taxes లేబుల్‌తో ఉన్న పోస్ట్‌లను చూపుతోంది. అన్ని పోస్ట్‌లు చూపించు
taxes లేబుల్‌తో ఉన్న పోస్ట్‌లను చూపుతోంది. అన్ని పోస్ట్‌లు చూపించు

23 ఆగస్టు, 2026

"The rollout could’ve been better. Absolutely, I said the rollout has to be cleaned up and fixed."

Said Governor Kathy Hochul, quoted in "How New York’s Second-Home Tax Turned Into a Headache for Mamdani/The bumpy rollout of the tax created an opportunity for Mayor Zohran Mamdani’s opponents to fight him in court and in the City Council" (NYT gift link).
Ms. Hochul, was concerned about what she saw as clumsy messaging by Mr. Mamdani as he introduced the esoteric tax to New Yorkers. She told the mayor that he needed to be clearer about how the tax would be administered and whom it would affect, according to two people familiar with their talks, who spoke on the condition of anonymity to describe private conversations. The governor had taken note of how the mayor, a democratic socialist who campaigned on “taxing the rich,” was talking about the policy. In a widely seen video, for instance, the mayor had decided to highlight an especially expensive second home owned by a hedge fund manager, Kenneth C. Griffin.

“There’s a better way to do it,” said, Ms. Hochul a pro-business moderate. “Point to Russian oligarchs and Saudi princes” rather than someone who invests in the city, she added.
Here's that widely seen video, which, exclaiming "Oh, no!," I impulsively clicked off at the 5-second mark:


I did finally watch the whole minute. From the transcript: "This pied-a-terre tax is specifically designed for the richest of the rich, those who store their wealth in New York City real estate, but who don't actually live here.... This is a fundamentally unfair system that hurts working New Yorkers." 

What's "fundamentally unfair"? It's a child's reasoning: If someone has something that he's not using, it should be mine

The NYT calls the new tax "esoteric." I wonder what other adjectives it considered. Is it esoteric because it's hard for the general public to understand, or is it esoteric because it only applies to a discrete group of people?

1 ఆగస్టు, 2026

"Every time we find out something new about GLP-1, it's a positive.... They're now saying that it reduces the likelihood of stage one cancer going to metastatic cancer..."

"... by 50%. Every time we keep waiting for another shoe to drop, we find out, 'Oh, it's actually a good thing.' Everyone at this table is going to be on a GLP-1 within 24 months....  I think when you look at the studies around the upside versus the downside here, it's the most transformative technology in the world."

Says Scott Galloway, ticking off Bill Maher:

AND: Speaking of Scott Galloway...

31 మే, 2026

"The 100 percent tax idea is gaining traction beyond blue strongholds."

"In battleground Wisconsin, Democrats hope to flip the GOP-controlled legislature in the fall and have introduced the No Taxpayer Dollars for Insurrectionists Act.... The states’ strategy of taxing the payouts could face legal challenges. Lawrence Zelenak, a Duke Law School professor with expertise in taxes, noted that the late Supreme Court justice Oliver Wendell Holmes Jr. once said that 'the power to tax is not the power to destroy while this Court sits,' nodding to the tool’s limits."

From "Blue states pitch 100 percent tax on Trump’s ‘anti-weaponization’ payouts/'If you storm the Capitol and you take from this slush fund, too bad, we’re taking it,' one New York lawmaker said" (WaPo).

Why stop at 100%?

21 మే, 2026

Meade: "Super bloggable, no?" Me: "trying to find an inroad/the photo is overwhelming emotionally"

That's the text conversation here in Meadhouse after I send this to Meade:

 
The eagle — encrusted in gold and seemingly headless — launches into flight, away from us.

Let's see what the particular example of corruption this is — this, the worst example ever. There's never even ever been anything like this. Do you know what example this one is? There have been reactions of horror to so many things Trump has done, but "corruption" is a key hint, suggesting a money grab, and yes, you guessed right, didn't you?

15 మే, 2026

"President Donald Trump is expected to drop his $10 billion lawsuit against the Internal Revenue Service in exchange for the creation of a $1.7 billion fund to compensate..."

"... allies who claim they were wrongfully targeted by the Biden administration, sources familiar with the matter told ABC News. The commission overseeing the compensation fund would have the total authority to hand out approximately $1.7 billion in taxpayer funds to settle claims brought by anyone who alleges they were harmed by the Biden administration's 'weaponization' of the legal system, including the nearly 1,600 individuals charged in connection with the Jan. 6 Capitol attack as well as potentially entities associated with President Trump himself."

9 ఏప్రిల్, 2026

After a year of using A.I., TurboTax looks and feels maddeningly clunky.

I paid for TurboTax and TurboTax kept goading me to pay even more to get more help from some additional service, but, of course, I took all my questions to Grok. Somehow it took me hours. What used to feel fast and helpful now feels archaic, abstruse, and ugly. I'm having deja vu. Did I say this last year? No, but looking for that, I found this:

13 డిసెంబర్, 2025

"[Hungary] now spends 5 percent of its gross domestic product on family policies, a greater percentage than what the United States devotes to defense."

"It offers grandparental leave. It furnishes reduced mortgage rates to married couples planning families. It provides parents $30,000 loans — which don’t need to be repaid if they have three or more children. On Oct. 1, all women with three children gained lifetime personal income tax exemptions. Next year, mothers under 40 with two kids will become exempt as well. 'For the long-term survival of a nation, it is worthwhile,' said Hungary’s culture minister, Balazs Hanko...."

From "Can governments actually spark a baby boom? These countries are trying. Governments are testing whether a mix of perks, incentives and ideology might reverse shrinking population trends. Here’s what they’ve learned" (WaPo).

20 ఆగస్టు, 2025

"The Democratic Party Faces a Voter Registration Crisis/The party is bleeding support beyond the ballot box, a new analysis shows."

That's the headline in the lead article at the NYT this morning. 

Here's a free access link. Excerpt:
There are still more Democrats registered nationwide than Republicans, partly because of big blue states like California allow people to register by party, while red states like Texas do not. But the trajectory is troublesome for Democrats, and there are growing tensions over what to do about it. Democrats went from nearly an 11-percentage-point edge over Republicans on Election Day 2020 in those places with partisan registration, to just over a 6-percentage-point edge in 2024.... 
It must be quite a crisis or I don't think the NYT would openly call it a crisis. They even used my favorite word, "flummox": "... Democrats are divided and flummoxed over what to do."

A big part of the problem is that they can't use nonprofits the way they used to:

11 జులై, 2025

"Now that Trump and his lackeys in Congress have passed his crazy idea of no taxes on tips, I'm wondering how you think those of us who would like to see tipping go away should respond?"

"This is particularly pertinent in light of Bowser's dishonest effort (acting on behalf of the restaurant industry lobbyists) to overturn the will of the voters for the second time by repealing I-82. Even though tipping mainly benefits employers by transferring to their customers a large part of the responsibility for paying their staff, it would probably temporarily hurt workers to go cold turkey and just go on a tipping strike (although in the long run getting rid of tipping would help both customers and workers). But what about taking a baby step and reducing the going rate for tips from 20% to 15%? Since tips are now tax free, the net impact on workers should be minimal."

A letter to the Washington Post food critic.

I had to ask Grok about that 1-82/Bowser business. Answer: here. It's the problem of the "tipped minimum wage." The letter-writer is not a selfish bastard but a progressive reformer. I think. But I bet the selfish bastards are out there, ready to scale back tips to capture the tax break intended for others. But most of us participate in the proud American tradition of generous tipping. That's how the norm crept up from 15% to 20%.

When you read "Bowser," did you immediately know it meant the mayor of Washington D.C., Muriel Bowser? I had no idea. It struck me as absurd. The only Bowser I could think of was Bowser, the lead singer of Sha Na Na. 

9 మే, 2025

"The problem with even a 'TINY' tax increase for the RICH, which I and all others would graciously accept..."

"... in order to help the lower and middle income workers, is that the Radical Left Democrat Lunatics would go around screaming, 'Read my lips,' the fabled Quote by George Bush the Elder that is said to have cost him the Election. NO, Ross Perot cost him the Election! In any event, Republicans should probably not do it, but I'm OK if they do!!!"

Writes Trump, on Truth Social.

2 మే, 2025

Does "We are going to be taking away Harvard’s Tax Exempt Status" = "he is stripping Harvard University of its tax-exempt status"?

I'm reading the NY Post:
"President Trump said Friday he is stripping Harvard University of its tax-exempt status.

“We are going to be taking away Harvard’s Tax Exempt Status. It’s what they deserve!” he said in a Truth Social post.
I think the post is losing something in the paraphrase. Trump's post speaks of doing something in the future. The NY Post portrays him as in the process of doing it now.

In any event, this is a big deal. Also a big deal in the news this morning: "Trump orders end to federal funding for NPR and PBS" (NPR). 
President Trump signed an executive order Thursday directing the Corporation for Public Broadcasting's board of directors to "cease federal funding for NPR and PBS," the nation's primary public broadcasters. Trump contends that news coverage by NPR and PBS contains a left-wing bias. The federal funding for NPR and PBS is appropriated by Congress....

"Which viewpoints NPR and PBS promote does not matter," the executive order says. "What does matter is that neither entity presents a fair, accurate or unbiased portrayal of current events to tax-paying citizens."

27 ఏప్రిల్, 2025

"If film and if film and TV productions continue to move out of California due to tax incentives in other states what might the future look for Los Angeles? Is there a risk of it becoming the next Detroit."

That's a question from the audience, and Bill Maher snaps, "Well, there's no need to shit on Detroit in the question! Detroit's a fine city. Detroit!"



So you can see the need to "shit" on Detroit. It's a city with one iconic industry, and it lost it and went into severe decline. It pithily expresses the threat to L.A.

In that Bill Maher/"Overtime" clip, Adam Schiff says that because the movie industry is a "prize economic and cultural driver of the United States" — and he loves movies — the U.S. needs to offer tax incentives.

The other guest, Bret Stephens asks: "But why should it just be for Hollywood? It should be for normal people. It should be for any kind of entrepreneur, not just celebrities... whose pictures and whose faces you know.... It shouldn't just simply be a favorite industry — Oh, we can't lose our our movie stars!"

15 ఏప్రిల్, 2025

"Perhaps Harvard should lose its Tax Exempt Status and be Taxed as a Political Entity if it keeps pushing political, ideological, and terrorist inspired/supporting 'Sickness?'"

"Remember, Tax Exempt Status is totally contingent on acting in the PUBLIC INTEREST!"

Said Donald Trump (on Truth Social).


The demands — in the words of the NYT — are "that the university reduce the power of students and faculty members over the university’s affairs; report foreign students who commit conduct violations immediately to federal authorities; and bring in an outside party to ensure that each academic department is 'viewpoint diverse,' among other steps."

13 ఏప్రిల్, 2025

Mom & Pop Accounting.

20 ఫిబ్రవరి, 2025

"Donald Trump announced the External Revenue Service and his goal is very simple: To ABOLISH the Internal Revenue Service (IRS) and let all the outsiders pay."

18 జనవరి, 2025

"My guess is that regardless of what happens in Tom’s criminal case, SCOTUSblog will endure."

"Tom scaled down his involvement with the site years ago—if the indictment is to be believed, he had a lot of other things on his plate—and today SCOTUSblog is really run by Amy Howe, its main courtroom reporter, and Ellena Erskine, its editor. I see no reason why Amy, Ellena, and SCOTUSblog’s nine regular contributors can’t continue their excellent and invaluable work. I don’t know—and can’t imagine—what’s going on in Tom and Amy’s marriage right now... If Tom and Amy go their separate ways (or even if they don’t), they should squarely place all ownership and control of SCOTUSblog in Amy’s hands.... And as a loyal reader of SCOTUSblog pretty much since its inception, I hereby volunteer to do anything in my power to keep it up and running...."

Writes David Lat, in "SCOTUSblog Founder Tom Goldstein Hit With 22-Count Federal Indictment/A lengthy indictment accuses the once high-flying Supreme Court lawyer of massive tax evasion—tied to multimillion-dollar poker losses and multiple affairs" (Substack).

Lat thinks Goldstein's future is not all used up: "He’s only 54, and he still has the intelligence, hard work, and hustle that allowed him to launch a leading Supreme Court website and become one of the nation’s top SCOTUS advocates, even though he never clerked for the Court or graduated from an elite law school. And if the allegations are true, Tom has an unimaginable amount of energy: he was somehow able to argue before the Supreme Court, run a law firm, win and lose tens of millions in high-stakes poker, juggle a dozen women, oversee SCOTUSblog, and raise two kids... He also helped develop a pitch for a television show based on his life and career, which got picked up for development by NBC in 2009. The program, tentatively called Tommy Supreme, never made it to the screen...."

But now the story is far more exciting — especially if he's guilty. Lat sketches out possible futures for Goldstein — including "a pardon from Trump." And, interestingly, Goldstein published "End the Criminal Cases Against Trump" in the NYT (last November, just after the election). But if the idea is to produce a great redemption story —  worthy of that TV show — it can't end with a presidential pardon.

11 డిసెంబర్, 2024

"During the Cold War, we classified entire areas of physics and took them out of the research community—entire branches of physics went dark..."

"... and didn’t proceed. If we decide we need to, we’re going to do the same thing to the math underneath AI."

Said Marc Andreessen, on the podcast "Honestly with Bari Weiss." Here's a transcript of the entire podcast. Excerpt, giving context to the quote above:

26 అక్టోబర్, 2024

Joe Rogan talks to Donald Trump for 3 hours.


I'm one hour into it, and the 2 men have great rapport.

He courted the show’s young male audience by floating the idea of eliminating the income tax, talking about mixed martial arts fighters, praising the military skills of Gen. Robert E. Lee and speculating that there was “no reason not to think” there could be life on Mars and other planets....

Why not say he "courted" the old women (like me) by talking about the length of the bed in the Lincoln bedroom and how badly depressed Mary Todd Lincoln was after her son Tad died?

Mr. Rogan seemed to back Mr. Trump’s questioning of election processes, at one point likening those who raised concerns over elections to those who questioned coronavirus vaccines.

“You get labeled an election denier,” Mr. Rogan said. “It’s like being labeled an anti-vaxxer if you question some of the health consequences that people have from the Covid-19 shots.”...

What I thought was so interesting was the first topic: how Trump felt when he found himself suddenly President. If that's not a topic for women, I don't know what is, especially when Trump centered the description on his interest in seeing the Lincoln bedroom and imagining the feelings of Abe and Mary. I loved Trump's (seeming) openness, as he repeatedly described his subjective experience as "surreal."

11 జూన్, 2024

Why I read something this blurry.

I'd just watched "What a Way to Go" — the Criterion Channel is featuring Shirley MacLaine movies — and checking Rotten Tomatoes, I saw that Joan Didion wrote a review in the May 1964 issue of Vogue. I could subscribe to Vogue just to read that paragraph, but I found that by calming down and believing in myself, I could read it. It's not much different from reading without one's reading glasses. It's an apt and pithy review. "What a Way to Go" was a big movie in its day, so it deserves the bad reviews it got, but 60 years later, it's fun to look at the stars and the costumes and the sets. The Hollywood that produced it no longer exists. Nothing to get mad at now. Here's a sentence from the contemporaneous NYT review by Bosley Crowther:
Inspired by a Gwen Davis story, which has not swum into my ken, so I cannot tell you how fairly or fouly it has been used, the team of musical-comedy writers is making kookie jokes about a girl whose sad fate it is to marry a succession of burgeoning millionaires.

The "girl" hates money, loves Henry David Thoreau, and only wants to live the simple life, but the movie seems to have been made on the theory that the way to make good art is by spending as much money as possible.