Red Mosquito

tree_ wrote:goddamn it it fucking blows my mind there are so many people like macphisto in this god forsaken country. macphisto, you are the problem, you fucking moron

4/5 wrote:

Mickey wrote:To be a little fair to Trag, there are some paths a president could take (which both Trump and Obama reportedly considered) to change tax code through executive action. The arguments are that you can cut taxes by directing the treasury and IRS not to collect or enforce them (Trump floated doing this with the payroll tax) and you can increase taxes by directing them to eliminate certain loopholes (Obama floated doing this with certain corporate taxes, and Sanders had included this in some of his plans). But AFAIK it hasn't actually been done before, and it seems like it would mostly be nibbling around the edges rather than actual tax increases. More importantly, it's not clear to what extent it would hold up, especially if the opposition controls the Senate AND SCOTUS.

This is why I originally asked the question. FDR even issued an executive order that attempted to essentially establish a 100% marginal tax rate by establishing a salary/wage cap of $25,000.

macphisto wrote:

tree_ wrote:goddamn it it fucking blows my mind there are so many people like macphisto in this god forsaken country. macphisto, you are the problem, you fucking moron

Cool personal attack. Enjoy your vacation from the board.

Mickey wrote:And I mean, sorry Trag, but if you think Biden is going to somehow buck a decades-long trend and pick up seats during his first midterm election....

Mickey wrote:

4/5 wrote:

Mickey wrote:To be a little fair to Trag, there are some paths a president could take (which both Trump and Obama reportedly considered) to change tax code through executive action. The arguments are that you can cut taxes by directing the treasury and IRS not to collect or enforce them (Trump floated doing this with the payroll tax) and you can increase taxes by directing them to eliminate certain loopholes (Obama floated doing this with certain corporate taxes, and Sanders had included this in some of his plans). But AFAIK it hasn't actually been done before, and it seems like it would mostly be nibbling around the edges rather than actual tax increases. More importantly, it's not clear to what extent it would hold up, especially if the opposition controls the Senate AND SCOTUS.

This is why I originally asked the question. FDR even issued an executive order that attempted to essentially establish a 100% marginal tax rate by establishing a salary/wage cap of $25,000.

Yeah I mean, it's not a crazy idea outside of present context but, leaving aside the question of whether Biden would even do this, can you imagine Mitch or the new SCOTUS power-trio letting it stand?

Strat wrote:

Mickey wrote:And I mean, sorry Trag, but if you think Biden is going to somehow buck a decades-long trend and pick up seats during his first midterm election....

Is it crazier to believe that the dead vote swung the election than Biden being able to procure enough swing votes in the senate for any given measure ?

4/5 wrote:

Mickey wrote:

4/5 wrote:

Mickey wrote:To be a little fair to Trag, there are some paths a president could take (which both Trump and Obama reportedly considered) to change tax code through executive action. The arguments are that you can cut taxes by directing the treasury and IRS not to collect or enforce them (Trump floated doing this with the payroll tax) and you can increase taxes by directing them to eliminate certain loopholes (Obama floated doing this with certain corporate taxes, and Sanders had included this in some of his plans). But AFAIK it hasn't actually been done before, and it seems like it would mostly be nibbling around the edges rather than actual tax increases. More importantly, it's not clear to what extent it would hold up, especially if the opposition controls the Senate AND SCOTUS.

This is why I originally asked the question. FDR even issued an executive order that attempted to essentially establish a 100% marginal tax rate by establishing a salary/wage cap of $25,000.

Yeah I mean, it's not a crazy idea outside of present context but, leaving aside the question of whether Biden would even do this, can you imagine Mitch or the new SCOTUS power-trio letting it stand?

I'm not sure what Mitch could do because Biden would have the House on his side, but yeah the Supreme Court would (rightly) stop anything like that from going into effect before the ink dried.

tree_ wrote:i'm sorry, macphisto, it's just too much.. half the country is crazy and dangerous and you're one of them.. i have to say it

macphisto wrote:

tree_ wrote:i'm sorry, macphisto, it's just too much.. half the country is crazy and dangerous and you're one of them.. i have to say it

You know very little about me. Don't be such a bigot.

Mickey wrote: I meant that these gambits are usually an attempt to force the Senate's hand, make them take action, and I think Biden loses that stare-down.

4/5 wrote:

Mickey wrote: I meant that these gambits are usually an attempt to force the Senate's hand, make them take action, and I think Biden loses that stare-down.

Gotcha. Yeah I don't think McConnell is physically capable of blinking at this point, just licks his eyeballs to provide the moisture. So he has a pretty big competitive advantage in any stare-down scenario.

macphisto wrote:

tree_ wrote:i'm sorry, macphisto, it's just too much.. half the country is crazy and dangerous and you're one of them.. i have to say it

You know very little about me. Don't be such a bigot.

4/5 wrote:

macphisto wrote:

tree_ wrote:i'm sorry, macphisto, it's just too much.. half the country is crazy and dangerous and you're one of them.. i have to say it

You know very little about me. Don't be such a bigot.

Yawn.
macphisto, is it possible or is it impossible that Biden could legitimately win this election?

macphisto wrote:

4/5 wrote: macphisto, is it possible or is it impossible that Biden could legitimately win this election?

Absolutely possible. I didn't like Cheeto's chances at all going into the election, but now everything has changed.

4/5 wrote:

macphisto wrote:

4/5 wrote: macphisto, is it possible or is it impossible that Biden could legitimately win this election?

Absolutely possible. I didn't like Cheeto's chances at all going into the election, but now everything has changed.

Can you elaborate on what has changed? Fwiw, I agree that he has a better chance right now than I thought he'd have. But the math seems to favor Biden pretty clearly, doesn't it?