Don’t call it a tax hike? Trump’s demand for a cut of Nvidia’s China profits raises novel questions.

Source: Politico
by Brian Faler

“President Donald Trump’s decision to allow Nvidia to sell chips to China has produced a flood of national security concerns, but that’s not all. His demand that the government also get a cut of the proceeds is raising a whole other set of questions, including: Did he just raise taxes? His demand that Nvidia and other semiconductor companies pay 25 percent on their China sales looks to some a lot like a tax increase, and it comes in the face of Republicans’ long-standing opposition to tax hikes and the fact that tax policy is supposed to be set by Congress, not the White House.” (12/21/25)

https://archive.is/EF9Sr

Palestine: Israeli military storms West Bank towns, carries out demolition

Source: Al Jazeera [Qatari state media]

“Israeli forces have stormed towns in the occupied West Bank and demolished a residential building. Soldiers fired stun grenades and tear gas on Monday as they carried out the demolition in East Jerusalem. Palestinian officials accused Israel of a campaign of displacement in the city, saying the operation was part of a systematic attempt to ethnically cleanse Palestinians from their land. Scores of Palestinians were displaced as Israeli bulldozers tore through a four-storey residential building. Activists called it the largest such demolition in the area this year.” (12/22/25)

https://www.aljazeera.com/news/2025/12/22/israeli-military-storms-west-bank-towns-carries-out-demolition

The Mainstream Left Will Never Represent the Lumpenproletariat

Source: exile in happy valley
by Nicky Reid

“The problem on the mainstream left today is almost identical to the problem on the right. They are both run by old white cis het men for old white cis het men. The only difference is that the right admits it while the left just uses minorities like human shields while they kill Muslims with drones and organize the global bourgeoisie beneath decaying relics of progressive internationalism like the EU and the UN. Well, no more. No more Weimar allies buttering us up with petty privileges while the Nazis gather their guns. We need our own goddamn guns, our own clinics, our own schools, our own parties and organizations run from the bottom up by our own people.” (12/21/25)

https://exileinhappyvalley.blogspot.com/2025/12/the-mainstream-left-will-never.html

He Started a Business Legally. Now Trump’s Mass Deportations Threaten Him and Other Immigrant Entrepreneurs.

Source: Reason
by Fiona Harrigan

“People like [Alejandro] Flores-Muñoz — and other immigrants, legally present or not — are an important entrepreneurial force in the United States. They start businesses at a higher rate than native-born Americans, creating jobs and enriching communities in the process. Now they’re getting swept up in Trump’s mass deportation efforts. As entrepreneurial immigrants are detained and deported, it won’t just be newcomers and their families who suffer. The American workers, customers, and communities they support will suffer too.” (for publication 01/26)

https://reason.com/2025/12/21/trump-is-deporting-entrepreneurs/

Sacks, Witkoff could face ethics probe over UAE deals

Source: Semafor

“The State Department’s independent watchdog is reviewing a request from two Democratic senators to investigate whether Trump officials broke ethics rules in connection with deals involving the United Arab Emirates, according to correspondence shared with Semafor. The department’s inspector general wrote to Sens. Elizabeth Warren, D-Mass., and Elissa Slotkin, D-Mich., this month confirming that it was evaluating their request for an investigation of the involvement by Trump aides Steve Witkoff and David Sacks in a decision to allow the export of advanced US-made chips to the UAE. Witkoff and Sacks’ work on the issue drew scrutiny from the senators as a result of their reported financial ties to the UAE in the cryptocurrency space.” (12/22/25)

https://www.semafor.com/article/12/22/2025/sacks-witkoff-could-face-ethics-probe-over-uae-deals