Government

The ugly numbers are finally in on the 2017 Trump tax rewrite | Salon.com

The ugly numbers are finally in on the 2017 Trump tax rewrite | Salon.com

Those making $50,000 to $100,000 for example, paid just three-fourths of 1 percentage point less of their incomes to our federal government. People making $2 million to $2.5 million saw their effective tax rate fall by about three times that much.

Now let's compare two groups, those making $50,000 to $100,000 and those declaring $500,000 to $1 million. The second group averaged nine times as much income as the first group in 2018.

Under the Trump tax law, the first group's annual income taxes declined on average by $143, while the second group's tax reduction averaged $17,800. Advertisement:

Put another way, a group that made nine times as much money enjoyed about 125 times as much in income tax savings.

This disparity helps explain Trump's support among money-conscious high-income Americans. But given the tiny tax benefits for most Americans, along with cuts in government services, it is surprising Trump enjoys significant support among people making less than $200,000.

The First Presidential Debate Was Completely Nuts

The First Presidential Debate Was Completely Nuts

In a sense, the debate was thus an accurate reflection of American politics in their current state: demoralizing, disorienting, and entirely revolving around the personality of the president. Trump interjected so often that many of the exchanges hastily devolved into shouting matches, knocking Biden off his kilter and forcing him to respond to whatever was being said. And while Biden was uninspiring, Trump’s interventions were, unsurprisingly, insane.

Don’t Deduct That Haircut Yet; Tax Court Has Rejected Such Claims : NPR

Trump Taxes: Don’t Deduct That Haircut Yet; Tax Court Has Rejected Such Claims : NPR

Now, you may be wondering, can I deduct my next visit to a salon or a barbershop?

The U.S. Tax Court has repeatedly ruled that the costs of maintaining an appealing appearance are not deductible, even for public personalities. In a 2011 case, the court ruled against a television news anchor who wanted to claim deductions for the costs of maintaining her personal appearance.

 

Blast From the Past

Blast From the Past

Shortly before sunrise on Sept. 22, 1979, a U.S. surveillance satellite known as Vela 6911 recorded an unusual double flash as it orbited the earth above the South Atlantic. At Patrick Air Force Base in Florida, where it was still nighttime on Sept. 21, the staff in charge of monitoring the satellite’s transmissions saw the unmistakable pattern produced by a nuclear explosion—something U.S. satellites had detected on dozens of previous occasions in the wake of nuclear tests. The Air Force base issued an alert overnight, and President Jimmy Carter quickly called a meeting in the White House Situation Room the next day.

NPR

Who Is Amy Coney Barrett, Possible Trump Supreme Court Pick? : NPR

While on the 7th Circuit, Barrett wrote that the Second Amendment did not necessarily ban people convicted of felonies from owning a gun. She declared a Wisconsin law, barring anyone convicted of a felony even if they aren't convicted of a violent crime, to be unconstitutional.

"[L]egislatures have the power to prohibit dangerous people from possessing guns. But that power extends only to people who are dangerous,"

I think she could be really good on the second amendment. On other issues she might be a wait and see. That said, I'm not the President nor am I sitting US Senator so I don't have much say in the matter. I do think we should wait until after the presidential election to pick the next Supreme Court Justice but I think she probably will be okay. 

TikTok’s Owner Is ‘A Mouthpiece’ Of Chinese Communist Party : NPR

New DOJ Filing: TikTok’s Owner Is ‘A Mouthpiece’ Of Chinese Communist Party : NPR

The Trump administration is accusing the chief executive of ByteDance, the owner of video-sharing app TikTok, of being "a mouthpiece" for the Chinese Communist Party and alleging that the tech company has a close relationship with Beijing authorities that endangers the security of Americans.

The Justice Department on Friday night filed the Trump administration's most thorough explanation of its push to ban TikTok in a legal filing in response to TikTok's lawsuit asking a federal judge to stop Trump's ban from taking effect on midnight Sunday.

414- The Address Book

414- The Address Book

9/22/20 by Roman Mars

Web player: https://podcastaddict.com/episode/112831093
Episode: https://dts.podtrac.com/redirect.mp3/media.blubrry.com/99percentinvisible/dovetail.prxu.org/96/2c99e896-6ced-4d4c-93bc-2c39c8242132/414_The_Address_Book_pt01.mp3

An address is something many people take for granted today, but they are in fact a fairly recent invention that has shaped our cities and taken on great political importance. Deirdre Mask is the author of The Address Book: What Street Addresses Reveal About Identity, Race, Wealth, and Power, which looks at all the ways the world has changed since the popularization of street addresses during the Enlightenment. The book examines how addresses impact wealth and poverty, and how they serve as proxies for our most contentious debates. Mask also explores a digital future where we aren’t reliant on the numbers on our homes to tell us where we are or where we’re going. The Address Book Order The 99% Invisible City