"That's a dangerous thing," he said Thursday during an interview with Bloomberg TV, describing a scenario where demand and prices for Treasuries fall as foreign interest in the market declines.
"I was thinking, well, it's a little inconsistent for me to refuse induction, refuse to go into the military, yet pay taxes that would fund other people to go into the military," the 81-year-old told Fortune.
"Yes, we're No. 1 in education. Yes, we're a safe state," said Chris Keohan, the spokesperson and consultant for the Taxpayers for an Affordable Massachusetts ballot committee. "But what does it tell you if we're losing people to states that are less safe, that have less level of education? It tells you that we're at a breaking point and something absolutely has to be done."
Stokes will deliver a talk, 'The Carbon Wave: A Story of Democracy, Parenthood, and the Race to Protect Our Planet,' recounting the passage of the legislation through the perspectives of three new parents.
Without the half-percent sales tax increase, which would generate an estimated $9 million per year for the city's general fund if voters approve it this November, Berkeley could face deeper cuts including shuttering a fire station, laying off police officers and reducing hours at city pools and recreation centers.
The law did not eliminate the charitable deduction in name. It rendered it functionally useless for anyone who does not already have enough deductions to clear the standard deduction threshold on their own.
"I'm in favor of not having any rules against insider trading. I would like all the information out there as soon as it's available. Because look, as a society, we are better off knowing as soon as possible anything that is knowable."
"My constituents are saving thousands of dollars and they know it. Republicans can and should take credit because the alternative would've been massive tax hikes under the Democrats had they won the 2024 election."
"It's the least conservative government of my lifetime." Wolfers, who the IMF once named one of 25 young economists in the world "shaping the way we think about the global economy," said that Trump's undermining of federal institutions' independence and propensity to insert himself in private sector decisions is reorienting the economy away from a productive and predictable path. The result, Wolfers warned, could be a generation of missed opportunities and lost growth.