TiberiusC

This is why economic growth is key to climate change. As disposable income grows for the median household, adoption for socially acceptable goods will increase. When you increase taxes and regulations everywhere, you decrease the ability to adopt pro-climate consumerism.

The real issue is that Mexico’s government has made their country more appealing for businesses than USA’s government has.

This is likely the most accurate take. Psychologically humans tend to categorize the median with the extreme outliers. That’s why we eat these kind of articles up, when instead we should be talking about how to start a successful business without coming from a rich family.

They are called dynasty trusts and the IRS allows shelter for up to only $11.7m per individual. After a google search I see there are many more states that allow them these days.

Economic empowerment is the single greatest strategy to improve the climate and that is the entirety of the Republican platform.

In South Dakota, there are no estate taxes and there are trusts that avoid federal estate taxes

Can’t you avoid estate taxes with a trust?

No matter who is in power, the wealthy always prosper, but at least one political party actively tries to reduce taxes for the rest of us.

Big pharma. They have a significant incentive to make sure that doesn’t happen.

This reminds me when I got my first job after college in America. Everyone and everything suddenly became very serious.

I think luck falls into the natural ability category.

Precisely. I even predict rates will lower under current levels before this administration heads out.

The difference is this prediction comes after a significant rise in stock markets and real estate.

> If someone buys an 8 unit condo building in 1980 and rents out each unit for a 20% profit, 20 years later they’re still making a 20% annualized profit…

I can tell you don’t own any investment properties.

Politics. Big Pharma heavily lobbies left-wing forces and in return gains the support of the media and big tech.

This may have been true two decades ago. Now AMZN’s biggest customer is the government

Wow this is amazing. Hopefully we can compile a list of all the different echo-chambers(I say this in a positive context, as positive as one can anyways) that stem off from this. Ex. HN for the politically Left or HN for the politically Right.

What if the anti-conspiracy videos start spewing conspiracies like in this case?

> Maybe, they mean that it will be not broadcasted on TV

Hopefully they mean daily numbers will be broadcasted like flu etc, not spammed hourly and only when providing meaningful, non-fearmongering, reporting.

Marginal for you, but not for the baker. Unless you too think 21%(+ about 9% in Cali) isn’t marginal. That doesn’t include all the misc taxes which push your overall rate of doing business closer to 50%. That’s just the llc(baker) rate

This is true in the US too, but reducing taxation is easier than reducing regulation. That said the same rings true for regulation as it is predominately a weapon used by the left

the corner baker is a llc last I checked

In the US, higher small business tax rates are championed solely by the left. This fact is more accurate in characterizing left/right centralized authoritarianism than tech metaphors ever could.