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Showing posts from April, 2021

Thoughts on Biden's Budget Proposal / Tax Hike

I have thoughts on Biden's budget/tax plan (in a surprise to nobody). I'm going to just comment on a few highlights, and not the specific details, since the plan is still in flux. The Good The idea of upping the capital gains tax is something I have supported in concept for a long time. I do not buy the idea that people will keep money out of the economy if capital gains taxes are high, especially with real inflation consistently around 5-10% annually (and poised to be much higher in the short to medium term, as the economy picks up and the trillions in created money flood back into it). I think it makes for better socioeconomic policy to tax passive gains at a higher rate than earned income in general. The Marginal I don't have a strong opinion on raising the top marginal tax rate back to the pre-Trump level, and/or the specific tax rates in general. Of course these have a huge impact on people's take-home income, but tax rates should be set based on what's accepta...

Thoughts on Trans Kids in Sports

Preface: This blog is called "It's Just My Opinion, I Could Be Wrong"... I feel like this is probably one of the posts which will earn the moniker. There's an issue in today's society: people, and increasingly more young people, are deciding that the gender which they biologically have is not representative of the gender they wish to be. Now, before I even get to the main point of this post, in the interest of being more complete about my view on the baseline context, I'm going to break down that sentence, and clarify where I disagree with some of the "politically correct" views on the subject. First, I think people have a biological gender (generally speaking). I'm aware, of course, that biological gender is not 100% binary: there are people with extra chromosomes, there are varying levels of expression of gender (and genes in general), there are a small percentage of people with somewhat more ambiguous gender, etc. However, the vast majority of...