https://sgp.fas.org/crs/misc/R47332.pdf

Wow. 70% as of 2022.

We don’t need tax credits.

We need Private equity out of the housing market.

We need better safeguards for tenants.

Financial moves like tax credits and incentives always end up benefitting the haves.

I manage a service engineering team for semiconductor equipment.

I did this right out of college. I’m not sure if it was the LNAPL measurements or the asbestos abatements but I really needed to get out of that industry.

Yeah. I don’t think banks will give a shit as long as the properties are insured. The banks worry is probably shifted to making sure that the insurer has enough capital not to go under in the event of a single catastrophic event where the insurer goes bankrupt.

Can you elaborate what your point is?

https://www.investopedia.com/articles/personal-finance/010715/worlds-top-10-oil-companies.asp

Data is 6 months old but total profit at the time for TTM was $350B across all ten top oil companies.

Chatgpt high level summary:

The U.S. Chamber of Commerce received an $800,000 donation from billionaire Hank Meijer shortly after endorsing his son, Peter Meijer, in a 2022 primary. This donation and subsequent ad spending for Peter Meijer have highlighted the issue of “dark money” in U.S. elections, where the ultimate sources of funding are not disclosed. Although the Chamber followed legal requirements, the timing raised questions about the transparency and motivations behind such contributions. The article underscores the broader problem of undisclosed political donations and their impact on voter information and trust in the electoral process.

Also with taxes going to the government… There is a lot of corruption designed to bring those taxes back in the form subsidies, projects, funding etc. No guarantee taxes end up where they are needed.

https://www.amazon.com/Whip-Pack-Whipped-Cream-Chargers/dp/B001MUJHKG

N2O

Inhale them.

Link

Neither Trump or Biden will reduce the power of the federal government. Some departments may take a hit and others will get a boost but it won’t be reduced. Way too much money to be made be keeping the beast of corruption for the rich moving.

Trump who you are voting for by not voting for Biden, absolutely is a globalist… With just the shittier parts of the globe.

Wasn’t trump the president who moved the US Embassy from Tel Aviv to Jerusalem? A move done to rally his base. Trump is absolutely pro israel and would love to see college kids shipped to a war zone so they can witness the atrocity of the war they are protesting…

Trump has actually… Proved he’s a foreign asset. Put in literally cannot wait for him to retake power so he can absolutely steamroll a legitimate democracy.

Fuck it wouldn’t shock me if Trump sold our military to the highest bidder.

Trump is absolutely an elitist… He has a fucking skyscraper with his name on it in downtown Chicago… What part of that screams… Salt of the Earth? What planet are you living on?

I get different answers.

“It’s too late now”.
“They’re (Dems) are just trying to save face.”.
“That bill is so packed with other things… You can’t trust it.”.

They will just always give their party the benefit of the doubt.

Link to his accounts:

https://grndcntrl.net/links/

This made me laugh.

Millenials can’t afford cars…

https://www.climate.gov/news-features/understanding-climate/understanding-arctic-polar-vortex

As of 2021 the science was not settled on the ice loss as a cause or an affect. This article goes into both theories.

You’d need huge investment in high speed rail. Tokyo to Osaka is about the same distance as Chicago to Des Moines Iowa. 3hr train vs 5 hr car ride. We could do it… But the density of travel between those locations would make a project like that a very poor investment, so the government would have to pay the bill knowing it would be at a loss.

Then you build this rail.

That’s the easy part.

Now I have to convince Des Moines to invest in better bus systems or trolleys to get people around in the city and the outlying residential areas. This is where these projects fall flat. Getting local municipalities to invest in public transit. Hundred people get off in Des Moines and unless someone is there waiting for them or they have their bike or left their car there. They’re stranded.

Its not sexy. It won’t get you re elected. It won’t be done in your term.

Delete this before a Ford Exec reads this.

Capital gains is always taxed at your normal bracket for holdings less than a year old and fall under special long term brackets for holdings >1 year. Those brackets are much smaller than income.

Capital gains isn’t the issue. The issue is people taking out loans against their securities or other assets at often very affordable rates (until recently). Those loans are their income, the interest on those loans are deductible and they never have to sell their assets.

As long as interest paid is lower than taxes on capital gains the behavior will never shift.