Magic The Gathering is legal, there are exemptions to the law, among them one for certain physical card games. It’s also worth mentioning that part of Belgium’s reasoning in their treatment of loot boxes has to do with the specific combination of a gaming element with a gambling element in software form, and the level…

Belgium isn’t relying on some broad, common definition of gambling, but rather one that is technical and statutorily defined. Belgium, by the way, has legal gambling, if EA want’s to sell their packs and points and electronic items they can do so as long as they comply with the country’s regulations, but that would…

It has to do with the apportionment requirement in article 1 section 2 clause 3 and article 1 section 9 clause 4. Section 2 clause 3 was amended by the 14th amendment to remove reference to direct taxes, but section 9 clause 4 remains. Direct taxes have to be apportioned according to state populations. What it means…

The reduction to Venezuela aside, there is at least some serious question as to whether or not a wealth tax would be constitutional, at least in the way Warren has proposed it. 

I can at least respect the self-serving attitude. Like, what, do people really expect that moneyed interests will just roll over because the majority wants fair wages, climate change reform, single payer, and anything else that will mean higher taxes and redistribution?

All I’m seeing is childish condescension from both sides, you got the “you liberals hate the bill of rights” on one side and the “you’re a coward and probably have a small peen” on the other.

They will still have to ultimately pay a capital gains tax if and when assets are sold. And due to a change in tax law this year, the tax would be applied to the amount by which the assets have appreciated since Steinbrenner acquired them. 

The stepped up basis rule currently just revalues the basis of the team to the fair market value at time of inheritance, so the taxable amount would be $0.

This needs explaining? Stores run different promotions and sales as a way of competing over consumer dollars and attention, limiting that compeition potentially translates to higher prices over the product’s lifetime. It’s the same as crossshopping games at Gamestop, Amazon, Best Buy, Target, Walmart, or any other…

It’s good of you to take the time to write all of that, explaining the issue, but to anyone arguing about the swastika’s non-pejorative associations, I’d just point out that these people weren’t simply wearing shirts with swastikas on them, they were wearing a variation of the German War Flag of the Nazi Regime. There…

Dancing on boats, frolicking in the jungle, what else?

Heathers and Dynasty on tv, Blade Runner and Predator in theaters, a crazy big royal wedding, Weezer’s singing Africa, the Russians are up to their dirty tricks, and Iran-Contra’s in the news. The 80s are BACK!

The insulin thing is complicated, but the short of it is, no, not like insulin. Insulin has been around since the 20s, but the furor over insulin prices is related to biosynthetic insulin analogs, which only first reached the market in the mid 90s. You can still buy the old stuff, the much cheaper Walmart or CVS…

It’s strange how as in-game communication has advanced, and progression is increasingly tied to in-game performance, my online gaming has veered into the antisocial.

I commented a couple of weeks ago in response to a story about a furloughed government employee who had resorted to rationing insulin to cut down on costs where the choice quote, and I’m paraphrasing, was this person cutting down on insulin, not knowing if they would wake up in the morning, but rolling the dice anyway…

If you get into financial news and commentary a bit you’ll quickly pick up on a narrative that looks at the collective economic picture rather than the individual one, the narrative that notes that these federal workers not receiving paychecks, having to rack up more credit card debt or eating into their savings or…

I’m going to push back on the capital gains thing. I think that criticism of capital gains, particularly from Sanders has a lot to do with optics, as in it’s an easy talking point that sets the rich and the rest apart, and brings out some zeal over the idea of sticking it to the rich.

Has anyone considered that the billionaires’ compromise might actually include a 70% marginal rate? Outside of finance it’s very difficult to get to the three comma club through income, so it’s feasible that a high marginal income rate could be used to placate the masses while capital gains, trusts, estate transfers,…

What will all those stenogra- White House reporters do now?

It’s hard to ignore the fact that references to lynching, blackface, and the n-word receive almost unique treatment in American society, to the extent that reference to that particular word employs a socially acceptable euphemism, all while “fag” is still used in popular entertainment, the Redskins play in D.C., and…