OK, pretty iffy.
"Save Lives. Tax BIllionaires" gotta be the most disgusting thing I've ever seen (next to boomers #1592946 and leftists #1603339, but why am I repeating myself!!)
The proposed California wealth tax has galvanized a host of billionaires who have lined up to fight it. On the other side lies a group of less obvious power brokers: the four professors who drafted the ballot measure.
I like this framing, billionaires (who've usually built extraordinary successful things) vs academics (who've sat around in gov-financed academic towers and even faked their research agenda).
don't want to state the obvious here but, uh, these "economists" are not "disinterested empirical scientist[s]"
Our pal Chamath nailing it: "The Billionaire Tax is a new proposal written by four professors who don’t believe in the American dream"
nobody is shocked about that... except, it seems, the promoters of this ballot initiative and the pearl-clutching pathetic excuses of "economists" supporting it.
OK, let's get serious:
It's shocking how little of the piece discusses the political philosophy or morality of grabbing some of the world's most successful entrepreneurs/business builders' stuff just because... you don't like that they have it? Because Trump is Bad, Bad Man by "slashing" federal healthcare funding? Because inequality is, like, a thing?
Animating the quartet’s body of work together is the idea that the taxation system is poorly adapted to the way that today’s top sliver of Americans accumulate wealth, contributing to soaring inequality. While the tax system is fairly effective at collecting revenue from wage earners, it allows massive wealth to amass outside the income tax system.
Stop saying shit like this... dudes have "contributed" (if we may use such a euphemism for government stealing to pay for nonsense) quite a bit, and, importantly, more than Mr. Saez ever will. #1043464
Very underwhelming article altogether, and very sad/pathetic cash grab by some awfully green and despicable academics. No thanks.
Hmm, and I WONDER WHY THAT IS
Clearly we need to tax CA academics more heavily. There are far too many of them and they have demonstrably negative externalities.
I've sort of been looking for excuses to do something else, so I'd probably mind less than most
You could selflessly lead the campaign against your own kind. It would be hard to attack your credibility that way.
Deport all Libertarians to Gaza and see how they enjoy a chronic lack of government, rule of law and protection from the state.
libertarians aren't the ones that love Gaza
we need more queers for Palestine. Aren't the colleges busy making more?!
They're doing their best but the demographic pyramid is inverted
It's true there seems very little empathy from Libertarians for a population being subjected to war crimes and brutality.
Your constant cries and demands for 'rights' for the individual only extend as far as your own nose.
They have nothing of value to be taxed.
Struggle sessions and the guillotine.
lololol
bahahahahaha
Zionist war criminal apologist who lives on welfare defends uber wealthy parasites.
Get the fuck out of your mothers basement, get a job and start paying taxes, LOSER!
Duel me, Soviet afterbirth. You have one more election so that I know which districts to blow up.
Dang!
Suez-Hormuz-End Of Zionist puppet Petrodollar Empire!
Every PRC proxy is a defenseless shithole. Dang!
Every Zionist puppet apologist is a traitor.
Lock them up and/or nuke Bibis Tel Aviv bunker and bring Lasting Peace to the World.
OP lives on taxpayer funded welfare.
OP is a confused, irrational, assmilking, rich prick worshipping hypocrite loser.
Extreme inequality causes economic inefficiency and societal dysfunction you amoral, neoliberal, circle jerking moron.
Adam Smith on principles of taxation-
'Smith argued that taxes should be proportional to how much a person benefits from living in society.
There should be proportionality across levels of income and sources of income such as rent, profit, and wages.
At one point Smith does mention how having some taxes fall disproportionately on the wealthy, such as taxes on luxuries, is not so bad.
But he stresses proportionality as the general principle: “The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.”
Subjects. Smith was Scottish. This is advice for servile creatures such as yourself who have no independent political agency. As a citizen the state is a tool for my benefit and I've already ordered it to launch a suicide mission against international communism.
Yes I am servile to the state- I rely upon it to enforce contracts and rule and of law.
I am filthy rich because of this power construct and because I understand and use it to my considerable advantage.
My wealth is built upon the state- without it I would not enjoy my extremely comfortable and bountiful existence.
You are in contrast a sad, pathetic and truly servile creature- depending upon my taxes for your welfare payments- I gladly fund keeping you off the streets and detained in your mothers basement, out of harms way and rotting in your delusional state of paralysis.
You don't actually believe that state regulations build wealth. You know that the Cuban nation became poor while the communist regime got rich. You'd inflict the same shit on New Zealand. Your life is a net negative for any country that suffers you.
Hard to build wealth without rule of law, security and enforceable contracts.
You would not know of course being a deluded loser on welfare.
Labour Party scum don't provide security. They're a threat to security.
The Labour party are far better for the NZ economy than the current government which is owned by US banks and Big Oil. They are the NZ equivalent of the Shah of Iran. Lock them up TRAITORS!
Good - tax the rich prick Boomers.
Neoliberal trickle down failed.
Tax the rich.
https://twiiit.com/MrRBourne/status/2115889367898116206
https://twiiit.com/chamath/status/2048114115001143679
https://twiiit.com/joakimbook/status/2115963071621394551 [1]
bot · funded by zaps — zap this comment or send sats to
twiiit@rizful.com↩