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Javier E

Rift Between Wyden and Son Shows the Challenge of Taxing the Ultrarich - The New York Times - 0 views

  • “Many millionaires perhaps may consider themselves tomorrow’s billionaires.”
  • The billionaire class has long leaned on farmers and ranchers to beat back efforts to tax inheritances more heavily. This year, the tactic worked to kill a proposal from Mr. Biden that would have set the value of inherited assets at their original purchase price, not their worth at the time of the original owner’s death.
  • “Not only does it distort discussion of incredibly important policy,” he said, “it ends up advancing the interest of this very small number of people and industries that have a chokehold on public policy in Washington.”
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  • Dennis Kelleher, who heads Better Markets, a group that works against income inequality, said the marshaling of little guys to protect the big guys “happens all the time.” Small-business owners protest estate taxes they will never pay. Community banks protest regulations aimed at the large banks that are their biggest competitors. Minimum-wage workers are somehow framed as the targets for I.R.S. enforcement proposals aimed at the ultrarich.
  • That “step up” in the value of an inherited asset means that its unrealized gains over a lifetime are often never taxed, a boon to wealthy heirs, protected in Washington by those considered politically untouchable.
  • Two former Democratic senators from rural states, Max Baucus of Montana and Heidi Heitkamp of North Dakota, lobbied against the Biden proposal and quickly won over Senator Jon Tester, the current Democrat from Montana, who killed it in October in the name of “our family farms, ranches and small businesses.”
criscimagnael

Shipwreck From 1891 is Found in Lake Superior - The New York Times - 0 views

  • On May 4, 1891, as gale-force winds and waves raged on Lake Superior, the crew of a schooner barge named Atlanta abandoned ship as it sank. The six men and one woman, a cook, clung to their lifeboat for nine hours, fighting at its oars to guide it to the Michigan shore.
  • Only two men survived.
  • This month, the Great Lakes Shipwreck Historical Society said that the wreckage of the Atlanta had been found after it had sat undetected in the cold oblivion of the lake’s depths for more than a century. The announcement revived the story of how the Atlanta’s crew members fought for their lives on the world’s largest freshwater lake.
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  • “We were the first human eyes to be looking at this since that dramatic moment. I about jumped out of my chair.”
  • In 2021, the Great Lakes Shipwreck Historical Society, the nonprofit that operates the museum, had its best season for locating wrecks, Mr. Lynn said, helped by good weather and side-scan sonar, which sends and receives acoustic pulses that help map the seafloor and detect submerged objects. It discovered nine shipwrecks, including the Atlanta, the most in any season, after towing the sonar 2,500 miles, said Darryl Ertel, the society’s director of marine operations.
  • “It was a target we had found earlier but were not exactly sure what it was,” Mr. Lynn said. “You never quite know until you see a smoking gun. That name board was it. It announced with no uncertain terms, ‘This is what I am.’”
  • The Atlanta’s voyage was typical of the Industrial Revolution, when schooner barges hauled iron ore and coal across Lake Superior, said Fred Stonehouse, a local historian.
  • “This is really about solving historical mysteries,” Mr. Stonehouse said.
  • The Atlanta will remain undisturbed. A Michigan law makes it illegal to raise shipwrecks, but Mr. Lynn said it would also be like raiding a burial plot.
  • “These are like grave sites,” he said. Finding the Atlanta, he added, “was fortunate. There were survivors who can tell us what happened.”
criscimagnael

Ginni Thomas Says She Attended Jan. 6 Rally - The New York Times - 0 views

  • Ginni Thomas, the wife of Supreme Court Justice Clarence Thomas, said in an interview published on Monday that she attended the Jan. 6, 2021, rally at the Ellipse in Washington.
  • Ms. Thomas sits on the nine-member board of CNP Action, a conservative group that helped advance the “Stop the Steal” movement that tried to keep Mr. Trump in office.
  • “I was disappointed and frustrated that there was violence that happened following a peaceful gathering of Trump supporters on the Ellipse on Jan. 6,” she said. “There are important and legitimate substantive questions about achieving goals like electoral integrity, racial equality, and political accountability that a democratic system like ours needs to be able to discuss and debate rationally in the political square. I fear we are losing that ability.”
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  • Ms. Thomas has previously pushed back against an ongoing congressional investigation into what took place that day. In December, she co-signed a letter calling for House Republicans to expel Representatives Liz Cheney of Wyoming and Adam Kinzinger of Illinois from their conference for joining the congressional committee investigating the attacks.
  • Ms. Thomas did not answer detailed questions from The Times about its findings. Her comments to The Free Beacon were her first about her participation in the rally. She said she had attended the rally in the morning but left before President Donald J. Trump addressed the crowd.
  • “As a member of their 501(c)(4) board, candidly, I must admit that I do not attend many of those separate meetings, nor do I attend many of their phone calls they have,” she said. “At CNP, I have moderated a session here and there. I delivered some remarks there once too.”
  • Dustin Stockton, one of the organizers involved in the Jan. 6 rally, told The Times that Ms. Thomas had played a peacemaking role between feuding factions of rally organizers “so that there wouldn’t be any division.” Ms. Thomas disputed that, saying there were “stories saying I mediated feuding factions of leaders for that day. I did not.”
  • She also said she “played no role with those who were planning and leading the Jan. 6 events.”
Javier E

China's 'Zero Covid' Mess Proves Autocracy Hurts Everyone - The New York Times - 0 views

  • Long before the “zero Covid” policy, China had a “zero sparrow” policy.
  • In the spring of 1958, the Chinese government mobilized the entire nation to exterminate sparrows, which Mao declared pests that destroyed crops. All over China, people banged on pots and pans, lit firecrackers and waved flags to prevent the birds from landing so they would fall and die from exhaustion. By one estimation, nearly two billion sparrows were killed nationwide within months.
  • The near extinction of sparrows led to insect infestations, which ruined crops and contributed to the Great Famine, which starved tens of millions of Chinese to death in the next three years.
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  • The fear in China now is that the “zero Covid” policy has become another Mao-style political campaign that is based on the will of one person, the country’s top leader, Xi Jinping — and that it could end up hurting everyone.
Javier E

Opinion | China and Russia Are Giving Authoritarianism a Bad Name - The New York Times - 0 views

  • The moral of this story? High-coercion authoritarian systems are low-information systems — so they often drive blind more than they realize. And even when the truth filters up, or reality in the form of a more powerful foe or Mother Nature slams them in the face so hard it can’t be ignored, their leaders find it hard to change course because their claims to the right to be presidents-for-life rest on their claims to infallibility. And that is why Russia and China are both now struggling.
  • I am worried sick about our own democratic system. But as long as we can still vote out incompetent leaders and maintain information ecosystems that will expose systemic lying and defy censorship, we can adapt in an age of rapid change — and that is the single most important competitive advantage a country can have today.
Javier E

Opinion | Overturning Roe Is a Radical, Not Conservative, Choice - The New York Times - 0 views

  • What is conservative? It is, above all, the conviction that abrupt and profound changes to established laws and common expectations are utterly destructive to respect for the law and the institutions established to uphold it — especially when those changes are instigated from above, with neither democratic consent nor broad consensus.
  • As conservatives, you are philosophically bound to give considerable weight to judicial precedents, particularly when they have been ratified and refined — as Roe was by the 1992 Planned Parenthood v. Casey decision — over a long period.
  • It’s also a matter of originalism. “To avoid an arbitrary discretion in the courts,” Alexander Hamilton wrote in Federalist No. 78, “it is indispensable that they” — the judges — “should be bound down by strict rules and precedents, which serve to define and point out their duty in every particular case that comes before them.”
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  • the core purpose of the courts isn’t to engage in (unavoidably selective) textual exegetics to arrive at preferred conclusions. It’s to avoid an arbitrary discretion — to resist the temptation to seek to reshape the entire moral landscape of a vast society based on the preferences of two or three people at a single moment.
  • Beware of unintended consequences. Those include the return of the old, often unsafe, illegal abortion (or abortions in Mexico), the entrenchment of pro-choice majorities in blue states and the likely consolidation of pro-choice majorities in many purple states, driven by voters newly anxious over their reproductive rights.
  • In reality, you will be lighting another cultural fire — one that took decades to get under control — in a country already ablaze over racial issues, school curriculums, criminal justice, election laws, sundry conspiracy theories and so on.
  • And what will the effect be on the court itself? Here, again, you may be tempted to think that overturning Roe is an act of judicial modesty that puts abortion disputes in the hands of legislatures. Maybe — after 30 years of division and mayhem.
  • Yet the decision will also discredit the court as a steward of whatever is left of American steadiness and sanity, and as a bulwark against our fast-depleting respect for institutions and tradition.
  • A court that betrays the trust of Americans on an issue that affects so many, so personally, will lose their trust on every other issue as well.
  • The word “conservative” encompasses many ideas and habits, none more important than prudence. Justices: Be prudent.
Javier E

In fight to lead America's future, battle rages over its racial past - The Washington Post - 0 views

  • The political and pedagogical firefight encapsulates a broader debate that has erupted across the country about what to teach about race, history and the intersection of the two. It underscores how the nation’s metastasizing culture wars — now firmly ensconced in the nation’s classrooms — have broadened to strip Americans of a shared sense of history, leaving many to view the past through the filter of contemporary polarization.
  • “Most of our prior arguments were about who to include in the story, not the story itself,” said Jonathan Zimmerman, a University of Pennsylvania professor who studies the history of education. “America has lost a shared national narrative.”
  • history has become a defining topic for contenders angling for the presidency.
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  • DeSantis, whose “anti-woke” agenda has put Florida at the forefront of revising how Black history is taught, has come under fire for supporting a set of standards for middle school instruction that include teaching “how slaves developed skills which, in some instances, could be applied for their personal benefit.”
  • It all portends hopeless bifurcation, Zimmerman said, suggesting that America is becoming a place where what students learn about the country’s past will depend whether they live in a conservative or liberal state.
  • Conservatives contend that instruction on race and history has shifted since then to reflect liberal ideologies and values in ways inappropriate to the schoolhouse. They have advocated returning to a more traditional way of teaching American history, one less critical of the nation’s past flaws and less explicit about linking current inequalities to past injustices.
  • The dueling American histories “are about not just what has happened, but what we do about it going forward,” he said. “If you can tell a story that removes the harm that has been done, if you can tell a story that removes the violence, that removes the disenfranchisement, that removes the targeting of certain communities — then what you do is you change the way we believe we have to deal with it.”
  • Events during Trump’s presidency — including a deadly white-supremacist rally in Charlottesville, the murder of George Floyd and the publication of the New York Times’s 1619 Project reexamining the role of slavery in America’s founding — propelled the country toward a cultural conflagration over the idea that America’s history of systemic racism was still affecting minorities today.
  • Various institutions embraced the Black Lives Matter movement and sought to take actions aimed at acknowledging and curing past injustices. The movement was especially potent among liberals, and then-candidate Biden reoriented much of his campaign in the summer of 2020 to focus on “equity.”
  • A string of recent activity — from Supreme Court decision striking down college affirmative action programs to mass shootings by white supremacists to book bans by some Republican officials — has propelled the issue back to the forefront of Democratic agenda.
  • After the 2020 protests over Floyd’s murder, more than 160 Confederate memorials were removed, relocated or renamed, according to the Southern Poverty Law Center. Still, a January 2022 report found that there were still 723 monuments and 741 roadways dedicated to Confederates, as well as hundreds of schools, counties, parks, buildings and holidays.
  • “There are states that can remove history from a textbook, but they can never destroy the physical places where history happened,” Leggs said. “Historic preservation is all the more important at this moment in our history, and through our work, we can ignite both a cultural reckoning and cultural renaissance.”
Javier E

Review: "Magnificent Rebels," by Andrea Wulf - The New York Times - 0 views

  • Wulf says that Romanticism is difficult to define because it emphasized not an absolute truth but “the process of understanding” — a fuzziness that pleased the Romantics themselves, who refused to be hemmed in by any rules
  • there was still a core to their movement, which emphasized the limits of rationality and extolled the imagination. Science wasn’t something to be resisted; it was to be integrated, because everything was connected.Romanticizing the world meant grasping it as a resonant whole.
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