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  1. Embed this notice
    Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 29-Aug-2024 01:09:48 JST Bread up, Bro Bread up, Bro
    it's pretty silly. If you increase the corp tax rate, it's gonna come from somewhere. If you start taxing even net income higher, that shrinks the pool for capex and other stuff that people actually like
    In conversation about 10 months ago from poa.st permalink

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    1. https://i.poastcdn.org/d13729ed8b1679d69a9abeddc16b6357ebcaecba4149d17694cff77bc898edd9.png
    • Embed this notice
      Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 29-Aug-2024 01:32:38 JST Bread up, Bro Bread up, Bro
      in reply to
      • Commander
      @smith remember, in most of these cases the "wealth" that is owned is not raw cash or even simple things like goods.
      In conversation about 10 months ago permalink
    • Embed this notice
      Commander (smith@norwoodzero.net)'s status on Thursday, 29-Aug-2024 01:32:42 JST Commander Commander
      in reply to
      @sickburnbro The US has ~270 trillion in total asset wealth of which more than half is owned by the top 1%. Just seize some of that. Not like income's the only thing you can tax.
      In conversation about 10 months ago permalink
    • Embed this notice
      Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 29-Aug-2024 01:38:04 JST Bread up, Bro Bread up, Bro
      in reply to
      • Commander
      @smith right, but the problem here is that without cash or something easily saleable, those aren't useful for plugging the gaps mentioned above.
      In conversation about 10 months ago permalink
    • Embed this notice
      Commander (smith@norwoodzero.net)'s status on Thursday, 29-Aug-2024 01:38:06 JST Commander Commander
      in reply to
      @sickburnbro Of course. I'm talking about public infrastructure. Stuff like the port of los angeles. Taxes built that now all the profits get privatized. That is a US national resource that needs to fund national interests. Nobody has a "right" to privately own it.
      In conversation about 10 months ago permalink

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