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Posts Tagged ‘wealthism’

February 7th, 2020 - 1:02 am § in The Ave Scene

DeadPaul to refurb Cinerama

Deadpaul, in the persona of his trust, is going to close and refurbish Mr. Allen’s Cinerama. The supersize screen on the corner of Fourth Avenue and Lenora Street downtown, will go dark, while new carpet, some paint and other fixes and a kitchen overhaul so Deadpaul can sell better food. I kin[...]

November 25th, 2019 - 1:00 am § in Donald Trump, Economics

TRUMPONOMICS 101: HOW TO REDUCE YOUR TAXES TO ZERO

THE TRICK: GET PAID IN STOCK OR STOCK OPTIONS So being wealthy means being able to buy what you want?  OK, so what if you could accumulate wealth and never pay a tax on that wealth?  The Trick is easy .. as long as you never turn your wealth into cash, Uncle Sam collects no […][...]

October 16th, 2019 - 1:23 am § in Economics, The Ave Scene

MEDINA GOING BROKE WHILE SEATTLE CANNOT PAY FOR THE HOMELESS

Last Saturday I attended a talk about the costs of dealing with Seattle’s homeless.  I learned that the rest of King County pays almost nothing to deal with this while bragging that they, the folks in those communities, have no homeless problem.  Then I read about the problems facing Medina.[...]

April 15th, 2019 - 1:44 am § in America

We Need a Wealth Tax

I am not all that interested in a progressive income tax. For one thing “income” is very easy for the rich to hide.  For example, money earned as stock options may never be taxed until they are exercised but it can be used to take loans at low rates .. and the interest on those [&hellip[...]

March 5th, 2019 - 9:20 am § in The Ave Scene

How Much Taxes Has Bill Gates Paid?

I’m Bill Gates, co-chair of the Bill & Melinda Gates Foundation. Ask Me Anything. Vox just published a roundup of questions and answers from a REDDIT session hosted by Bill Gates.  Here is an abstract of parts of the Vox Roundup I felt were most interesting: Bill Gates: “If you’re won[...]

January 11th, 2019 - 10:25 pm § in Politics

A Cuban View of America

The United States is an oligarchy, not a democracy The country that presents itself as a universal model of democracy does not meet the basic standards of a system in which the majority makes decisions[...]

November 9th, 2018 - 4:27 pm § in The Ave Scene

Immortality

CLICK ON PAUL Paul Allen’s will places most of his wealth in a trust … he is now an immortal. The trust can live on forever  — tax free, no need for healthcare, education or any other costs of mortality. PRAISE THE GREAT LORD WHO WELCOMES PAUL TO THE ETERNAL LIFE![...]

October 1st, 2018 - 1:15 am § in The Ave Scene

Wealth Tax!

I am less interested in how much income tax we pay then then I am in a wealth tax. Wealth increases have a much more important effect in society than income. Wealth is capital and capital controls society! Also, the 1% are smart enough to see that they are “paid” in wealth rather than in[...]

September 18th, 2018 - 1:47 am § in Foreign Affairs

Will Jack Ma run for President of China?

Jack Ma co-founded Alibaba, China’s internet behmoth .. worth  $500 billion.  He rose to that role from poverty, the fulfillment of the Chiness Dream.  Now Ma’s own wealth is estimated at $40 billion but  his power rivals all but President Xi.   In a letter to shareholders and emp[...]

September 13th, 2018 - 9:09 am § in Misc.

Bezos Becomes a Giver!

Jeff Bezos launches $2 billion philanthropic fund targeting homelessness, preschool education The Amazon founder, the world’s wealthiest person, said on Twitter on Thursday that he would commit $2 billion to fund existing nonprofits working to help homeless families, and create a network of new no[...]