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We don't need a socialist wealth transfer system, we just need better rules. Increasing cap gains would be a start. Getting rid of Q/E would be another. Maki
by edblarney 10y ago
We don't need a socialist wealth transfer system, we just need better rules.
Increasing cap gains would be a start.
Getting rid of Q/E would be another.
Making individuals liable for things they do while at companies that break the law would be another.
Hardcore jail times for white collar crime yet another.
An SEC with actual teeth.
Basic - but strong - consumer protections and easier ability to do class-action suits.
No bailing out wealthy people's stupidity with massive government intervention.
There are tons of things that can be done without even hinting at redistribution.