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There’s no need to threaten like that, the billionaire bracket can absorb 2%, and they know it. It’s a bluff and FUD is the only play they have. Some will move loudly for a political statement and the media they own will play up those stories, but reality few will give up NYC lifestyle and convenience over the proposed rate.
Edit- side thought… It would be so easy for one or two to step up and announce they are proud to support their city, to care for their neighbors, and embrace the proposal as a badge of pride and accomplishment. But no, this is america land of the greed
billionaire hedge funder Bill Ackman said he was “gravely concerned” because he believed the leftwing candidate’s policies would trigger an exodus of the wealth “If the city of New York is going socialist, I will definitely close, sell, or move.”
Big fucking rich guys can’t handle paying $20k to keep their city above water and create a better future for everyone. Even after they have more than that coming back in fed tax cuts. Good riddance to parasites, go try to do business from Montana or something.
The bottom line: While Trump’s actions might be “unseemly,” the history of the Logan Act and the fact that it’s never been legally tested mean that it’s not a “meaningful law” that’s “likely to ever be used, against Trump or anyone else”
Good enough for me! let’s get to negotiating.
I mean trump proved the Logan act is completely toothless, if that’s what you’re alluding to. Obama should do it.
Yes you’re fired! but frankly, we need you to work. Your job is critical to our operations, and that’s why we had to let you go. Yes we’re cutting funding to that department, I don’t want to get into the weeds about how we’ll afford to pay you, but we do need your expertise. Now get out of here and stop being a lazy bum. We’ll see you back at the desk next month.
Aha! Art of the business!
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I wouldn’t consider it a pissing match. Iran suffered an unprovoked attack on their energy infrastructure, that scenario would call for retaliation from any nation. They appear to be walking a fine line of inflicting damages while attempting to avoid escalation to full conflict. Call it a measured response, I guess.
Is it too distasteful to make this into a meme? I can’t take this seriously at all.
Trump team is already walking it back after they started taking preorders and a journalist found the model. They’re now claiming they meant to say it could eventually be made in America. It’s a $170 Chinese phone they’re marking up to $500
I believe the Made in USA Labeling Act passed 2021 would prevent following the Moto X approach of just final assembly, but I suppose it’s up to trump’s FTC to make the final call regardless, easy enough for them to issue an exception.
Specifically:
it is an unfair or deceptive act or practice within the meaning to label any product as Made in the United States unless the final assembly or processing of the product occurs in the United States, all significant processing that goes into the product occurs in the United States, and all or virtually all ingredients or components of the product are made and sourced in the United States.
“a sleek, gold smartphone engineered for performance and proudly designed and built in the United States.”
Alright, so clearly this is a bald-face lie? How the hell can they claim this? What kind of made in america SOC are they using?
npm is having issues as well with publish and installs. Fun fun day.
Ah, no disagreement from me. If only congress saw it that way. There’s at least a majority of representatives who clearly feel the orders are valid through their lack of action.
Well, there’s like 40 he’s declared to choose from, but specifically rescinding the Southern Border Emergency enacted on day one. These unprecedented circumstances provide him the ability to deploy military against civilians.
Edit- Adding an NYT article with better overview
Congress could end this immediately, by revoking Trump’s emergency powers. Spineless traitors the whole lot of them.
The orders happened, they’re mobilizing last I read. Justification, will be up to the courts I suppose…
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