This was supposed to be a September post, but I'm doing it at year-end: 2023 marks four years that I've maintained a weight 100 pounds down from my 2016 weight.
People are like, "that 'bloodbath' quote is out of context, Trump was talking about putting 100% tariffs on foreign cars."
OK, so let's talk about why *that* part is insane....
Fortunately for Dems, there are about a gazillion clips of Trump helpfully proclaiming that he's responsible for the Dobbs decision. But there are still a lot of weirdly misinformed voters out there.
Hawley's career supposedly being over because of the video of him running through the Senate halls seems like a definitive "Twitter isn't real life" moment.
While most of the public only recently became aware of it, the global G-20 tax agreement is the culmination of nearly 10 years of negotiations and work, all sparked by the growing realization that the int'l tax rules are ill-equipped to deal with the modern economy.
I love how, when you honk at someone who's blocked the box at an intersection, they throw up their hands, like "what do you want me to do?"
I want you to feel SHAME.
I still think Disney got it exactly backwards with Star Wars--they should have done the smaller TV shows and other media first, building up to the big event movie.
A day late with this, but one fun fact about Orson Welles is that he became a U.S. Treasury Dept. employee, paid $1 a year, to lead the 5th World War II War Bond drive. The war bond program is one of the great untold stories of WWII, I wrote about it here
People wondering what a Lego lobbyist would do--they're a huge importer, one of the biggest toy sellers in the U.S, and they're opening more factories here. Whoever gets this job will have their work cut out for them.
"Look at the Senators who are making these decisions here... Manchin, less than one percent of the U.S. is what he represents. Sinema, just about two percent... and yet they hold all the power right now,"
@AriMelber
on the clash in Congress
This kind of hits something that's been on my mind--"Resistance" Dems seem to think that if they can establish that Trump/MAGA is so out of bounds of normal partisan politics, they'll just win by default. But that's not how it works. U just gotta beat him.
My problem with the whole “MAGA Republicans” thing is Obama/Trump crossover voters matter a lot — why emphasize discontinuity rather than continuous plutocracy?
In the wake of "Oppenheimer," I'm working on my pitch for a movie about the inner turmoil of Treasury Secretary Henry Morgenthau after instituting widespread income tax filing to meet revenue needs during WWII.
FINAL SCENE: [close-up]
"My God, what have I done?"
This was supposed to be a September post, but I'm doing it at year-end: 2023 marks four years that I've maintained a weight 100 pounds down from my 2016 weight.
Something getting very little notice--if Congress isn't able to pass any changes to the GILTI tax, the U.S. will be out of compliance with the OECD global minimum tax agreement it itself spearheaded, and U.S. corps could face retaliatory taxes.
I gained about 20 lbs during 2021. 😡 But this is pretty good for me, because I'm ~95 lbs down from 2016 and I've lost about 20 lbs since the summer.
Also weight is pretty low on the priority list in COVID times, what I'm prouder of is staying active & striving to be healthier.
Boba Fett is one of the most overrated characters in pop culture history, and to make him more interesting you have to sacrifice what makes him even a little bit cool.
"Afghans refused to fight for themselves" is one way to look at it. "We failed to create and sustain civic institutions that citizens felt were worth fighting for" is another.
It's not just about tax rates. It's about the rules that countries mutually agreed to on defining taxable income across borders, that were under more and more strain. The subjectivity was becoming easier and easier for multinational corps to manipulate.
Followed politics long enough that I've now seen several administrations come in and vow not to make the same legislative mistakes as the prior one, and then make totally new mistakes.
You get the feeling that Schumer/Manchin included carried interest in the IRA as something that Sinema could oppose and claim victory on, almost like a decoy target?
Matt Gaetz has pulled off what is probably the greatest dog-that-caught-the-car moment in American political history. Now comes the time when the dog has to concede he has no idea what to do next.
It's kind of weird to me that the 55 non-tax-paying companies are a constant reference in the reconciliation debate, but nobody wants to talk about the main reasons *why* they're not paying tax.
The movies themselves didn't seem to get the implications of the Architect's speech. He explains why everything you thought you knew from the first movie was wrong, and then it's on to another fight with flying space squids.
Quality aside ("Revolutions" is pretty draggy), I feel like the "Matrix" sequels are disliked because they replaced the heroic metaphor of the first one with a more powerful but less fun "lol nothing matters, we're stuck in a loop" metaphor.
Serious point: I'm always amazed that foreigners I talk to, even those who live halfway around the world, will know more about the goings-on here in the U.S. than many Americans. Fascination with the American way of life is real and global.
The pulp novel and radio character The Shadow was the precursor to Batman and the superhero genre in general. And what's fascinating is that he was developed mostly by accident, at a time when Americans craved heroes as dark as the villains they feared.
Kind of funny that Hayden Christensen had one great performance in him as a soulless sociopath, and it wasn't when he played Darth Vader, it was when he played a sniveling, fraudulent DC reporter.
ME: Stocked up on frozen dinners and canned food, I'm set to not leave my house much until February.
FRIEND: Yeah, I've had to cancel a lot of plans thanks to Omicron.
ME: Omicron?
Funny sequence of events--Yellen says a global tax deal will allow them to raise the corp tax rate, U.S. helps strikes global tax deal, administration admits it can't raise the rate.
So let me get this straight: Elon Musk can smoke a joint on Joe Rogan's podcast and SpaceX gets millions in federal contracts, but Sha'Carri Richardson tests positive for THC and she's disqualified from the Olympics?
Some news from inside Elon’s war room: Twitter is strongly considering making verified users pay $4.99 a month to keep their badges.
Many questions remain. Subscribe to read ➡️
The min tax deal doesn't totally solve this--it targets one part of the problem, the treatment of intangible assets like IP. Because those are so nebulous and valuable, it's difficult for tax authorities to peg their fair market values, which is the basis for taxing them.
Rep. Frank Pascrell begins comments decrying internment of Italian-born Americans during WWII, winds his way to connecting it to the SALT deduction cap.
Of course easy to say that now. I'm not sure any path would have really worked. But it always really rubbed me the wrong way how JJ Abrams jumped over the interesting story of how the Dark Side re-emerged to get right back to the action. Made the whole thing feel unearned.
If you're vaccinated and decide to go out to the bars, be sure to stay masked. It won't make much of a difference with COVID but it will prevent you from consuming alcohol, a very dangerous substance.
Without getting too deep on the nuts & bolts of this, the min tax looks for situations where it's likely that a company has parked IP--a subsidiary in a low-tax jurisdiction with high profits but little workforce or substance. And it taxes it.
Some have questioned the veracity of this tweet, and candidly I goofed. I meant time between the 2004 movie "Troy" and the original publication of "The Illiad." The war actually happened a few centuries before that.
When Batman writers couldn't decide what religion, if any, Batman is, Chuck Dixon ultimately proclaimed that he was Catholic.
"No Protestant suffers guilt like Bruce Wayne does," he said.