Alex Berenson Profile picture
Sep 15, 2022 4 tweets 1 min read Read on X
I suspect the loss of the SALT deduction may have a bigger long-term impact on CA and NYC than was initially anticipated. The money the CARES Act threw at the states (and the stock and RE bubbles in 2020/21) probably hid the impact on the tax base… but the hit is cumulative.
Professionals can now get the equivalent of immediate 10-15% pay hike by leaving LA and NYC for TX or FL. For people making $100,000-$500,000, especially those with school-age kids, that’s a huge gain. And the quality of life in the blue states is hardly a draw.
And of course for the $5 million-plus crowd, the savings are massive, though those folks have tax avoidance strategies to spare (and frankly the extra money is unlikely to make much difference to their quality of life, they’d just rather avoid the taxes. So be it. Their choice.)
One addendum: the blue states have responded by adding what they call “pass-through entity taxes,” which basically allow small businesses to pay personal state taxes for their owners and deduct them as a business expense. But people employed by big companies can’t get this break. Image

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More from @AlexBerenson

Jul 5
Hey, @eosnos, just for future reference, this is serenity…

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And this is Parkinsonenity Image
Again: serenity Image
Read 5 tweets
Apr 22
1/ How can you not understand this?

There aren't just longitudinal studies, there are longitudinal studies examining both causation and reverse causation (looking at use and psychosis over multiple periods to see if psychosis in N is causative for cannabis in N+1. It's not)...
2/ The associational data is incredibly strong, with unadjusted ratios on the order of 10x.

There is clear biological/cellular level data showing that THC use dysregulates the cannabinoid system and that heavy users have changes in brain morphology...
3/ Many cannabis users (and practically all heavy users) have some experience with cannabis paranoia - which looks a lot like prodromal psychosis, why is everyone laughing at me? This is so common users joke about it - and have strategies to deal with it...
Read 5 tweets
Apr 5
How to lie under oath, a masterclass from Dr. Anthony S. Fauci, the voice of Science itself

Part 1: Ralph Baric? Who dat? I barely even ever done heard of Ralph Baric, suh... Image
Part 2: Ralph Baric? Know Ralph Baric? Why never, detective, our paths may done crossed at sometime or other, at one of the many revivals I have the pleasure of attending -

But I don't know him, detective, most certainly not... Image
Part 3: A meetin', officuh? You're telling me me and Ralph Baric had a meetin'? At my own offices?

At the verrrah start of the tragic Covid epidemia?

As I live and breathe, it does so look like that. I cannot argue with you, for you represent the law in its majesty... Image
Read 4 tweets
Dec 25, 2023
1/ And @maiasz continues her heroic quest (with @nytimes help) to get US opioid prescriptions back to 2009 levels. In Maia’s fantasy land, deserving patients are being deprived of painkillers. Back in reality, the US is STILL a world leader in opioid dosing…

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2/ Note that decades ago, all countries had the same and very low levels of prescription opioid use. Some still do. The pain “crisis” is fiction; aside from palliative, post-surgical care, and VERY short-term acute pain use, all opioids do is get people addicted to opioids… Image
3/ Further, opioid prescriptions correlate VERY highly with all opioid deaths; this is both because once people get addicted, some inevitably migrate to more dangerous drugs, fentanyl, and because normalizing medical opioid use normalizes ALL opioid use… Image
Read 4 tweets
Nov 26, 2023
1/ Am I the only one who thinks that Hamas has grossly, horrendously outplayed Israel? Hamas can dribble out hostages for a month, keeping the ceasefire going as it rearms - and publicizes civilian casualties, raising international pressure on Israel not to restart the attack...
2/ But the pressure won't only be international. Time will slowly corrode Israel's fury over the Oct. 7 attacks (impossible but true) and certainty that it must destroy Hamas completely; it will tell itself that slowly chasing down Hamas's leaders is an acceptable compromise.
3/ Further, the pause all by itself lets Israeli critics question the invasion's casualties - if the attack was so necessary, why was Israel so willing to stop it without having achieved any of its goals? Not one top commander has been killed, and Hamas still rules Gaza...
Read 5 tweets
Nov 1, 2023
Lol part two, the Brooklyn Karens were literally posting on Twitter how they had not left their apartments for X days...
Read 4 tweets

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