Technically, he’ll get an average forty dollar tax cut. As in, one percent of Americans will get a four thousand dollar tax cut and the rest of us will get zero.
Gee, Chuck, if only you had been majority leader of a body that had the power to pass legislation or something, maybe you could have done something about that.
The appeals court responsible for the decision Schumer describes, cited a June 2024 Supreme Court decision. That’s right: a 3-appointed-by-Trump Supreme Court decision.
In 2011, during an appearance at the University of Washington, Gates told students that being a billionaire can be overrated. And he brought up burgers.
“I can understand wanting to have millions of dollars, there’s a certain freedom, meaningful freedom, that comes with that,” Gates said. “But once you get much beyond that, I have to tell you, it’s the same hamburger. Dick’s has not raised their prices enough.”
Yes; “no regulations” (which the absence of Chevron deference will tend to bring about) means, among other things, rampant food poisoning, banks charging fake fees with no consequences, poison dumped in rivers, and kids’ pajamas that ignite easily.
And, no: the free market won’t fix those things. (Not that I’m saying YOU are saying that, but as we know, some will claim it, almost always quite disingenuously.)
A market in which, for example, your apartment building is tied to a particular ISP because the owner has an exclusive contract can hardly be said to be “free.”
(And yes, I know there are 5g and satellite options available; but I would guess that 75% of tenants would just take the path of least resistance.)
There’s no such thing as a “free market” in the first place, either the government keeps it regulated or the wealthier participants will lock it down in their favor. The concept is a fallacy.
Its not necessarily no regulations, its that all regulation interpretation will be decided by the courts. Which eventually means them.
Combine the with the elimination of any ethics rules for the court, and the legality of gratuities for services rendered, and its easy to see that the justices are putting themselves in the gravy graft line. You want to dump radio active waste into the drinking water, fine, but it will cost you 5 beach houses as an appreciation gift the justices who in their infinite wisdom of calling strikes and balls, decided that uranium mining waste doesn’t count as a pollutant.