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comment by b_b
b_b  ·  1522 days ago  ·  link  ·    ·  parent  ·  post: Private-equity firm revives zombie fossil-fuel power plant to mine bitcoin

    Infrastructure is always something Democrats do and Republicans starve.

100% But right now, at least in MI, the already shitty road infrastructure is funded in part by gas tax. When that dries up, are the GOP going to be OK raising taxes elsewhere to make up the shortfall? We both know the answer is no. I'm not trying to argue that EVs are better or ICs are better in any specific way. I'm only trying to argue that we need to invest serious political capital into modernizing the way we pay for things we depend on.





kleinbl00  ·  1522 days ago  ·  link  ·  

I am firmly of the opinion that the Biden administration is fully at "Quick: Republicans are culture-warring - advance socialism!"

Tuning every country in the world to at least a 15% tax rate means they can drop the hammer on FAANG because while the composite tax rate in the US is a little bit lower than the rest of the developed world, the loophole soup we have here is principally what does it. The Biden administration can go through and kill loopholes that benefit large corporations and the public will be so busy arguing about Critical Race Theory that Amazon will be FUKT.

b_b  ·  1522 days ago  ·  link  ·  

We can all hope. I saw today that he instructed the FTC to change the way they look at mergers, non-compete clauses and other worker unfriendly rules. Incremental but at least in the right direction.

user-inactivated  ·  1522 days ago  ·  link  ·  

I really hope you're right, but to me it's looking like they can't manage to raise the minimum wage, pass any sort of voting rights laws, wealth taxes, etc, and Reps are predicted to take back congress in the midterms