I recently proposed a constitutional way to implement a federal wealth tax, published in Santa Clara Law Review. Comments welcome! digitalcommons.law.scu.edu/lawreview/vo...

I've set Bluesky to hide all accounts with a hammer-and-sickle in the description. They tend to post a lot of bile, it's just not worth it.

My best guess: Even mainstream Ds are starting to believe the (false but ubiquitous) memes that say taxing billionaires would be enough to pay for "the full Europe" of government benefits.

She might wait until closer to the general election, but yes.

Agreed! And also agree that these derivative markets promote manipulation of the underlying market.

Right, but this chart is from that separate derivative market. It's not giving the odds in the underlying market (other than by asking whether those odds will be more than 5%).

If I'm reading the chart correctly, these are "odds of odds." Bettors in one market gave a ~36% chance that bettors in another market would give more than a 5% chance. It's a really weird type of bet, and I'm not defending PM for offering it, but it's not quite as bad as you're thinking.

The electronic version has a "blizzards" option 🤷‍♂️

But measures of inflation *include* housing costs. So if housing costs have increased more than general inflation, then other costs have increased less.

These also don't seem to account for the scenario where he is the GOP *VP* nominee. Presumably that would add a few points to the total.

I may be reading this wrong, but the chart seems to track only the change in year-over-year spending. Wouldn't that screen out most of the holiday ramp by showing only the improvement since this time last year?

Perfect timing! I'm teaching this case tomorrow. Thanks for sharing the video.

In the screenshot, she suggests that term limits couldn't be imposed on the current justices *even by constitutional amendment.* That seems clearly wrong.

I’ll Take Hillary Clinton Over Donald Trump The future of the entire conservative movement is at stake, and a Hillary Clinton victory over Donald Trump might be the only hope of saving it.

thefederalist.com/2016/02/24/i...

That was the idea: You were creating a trust to protect a spendthrift beneficiary from the beneficiary's own improvidence. Of course, now these trusts are created for responsible beneficiaries too.

Trust law will likely keep it anchored to its original definition, since a "spendthrift trust" is a very important vehicle in estate planning.

(I'm referring to the second article, where the man is a Polish citizen and his wife is a U.S. citizen.)

I know this isn't the point of the article, but something puzzles me. Why were there "visa and work-permit" problems in Ireland and France? He's a citizen of an EU country. Don't both he and his wife have the right to live and work anywhere in the EU?

They play so many games, though, that of course these 1% probability events crop up every season. It would be more weird in a lower-volume sport like football.

I'm seeing nostalgia for the "good old days" when pensions were more common. But back then, companies weren't required to fund their pensions! So if your employer went broke, your retirement was destroyed. The 401(k)s that replaced pensions are flawed too, but their risks are more transparent.

I do wonder, though, if excluding all tax legislation may eliminate more than you intend. For example, the Earned Income Tax Credit takes the form of a tax provision, but substantively is equivalent to a cash payment to the working poor. Republicans voted to expand that under Reagan.

Medicare Part D? You could argue that it was unnecessarily complicated, or that a Democratic approach would have been better. But it does seem to meet your definition.

Applying the broader criteria of your prior comment (including textualism etc.) Bostock might fit. You could argue that Gorsuch and Roberts were OK with the result, but Roberts dissented in Obergefell so 🤷‍♂️.

Here is a great new account that will do important public service by letting us read the filings that journalists don’t like and by stopping me from unproductive violence re same

I'm not finding the original post when I search for it online, so this may not be real.

This is the week or so when the Senate will hold confirmation hearings, though, and some nominees may feature heavily in the report. Still probably won't matter, but it's a more important week than most.

I agree with your broader point, but would collection-plate donations satisfy the Duberstein test if churches weren't otherwise exempt? The sermon, choir, etc. would seem to be services, and of course even voluntary payments (like tipping a restaurant server or musician) can be income.

"Two Kansas counties — Wichita and Hodgeman, in west-central Kansas — have no attorneys at all. Seven more have no attorneys under the age of 60."

I wrote last year about how very-high-net-worth individuals create generational wealth by guaranteeing their children's debts. It's been on hold for a little while but I'm pleased to report that Florida Tax Review just published it! Feedback welcome. journals.upress.ufl.edu/ftr/article/...

Congratulations!