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    • Week-end Wrap – Political Economy – October 17, 2021
      Week-end Wrap – Political Economy – October 17, 2021   Strategic Political Economy “You lost. Stop acting like you won” [White Hot Harlots (lyman alpha blob), via Naked Capitalism Water Cooler 10-14-21] “The abortion issue has been lost. I cannot fathom any plausible near or medium-term scenario in which the actually existing American left mounts a successfu […]
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Another reason to raise taxes on the rich

The view is spectacular, I’ll grant you that. But this 11,000 sq ft monstrosity of a parking garage with its own parking garage appears to be trying to break a record for the most cubic feet of concrete ever used in a residential building. At a cool $39M, it has no finished kitchen.  Recently reduced due to foreclosure, this house could be yours for $19,388,000!  I love the way the real estate guy keeps saying that the house “really takes advantage” of the view and nature preserve.  Yes, it does.  It’s the kind of house only a James Bond villain could appreciate, especially for the steel door leading to the underground lair.  The spa is ventilated by a high tech casement window, which is great, but for $39,000,000, don’t you kind of expect the privilege of buying carbon tax credits to run central air?  The closets have glass doors.  Not MY closets.  I want the stuff in there to stay hidden.  And what’s with the shower?  It looks like the effluent pipe from La Jolla.  All that’s missing is the charming gold platform bed and the laser beam.

See?  If we had taxed the original owners, they wouldn’t have been able to inflict this much damage on good taste and the natural landscape.  Tax the rich and save a millionaire from a tragic architectural impulse.