Comment by JumpCrisscross
Comment by JumpCrisscross 13 hours ago
This bill is a hunk of Swiss cheese. Great for lawyers and bankers and possibly global tech companies, depending on how it parses out in court.
Comment by JumpCrisscross 13 hours ago
This bill is a hunk of Swiss cheese. Great for lawyers and bankers and possibly global tech companies, depending on how it parses out in court.
> willing to walk before running. Have to start somewhere
It doesn’t walk anywhere. It’s another handout to finance and law. The B2B carve-out and lack of border adjustments makes this a regressive tax on consumers and manufacturers to fund tech, law and finance. (The only jobs this would materially cover are those in call centres for consumers. Which in practice, means voice LLMs.)
Like, I made money from tariffs. I will do well from the OBBA. I will do well from this bill. But American consumers and workers will keep getting screwed, and I’m not sure how this playbook keeps working.
> toss 170 billion to one of your various police forces so you’ve got the manpower to tamp down any tantrums from the people
I am missing your argument.
Moreno’s bill pumps money out of the poor into the pockets of the wealthy. I am wealthy. I would benefit from his bill. My point is the exercise is a red herring. (I am not sure what yours is.)
I'm willing to walk before running. Have to start somewhere.