5 ms·

Open season on people _who commit crimes_ with X amount of money, FTFY. If you have a problem with this, try committing fewer crimes. If you don't commit wage

Open season on people _who commit crimes_ with X amount of money, FTFY. If you have a problem with this, try committing fewer crimes. If you don't commit wage theft, you should have no problem with increased enforcement of it, for example.

duxup 3y ago
> who commit crimes Like speeding?
- EscapeFromNY 3y ago
  Why not? https://www.theatlantic.com/business/archive/2015/03/finland-home-of-the-103000-speeding-ticket/387484/ https://www.theatlantic.com/business/archive/2015/03/finland... > Finland, Home of the $103,000 Speeding Ticket > Most of Scandinavia determines fines based on income. Could such a system work in the U.S.?
  - xNeil 3y ago
    I'd assume not - the rich anyways hardly get large salaries (I'm sure they do, but the majority of the money they make is probably borrowing on equity).
  - duxup 3y ago
    That doesn’t seem like what the other person is proposing.
  - kodah 3y ago
    If you're factoring on income then the person is not rich. Rich people make their money on capital gains. Laws like that would just make the world eggshells for the rest of us and the people who can afford Ferraris wouldn't be bothered.
    - fnimick 3y ago
      Capital gains _should_ be counted as income. But that's a separate conversation. The solution to "it's too hard to penalize the rich" isn't to give up, it's to figure out how they hide their real income and take that into account.
      - kodah 3y ago
        I don't think anyone said give up. Defining "the rich" would help. Arguably someone making their money on income is not "rich", they're still moving up the economic ladder. Someone making capital gains, especially exclusively or in majority, is definitely rich. There's also wealth taxes. Currently a lot of places implement income taxes which actually slows down or halts economic fluidity.
    - zirgs 3y ago
      Capital gains are taxable income in most jurisdictions.
      - kodah 3y ago
        Yes, at max 20%. Yet, the majority of jurisdictions keep taxing income at a much higher rate. As a general rule people working on income are still making their way up the economic ladder while people on capital gain, especially exclusively or in majority, are not.
therealdkz 3y ago
who commit specific crimes do not mess up with The Swamp or else…
- therealdkz 3y ago
  why the downvotes? in the other news today sbf gets his charges dropped from 13 to 8. probably has nothing to do with his connections and pedigre. when you steal make sure you steal from the roght people

duxup 3y ago

> who commit crimes Like speeding?

EscapeFromNY 3y ago
Why not? https://www.theatlantic.com/business/archive/2015/03/finland-home-of-the-103000-speeding-ticket/387484/ https://www.theatlantic.com/business/archive/2015/03/finland... > Finland, Home of the $103,000 Speeding Ticket > Most of Scandinavia determines fines based on income. Could such a system work in the U.S.?
- xNeil 3y ago
  I'd assume not - the rich anyways hardly get large salaries (I'm sure they do, but the majority of the money they make is probably borrowing on equity).
- duxup 3y ago
  That doesn’t seem like what the other person is proposing.
- kodah 3y ago
  If you're factoring on income then the person is not rich. Rich people make their money on capital gains. Laws like that would just make the world eggshells for the rest of us and the people who can afford Ferraris wouldn't be bothered.
  - fnimick 3y ago
    Capital gains _should_ be counted as income. But that's a separate conversation. The solution to "it's too hard to penalize the rich" isn't to give up, it's to figure out how they hide their real income and take that into account.
    - kodah 3y ago
      I don't think anyone said give up. Defining "the rich" would help. Arguably someone making their money on income is not "rich", they're still moving up the economic ladder. Someone making capital gains, especially exclusively or in majority, is definitely rich. There's also wealth taxes. Currently a lot of places implement income taxes which actually slows down or halts economic fluidity.
  - zirgs 3y ago
    Capital gains are taxable income in most jurisdictions.
    - kodah 3y ago
      Yes, at max 20%. Yet, the majority of jurisdictions keep taxing income at a much higher rate. As a general rule people working on income are still making their way up the economic ladder while people on capital gain, especially exclusively or in majority, are not.

therealdkz 3y ago

who commit specific crimes do not mess up with The Swamp or else…

therealdkz 3y ago
why the downvotes? in the other news today sbf gets his charges dropped from 13 to 8. probably has nothing to do with his connections and pedigre. when you steal make sure you steal from the roght people