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Judd Legum Profile picture
@JuddLegum
Jul 30, 2019 • 3 tweets • 1 min read • Read on X
1. Wow, this new Ivanka-endorsed "paid leave" plan is even worse than the last one. An insult to parents and to actual proponents of paid family leave.
2. It doesn't provide paid parental leave. Rather it allows you to pay for your own leave by taking a $5000 advance on your child tax credits and then paying it back in higher taxes over the next ten years

Because if there is one thing that new parents need its higher taxes
3. It's very telling that we just had a $1 trillion tax cut for corporations and not a penny was paid for but as soon as we talk about paid leave it must be REVENUE NEUTRAL

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More from @JuddLegum

Judd Legum Profile picture
Mar 12
1. CONSUMERS paid most of Trump's tariffs, which the Supreme Court ruled were illegal.

But CORPORATIONS will receive the refunds.

Will they pass that cash back to consumers? Or pocket the money?

We asked them.

🧵
2. Popular.info contacted 18 companies that: 1. Admitted they raised consumer prices due to tariffs, and 2. Sued for tariff refunds.

We asked whether they would compensate customers via refunds or discounts.

popular.info/p/consumers-pa…
3. These are the companies we contacted:

Abercrombie & Fitch
Columbia Sportswear
GoPro
Uniqlo
Steve Madden
Crocs
EssilorLuxottica (Ray-Ban)
Lululemon
Deckers (UGG, Hoka)
Dollar General
Trek
Yeti
Helly Hansen
Brooks Running
Allbirds
Dyson
Puma
Nintendo
Read 5 tweets
Judd Legum Profile picture
Mar 9
WE STILL DON'T HAVE A CLEAR ANSWER ON THE MOST BASIC QUESTION ABOUT THE IRAN WAR

WHY did the U.S. go to war?

A Popular Information review of public statements over the last 9 days found 17 DIFFERENT EXPLAINATIONS. Many of which contradict each other.

🧵
Here is a sampling:

1. Iran’s nuclear program was “obliterated” last June, but the U.S. started the war because Iran refused to abandon its “nuclear ambitions.”

popular.info/p/9-days-in-th…
2. Absent an attack, Iran would have had a nuclear weapon within two weeks. Image
Read 10 tweets
Judd Legum Profile picture
Mar 4
1.Internal emails from Liberty University Law School, obtained by Popular Information, reveal how the Trump admin hires interns.

Students were informed about "exciting" legal internships at Labor Department.

“You MUST be aligned politically with President Trump… GPA is not a strong factor.”
2. The email stressed that those accepted into the program “will make incredible connections that will payoff [sic] later.” The internship “could lead to a full-time job offer for after your 2027 graduation.”

popular.info/p/the-meritocr…
3. Green stressed that anyone interested in the DOL legal internship should “ABSOLUTELY apply” because “the person conducting the interviews is Vittoria D’Addesi, a 2025 graduate of Liberty Law, along with a representative of the White House Liaison Office.” Image
Read 6 tweets
Judd Legum Profile picture
Mar 3
1. The Iran War has already claimed the lives of 6 U.S. soldiers, hundreds of Iranians, and dozens of people in neighboring countries.

For others, it's been a money-making opportunity.
2. Six newly-created accounts on the prediction market Polymarket raked in nearly $1 million by betting that the U.S. would strike Iran by February 28.

The White House says no one in "Trump's orbit" placed bets.

popular.info/p/the-casino-f…
3. Overall, “$529 million was traded on contracts tied to the timing of the strikes” on Polymarket.

Moving forward, Polymarket is offering dozens of markets on war-related developments. Image
Read 9 tweets
Judd Legum Profile picture
Mar 2
1. According to multiple reports both Saudi Arabia and the UAE lobbied Trump to attack Iran.

Both countries have increased their influence with Trump by investing billions in projects that personally enrich Trump and his son-in-law, Jared Kushner.
2. Trump installed Kushner as a top negotiator.

Kushner and Middle East envoy Steve Witkoff participated in a mediation session with their Iranian counterparts on Thursday, billed as a last-ditch effort to avoid war.

popular.info/p/the-money-be…
3. In 2021, Saudi Arabia invested $2 billion in Kushner's private equity fund and has paid him $125 million+ in management fees.

The Saudis also partnered with Kushner to purchase video game maker EA, the largest leveraged buyout in history.
Read 8 tweets
Judd Legum Profile picture
Feb 24
1.
FACT: Trump’s new tariffs are just as illegal as his old tariffs

But numerous media outlets are spreading false information about the law — and Trump is benefiting.

Let's break it down.

popular.info/p/trumps-new-t…
2. Several prominent outlets falsely reported that the Trade Act of 1974 gives Trump the legal authority to impose temporary tariffs of up to 15% in response to *trade deficits*

THIS IS NOT TRUE Image
Image
3. Section 122 of the Trade Act gives the president the authority to temporarily impose tariffs in response to “large and serious United States balance-of-payments deficits,” not trade deficits. The United States does not have a balance-of-payments deficit, much less a large and serious one.
Read 9 tweets

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