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Comment by JumpCrisscross

1 day ago

This bill is a hunk of Swiss cheese. Great for lawyers and bankers and possibly global tech companies, depending on how it parses out in court.

I'm willing to walk before running. Have to start somewhere.

  • > willing to walk before running. Have to start somewhere

    It doesn’t walk anywhere. It’s another handout to finance and law. The B2B carve-out and lack of border adjustments makes this a regressive tax on consumers and manufacturers to fund tech, law and finance. (The only jobs this would materially cover are those in call centres for consumers. Which in practice, means voice LLMs.)

    Like, I made money from tariffs. I will do well from the OBBA. I will do well from this bill. But American consumers and workers will keep getting screwed, and I’m not sure how this playbook keeps working.

    • >… I’m not sure how this playbook keeps working.

      Just toss 170 billion to one of your various police forces so you’ve got the manpower to tamp down any tantrums from the people. It’s a pretty well worn tactic

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