yeah. the exceptions we’d want to make to taxing payouts on US securities would be securities issued by US subs to purchase primary, greenfield, real investment in domains where we want to learn from foreign suppliers.
they are! but i don’t think they should be. if the US had a big bilateral deficit with China offset by a surplus elsewhere, i don’t see a problem. (there might be problems in terms of sole-sourcing particular critical items, but that’s distinct, might be the case even under bilateral balance.)
overall more than bilateral balance! but yeah, some kinds of FDI we may want (TSMC factories in Arizona), some kinds of cross-investment we don’t want even if the buyer is willing to cover the tax (a foreign firm wants to buy Lockheed). those are concerns separate and distinct from overall balance.
(my view is for inbound FDI investment we want, there should not be a category, which just encourages people to game into the category, but a discretionary application to waive the tax…
which can be granted under Congressionally delineated circumstances only AND when a discretionary committee deems the waiver to be in the national interest. it should be structurally bound to remain the exception, not the rule.)
❤️
i don’t care about “zionist” or “propalestinian spaces”. i detest every national movement, both of those are icons of why. i’m for the liberal universalism that killed Jim Crow and would not tolerate arrangements that prevail btw the river and the sea, from lawless dispossession to all that murder.
you enjoy your pro palestinian or anti palestinian spaces, your zionism or anti zionism. all that shit is the devil’s work. i’m sorry it’s destroying my country as it long ago destroyed yours.
you are talking about nothing i have brought up, nothing i give a shit about. they are your talking points. your shield.
i am not any of these groups, and the source of my shame and disgust at this point with the state of Israel has nothing to do with any of the irrelevances you are throwing my way. on this subject (and this subject alone), i simply do not consider you a good faith interlocutor.
this American Jew is sick to death of all the murder, and all the apologetics that surrounds it. all the rest is noise noise noise.
and all the arabs in new jersey who celebrated 9/11. this rhetorical style is, to put it very gently, uninformative. you are better than this on every subject but this one.
we are all opposed to the 7.10 attack. because we are liberal universalists and oppose murder, of anyone. there has been a lot of murder and it is ongoing and we oppose it.
“The perversity at the center of American Jewish liberalism is the fact that American liberalism’s towering achievement, the end of Jim Crow, is precisely what Israel violates.”
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(i’m sorry for the hung 1/ and nothing following! i got a call i had to take!)
I guess I’m not thinking in terms of an exercise in political persuasion, but reality. In reality, GDP per capita is not under contemporary circumstances remotely an accurate measure of relative welfare (as Kuznets, when he invented then-GNP, suggested it would not be). 1/
“If you’re a political party, your goal is not just to know where voters stand, but to know how to move them.” ~Peter Shamshiri
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delighted to meet you!
a bit ironic that it's the people making a world ever more dystopian who are most up-in-arms about the crisis of collapsing birth rates.
whether you call it waste or rents, the numbers overstate the prosperity people experience.
it would buy more goods and services, ie represent greater prosperity.
Just ask, if they think they prefer US-style "growth", would they really prefer to live in a country like the United States? (The answer for the very wealthy, or those who imagine they will become very wealthy, might be yes. For everyone else, there's really no comparison in quality of life.)
"The grass is always greener" can be a dangerous tendency in politics. "Don't it always seem to know you don't know what you got 'til it's gone." ~Joni Mitchell
it's not even making more stuff, often. it's just charging more for stuff.