2 Comments
User's avatar
⭠ Return to thread
Travis's avatar

You list every kind of tax except taxes that target billionaires at sufficient rates to make them *not* billionaires. If you're not liquidating their assets then you're not taxing them. It's that simple. Either there are billionaires in your state and the tax code sucks or there would be no billionaires in your state. The billionaires living fat/happy lives in your state right now is the evidence.

Inflated prices remain pegged if rich people are forking over the cash for them. This is why tuition keeps rising even though the college end-product is getting worse. Rich people like the Operation Varsity Blues clowns keep forking over ridiculous money to ensure that their mediocre kids get into the middle class some day.

Whales drive markets. If you think they don't then I have lots of Bitcoin to sell you. 1M rich fucks can move the the market against the other 329M simply because they have more purchasing power via collective wealth.

Expand full comment
Migs's avatar

Whales do not drive markets. I appreciate your passion for the situation but this is not only impossible but also makes 0 sense

Expand full comment