The Biden Administration is proposing a worldwide minimum corporate tax to "level the playing field" and make the world's tax rates closer to the administration's proposed 28% tax rate.

In her first high-profile speech, Janet Yellen calls other countries setting lower tax rates to attract multinational corporations to their shores a "race to the bottom." She is also proposing a worldwide tax rate for recovering income from foreign operations - 21%.

So, instead of being competitive with the world, the Biden Administration wants the G-20 to Harrison Bergeron itself.

Do they really think that other industrialized countries are going to adjust their tax rates to suit the US? To make themselves less competitive so the Biden Administration can raise corporate taxes in America and not suffer a brain drain as corporations buy foreign subsidiaries and move out - like they started doing during the Obama Administration?

Biden may not be the only one in that administration suffering from a diminished mental capacity.

More from Rosemond - slightly surprising:

https://www.djournal.com/lifestyle/living/john-rosemond-micromanaging-parents-their-own-worst-enemies/article_d8d177e7-2637-5516-90ba-296ff9301f2e.html

Last paragraphs:

...Micromanagers are their own worst enemies. By being on the constant lookout for a problem, they activate a self-fulfilling prophecy and problems are what they get. So, for example, the parent who is constantly on the lookout for disrespect gets precisely what she’s looking for. The smallest nuance of body language becomes confirmation that her child doesn’t respect her and needs more correction. Eventually, a child who was just being a child – kids wear their emotions on their sleeves – becomes truly disrespectful. By what magic does a person come to respect a person who is constantly on their back about something or other?

A functional relationship between a superior and a subordinate requires more of the former than the latter. For one thing, it requires that the superior overlook what is nothing but “background noise” – quirks of personality, for instance. Not sweating every little peccadillo is an important part of what being authentically superior is all about.

I hate to bust a bubble or two out there in Reader Land, but parents do not deserve respect. If you want your child to “invest” in your authority, you must act like you know what you are doing. Micromanagers think they know what they’re doing, but thinking is as far as it goes because what they’re doing is counterproductive, always.

And their children know that.
_________________________________

The only problem with the noun "respect" is that there are at least four types of respect, and only one is about deference, so even adults get confused.

Wonderful little map of the American economy.

Lenona,
You've offered a spot-on description of the problem of woke leftism.

Crid,
That map is an eye-opener. Thanks

And, a few things I DON'T agree on:

https://theroanokestar.com/2010/05/06/parenting-guru-john-rosemond-delights-audiences/

(from 2010)

...He also decries the habit today’s parents have of providing lengthy explanations as to why a child cannot do what he/she wants. “Stop giving explanations; explanations invite push-back.”

Mothers and fathers alike grabbed pen and paper when he added, “if you MUST provide explanations, I have approved only six,” which he added, can be used interchangeably—a testament to the fact that he believes that kids are not interested in explanations anyway; they only want to get their way. To prove this point to your child, he suggests putting the list on separate scraps of paper and keeping them in a handy fish bowl – choosing one whenever the need arises. The child will likely give up his battle once he realizes the futility of arguing.

The jarringly simple list of six: (Think: Letterman’s Top Ten List)

1. You’re not old enough

2. There’s not enough time

3. There’s not enough money

4. We don’t believe in that

5. It could hurt you

6. We don’t like those kids

(snip)
___________________________

That is, I agree that kids just want to get their way, and so a parent might as well say "if you still want an explanation after a week, I'll tell you then. But the answer is still no."

But...some of those six lines are misleading.

With #1, that's going to sound suspicious if, say, the kid is several years older than YOU were when you had the same privilege - not to mention the age when the kids' classmates and neighbors got that privilege. In such cases, it might be less frustrating for everyone if the parent says something like "you aren't even MATURE enough to remember to stay out of traffic, and you know it."

#3 should be almost verboten, IMO. Why? First of all, kids are likely to come back with "why don't you just MAKE more money?" Second, kids don't understand that the Joneses aren't necessarily richer - they're just deeper in debt, and what kid cares about debt when someone else is paying the bills? My point is that it's horribly crushing for a kid to hear "there's not enough money" every day or every hour, depending how often they ask for things. So, it makes a lot more sense to say, instead: "whenever it's YOUR idea, YOU pay for it, because I want you to learn the difference between wants and needs."

Or, of course, "it's not good for you." (See #5.)

Not to mention that you don't want kids to get the idea that THEY have the right to control the purse strings whenever there's extra money.

About #4: Wishy-washy! I also don't understand why Christians say "we believe Jesus rose from the dead" instead of "we KNOW Jesus rose from the dead."

Why not just say: "we don't do X in our family." Or: "we know from experience that it's a bad idea."

About #6: That's fine and good - IF you're explaining why you don't want those delinquent kids in your house, at the party or at the outing. But, as Rosemond himself has said, it's very often a bad idea to tell kids not to play with certain kids when the play area is NOT in your vicinity.

P.S. Rosemond once said (I don't know what took him so long) that if you don't like saying "because I said so," you can say "trust me."

That is SO much more positive, confident-sounding, and loving! Whereas the former just sounds hostile and defensive. (Most modern parents can't say the former in a confident voice anyway.)

Why do you talk about kids so much?

The commenters at Reason Magazine's website should step up their game:

https://arstechnica.com/tech-policy/2021/04/clarence-thomas-blasts-section-230-wants-common-carrier-rules-on-twitter/?comments=1

Yahoo! Answers is shutting down and its treasure trove of stupid is going to be memoryholed:

https://twitter.com/TheSilkiest/status/1379170592348377094

Because as I get older, groups of loud, profane teens scare me more and more. Especially when I find myself trapped with them in a subway car. (Not that that's happened for a year, of course.) Plus, as I've mentioned, much younger packs can behave in a feral manner too, in public - I've seen it. If kids aren't properly afraid of their parents' disapproval, why would they be scared of the police?

Is it really that bad?

https://twitter.com/OfAthenry/status/1379125126030102531

I hope she does run. It's gonna be hilarious to watch them try to write hit pieces without being accused of bigotry by the Twitter mob:

https://twitter.com/exjon/status/1379514777987215362

> groups of loud, profane teens
> scare me… Especially when I
> find myself trapped with them
> in a subway

Seriously, not sarcastic or backhandedly: Move. I know of no American city with subways where respect for elders (no matter how few decades) in public transit, particularly women of any race, can be presumed.

When I was 17 in 1977, I got stuck on a night-black spur in the Manhattan system on a rearmost car out of the Port Authority Trans-Hudson with three winos at 9:45 on a Monday morning. It was not the same thing as you're talking about, but I was a kid from Indiana, so there was a moment of concern.

Eventually a conductor came by and said we'd be moving again in a few minutes. As a grace note of courtesy for the visiting hillbilly, he let me figure out for myself that the winos just wanted 15 minutes of rest where they didn't have to worry about pickpockets or getting rousted by cops.

No matter what happens, I will never, ever vote for Dave Rubin or Caitlyn Jenner to be Governor of California, the state where I've spent most of, and the best, years of my life.

Actually, mostly, it's not that hard to avoid large numbers of teens on the subway - in my case, anyway. I just had to learn what times of day they were likely to be there. Same goes for libraries. (Though I swear kids get out of school, daily, earlier every year.)

But, of course, aside from school hours, they're frequently on the streets.

(1) Because muzzle control is the single most important factor in handgun safety, that's why.

(2) Switchblade, no. Assisted opening, perhaps. But not until you've learned to sharpen by hand.

(3) The vulnerable target points are eyes, groin, head, wrist, elbow, ankle, knee.

(4) Two fingers, ice, no junk in it.

(5) Do not talk to the police.

(6) Condoms protect your future.

I mean, the children in your immediate vicinity may be asking different questions, but these are the answers I commonly hand out. Free, even.

> Do they really think that other
> industrialized countries are
> going to adjust their tax rates
> to suit the US?

Buy Bitcoin; hodl.

I mean, yes, they do... They really think that.