If anyone would know, I guess it’s the WSJ?
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If anyone would know, I guess it’s the WSJ? https://www.wsj.com/finance/billionaires-low-taxes-are-becoming-a-problem-for-the-economy-27a560ca
@codinghorror
I don't mind when people reduce their taxes.
However, most of these guys pay nothing. -
If anyone would know, I guess it’s the WSJ? https://www.wsj.com/finance/billionaires-low-taxes-are-becoming-a-problem-for-the-economy-27a560ca
@codinghorror@infosec.exchange
In other news, fork found in kitchen drawer, and water is wet! -
If anyone would know, I guess it’s the WSJ? https://www.wsj.com/finance/billionaires-low-taxes-are-becoming-a-problem-for-the-economy-27a560ca
@codinghorror Now don't make Gavin unhappy, Jeff. He doesn't want to hear it.
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@codinghorror Now don't make Gavin unhappy, Jeff. He doesn't want to hear it.
@codinghorror Although the design of these is tricky. The other article you link does have good points, in a world of fluid global capital, hideously complex financial investments, and cheap money there's all sorts of workarounds for those with billions to throw around.
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If anyone would know, I guess it’s the WSJ? https://www.wsj.com/finance/billionaires-low-taxes-are-becoming-a-problem-for-the-economy-27a560ca
@codinghorror fu**ing communists!!!
...wait!
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@rpluim @codinghorror @justenoughducks I agree, but the term "income" is the problem. Assets (like stocks) that appreciate in value are legally distinct from income, so that distinction would have to be functionally removed.
@devin_and_earth @codinghorror @justenoughducks There are countries that have done that, and it can fuck over small entrepreneurs and people who receive any kind of stock options or RSUs. So it would have to be carefully designed. Probably not by a politician and definitely not by an economist
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If anyone would know, I guess it’s the WSJ? https://www.wsj.com/finance/billionaires-low-taxes-are-becoming-a-problem-for-the-economy-27a560ca
@codinghorror
Let's get the word "becoming" deleted from that title, please! -
If anyone would know, I guess it’s the WSJ? https://www.wsj.com/finance/billionaires-low-taxes-are-becoming-a-problem-for-the-economy-27a560ca
@codinghorror makes you wonder how they would benefit from it
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If anyone would know, I guess it’s the WSJ? https://www.wsj.com/finance/billionaires-low-taxes-are-becoming-a-problem-for-the-economy-27a560ca
@codinghorror also, they have always been a problem.
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@devin_and_earth @codinghorror @justenoughducks I think we should *prevent* people from hoarding vast quantities of wealth in the first place. One way of helping with that is ensure that all forms of income are taxed at approximately the same rate, and that there are no loopholes only available to those with large amounts of money. I'd also like a pony
@rpluim @devin_and_earth @codinghorror @justenoughducks
If people voted for Vernin Supreme, you might have one by now....
https://www.nhpr.org/politics/2015-11-20/fired-up-about-the-pony-economy-vermin-supreme-just-might-be-your-candidate -
@rpluim @devin_and_earth @codinghorror @justenoughducks
If people voted for Vernin Supreme, you might have one by now....
https://www.nhpr.org/politics/2015-11-20/fired-up-about-the-pony-economy-vermin-supreme-just-might-be-your-candidate@chewie @rpluim @devin_and_earth @justenoughducks people, if we had voted for HUEY LONG (not that we should have, but understand American history) look what we would have had. Scroll until you see that name, and read. Share widely, please. https://rgmii.org/history-gmi-1791-early/
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@chewie @rpluim @devin_and_earth @justenoughducks people, if we had voted for HUEY LONG (not that we should have, but understand American history) look what we would have had. Scroll until you see that name, and read. Share widely, please. https://rgmii.org/history-gmi-1791-early/
@codinghorror @rpluim @devin_and_earth @justenoughducks what are you talking about? He doesn't mention anything about ponies.... pfff
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