Dems Have Crazy New Plan to Fund Biden’s Infrastructure Bill: Make Billionaires Pay Their Fair Share

Which appears fairly cheap, notably to individuals who, for instance, didn’t see their web value double up to now yr to $222 billion, as was the case for Elon Musk, who lately took to Twitter to taunt Jeff Bezos for under being value roughly $194 billion, and thus the second richest particular person on this planet. (Sure, this occurred, and might be a superb argument not only for a tax on billionaires however for bringing again the gulag.)

A spokesman for Sinema wouldn’t affirm or deny whether or not she helps the billionaire tax, saying solely that she “is dedicated to making sure on a regular basis households can get forward and that we proceed creating jobs,” and that “she has informed her colleagues and the president that merely elevating tax charges is not going to in any method deal with the problem of tax avoidance or enhance financial competitiveness.” The White Home has reportedly been concerned in crafting the main points, and Biden has endorsed the idea. Republicans, it’s secure to imagine, shall be throwing an absolute hissy match over the entire thing in brief order, as a result of if there’s one factor they’ll’t stand, it’s the ultrarich paying their fair proportion.

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The Supreme Court docket as soon as once more f–ks over pregnant folks

Procedural arguments shall be heard on November 1, however within the meantime, Texas‘s barbaric abortion regulation, banning the process at six weeks, will stay in impact. Per The New York Times:

The Supreme Court docket on Friday as soon as once more refused to right away block a Texas regulation that banned most abortions after six weeks. However the justices agreed to fast-track their consideration of appeals from the Justice Division and abortion suppliers in Texas, scheduling arguments for Nov. 1. Solely Justice Sonia Sotomayor filed a dissent. “For the second time, the court docket is offered with an software to enjoin a statute enacted in open disregard of the constitutional rights of girls searching for abortion care in Texas,” she wrote. “For the second time, the court docket declines to behave instantly to guard these girls from grave and irreparable hurt.”

However she added she welcomed the court docket’s choice to listen to arguments within the two circumstances, which can apparently be restricted to the procedural query of whether or not the Texas regulation, S.B. 8, is topic to evaluation in federal court docket given its novel construction. The court docket stated it might resolve this query within the federal authorities’s attraction: “Might america convey swimsuit in federal court docket and acquire injunctive or declaratory aid in opposition to the state, state court docket judges, state court docket clerks, different state officers or all personal events to ban S.B. 8 from being enforced?”

https://www.vanityfair.com/information/2021/10/democrats-billionaire-tax-plan | Dems Have Loopy New Plan to Fund Biden’s Infrastructure Invoice: Make Billionaires Pay Their Honest Share

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