The Economic Consequences of Major Tax Cuts for the Rich [pdf]

Re:The Economic Consequences of Major Tax Cuts for the Rich ... by jimbilly22 on Monday July 26, 2021 @02:38PM (#27963405)

Here's one small example that I found illuminating and funny.

Bezos (a major political donor) lost a NASA contract for 10 billion to SpaceX. He freaked

So the US Senate, looking out for their buddy, simply added the 10 billion to their next budget directly for him:

https://theintercept.com/2021/05/25/jeff-bezos-blue-origin-s...

Just one small example

[ Parent | on HN ]

Re:The Economic Consequences of Major Tax Cuts for the Rich ... by missedthecue on Monday July 26, 2021 @02:44PM (#27963491)

"The Endless Frontier Act, a bill to beef up resources for science and technology research is being debated on the Senate floor this week. An amendment was added to that legislation by Democrat Sen. Maria Cantwell, to hand over $10 billion to NASA. Cantwell’s amendment is no sure bet though."

This doesn't sound like money for Jeff Bezos. It's money for NASA. What it sounds like is some tortured analysis of a bill that probably isn't going to pass by a journalist who also hates rich guys.

[ Parent | on HN ]