing to say with a divided Senate. Promise something completely unrealistic, and what's going to happen? Meanwhile they are still working towards getting it done for most of the people who reasonably expected it. When they give up/stop trying short of the point of putting it to a final vote, that's the time to get upset.
I don't see that happening yet, or any reason to expect it. |
If a couple banks were in trouble, they would have a bill passed by tomorrow afternoon to give them a trillion bucks.
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It must hurt to be so cynical |
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They passed $800 billion in TARP in like a week. AIG got $182 billion after a weekend of talks. The near trillion of dollars that were used to bailout financial institutions came together over an 8 day stretch. And it's still going on. When repo rates quickly spiked last September, the Fed jumped in immediately and pumped half a trillion in to bail out Wall Street. Is it cynical if it happens? |
TARP took several months from inception to passage and the initial framing was voted down in the House. That's just how legislation works. The actions of the Fed are obviously different as, for better or worse, they have the power to just act or not as they see fit.
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I mean if it's all about getting the money quickly sent out, they could've easily done that by making a deal to cut the amount and who gets it. Of course, then you'd accuse them of caving. |
Of course a lot of this likely would have been done already if Congress didn't have to deal with Impeachment... But the howling of caving would be every greater.
Remember the Rescue Act is in reconciliation right now after initial bills have passed the Senate and House. Sent from my Pixel 4 XL using Tapatalk |
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I can't remember a time before the last 4 years where the White House spin doctors brought so much negative focus on themselves. Of course the difference here is at least Ducklo was held somewhat accountable for his bullshit.
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Own goal by the WH there.
They should have just fired the guy. Or, if they aren't going to fire him, demote him to something where he's fetching coffee for the guys who fetch coffee for the other guys. |
Glad it'll be over soon. I agree that we should go through the process (even though it was pre-determined) just to get folks and evidence on the record. But I'm sure Biden will be glad to get this distraction out of the way.
I read somewhere there'll be movement on Immigration next week. I'm sure the stimulus will come back to the forefront also. Didn't pay any attention to Psaki/task force briefings so looking forward to them again. Quote:
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Blows my mind that this entire endeavor has gotten to the point where the going phrase is "I'll be glad when it's over."
I mean, we only had 6 years of Bengazi nonstop. This clearly exceeds that by leaps and bounds. Yet, it's something that must be pushed aside for 'real work'. I really hope that there continue to be congressional investigations into the who was there, and who helped them prior to it. The same thing is going to happen. The people who did it get some smacks, maybe someone goes to jail, but the people at the top get away mostly free. In other words. See 2008/9/10 to see how this ends. Oh, and fuck all those in the Senate who are essentially declawing an entire branch of government for the foreseeable future. |
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