biden an selective tax threats

All taxes are selective

 

You'd just complain about that too

 

Most taxes are imposed to influence behavior, why do you think they heavily tax cigarettes and alcohol but not groceries? Why do they tax large wealth transfers but not your dad lending you $100? Sometime I think you just like complaining just to complain.

 

Political pandering. This idea probably disappears next Wednesday morning.

 

They would be higher if you taxed them, which you seem to want to do because someone proposed taxing something else. I mean personally, taxing the hell out of oil and gas who have made record profits in the last few years and giving that to people to pay rent a buy groceries sounds like a fantastic idea. Is that what you want?

 

You're right, that sounds overly complicated. We should nationalize or partially nationalize those industries and give every citizen a monthly check, kinda like Alaska.

 

Only sometimes?

 

I appreciate concerns about using taxes to target specific industries. But oil and gas companies are oligarchic in nature with barriers to entry, so it's a bit unique. I don't think there have the same competitive pressures as other industries. They are also profiting off of a natural resource. Not saying they shouldn't be able to make a profit, but we regulate insurance rates and we regulate utility rates. I'm not sure if that's entirely different from pressuring them to lower prices through tax measures; neither is based upon purely free market principles. This is just a conceptual gut reaction and not saying this is necessarily a good or bad idea.

 

It is somewhat interesting how price controls are basically anathema now, when before 1970, they were pretty much a normal consideration capitalist economies made at times of distress. The neoliberal revolution really killed a lot of pretty normal (though protectionist) trade policies, like tariffs and stuff too. So much so that econ nerds make fun of you for even suggesting them. But this is a profession that will tell you that price gouging is actually good.

 

So that's what Mullen is up to these days.

 

A politician uses the threat of increased taxes for political purposes? Who would have thought.
DeSantis says state will take control of Disney's Reedy Creek district

 

"Political pandering" is what someone called it I believe.

 

If true you seem to be suggesting that Biden is better at politics than DeSantis.