Capitalism, Politics

It’s Tax Day!

Or at least it should be Tax Day. But COVID-19, combined with our crazy, complicated system for filing our taxes, has caused Tax Day to be delayed for three months.

A great article about the miserable annual ritual of filing your taxes.

The NPR program from which I got this conversation.

The numbers about hours and dollars come from here.

Here’s an article about the 20-year effort by TurboTax (Intuit) to keep tax filing complicated.

Capitalism, Pandemic, Politics

People vs. Pandemic, Round 3

People who claim to be free-market capitalists are always happy to get a taxpayer funded bailout.

Here are some links showing the buyback and bailout numbers: For the 2001 bailout, see https://edition.cnn.com/2001/US/09/21/rec.congress.airline.deal/

For the $45 billion stock buyback, see https://www.theguardian.com/business/2020/mar/18/america-airlines-bailout-shareholders-coronavirus

or this, which puts the buyback at $47 billion. https://www.marketwatch.com/story/airlines-and-boeing-want-a-bailout-but-look-how-much-theyve-spent-on-stock-buybacks-2020-03-18