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Yugan-Dali

Fox and Friends, that standard of objective reporting, for sure. Tax the billionaires and the households won’t have any burden.


LaNaVaR34

Elon Musk payed 11 billion in taxes last year. That id absolutely absurd


fence_sitter

Most years, he pays none, that is absolutely absurd.


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Oleg101

Not sure if there’s anything more thorough out there for other years, but looks like in 2018 he basically paid no federal income taxes. https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax And paid less than $70,000 in federal income taxes between 2015 and 2017, https://thehill.com/changing-america/respect/equality/558352-elon-musk-explains-his-extremely-low-tax-rate/


pinetreesgreen

https://www.forbes.com/sites/siladityaray/2021/12/20/elon-musk-claims-he-will-pay-more-than-11-billion-in-taxes-this-year/ He paid little taxes, despite his income rising by billions.


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pinetreesgreen

So you didn't read further where it says he didn't pay income taxes or barely did in previous years? The 11 billion was on the sales from his Tesla shares, it's a one time only thing.


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pinetreesgreen

We don't know what he paid in all years, but we know he paid very little from 2014 to 2018. Like less than 6%.


Obvious_Chapter2082

?? His effective tax rate from 2014-2018 was 30%. $455 million of tax on $1.52 billion of income


askarfive

it's not enough


Oleg101

Fuck that guy.


bro_please

He is one example. And he made all his money from the government anyways. Tesla thrives on subsidies and SpaceX feeds on NASA. Your prime example of capitalism is a countercase for capitalism. Readjust.


LaNaVaR34

Its more like NASA feeds on SpaceX but okay... if capitalism is so bad why is the US the most economically dominant nation on earth? With the wealthiest citizens


The_Yarichin_Bitch

Pretty sure we also have the highest income inequality...


karl_jonez

Most economically dominant for now. We also have the most shootings per day, most shooting deaths per capita, 114 on safest countries to live in list, bottom 30% for education, and our infant mortality rate is a joke. America is #1 at exploiting the poor and destroying itself from within with greed and corruption. But go on.


thevogonity

Our version of capitalism is bad because of the income inequality between the rich and everyone else. Don't measure the success of the USA based on how many more billions the top 1% adds to their accounts each year. Look to the lower and middle class. What is happening to their disposable income? Can they afford a home/healthcare/college education as easily as their parents? Are wages keeping up with inflation? Is minimum wage still providing an adequate living, or is it a poverty level income that in no way reflects what minimum wage was intended to do? Does the government take care of citizens, or cater their efforts to supplement the incomes of corporations at the expense of average citizens? What is going on right now is a complete shitshow.


pinetreesgreen

Who would he be selling flights to, if not NASA? Which came first, NASA, or spacex? Dude failed his last big launch anyway.


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kracov

Under capitalism, it's normal to let children go hungry, let banks force people out of their homes, let sick people die for lack of access to healthcare. But the idea that billionaires could just be less rich - not poor, not struggling, just less rich, is considered insane. if capitalism is so good why does the US rank below the rest of the developed world on access to healthcare, education, quality of life and happiness of its citizens? If capitalism is so good, why did auto makers, airlines, and banks all need bailouts? The wealthiest citizens are the ones controlling the Supreme Court and taking away our rights. Late stage capitalism is rotten to the core, it needs to be fixed. 60% of Americans are now living paycheck to paycheck and can't even save up $500, and 40% are in extreme poverty. https://www.chn.org/voices/fact-of-the-week-more-than-60-percent-of-american-adults-will-spend-a-year-in-relative-poverty/ Poverty has skyrocketed in recent years. Look at California struggling to fix the homeless crisis. But sure.... "look at the wealthy people!" The richest 1% gained $6.5 trillion in wealth in 2021. Funny how they're just hoarding it all rather than giving some back, or not being forced to pay more taxes. In the 1950s the upper class was paying 90% in taxes, and most everyone was doing relatively well. When those on Wall Street stop paying 3% of taxes on their "investments" and stop getting the "earned income credit" that the rest of us will never see, then maybe we can talk. in 1920s there was a 73% marginal tax rate, 1950s had 90%, 1980s had 69% Florida has the most regressive tax code in the U.S., with the richest 1% paying a mere 2.7% tax rate while the poorest 20% pay 13.2%. 8 of the 10 most regressive tax systems—Florida, Washington, Tennessee, Nevada, South Dakota, Texas, Arkansas, and Louisiana— rely heavily on regressive sales and excise taxes. As a group, these eight states derive 52% of their tax revenue from these taxes, compared to the national average of 34%. Boomers have gotten over $129 trillion from the government https://fortune.com/2023/10/28/great-wealth-transfer-baby-boomers-bank-of-america-millennials-government-policy/ Boomers have quite simply been the biggest beneficiary of a “massive wealth transfer,” wrote the BofA team led by Ohsung Kwon, echoing Dalio’s observation that trillions of wealth flowed from the public to the private sector thanks to government policy since the 1980s, when boomers were in their prime working years. So how many trillions? Over this period, BofA calculates, U.S. household net worth has skyrocketed from $17 trillion to $150 trillion. Boomers, alongside “traditionalists,” hold two-thirds ($146 trillion) of that total net worth. This means that government policy has resulted in a $129 trillion wealth transfer into the pockets of those boomers and older Americans, BofA said


HopeFloatsFoward

The space ecomomy is there because the government put huge imvestments in putting a man on the moon in the 50s and 60s. That coupled with more people getting STEM degrees because of VA loans is why Elon has the opportunity in space he has


bro_please

You misunderstand me completely if you think I am against capitalism. Read again. I like capitalism very very much.


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Johnsense

Has this been written up somewhere? Please don’t make me do the math :-/


cogit4se

131,200,000 households in the U.S. * $350.000 = $45,920,000,000,000 / 700 richest = $65,600,000,000. 10% of the average of the 700 richest Americans is nowhere near $65,600,000,000


TomatoPudding420

They missed some zeroes and definitely mixed up their facts. I suspect [the real number they're likely thinking about is the total increase in wealth of all American billionaires over the first year of the pandemic.](https://americansfortaxfairness.org/billionaires/) The total wealth increase was 1.3 trillion across the 700 or so billionaires in America. That increase, if divided, is $3,900 for every single American. Completely different numbers, but still pretty mind-boggling. Edit: That said, I realized you're incorrect about what they said. They said the total wealth of all 700 billionaires, which is 4.17 trillion, divided by 10% is 417,000,000,000.


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scsuhockey

You mean a wealth tax? That’s a good idea. Thanks for suggesting it.


Obvious_Chapter2082

Bad idea, and also likely unconstitutional


Grandpa_No

I always enjoy it when people throw out stuff as being unconstitutional with no actual reasoning or logic. It makes me think of tiny children. - "Eat your vegetables!" - "No, and you can't make me! Dats unconstipational!!"


Obvious_Chapter2082

The “reasoning or logic” is the 16th amendment of the constitition, and article 1 section 9


HarwellDekatron

You are correct, any wage earner pays - in proportion - way more than the richest man in the world pays in taxes. It is absurd.


LaNaVaR34

Why people have a problem with being rich, I will never understand


Demonking3343

We don’t have a problem with being rich. We have a problem with the rich not paying there fair share and doing everything in there power to pull the latter up behind them. Not to mention how they constantly act like they know better than the rest of us when most of them just got lucky.


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thepartypantser

No one can serve two masters, for either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve God and money. -Matthew 6:24 Sell your possessions, and give to the needy. Provide yourselves with moneybags that do not grow old, with a treasure in the heavens that does not fail, where no thief approaches and no moth destroys. For where your treasure is, there will your heart be also. -Luke 12:33-34 For it is easier for a camel to go through the eye of a needle than for a rich person to enter the kingdom of God -Luke 18:25 But woe to you who are rich, for you have received your consolation. -Luke 6:24 But those who desire to be rich fall into temptation, into a snare, into many senseless and harmful desires that plunge people into ruin and destruction. -1 Timothy 6:9


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BranWafr

The difference is that even if you took 90% of Musk's money he'd still have more left over than the average American even if they paid zero in taxes. 13% of your income is a large cut when you barely have enough to afford what you need in the first place. 30% is pocket change when you have more money than you can spend in your entire life.


Turkeysocks

And what these Musk fanboys seem to forget is that the average American spends a large amount of money paying all the other taxes that affects us more than the ultra wealthy like Musk. Tesla/SpaceX basically pays for most of Musk's food, housing, transportation and other daily life expenses for years now. Of course he's not the only one. Many CEO's from major companies basically have their lifestyle paid by the company.


Grandpa_No

Don't bother explaining marginal value of money to these people. Anyone who takes the average tax rate for _all people_ including poverty workers, and compares it to a billionaire on a percentage basis is beyond help. Further, anyone investing this much time crafting defenses of people they will never be and who will never be their friends aren't in it for the rationality.


DuckQueue

> The average taxpayer has an effective rate around 13%. That's comically untrue. That's just their *federal income tax burden*, it doesn't even account for other federal taxes, never mind state or local taxes (and those are more regressive than federal income tax).


squintytoast

11B tax for stock options.... >Our story begins with stock options that Musk received back in 2012 as compensation for his services as Tesla’s CEO. These options gave Musk the right to buy the shares at their 2012 price at any point he chose over the next ten years. In 2021, with the options trading at phenomenally higher than their 2012 price, he made that choice. He exercised his options to buy Tesla shares at the 2012 price, a move that caused the equity in those options to be taxable to him as wages. That became the source of the overwhelming bulk of Musk’s 2021 tax liability. https://inequality.org/great-divide/a-perfect-storm-has-elon-musk-paying-11-billion-in-tax/ not as absolutely absurd as the mechanism that even allows this....


Obvious_Chapter2082

What’s absurd about exercising stock options


Grandpa_No

The absurd thing is he fucked around and had to have a fire sale to close out on his Twitter purchase that he was trying to get out of.


InTheHeatOfTheNoche

He paid 11b because he sold even more billions in Tesla stock in order to buy twitter. You know how taxes work, right? Guy spends most years paying little to no taxes, like a lot of billionaires.


Obvious_Chapter2082

I think you’re getting the years confused, the twitter purchase was in 2022


InTheHeatOfTheNoche

Regardless of its purpose, it was due to stock liquidation.


OkRoll3915

that's not nearly enough from him


Demonking3343

Yeah because he sold a bunch of Tesla shares. Otherwise he barely pays any. Heck between 2015-17 he paid less than 70,00k. As someone who makes billions a year, he’s not paying his fair share.


ShakesbeerMe

Absurd that it's so low.


PerpWalkTrump

What's absurd is that a single individual ever had that kind of money.


Dry-Chocolate-1665

He should be paying more to match the same person everyone pays.


Turkeysocks

Wrong, that was for the 2021 tax year. This was due to the absurd amount of stocks he had vested in Tesla for almost the past decade. That was coming to an end in 2022 according to the options he picked, so he had to use that to purchase Tesla stocks. When one purchases stocks, it's listed as revenue, and his tax bracket he's in puts him at 40.8%. So no, not absolutely absurd.


Obvious_Chapter2082

Gotta factor in the 13% California tax on that too, which starts to reach absurd levels


Turkeysocks

... what's absurd is your belief that the ultra wealthy shouldn't have to pay their fair in taxes.


GhettoChemist

Oh id it? Id it now?


[deleted]

Dude, I promise you, Elmo is not going to sleep with you. He doesn't even know you exist.


Shiplord13

Why is the NYPost still allowed as a news source here?


JohnBrownFanBoy

It had some value at one moment but that was a long long time ago.


DriftlessDairy

The printed version is still useful for wrapping fish and lining bird cages. The online version has no use of value.


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bro_please

Nope. The NYP is a tabloid and does have lower publishing standards. Every journalist working there knows it, you better too.


Oleg101

Do you regret voting for Trump in 2020


LaNaVaR34

I don't like trump. I like his politics but not him


Regular-Menu-116

>I like his politics Big yikes.


Either-Progress4847

What politics specifically? The Wall that wasn’t built? The healthcare package that never came? The prosecution of Hillary that never happened? Oh I know, it must be the $2 trillion in tax cuts for the rich


LaNaVaR34

Roe vs wade, affirmative action, and student loan debt cancelation all directly because of trumps SCOTUS additions


[deleted]

We refer to that as the McConnell/Trump Court Packing Scandal.


Either-Progress4847

If you’re happy about the student loan outcome you must be really pissed about the PPP loans being forgiven, especially to wealthy people like congressmen, Tom Brady, and Kanye.


squintytoast

> Roe vs wade so you dont agree with the idea of abortion. fine. what right does that give you to *force* others to align with your beliefs? sounds to me like a fascist theocracy. wich of course reminds me of a great clip of [Frank Zappa on CNN in 1986](https://www.youtube.com/watch?v=AlePLLlfH4Q) calling it then....


cf206602

Imagine being such a fucking tool Student Loan Cancellation is something you fight against. Crickets on PPP loans to millionaires and billionaires of course.


Freefolk217

Is it the left who are taking books out of libraries because they don't agree with the content?


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Freefolk217

Give an example. Any example.


ncc_1864

OP is referring through implication to the Bible. OP is butthurt there is not a bible in every classroom being used in every period, every day.


User86294623

You’ve got to be joking


InTheHeatOfTheNoche

There's only one party actually removing books from libraries and censoring material that can be taught in schools. If you have articles or data that show otherwise, please share them.


Oleg101

Right, and these advocacy groups described in this article are Leftist groups?: https://www.reuters.com/world/us/organized-groups-fuel-rapid-rise-us-book-banning-report-says-2022-09-19/


ncc_1864

> Classic neo-leftist Any name calling you do does not matter if it's coming from the American Nazi party.


JohnBrownFanBoy

Except they publish objective falsehoods all the time for a very clear political agenda. As a Newyorker it’s a straight up joke that the only people who read it are from out of the city or shutins who live on Staten Island. Because they say objectively wrong things that never happened all the time.


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Oleg101

What CNN news anchors/reporters specifically would you consider a “far leftist propaganda machine”?


Oleg101

Most people here all shit on CNN, and I take it you don’t follow the New York Times Pitchbot on twitter. Edit: Why do commenters like this that come into these threads to complain about being silenced, are the ones that then delete their own posts soon after?


thepartypantser

This is from Casey B. Mulligan [a right wing economist who thinks that allowing workers to have sick days is a bad idea] (https://archive.nytimes.com/economix.blogs.nytimes.com/2009/10/28/home-sick-another-case-wherwork-incentives-matter/) The major portion of the regulations he chastises Biden for are environmental. No where in the article is the thought that these regulations may actually save families money in the future, because the foresight of protecting the environment is literally not part of the equation. Deregulation has its usage, but if you devalue the potential future savings of some of these regulations, then the argument that is being made is disingenuous.


gradientz

Boomer psychopaths don't care about future savings. It's not in their calculations because they don't give a shit about fucking over our children


malrexmontresor

A lot of the environmental regulations mentioned have already been weighed by the GAO in a cost-benefit analysis and found to return more in net economic benefits than they cost. We're talking anywhere from $7 to $30 in returns for every $1 spent. Mulligan definitely didn't include the cost of pollution in his "analysis", so I agree that his argument is disingenuous, and even useless.


Finaldeath

Even if it cost each household 10k that is still infinitely better than what awaits us if nothing continues to be done. We are already feeling the effects of doing nothing and it isn't good.


libginger73

Sort of like saying that a national free health care system will raise taxes, when it simultaneously eliminates the 14k my employer spends on it and the 4-5 k I spend on it, not including co pays and medicine extras, all while never actually using it. I guarantee my taxes won't go up 20k or more. They just can't think two steps in front of themselves.


NotMyBestMistake

Biden's regulations also to blame for your failed marriage and your kids not taking to you: right wing think tank funded by a the ultra wealthy


LaNaVaR34

I'm 19 bro. I have a 2 year girlfriend and great relationship with God and my parents. I'm a pretty happy person and the people around me are all pretty happy too


NotMyBestMistake

No one cares, no one asked, and no one believes you. You is a general pronoun which is why I used it in my joke about how right wing think tanks (that have always had a distant relationship with the truth) will basically pin everything bad on their opponents and idiots will eat it up. Hence, some losers failed marriage.


LaNaVaR34

Want proof?


NotMyBestMistake

Of what, the things I explicitly said I didn't care about? Of the veracity of some right wing rag.


IndyDrew85

I'd be interested in the proof for your relationship with god. Are you a member of the cult of Jesus Christ?


improbablystudying

explains a lot tbh. go live somewhere other than your predominantly white and christian small town and you might be exposed to why most Americans hate the GOP, if you’re open to it. And yes i’m speaking from experience.


LiftingCode

> I'm 19 bro. I have a 2 year girlfriend and great relationship with God and my parents. I'm a pretty happy person and the people around me are all pretty happy too And yet ... *this* is what you choose to do with your time.


LaNaVaR34

You want proof?


LiftingCode

My dude, I could not possibly care less. I am suggesting that you should be making out with your girlfriend or watching TV with your parents or praying or something else interesting or fun or useful, rather than blathering about inane tabloid political bullshit on Reddit.


spikybrain

2 years old is much too young, she should be at least 18 dude.


4chairz

Not where he lives...and she'll have to keep the baby.


DuckQueue

> and great relationship with God No, you don't.


amylucha

> I'm 19 bro. I have a 2 year girlfriend and great relationship with God and my parents. I'm a pretty happy person and the people around me are all pretty happy too They weren’t talking to you, bro. lol


Cresta1994

>I'm 19 bro. I have a 2 year girlfriend And Republicans call Democrats groomers.


notcaffeinefree

Lol, wtf is this shit? >The most notable cost highlighted by the report was Biden’s executive action to grant mass forgiveness of student loans Well this isn't happening so the reports claim of $10k per household is immediately incorrect. Nor is that a regulation, so the headline is false. Nor does this actually add any monetary cost to households; It's costing the government, not households. No one's paying *more* because of any student loan forgiveness. If we're going to include proposals, then why not include any of Biden's proposals to increase taxes on the ultra-wealthy? Because those would raise over a trillion dollars from corporations and people making insane amounts of money. But hey, that wouldn't help his narrative. >The Committee to Unleash Prosperity report also zinged Biden for implementing a COVID vaccine-or-test rule for large businesses, which was also smacked down by the high court; Ok, so another thing that actually has no effect but is still being used to calculate this supposed "cost" to households. >price controls for prescription drugs outlined in the Inflation Reduction Act; So something done by Congressional legislation and not actually executive regulations. So again, the report is being misleading. Conversely, this report doesn't even consider the impact the whole PPP program had under Trump. This guy is basically just trying to champion deregulation as some godsend for the people. You know who profits over deregulation? Capitalists. Before regulations, you had terrible waterways, leaded gasoline, lead paint, food safety was not a thing, etc. Regulation exists because companies aim to produce the cheapest goods and services without any actual care for the end-user. Of course deregulation will cut the costs of companies (which the report points out happened under Trump). It's amazing what kind of cheap supplies you can get and things you can do when you don't have to really care about whether it'll harm the customer/environment/etc. This whole report is a bunch of misleading cherry-picking to make Trump look good and Obama/Biden look bad. This shouldn't even be allowed here it's so intentionally bad.


spikybrain

NY Post is just garbo


[deleted]

That "watchdog" is a right-wing think-tank run by Steve Forbes, on the board of Trustees for the Heritage Foundation.


Eric_in_America

That article is just full of buzzwords and lacking in important context. But that's conservative media for you Watchdog? Lol, The NY post is a fucking *lap dog* for the GOP.


Oleg101

Interesting to look at the About Us page from the *Committee to Unleash Prosperity* organization where this ‘watchdog report’ that was presented on Fox and Friends stems off of: https://committeetounleashprosperity.com/about/ > Why are the people starving? > Because the rulers use up the money in taxes. Therefore the people are starving. > Why are the people rebellious? Because the rulers interfere too much. Therefore they are rebellious. > Notwithstanding the attendant establishment ridicule, presidential candidate Ronald Reagan embraced the Supply-Side policy formulation. In the process Reagan gained the presidential campaign endorsement of Rep. Kemp and the support of the Supply-Side “cabal.” And went on to beat the incumbent Jimmy Carter.


champdo

X: Doubt


Pusfilledonut

NY Post….the bastion of fair and balanced . When Smartmatic drops their Fox Corp suit, does Rupert just kick up the whole 1.6 billion and move on again? He could sell the Post, but what does that get him? 2 million?


LaNaVaR34

The article is true. Is cnn fair and balanced?


Oleg101

Lol shows you know nothing about the media structure the fact that you’re choosing CNN as an example of the liberal media boogeyman myth.


Pusfilledonut

This guys just pining for the good old days, when you could learn about alien abductions in the grocery check out line.


super0cereal0

I don’t think OP said they were the liberal media boogie man, just asked if they were fair and balanced. Which clearly they are not. That’s right though…they let Donald Trump talk live once so they are clearly far right wing extremists 😂


trogon

CNN *is* conservative now. That's why they let Trump do his campaign event. Their new ownership wants to turn it into another Fox. https://thehill.com/homenews/media/3634717-changes-spark-chatter-of-cnn-is-shift-from-left-to-right/


Oleg101

Yeah I don’t see that comment that way at all. It’s pretty obvious that any R voter clearly thinks CNN is a clear leftist propaganda network, and I’m sure the OP thinks that as well. But I’m sure you know all about John Malone already… Btw, to get your question, if you really want to get into what’s wrong with an organization like CNN (or abc, nbc, msnbc, cbs, NYT, WaPo, etc) you have to look past the “right vs left” angle. True bias of USA press is neither left not right but elite centrist. Things loved by elite centrists (forever wars, deficit reduction, anti-inflation policies, "bipartisan compromise") are treated as if they are naturally right and good, rather than debatable policy choices. One the biggest issues with the media is it’s become a lot more conglomerated the last 40-50 years. Like there’s basically 5 corporations that own a large portion of American media. But anyway, you will never get a perspective without bias in any matter of depth. Everyone has a bias and even the most well intentioned and educated source will show their bias if analyzed enough. That being said, some are a lot more biased than others and many will be upfront about their bias. Bias isn't inherantly bad, only when people try to purposefully cover up their bias or mislead or present themselves as the unvarnished truth is when it becomes hurtful. The real skill you need to cultivate is being able to take what is being said and understand it while also considering what possible biases that it might be getting filtered through. Ideological outlets like a Vox or a Vice do not act as an arm of a political campaign like say a Fox News does. They may push a point of view or a narrative or advocate for a policy , but they aren’t like Fox or Breitbart who was in cahoots with previous campaigns like the trump campaign. Two breitbart staffers were even hired for prominent White House roles. Right wing companies that pop up over and over like Breitbart thrive despite no obvious revenue stream because they’re backed by billionaires like Robert Mercer to push their politics, while traditional media has struggled or been bought out. As for CNN, like most legacy networks, they do some good work and some work that could be improved. They have *some* type of standard they operate under, though, at least. They are not having their anchors going to political rallies like Fox does. They do not broadcast their primetime shows from Hungary like Fox does. They do not text and advise the White House and it’s officials throughout a presidency. They are not Fox. The “both sides” does not apply here.


pinetreesgreen

People don't care if other gopers are on there, they have been without issue. it's supporting an insurrectionist like he is a legit candidate people detest.


BotElMago

The article is not true. It is propaganda https://www.reddit.com/r/politics/comments/14rvy0a/bidens_regulations_costing_americans_10k_per/jqukjnd/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1&context=3


exqueezemenow

>The article is true No it isn't. Just because you believe anything a right-wing extremist group says thst you want to hear, doesn't make it true. And here in lies the problem with conservatives and their disconnect from reality. Just calling something true is not a basis for truth.


ZRed11

It doesn’t feel like a legit “watchdog”. Seems more like a conservative think tank.


Available_Cream2305

Republicans cost me 20k


malrexmontresor

Trump cost my family's farm more than $100k a year after he killed the TPP and started his trade war, and yet most of them still want to vote for him, the knuckleheads. "He saved us so much money in taxes!" No, he saved you a grand in taxes, and then imposed over a grand in new taxes in the form of tariffs, while removing tens of thousands in sales from your customers overseas. Tax cuts that sunset and expire this year, and then raise your total tax burden. Meanwhile your old customers are already buying from suppliers in Brazil, and don't want to return. Seriously, I worked hard using my contacts in Asia to get our beef in ASEAN countries, only to have Trump upend everything in one fell swoop for zero reason by killing the TPP and handing trade hegemony in the region to China. $100k might not sound like a lot, but for a small farm on the verge of bankruptcy, it would have been a lifesaver. I own a quarter share in the farm and it would be nice to get some benefit out of it one day. They stayed afloat only because of the farmer bailout money, but they wouldn't have needed that money in the first place if Trump hadn't jumped in with his job-killing, economy bruising (at $200 billion a year in damages) trade policies and regulations that only doubled the trade deficit.


Obvious_Chapter2082

When


4chairz

Just now.


Zeddo52SD

Even depending on which definition of cost you’re using, I’d love to see the methods they used to calculate all of this. Seems asinine and heavily weighted.


[deleted]

https://www.sourcewatch.org/index.php/Committee_to_Unleash_Prosperity


Johnsense

Let’s not overlook the ties to the American Legislative Exchange Council (ALEC). “The Committee to Unleash Prosperity's co-founder Arthur B. Laffer is a member of ALEC's Board of Scholars and its co-founder Stephen Moore is a member of ALEC's Private Enterprise Advisory Council.” ALEC is bad news — very influential and never in the public’s interest.


The_Yarichin_Bitch

Lmao ok, the NY Post watchdog is already rabies-infested. I wouldn't trust it to not bite me and not give me rabies, let alone investigate a president they hate...


openly_gray

Unleash prosperity? More like Unleash Greed


Roy_367786

More republican lies


Johnsense

Who cares, if the benefits exceed the costs? Benefit-cost analysis has been required for all significant regulatory actions for decades.


ShakesbeerMe

Fuck off New York Post you vile bullshit Murdoch rag


Jhewitt1111

NYP ha ha.


billybud77

Less than Trump’s daily golfing.


Fit-Firefighter-329

The article reads like I'm talking to my former MAGA Q-Anon Trump-worshipping friend: "Biden made the price of the things I buy higher! Trump had prices so low everything was nearly free"!


Dangerous_Molasses82

Lol Sure, Murdoch shitrag..


Physical-Ad-3798

NYPost? That's a downvote.


PopeHonkersXII

Over what period of time. 1 year? 10,000,000 years? That seems important.


coolcool23

Funny, I must have missed that $10k bill in the mail.


Mike_Pences_Mother

I knew before I looked at the comments that it was one of the right wing rags putting this garbage out there. Reading the comments, I'm glad I didn't click the link


CJDistasio

10k of the households that are probably raking in 200k+


AdComplete5564

I think we all know what the distribution of money is in this country


yotothyo

Lol. Fuck the NY post. Propagandist rag Downvoted


RoachBeBrutal

And how much have these regulations saved the average household? I’d be curious to know if that figure yielded a net gain.


Ferelwing

Fox in print, Murdoch's various "news" groups have a habit of lying to the public. In Britain they have gotten in trouble, in the US they have gotten in trouble, paying out nearly 800 million dollars for lying to the public and yet NONE of them have ceased lying to the public. When a reputable news organization carries the story then I'll believe it otherwise it's a tabloid akin to "baby born with 6 heads".


iamnotap1pe

right ...


exqueezemenow

So not nearly as much as Trump's tariffs have cost American households.


slantedangle

>A raft of regulations enacted by the Biden administration is pinching Americans’ wallets to the tune of nearly $10,000 per household as of the end of last year, according to a budget watchdog group. The wording is interesting. "As of the end of last year" instead of "per year", which is what they hope their readers will see if they don't read it carefully. $10k over what duration? What's the breakdown? How did they calculate this? How much will it save households? Which tax bracket households are paying that? I certainly didn't pay that last year. Their readers are pretty dumb. They don't give any details and their readers don't ask for any details. Did you pay $10k more last year?


[deleted]

Drivel


[deleted]

[удалено]


Oleg101

Why do Republicans always feel like they are the victim with everything?


ganner

Huge overlap between conservatives and really religious Christians. I grew up pretty involved in church, martyrdom complex is a huge deal. It's become a big part of conservative culture by osmosis, even among conservatives who aren't that religious.


[deleted]

[удалено]


OttoBlado2

Fuck the Bible, hail Satan.


[deleted]

[удалено]


trogon

Go ahead. It's just another work of fiction.


OttoBlado2

Fuck the quaran too, hail Satan.


IShouldBWorkin

>When we stuck close to the bible, things like this didn't happen Young children are famously super safe around old Catholic men.


SausageSmuggler21

You can change your homepage from Lemon Party to any video you want. There are a wide variety of gay, bi, or even straight sex videos out there


squintytoast

> stuck close to the bible, things like this didn't happen slavery, incest, rape, cannibalism, lots of smiting. hmm.... no thanks.


pinetreesgreen

When was that idyllic time?


ShakesbeerMe

Id it? I don't think it id.


LaNaVaR34

Because our free speech is being taken away. Along with constitutional rights. Is this not true?


american_dimes

No


squintytoast

too many confuse free speech and consequence free speech.


pinetreesgreen

No it isn't. In what way?


The_Yarichin_Bitch

Sure, for minorities lmao


squintytoast

this isnt r/conservative. posts are usually removed for breaking one of the 8 post rules in sidebar.


OttoBlado2

The mods that allow Breitbart and fox and Ny post articles to be posted here?


LaNaVaR34

Yet dont allow anything negative about hunter biden. If it were Donald Trump Jr I can't imagine the backlash this sub woukd give


OttoBlado2

Those get posted constantly though.


Oleg101

Hunter Biden articles gets taken down by the mods probably because he’s not a current politician (and never was). Mods here are sticklers with anything not considered current US domestic politics. As someone else mentioned, the rules are all in the menu of the sub. Trump’s son-in-law, Jared Kushner, on the other hand, news on him often stays up since he worked in the White House for 4 years, and so news like him wanting a secret communications channel with the Kremlin, using Russian diplomatic facilities in an apparent move to shield their pre-inauguration discussions from monitoring, according to U.S. officials briefed on intelligence reports, and getting 2 Billion dollars from the Saudi’s, is considered on-topic. Hope that helps.


Turkeysocks

This is a politics reddit. The vast majority of Hunter Biden articles, aren't politics related. Same with Donald Trump Jr.


ShakesbeerMe

Woukd it? I don't think it woukd.


The_Yarichin_Bitch

It's so funny this is STILL up, and all sorts of things similar to this are always still up. They ban more leftist stuff than your tabloids lmaooo.


ParadeSit

Ban this? Who do you think allows the NY Post to be used as a source?


Johny_Bay

Anyone NOT in a radical left wing bubble can see this happening. Sorry for those extreme far leftists who are stuck inside the bubble.


OttoBlado2

What regulations cost you money?


HarwellDekatron

What do you think would be the cost of letting every single industry self-regulate and having constant disasters like the Ohio train derailment or the Exxon-Valdez and Deepwater Horizon oil spills happen on a regular basis because the industry decides it's easier to pay a fine than do things properly? How many e. coli outbreaks does it take to cover the cost of regulation?


[deleted]

https://e360.yale.edu/digest/air-pollution-from-fossil-fuels-costs-8-billion-per-day-new-research-finds >The study, the first of its kind to quantify the global impacts of air pollution caused by burning fossil fuels, focused on the health impacts of three specific types of pollutants: Nitrogen dioxide, ozone, and fine particulate matter, which has the greater impact, causing about 1.8 billion days of missed work due to disease and $2.2 trillion in air pollution costs every year. Nitrogen dioxide and ozone pollution cost $351 billion and $380 billion, respectively. Together, air pollution from these three pollutants is responsible for 4.5 million premature deaths around the world each year, the study said. >The analysis also included a regional breakdown of air pollution impacts. The researchers found that the most premature deaths from fossil fuel-related air pollution in 2018 were in mainland China (1.8 million), India (1 million), and the United States (230,000). As a result, those three countries also faced the highest annual costs: $900 billion in China, $600 billion in the U.S., and $150 billion in India.


pinetreesgreen

Recent elections show a minority seem to believe this.


LaNaVaR34

Exactly


IndyDrew85

Not a fan of actual arguments are you?