(((tedfrank)))

@tedfrank ↗

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Last Checked Aug. 30, 2022

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Wed Aug 24 11:51:50 +0000 2022

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(((tedfrank))) @tedfrank

We shouldn’t cut capital gains taxes without cutting spending when the inflation rate is 8%, but at least cutting capital gains taxes encourages investment and productivity and improves the economy. Arbitrarily forgiving debt retroactively just encourages moral hazard. — PolitiTweet.org

@tedfrank Are they cutting capital gains taxes again?

Posted Aug. 24, 2022

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(((tedfrank))) @tedfrank

Add 0.5% to inflation, or $350 in extra cost for the average household in America, and $2000/year to a new $400,000 mortgage. I know no one cares about the national debt any more, but one day we’re going to have a real emergency and won’t be able to afford it. — PolitiTweet.org

Posted Aug. 24, 2022

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(((tedfrank))) @tedfrank

Note that a government policy of spending so much to create an inflation rate of 8% is the same thing as announcing a $1.20/hour annual cut in a $15/hour minimum wage, if you care about that sort of thing. — PolitiTweet.org

Posted Aug. 24, 2022