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Joined 2 years ago
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Cake day: January 22nd, 2024

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  • “Our hands are tied! There is only so much we could do without having a majority in both of the houses and the executive. We have to reach across the aisle to make a compromise so that we move forward and make sure that some of our policies will get through. We may not be able to pass everything we want, but it is better than nothing. Perfect is the enemy of good. Fuck you ordinary Americans! We don’t care about you at all! You are not paying us enough, unlike the rich oligarchs who fund our campaign and lifestyle! We prefer to rub shoulders with our fellow rich politicians and donors from across the aisle. Oh stop whining, we’re only going to give breadcrumbs so you stop crying, is that okay?




  • It’s an understandable concern but IMO if people are made aware of the value of their personal information being used to advance information age, like people learned the value of their labour during the Industrial age, then we can leverage to demand UBI. We need to be compensated for eventually losing jobs to robots, and using our information that trained the AI doing the jobs they would replace us with.

    And even if it’s not compensation by UBI, there is universal basic services in which people are provided housing and utilities unconditionally. Carbon dividend could also be a source of income to fund UBI or UBS until we achieve net zero greenhouse emissions.



  • After the rate hikes in 2022, capital flight exceeded the additional revenue raised by the higher rates.

    The wealthy fled before the tax on capital flight was implemented.

    And Norway had incentivised local governments to have a stake in the wealth tax which aided in the responsibility of the tax, something I haven’t read France propose.

    Because France is run by politicians who pretend that there is no solution to combat the threat of capital flight, because they are in rich people’s pockets.

    Even Warren Buffet advocate increasing tax on the wealthy. He stated that higher taxes did not actually stop them from investing or leaving the country with their wealth, when the US used to tax higher rate on the higher marginal wealth bracket. Only relatively few wealthy people do leave the country.