03-31-2025, 06:02 PM
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#8901
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Scoring Winger
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Quote:
Originally Posted by Kybosh
I don't have access to the article but I'm wondering what the funding is and what it's for? The Harvard endowment is ridiculously huge ($50.7B as of 2023) so I wonder what other funding they say they need.
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Here it is as a gift article for non-subscribers. A cool $9B under review:
https://www.nytimes.com/2025/03/31/u...e=articleShare
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03-31-2025, 06:53 PM
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#8903
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Franchise Player
Join Date: Mar 2015
Location: Pickle Jar Lake
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She's from the right wing loony bin, I have no certainty she did know what he was any more than they know who Trump is. I think she's just coming to terms with what he is now.
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03-31-2025, 09:43 PM
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#8905
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damn onions
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Buddy of mine thinks (total speculation I think) that Trump’s going to announce elimination of US federal income taxes the day after Liberation Day to generate support for the tariffs and entice Canadians to join them. Loss in tax rev offset by tariffs. Would this make sense in any way shape or form?
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03-31-2025, 09:46 PM
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#8906
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Looooooooooooooch
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What in the flying #### is Liberation day now?? Can't keep up with all this lol
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03-31-2025, 09:49 PM
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#8907
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Unfrozen Caveman Lawyer
Join Date: Oct 2002
Location: Crowsnest Pass
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Quote:
Originally Posted by Looch City
What in the flying #### is Liberation day now?? Can't keep up with all this lol
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That’s when the USA defeats the alien invasion.
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03-31-2025, 09:57 PM
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#8908
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damn onions
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Quote:
Originally Posted by Looch City
What in the flying #### is Liberation day now?? Can't keep up with all this lol
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April 2nd with the tariffs incoming I think is Liberation Day as named by Trump haha
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03-31-2025, 10:04 PM
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#8909
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Franchise Player
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Quote:
Originally Posted by Mr.Coffee
Buddy of mine thinks (total speculation I think) that Trump’s going to announce elimination of US federal income taxes the day after Liberation Day to generate support for the tariffs and entice Canadians to join them. Loss in tax rev offset by tariffs. Would this make sense in any way shape or form?
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Hahahaha no.
__________________
"The great promise of the Internet was that more information would automatically yield better decisions. The great disappointment is that more information actually yields more possibilities to confirm what you already believed anyway." - Brian Eno
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03-31-2025, 10:11 PM
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#8910
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Franchise Player
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Quote:
Originally Posted by CorsiHockeyLeague
Hahahaha no.
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Bet that idiot Navarro is trotted out to sell the world on the soundness of that economic theory.
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03-31-2025, 10:12 PM
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#8911
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Franchise Player
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Sorry, to be clear, I was saying no it doesn't make sense. Not no it won't happen. There is no relationship between those things.
__________________
"The great promise of the Internet was that more information would automatically yield better decisions. The great disappointment is that more information actually yields more possibilities to confirm what you already believed anyway." - Brian Eno
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03-31-2025, 10:13 PM
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#8912
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Franchise Player
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And who is the balding dickhead with the moustache and silly grin who’s always standing behind or beside Trump? Man he bugs me.
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03-31-2025, 10:18 PM
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#8913
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Franchise Player
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Quote:
Originally Posted by Mr.Coffee
Buddy of mine thinks (total speculation I think) that Trump’s going to announce elimination of US federal income taxes the day after Liberation Day to generate support for the tariffs and entice Canadians to join them. Loss in tax rev offset by tariffs. Would this make sense in any way shape or form?
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No, not even close. The last projection I saw (and this was from Trump's people, not an actual economist) suggested that the tariffs would barely pay for the continuation of Trump's 2017 tax cuts. And that assumes the best case scenario for the US where there are no real negative impacts from the tariffs on economic activity, which would reduce government revenue and make them even less effective as a source of revenue.
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03-31-2025, 10:18 PM
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#8914
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Franchise Player
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Quote:
Originally Posted by Manhattanboy
And who is the balding dickhead with the moustache and silly grin who’s always standing behind or beside Trump? Man he bugs me.
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Mr. Monopoly?
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03-31-2025, 10:18 PM
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#8915
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Lifetime Suspension
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Quote:
Originally Posted by Manhattanboy
And who is the balding dickhead with the moustache and silly grin who’s always standing behind or beside Trump? Man he bugs me.
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Today it was Kid Rock
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03-31-2025, 10:19 PM
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#8916
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Powerplay Quarterback
Join Date: Feb 2006
Location: Sunnyvale nursing home
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Quote:
Originally Posted by Mr.Coffee
Buddy of mine thinks (total speculation I think) that Trump’s going to announce elimination of US federal income taxes the day after Liberation Day to generate support for the tariffs and entice Canadians to join them. Loss in tax rev offset by tariffs. Would this make sense in any way shape or form?
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A shocking 40% of US households do not pay any income tax, and the middle earning households are paying only $10,000 in federal tax per household, so most people would be quite a bit worse off.
Last edited by Nancy; 03-31-2025 at 10:25 PM.
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03-31-2025, 10:19 PM
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#8917
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Franchise Player
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Quote:
Originally Posted by CorsiHockeyLeague
Sorry, to be clear, I was saying no it doesn't make sense. Not no it won't happen. There is no relationship between those things.
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Yeah, if they do want to do something like remove income taxes, I suspect it'll be done through selling the federal government off for scraps. Tariffs certainly aren't going to cover the gap.
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03-31-2025, 10:27 PM
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#8918
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damn onions
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I think the “projection” (by the Trump admin) was tariffs on everyone bringing in about $6T per year and the federal income taxes based on 2022/2023 look to be about $4-5T so what am I missing? Over simplistic stupidity here I’m sure but help a stupid person out.
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03-31-2025, 10:29 PM
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#8919
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Powerplay Quarterback
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Quote:
Originally Posted by Manhattanboy
And who is the balding dickhead with the moustache and silly grin who’s always standing behind or beside Trump? Man he bugs me.
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I think you might be referring to Howard Lutnick who is the United States Secretary of Commerce. He's at least one of the people that stands behind Trump and laughs.
https://en.wikipedia.org/wiki/United...ry_of_Commerce
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