US Politics 2026
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As far as I understand, they do that every evening, in different colours - so you have to wait for your favourite colour to come up and take a picture. And they take requests, this one seems to be a good cause.
So ... we can't really know if that is true or just something some people on Facebook were claiming...
So ... we can't really know if that is true or just something some people on Facebook were claiming...
Jamie in Chile
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Kalshi and Polymarket betting markets have 75% chance for Democrats in Mississippi,.
Alaska is also at 80%-90% odds for democrats.
Another interesting test of betting markets here because the count of the votes doesn't support those odds, but maybe the betting markets know from where exactly the remaining votes are coming from?
These races absolutely matter. Perhaps less so for 2026 since Democrats have already got control of the senate but every seat won today increase the democrats chance of holding the senate again in 2028 and 2030 which may come down to a 51-49 situation at that time.....
Alaska is also at 80%-90% odds for democrats.
Another interesting test of betting markets here because the count of the votes doesn't support those odds, but maybe the betting markets know from where exactly the remaining votes are coming from?
These races absolutely matter. Perhaps less so for 2026 since Democrats have already got control of the senate but every seat won today increase the democrats chance of holding the senate again in 2028 and 2030 which may come down to a 51-49 situation at that time.....
Jamie in Chile
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It looks like the 5% wealth tax on billionaires on California is not going to pass. At least so far, that's how the votes are going.
However, my take on this is that wealth taxes are needed and will be popular, but perhaps can't be done state by state. The reason this vote failed is because the wealthy can escape it by moving jobs to other states. What we need is a national or even international level wealth tax agreed between the EU, US and others. There should be a provision in it that wealth taxes in the US are paid by people that own US companies and have held assets generated in the US or lived in the US for certain periods of time. Something that can't be avoided just by saying "Oh yeah, I live in Panama now".
I think people would vote for that.
However, my take on this is that wealth taxes are needed and will be popular, but perhaps can't be done state by state. The reason this vote failed is because the wealthy can escape it by moving jobs to other states. What we need is a national or even international level wealth tax agreed between the EU, US and others. There should be a provision in it that wealth taxes in the US are paid by people that own US companies and have held assets generated in the US or lived in the US for certain periods of time. Something that can't be avoided just by saying "Oh yeah, I live in Panama now".
I think people would vote for that.
