• 4 Posts
  • 3.21K Comments
Joined 2 years ago
cake
Cake day: June 11th, 2023

help-circle
  • RivalarrivaltoProgressive Politics@lemmy.worldHappy New Year!
    link
    fedilink
    English
    arrow-up
    1
    ·
    15 minutes ago

    Solution is to restore the 91% top-tier tax brackets we had during the most prosperous decade of the 20th century. A tax bracket that everyone will go out of their way to avoid.

    When you’re $10,000 over the bracket, you can keep $900 of that money for your stock portfolio and give the rest to the IRS, or you can spend $10,000 and pretend it is a “business expense”. That money you spend turns into someone’s paycheck; that $900 does not.

    When you’re a billion dollars over the line, you can keep $10 million of income and send $990 million to Uncle Sam. Or you can divest, and keep a lot more.

















  • Take an ice cube out of the freezer. Drop it in a glass of water. Take the temperature of the water immediately after you drop the ice in. Take it again after 5 minutes. Which measurement is going to be colder?

    Drop a red-hot nickel ball into a glass of water. Measure the temperature of the water immediately, and then again after 5 minutes. Which measurement is going to be hotter?

    Basically, the surface of the earth holds heat, which causes the atmospheric temperature to lag behind the heat input from solar insolation. The cold surface is still warming long after the summer solstice; the hot surface is still cooling long after the winter solstice. The atmospheric temperature extremes are closer to the equinoxes than the solstices.