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Search resuls for: "Binyamin Appelbaum"


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Trump also described inflation as “a country buster” that destroyed Germany, presumably referring to the hyperinflation of 1923, which was the year of Adolf Hitler’s failed beer-hall putsch. Even for Trump, who loves to work up a crowd, that’s too far. President Biden does have an inflation problem, but it’s not a Weimar Germany kind of problem. I won’t get into why Americans are so upset about inflation that they might choose Trump over Biden in November. I want to look at a different question, which is whether inflation would be lower if Trump won.
Persons: Donald Trump, , Trump, Adolf Hitler’s, Biden, it’s, States ’, Binyamin Appelbaum, Paul Krugman Organizations: Bureau of Labor Statistics, Biden, Trump Locations: Waukesha, Wis, Germany, Weimar Germany, States
For the first time in the history of the United States, billionaires had a lower effective tax rate than working-class Americans. Opinion Guest Essay Make Billionaires Pay (Their Taxes)Until recently, it was hard to know just how good the superrich are at avoiding taxes. Let’s agree that billionaires should pay income taxes equivalent to a small portion — say, 2 percent — of their wealth each year. Billionaires who already pay the baseline amount of income tax would have no extra tax to pay. The idea that billionaires should pay a minimum amount of income tax is not a radical idea.
Persons: Emmanuel Saez, Gabriel Zucman, we’ve, Demetrio Guzzardi, Jeff Bezos, Bezos, Berkshire Hathaway, Warren Buffett, Elon Musk, Bernard Arnault, Arnault’s, Arnault, Reagan, Critics, haven’t, Biden Organizations: Government, Social Security, European Economic Association, Institut des Politiques, Economic, Amazon, Elon, Twitter, Shepard, Getty, Trump, Internal, Abaca, New York, Facebook Locations: United States, Netherlands, States Netherlands Italy France, Italy, France, Tesla, LVMH, America, Europe, Sweden, Germany, Switzerland, U.S, Brazil, South Africa, Spain
Best MomentBinyamin Appelbaum In a speech with multiple fire-breathing moments, I was struck by Biden’s level tone as he declared that those who fought to overturn Roe v. Wade were going to learn about “the power of women.”Jamelle Bouie I thought Biden’s best line was his move to connect reproductive freedom to freedom writ large: “Many of you in this chamber and my predecessor are promising to pass a national ban on reproductive freedom,” he said. “My God,” what other freedoms “would you take away?”
Persons: Binyamin Appelbaum, Roe, Wade, ” Jamelle, ,
It’s the most miserable time of the year: tax season. But we’re here to convince you that the I.R.S. That’s how it works in the rest of the developed world, and it could very easily work that way here, too. It is absurd that America’s tax system is so antiquated and complicated that most people must pay someone else to help them pay the government. So what is standing in the way of progress?
Organizations: Internal Revenue Service
Opinion | Should Historic Buildings Give Way to New Housing?
  + stars: | 2024-01-21 | by ( ) www.nytimes.com   time to read: +1 min
New York City needs more, not less, historical memory. Mr. Appelbaum writes that much of Brooklyn Heights has been fossilized. There’s no other place like Brooklyn Heights in the United States. We mustn’t sacrifice what makes New York unique and beautiful simply for new buildings and for uncreative solutions to pressing housing problems. We have lots of unused commercial and industrial buildings in the city that can be converted to housing.
Persons: Binyamin Appelbaum, Robert Moses, Mr, Appelbaum Locations: New York, York City, Brooklyn, Paris, United States
Opinion | Why Is Everyone So Grumpy?
  + stars: | 2023-11-23 | by ( Binyamin Appelbaum | Peter Coy | ) www.nytimes.com   time to read: +1 min
Peter Coy: So, Binya, Americans seem very grumpy about the economy lately, despite what looks like some pretty good news. I bet a lot of people will be talking over Thanksgiving dinner about why that is. But to most people, inflation is high prices. So they look at high prices in the supermarket or wherever and say, “That’s inflation!” Woe unto the politician or economist who tells them otherwise. Binyamin Appelbaum: I find that people are not always as excited as I am to talk about economic policy at the dinner table.
Persons: Peter Coy, Binyamin Appelbaum Organizations: New York Times, Siena College
Yuta Yamasaki and his wife moved from southern Japan to Tokyo a decade ago because job prospects were better in the big city. They now have three sons — ages 10, 8 and 6 — and they are looking for a larger place to live. In the past half century, by investing in transit and allowing development, the city has added more housing units than the total number of units in New York City. It has remained affordable by becoming the world’s largest city. It has become the world’s largest city by remaining affordable.
Persons: Yuta Yamasaki, Yamasaki Locations: Japan, Tokyo, United States, New York City
The proliferation of state programs has been sparked by the temporary expansion of the federal child tax credit during the pandemic. The credit, created in the mid-1990s, reduces the amount that families with children owe in federal income taxes. The only two states that had created refundable child tax credits before the pandemic, New York and California, both significantly increased eligibility. The largest credit, which Minnesota created in May, offers up to $1,750 per child for households with incomes below $35,000 per year — roughly half the lapsed federal credit. But unlike the federal expansion, the state credits are meant to be permanent.
Persons: , ” Melissa Lester, Kitty Hawk, Organizations: Republicans, Democratic Locations: Columbus , Ohio, New York, California, Minnesota
Both companies say they would have moved ahead even without direct federal funding. Rick Luebbe, the chief executive of Group14, said the company was able to raise additional capital on the back of the federal money, allowing it to build two production lines in Moses Lake rather than one. In 2005, for example, the government introduced tax credits for the installation of solar panels, without restrictions on the country of origin. Over the next six years, imports of Chinese solar panels increased to $2.7 billion a year, up from $21 million a year. China controls three-quarters of the world’s supply of graphite, but “our technology requires sand and energy,” said Gene Berdichevsky, the chief executive of Sila.
Persons: Rick Luebbe, Moses Lake, , Moses, It’s, Biden, Gene Berdichevsky, Sila Locations: Moses Lake, Georgia , Louisiana, Tennessee, United States, China
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