It’s a tax cut which reduces costs for the top quintile twice as much as it does the second quintile. It’s absolutely crap as something to help the kind of household you’re talking about - particular… (View Post)

Perhaps too early to call it, but this is starting to look like a resounding strategic victory for the Iranian regime. (View Post)

A You have a completely perverted understanding of what a low-income household looks like. 40% of the bottom quintile income households don’t have a car at all. (View Post)

So the strait will remain 95% closed rather than 100% closed? (View Post)

Depends on just how severe the depression is. I think there is an argument for a reduced tax on fuel but the consensus is it’s one of the “best” taxes to levy - unavoidable, simple, inelastic, and on… (View Post)