Raise the Price

…of a product, and with that, lower demand for it.  This is the sort of thing taught in high school introductory economics courses.  One way to raise the price is to raise taxes related to it, and to reduce tax deductions related to it.

The Manhattan real estate market [a generally hgh-end market] stumbled in the third quarter of 2019, new reports show, as prices plunged and fewer buyers were willing to purchase higher-priced properties in the wake of two recent tax increases.
The median sales price for properties fell 17% from the same quarter last year…. The average sales price dropped 12%….
Condo sales fell 8%….

Maybe this had something to do with it:

In July, New York City increased its mansion tax—a progressive tax that applies to home sales of more than $1 million—to a maximum of 3.9%, up from a flat-rate of 1%. The tax rates vary from 1.25% for $2 million sales, to 3.9% for sales of $25 million and higher. The city also increased a one-time charge on properties worth more than $2 million—known as the transfer tax.

And maybe the $10,000 cap on state and local tax (SALT) imposed by the 2017 tax reform bill is having an impact.

More on Free Speech

Here’s another example of Progressive-Democrats and Party’s Presidential candidates objecting to free speech.

Senator [and Progressive-Democratic Party Presidential candidate] Kamala Harris said on Monday night that President Trump should have his Twitter account suspended over his tweets about the whistleblower whose complaint has helped launch an official House inquiry into his potential impeachment.

Trump’s terrible crime here? He expressed his desire to meet his accuser, a right all Americans have when accused of wrong-doing.

She went on, paraphrased by Fox News:

Harris said Trump’s latest tweets, in which he called the whistleblower “close to a spy,” is evidence that he is “irresponsible with his words in a way that could result in harm to other people.”
“The privilege of using those words in that way should probably be taken from him,” she added.

Of course, no harm can result “to other people” from such remarks.  Except in the fetid imaginations of the Left.

A President talking directly to ordinary Americans, bypassing the NLMSM Gateway and Party-approved mechanisms—how terrible.

Free Speech

We’re beginning to see more of the value system that the most progressive candidate of them all, Progressive-Democratic Party Presidential candidate and ex-Vice President Joe Biden, wants to impose on all of us.  His campaign team, led by Anita Dunn (one of ex-President Barack Obama’s early White House Communications Directors) and Kate Bedingfield (Biden’s 2015 Communications Director) of Biden for President, have written to

executives and top political anchors at ABC, CBS, CNN, Fox News, and NBC, including star interviewers like Jake Tapper, Chuck Todd, and Chris Wallace

to demand all of them cut Rudy Giuliani out of his ability to speak to us ordinary Americans via those widely disseminated and watched programs.

We are writing today with grave concern that you continue to book Rudy Giuliani on your air to spread false, debunked conspiracy theories on behalf of Donald Trump.
Giving Rudy Giuliani valuable time on your air to push these lies in the first place is a disservice to your audience and a disservice to journalism

This is as clear an expression of the contempt in which members of the Progressive-Democratic Party hold us ordinary Americans.  Plainly, they think us just too grindingly stupid to decide for ourselves what we’ll listen to or how to think about what we hear, including whether Giuliani’s comments really are false, debunked conspiracy theories.  Or whether it might be Biden, et al., who are distorting the facts.  Biden, with this letter that The New York Times go hold of, has made that contempt explicit.  Again.

Much worse, though, is that this is a demonstration of the overall nature of free speech that the Biden the Presidential candidate is pushing.  Think about the breadth and depth of his assault on our freedom of speech that a Biden administration would inflict on our nation.

NYT provided these images of the Biden team’s letter.

In Which Alphabet may be Getting One Thing Right

Alphabet’s Google subsidiary is developing a new Internet protocol, and competitors are worried that the protocol would mak[e] it harder for others to access consumer data. Some thoughts on that below.  Congress is concerned, too, and its “antitrust investigators” are looking into the matter.

The new standard modernizes a fundamental building block of the internet known as the domain name system, or DNS. This software takes a user’s electronic request for a website name such as wsj.com and, much like a telephone book, provides the series of internet protocol address numbers used by computers [to provide user access the website].
Google and another browser maker, Mozilla Corp, want to encrypt DNS. Doing so could help prevent hackers from spoofing or snooping on the websites that users visit, for example. Such a move could complicate government agencies’ efforts to spy on Internet traffic. But it could prevent service providers who don’t support the new standard from observing user behavior in gathering data.

Alphabet, via Google, also runs its own DNS service, Google Public DNS, which lends credence to monopoly abuse concerns.  Alphabet also pointed out, in its proposal, that the new standard would

improve users’ security and privacy and that its browser changes will leave consumers in charge of who shares their Internet surfing data.

My thoughts are these:

  • There’s nothing wrong with Alphabet developing any new Internet nav protocol, including this one. I’d expect them to be required to license it, though, much like chip makers are required to license their tech.
  • There’s nothing wrong with alter[ing] the internet’s competitive landscape as the article put some of the concerns. Product and tech development and innovation always alter the existing competitive landscape. That’s to the good.
  • They [cable and wireless providers] fear being shut out from much of user data.… That’s a bit of too bad. They’re not the providers’ data; they belong to the user. It’s exclusively (or should be) the user’s call whether to share his data with any provider or other vendor.

And this:

Mozilla…will move most consumers—but not corporate users who use providers such as Akamai—to the new standard automatically, even if the change involves switching their DNS service providers.

Users better be able to override that switch. Otherwise, this may resume the browser wars between Mozilla/Netscape and Microsoft.  To Alphabet’s credit, if they can be believed, its Google subordinate has no plans to ape Mozilla and compel a change in DNS providers.

Given licensing, the only real concern is this:

[T]he new system could harm security by bypassing parental controls and filters that have been developed under the current, unencrypted system.

That’s fairly straightforward to restore, though.

EU Version of Brexit

EU Commission President Jean-Claude Juncker says that the risk of a no-deal Brexit is very real.  He also says he told British Prime Minister Boris Johnson

…I have no emotional attachment to the backstop.  But I made clear that I do have an intimate connection to its commitments. I have asked the prime minister to make, in writing, alternatives.

The commitment of the backstop, the open border between Northern Ireland and the Republic of Ireland, which violates a central premise of the vote to leave the EU—British control of British borders—still amounts to a backdoor to partitioning Great Britain. Keep in mind that one of the EU’s early offers on this backstop was that Great Britain could put its hard border on the Irish Sea coast—an offer quickly deleted when its purpose was recognized as too obviously presented.

On top of that, Juncker has shown his unseriousness in these “negotiations” with his demand that Great Britain offer all the alternatives. Juncker has no need, apparently, to stoop so low as to offer his own.

Indeed, led by chief negotiator Michel Barnier,

EU negotiators say that he [Johnson] is yet to offer a viable replacement solution.

Because if they offered their own solution, and Great Britain accepted it, then Juncker and his court would have actually to say, “Yes,” finally.

It’s hard to see how negotiations can get more bad faith than this.  Juncker is like an emperor on the throne awaiting the pleas of his supplicant.