• 3 Posts
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Joined 1 year ago
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Cake day: June 8th, 2023

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  • I would go a step further and say that it should not be a stock purchase but partial nationalization. The government is not getting shares that will be sold later. The government is getting a right to appoint part of the board of directors. Every time the company issues a dividend, buys back stock, or engages in other activities to return value back to the shareholders, a proportional amount of money must be paid to the treasury. It only makes sense that if a company is so big that its failure is going to hurt society as a whole, it should be owned by society.



  • That reminds me of the time, quite a few years ago, Amazon tried to automate resume screening. They trained a machine learning model with anonymized resumes and whether the candidate was hired. Then they looked at what the AI was looking at. The model had trained itself on how to reject women.



  • Why a land tax? Many (most? all?) towns and cities have a real estate tax.

    You forgot long term capital gains tax. There is no reason that the investor class should be paying a flat 15% tax. Critics will quickly jump up to say that we need to incentivise people to make long term investments in businesses, which I agree with, so short term capital gains should be taxed like gambling winnings.

    Also, minimum wage can be addressed with a one time bump and after that, make tax brackets, 401k contribution limits, etc. multiples of the federal minimum wage.