News for hackers. Stuff that matters.
Re:Former President Trump is projected to win the presidency by a_victorp on Wednesday November 06, 2024 @06:41PM (#42071344)
Probably because they don't have much leverage in this area, with Biden continuing some of Trumps policies on tariffs.
Re:Former President Trump is projected to win the presidency by tw04 on Wednesday November 06, 2024 @07:00PM (#42071533)
Targeted tariffs as part of a trade war is significantly different than the proposed universal tariffs to "eliminate taxes" that he's proposed.

AKA: we figured out how to pass a consumption tax which disproportionately hurts poor people without calling it that because we know it's universally unpopular. When billionaires effective tax rate drops to what will probably be 1%, the wheels are going to REALLY fall off.

Re:Former President Trump is projected to win the presidency by hirako2000 on Wednesday November 06, 2024 @07:16PM (#42071666)
It isn't the poor that fund either political parties.
Re:Former President Trump is projected to win the presidency by paulryanrogers on Wednesday November 06, 2024 @09:05PM (#42072516)
Not their campaigns, no. But the labor of the poor make the world go around. And their votes count just as much as a billionaires.
Re:Former President Trump is projected to win the presidency by andsoitis on Thursday November 07, 2024 @08:04AM (#42076291)
> And their votes count just as much as a billionaires.

Billionaires fund, and in some cases directly craft, the narratives that shape the voter’s perception of the political landscape.

Re:Former President Trump is projected to win the presidency by paulryanrogers on Thursday November 07, 2024 @09:15AM (#42076813)
Solid point, I just wanted to emphasize the potential power of those at the bottom. Sadly they also aren't educated as thoroughly and so become prey to be exploited.
Re:Former President Trump is projected to win the presidency by hirako2000 on Thursday November 07, 2024 @02:22PM (#42079925)
For this they would need to unite. Those who fund to influence are doing so, so that it never happens.