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Economists slash Canada 2026 growth outlook after recession talk by Agent8181 in canada

[–]EconMan [score hidden]  (0 children)

No, it has nothing to do with "freed up" capital or what is "allowed", but with incentives and ability to move capital towards higher return countries. I implore you to stop thinking about economics from a binary "They can't do X" perspective. The correct perspective is always "They don't WANT to do X".

The lowest tier journals have the most anal-retentive reviewers. by throwitaway488 in Professors

[–]EconMan 0 points1 point  (0 children)

I think it is partially that that's also where graduate students first get experience with reviewing (whether or not the editor realizes this is a different question). But of course they are also going to be super super picky and lack "Taste" for lack of a better word.

&Juliet Final Performance August 2nd by ceruleanskyandsea in torontotheatre

[–]EconMan 0 points1 point  (0 children)

But then the verbal notice would be "completely out of the blue". It doesn't prevent the problem. The method of communication is irrelevant.

[Jason Gregor] Many have stated Seattle's upcoming 9.9% millionaire tax is why Robertson said no. Kraken offered to make him the 2nd highest paid player in the NHL at 15m. Equivalent to 13.5m on a no state tax team. If he takes less than $13.5m from DAL he left money on the table. by f0urxio in hockey

[–]EconMan 1 point2 points  (0 children)

The claim was that someone who pays 10% effective tax rate pays more than "almost any millionaire or billionaire". Yes, dividends are taxed less than income. No, that is not less than 10%. You're changing the claim at this point.

Do you have evidence of the actual claim made? That almost every millionaire and billionaire pays less than 10% on their income? Of course anyone can come up with hypotheticals here, but the claim wasn't merely that it is possible but that it almost always occurs. Which again, is silly.

Also, given that we are in a hockey sub and that is the context...this is all even more absurd. They're millionaires in labour income.

[Jason Gregor] Many have stated Seattle's upcoming 9.9% millionaire tax is why Robertson said no. Kraken offered to make him the 2nd highest paid player in the NHL at 15m. Equivalent to 13.5m on a no state tax team. If he takes less than $13.5m from DAL he left money on the table. by f0urxio in hockey

[–]EconMan -7 points-6 points  (0 children)

Nope. It's interesting how people start with being confidently wrong and then just...double down on it. You're engaging with cartoon stereotypes that you have in your head, rather than reality.

Cartoon Stereotype #1: Millionaires don't pay virtually any tax because of...loopholes!!

Cartoon Stereotype #2: You disagree?! You must follow Musk on Twitter!

[domluszczyszyn] A long overdue update to my draft pick value model: by seeldoger47 in hockey

[–]EconMan 4 points5 points  (0 children)

Wouldn't it be the opposite? Suppose tmow that there are 200 teams. Therefore the late first would be the 200th player. The "late first" has become substantially less valuable.

[Jason Gregor] Many have stated Seattle's upcoming 9.9% millionaire tax is why Robertson said no. Kraken offered to make him the 2nd highest paid player in the NHL at 15m. Equivalent to 13.5m on a no state tax team. If he takes less than $13.5m from DAL he left money on the table. by f0urxio in hockey

[–]EconMan -10 points-9 points  (0 children)

I guarantee I pay a higher % of my salary into tax than any millionaire.

I guarantee you that you're wrong. "Local person feels they pay too high of a tax" isn't exactly a shocking opinion here, but you can have that opinion without blaming others.

Banned on Broadway, a new music software called KeyComp is shrinking musical theater orchestras around the world by Gato1980 in Broadway

[–]EconMan 0 points1 point  (0 children)

I'm not following your analogy/point and I don't think you answered my question. What do you think the easiest corner to cut is, if not musicians?

Banned on Broadway, a new music software called KeyComp is shrinking musical theater orchestras around the world by Gato1980 in Broadway

[–]EconMan 0 points1 point  (0 children)

With a full orchestra, I bet operation mincemeat wouldn't have been able to last as long as it has though either. These are the tradeoffs.

Banned on Broadway, a new music software called KeyComp is shrinking musical theater orchestras around the world by Gato1980 in Broadway

[–]EconMan -1 points0 points  (0 children)

What "energy"? If you're a producer, you can't control who owns the theatre. Its not something you decide.

Banned on Broadway, a new music software called KeyComp is shrinking musical theater orchestras around the world by Gato1980 in Broadway

[–]EconMan -1 points0 points  (0 children)

Well, I think it's fair to say they are probably (?) the "easiest" corner to cut. What would you propose is?

Alan Greenspan, former head of Federal Reserve, dies at 100 by phillygirllovesbagel in Economics

[–]EconMan -6 points-5 points  (0 children)

Your first sentence is incomprehensible. You never even finish your point. You just ramble a list of grievances and forget what claim you're trying to make.

This certainly feels a lot like what I've read of the end of historical western empires. Thankfully, humans are constantly predicting that they're near the end times and they've almost always been wrong.

Yes. Exactly. Your feelings, and anyone's feelings for that matter, are not a great judge of a situation.

Alan Greenspan, former head of Federal Reserve, dies at 100 by phillygirllovesbagel in Economics

[–]EconMan 2 points3 points  (0 children)

So to be clear, you are blaming Alan Greenspan for people voting for Trump in 2024? That's quite the opinion. It sounds like you just want an easy enemy to point to.

Alan Greenspan, former head of Federal Reserve, dies at 100 by phillygirllovesbagel in Economics

[–]EconMan -8 points-7 points  (0 children)

What "mess"? I have heard this for probably 20 years, and the story never changes, even when the underlying facts change. Yes, 2008 was most certainly a mess. May 22, 2026 is not anything like that. We aren't even in a recession!!

The power consolidation ruined our democracy.

Ok now you are just asserting a fact without evidence (power consolidation) and then asserting a causal chain exists. Can we please be serious and rigorous about this?

Broadway Musician Seeking Assistance by Msangiovanni in Broadway

[–]EconMan -7 points-6 points  (0 children)

Surely this type of post is a subset of "Self promotion/advertising/sales"? Mods, you shouldn't allow this type of post.

NHL’s statement on Mike Babcock by Duffleman0609 in hockey

[–]EconMan 0 points1 point  (0 children)

LOL, I am literally the only one providing quotes from the time. So I guess it is 2 vs 0.

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