The article is light on specifics.
Though it hardly matters. It will be blocked in the senate regardless of which party holds a majority, and centrists will treat the problem as permanently solved because there’s a proposal.
Even if it passed Congress it wouldn’t matter, the Supreme Court would strike this down.
Does it make sense? Fuck no! But if money is speech, price controls are a violation of free speech! 🤮
Should be no tax on food as well.
There is no federal tax on food. States can, but not all do. I’ve never lived in a state that does, other than some that tax “prepared food” (restaurants) vs. just “food” (grocery stores).
There’s no federal sales tax, but there are a host of tariffs on imports and regulations on what foreign merchandise can be sold domestically.
We can’t, for instance, buy sugar from Cuba or beef from Mexico. Some of these rules are precautionary (prevention of the spread of foot & mouth) while others are purely political (sanctioning a country’s economy to force a policy reform).
But they all result in higher food costs at home, to the benefit of the domestic agricultural industry.
We already have laws on the books for this but feds and state AGs refuse to enforce them.
Harris must know this… The only people who don’t is the target audience. It appears
If we have a law and we’re not enforcing it… isn’t it precisely the role of the executive branch to start enforcing it harder?
You’d like to think so. But we’ve got ample evidence to suggest the role of the executive branch is to subsidize business regulation of itself.
If we’re capable of putting nutritional information on every food item, then we’re capable of putting the cost of the item at every step of it’s journey down the supply chain.
Let’s see exactly what the profit margin on everything is.
That’s a legacy rule from a bygone era.
Modern Politicians are only ever allowed to implement policies that generate more revenue for businesses.
