@brett-harrington.bsky.social
Reposted
Really important new study on the tax rate of billionaires from @gabrielzucman.bsky.social et al
Upshot:
The top 400 ultrabillionaires: 23.8%
Avg Americans: 30.2%
Yes, the superrich pay far less in taxes than the rest of us.
www.nber.org/papers/w34170
Upshot:
The top 400 ultrabillionaires: 23.8%
Avg Americans: 30.2%
Yes, the superrich pay far less in taxes than the rest of us.
www.nber.org/papers/w34170
How Much Tax Do US Billionaires Pay? Evidence from Administrative Data
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
www.nber.org
August 27, 2025 at 4:41 PM
Really important new study on the tax rate of billionaires from @gabrielzucman.bsky.social et al
Upshot:
The top 400 ultrabillionaires: 23.8%
Avg Americans: 30.2%
Yes, the superrich pay far less in taxes than the rest of us.
www.nber.org/papers/w34170
Upshot:
The top 400 ultrabillionaires: 23.8%
Avg Americans: 30.2%
Yes, the superrich pay far less in taxes than the rest of us.
www.nber.org/papers/w34170
Reposted
Trump on deploying the National Guard to Chicago: "I have the right to do anything I want to do. I'm the president of the United States."
August 26, 2025 at 7:25 PM
Trump on deploying the National Guard to Chicago: "I have the right to do anything I want to do. I'm the president of the United States."
Reposted
Official data is in today, and America set a new record-high for solar power in June, with generation up 25% compared to last year!
August 26, 2025 at 6:21 PM
Official data is in today, and America set a new record-high for solar power in June, with generation up 25% compared to last year!
Reposted
In @nytopinion.nytimes.com
“President Trump’s attempt to fire the Federal Reserve governor Lisa Cook is a grab for power in defiance of the nation’s laws, and if it succeeds, it will be to the detriment of the nation’s interests,” the editorial board writes.
“President Trump’s attempt to fire the Federal Reserve governor Lisa Cook is a grab for power in defiance of the nation’s laws, and if it succeeds, it will be to the detriment of the nation’s interests,” the editorial board writes.
Opinion | Trump Is Trying to End Fed Independence
If the courts allow Trump to get away with firing Lisa Cook, the Fed will be stripped of its insulation from political pressure.
nyti.ms
August 26, 2025 at 6:40 PM
In @nytopinion.nytimes.com
“President Trump’s attempt to fire the Federal Reserve governor Lisa Cook is a grab for power in defiance of the nation’s laws, and if it succeeds, it will be to the detriment of the nation’s interests,” the editorial board writes.
“President Trump’s attempt to fire the Federal Reserve governor Lisa Cook is a grab for power in defiance of the nation’s laws, and if it succeeds, it will be to the detriment of the nation’s interests,” the editorial board writes.
Reposted
Interestingly, when they were in power in Canada not so long ago, the federal Conservatives tried to wrest control of data dissemination from Statistics Canada. It was vigorously and successfully resisted for all the obvious reasons necessary to maintain an informed citizenry.
August 18, 2025 at 10:39 PM
Interestingly, when they were in power in Canada not so long ago, the federal Conservatives tried to wrest control of data dissemination from Statistics Canada. It was vigorously and successfully resisted for all the obvious reasons necessary to maintain an informed citizenry.
Reposted
Watch them #BlameCanada and not #tRump for their misfortune.
#NotThe51stState
#NotYourCountry
#ElbowsUp
#CanadaStrong
#TeamCanada
#ChooseCanadian #BuyCanadian
#Canada #CanadaSky #CdnPoli #CanPoli #CanNews #CdnNews
#FightFascism
#NotThe51stState
#NotYourCountry
#ElbowsUp
#CanadaStrong
#TeamCanada
#ChooseCanadian #BuyCanadian
#Canada #CanadaSky #CdnPoli #CanPoli #CanNews #CdnNews
#FightFascism
www.newsweek.com/kentucky-whi... Multiple Kentucky Whiskey Distilleries File for Bankruptcy - Newsweek Consequences of Trump threats, tariffs and subsequent Canadian boycott
Multiple Kentucky whiskey distilleries file for bankruptcy
Mounting debt and falling demand are increasingly defining the state's storied whiskey industry.
www.newsweek.com
August 5, 2025 at 2:44 PM
Watch them #BlameCanada and not #tRump for their misfortune.
#NotThe51stState
#NotYourCountry
#ElbowsUp
#CanadaStrong
#TeamCanada
#ChooseCanadian #BuyCanadian
#Canada #CanadaSky #CdnPoli #CanPoli #CanNews #CdnNews
#FightFascism
#NotThe51stState
#NotYourCountry
#ElbowsUp
#CanadaStrong
#TeamCanada
#ChooseCanadian #BuyCanadian
#Canada #CanadaSky #CdnPoli #CanPoli #CanNews #CdnNews
#FightFascism
Reposted
EU tries to out-bully 47 #USpol www.politico.eu/article/eu-l...
EU leaders try to out-bully Trump, floating world trade club without US
Ursula von der Leyen suggests EU could join forces with the Asian-Pacific trade bloc as Europe tries to up its game.
www.politico.eu
June 27, 2025 at 2:01 AM
EU tries to out-bully 47 #USpol www.politico.eu/article/eu-l...
Reposted
The trend in continuing jobless claims is entirely consistent with recession:
June 26, 2025 at 12:32 PM
The trend in continuing jobless claims is entirely consistent with recession:
Reposted
Good reason to switch to non-US dividends? #CanadaSky #FinSky #PFcan #Canada www.cbc.ca/news/politic...
Trump's 'revenge tax' on other countries could hit U.S. | CBC News
A controversial tax being proposed by President Donald Trump's administration that could cost Canadians and Canadian businesses billions is also likely to cost the U.S. government, according to an ass...
www.cbc.ca
June 26, 2025 at 12:04 PM
Good reason to switch to non-US dividends? #CanadaSky #FinSky #PFcan #Canada www.cbc.ca/news/politic...
Reposted
Good breakdown of the under 30 consumer, whose basically been missing since December
June 26, 2025 at 11:36 AM
Good breakdown of the under 30 consumer, whose basically been missing since December
Reposted
BBC: Heatwaves in June more likely due to climate change www.bbc.com/weather/arti...
Heatwaves in June made 10 times more likely due to climate change
As our climate warms, the number of June days reaching 28C plus is increasing.
www.bbc.com
June 26, 2025 at 12:16 PM
BBC: Heatwaves in June more likely due to climate change www.bbc.com/weather/arti...
Reposted
New Scientist: Why climate change fades into the background – and how to change that www.newscientist.com/article/mg26...
Why climate change fades into the background – and how to change that
The public is tuning out the seemingly slow warming of the world, but it doesn't have to be that way, argue Grace Liu and Rachit Dubey
www.newscientist.com
June 26, 2025 at 12:17 PM
New Scientist: Why climate change fades into the background – and how to change that www.newscientist.com/article/mg26...
Reposted
May Vehicle Forecast: Sales "Subdued" at 15.0 million SAAR www.calculatedriskblog.com/2025/06/may-...
May Vehicle Forecast: Sales "Subdued" at 15.0 million SAAR
From J.D. Power: June New-Vehicle Sales Subdued After Reverse of Tariff-Driven Rush to Showrooms; Retail Sales Rise 7.5% in First Half of 20...
www.calculatedriskblog.com
June 25, 2025 at 7:57 PM
May Vehicle Forecast: Sales "Subdued" at 15.0 million SAAR www.calculatedriskblog.com/2025/06/may-...
Reposted
Energy transitions can happen quickly ⚡️
The build-out of wind and solar power in the Netherlands has led to a major drop in electricity generation from fossil fuels in the last five years ❌🔥
2019: 93 TWh (78% share)
2024: 57 TWh (46%) ⬇️
The build-out of wind and solar power in the Netherlands has led to a major drop in electricity generation from fossil fuels in the last five years ❌🔥
2019: 93 TWh (78% share)
2024: 57 TWh (46%) ⬇️
June 17, 2025 at 11:23 AM
Energy transitions can happen quickly ⚡️
The build-out of wind and solar power in the Netherlands has led to a major drop in electricity generation from fossil fuels in the last five years ❌🔥
2019: 93 TWh (78% share)
2024: 57 TWh (46%) ⬇️
The build-out of wind and solar power in the Netherlands has led to a major drop in electricity generation from fossil fuels in the last five years ❌🔥
2019: 93 TWh (78% share)
2024: 57 TWh (46%) ⬇️
Reposted
This is why we can't have nice things anymore 🤦
www.bbc.com/news/article...
www.bbc.com/news/article...
Social media now main source of news in US, research suggests
A report also finds right-leaning audiences on X have almost doubled in the UK since Elon Musk's takeover.
www.bbc.com
June 17, 2025 at 11:35 AM
This is why we can't have nice things anymore 🤦
www.bbc.com/news/article...
www.bbc.com/news/article...
Reposted
Providing homeless people with housing:
- reduces crime
- increases employment
- improves health
- does not increase reliance on social benefits.
80% of the costs are offset by the benefits in the first 18 months. Evidence from the US
- reduces crime
- increases employment
- improves health
- does not increase reliance on social benefits.
80% of the costs are offset by the benefits in the first 18 months. Evidence from the US
June 16, 2025 at 9:54 AM
Providing homeless people with housing:
- reduces crime
- increases employment
- improves health
- does not increase reliance on social benefits.
80% of the costs are offset by the benefits in the first 18 months. Evidence from the US
- reduces crime
- increases employment
- improves health
- does not increase reliance on social benefits.
80% of the costs are offset by the benefits in the first 18 months. Evidence from the US
Reposted
😱 85% of primary energy still comes from fossil fuels!
This graph is grim.
But here's a short thread about why things are not as bad as they first seem 🧵
This graph is grim.
But here's a short thread about why things are not as bad as they first seem 🧵
June 10, 2025 at 3:19 PM
😱 85% of primary energy still comes from fossil fuels!
This graph is grim.
But here's a short thread about why things are not as bad as they first seem 🧵
This graph is grim.
But here's a short thread about why things are not as bad as they first seem 🧵
Reposted
The world's clean-energy investments are now twice as large as those in fossil fuels, the latest IEA data shows
June 5, 2025 at 11:20 AM
The world's clean-energy investments are now twice as large as those in fossil fuels, the latest IEA data shows
Reposted
A new era of wildfire smoke is undoing decades of progress in cleaning the air Americans breathe.
In fact, wildfire smoke may be a bigger threat to our health & prosperity than many other climate-change effects combined
🎁 link to my @opinion.bloomberg.com column
www.bloomberg.com/opinion/arti...
In fact, wildfire smoke may be a bigger threat to our health & prosperity than many other climate-change effects combined
🎁 link to my @opinion.bloomberg.com column
www.bloomberg.com/opinion/arti...
Where There’s Smoke, There’s $244 Billion a Year in Damage
Wildfire pollution is increasingly endangering lives and inflicting economic distress nationwide.
www.bloomberg.com
June 5, 2025 at 12:26 PM
A new era of wildfire smoke is undoing decades of progress in cleaning the air Americans breathe.
In fact, wildfire smoke may be a bigger threat to our health & prosperity than many other climate-change effects combined
🎁 link to my @opinion.bloomberg.com column
www.bloomberg.com/opinion/arti...
In fact, wildfire smoke may be a bigger threat to our health & prosperity than many other climate-change effects combined
🎁 link to my @opinion.bloomberg.com column
www.bloomberg.com/opinion/arti...
Reposted
We Are No Longer a Serious Country
And the world is starting to notice
paulkrugman.substack.com
June 4, 2025 at 8:41 PM
Reposted
Turns out pissing off Canada wasn't a great idea. www.cbc.ca/news/busines...
Several conferences relocate north of the border as Canadians refuse to travel to the U.S. | CBC News
CBC News has identified several North American-based organizations that have relocated upcoming conferences, either partially or fully, from the U.S. to Canada. Conference organizers said travel conce...
www.cbc.ca
May 26, 2025 at 2:50 AM
Turns out pissing off Canada wasn't a great idea. www.cbc.ca/news/busines...
Reposted
April inflation plummets to 1.7 per cent with the end of consumer carbon tax #CanadaSky #EconSky nationalpost.com/news/canada/...
April inflation plummets to 1.7 per cent with the end of consumer carbon tax
The annual inflation rate was 1.7 per cent in April, a sharp slowing from March due to the end of consumer carbon pricing, says Statistics Canada.
nationalpost.com
May 20, 2025 at 1:33 PM
April inflation plummets to 1.7 per cent with the end of consumer carbon tax #CanadaSky #EconSky nationalpost.com/news/canada/...