4 ms·
A few years ago we had an opportunity to borrow at a negative interest rate. Should have leaned into that opportunity. Also we’re under-taxing bajillionaires a
by pohl 3y ago
A few years ago we had an opportunity to borrow at a negative interest rate. Should have leaned into that opportunity.
Also we’re under-taxing bajillionaires and politically-active but tax-exempt megachurches.
- thegrim000 3y agoIf the government sent out a hit team to forcefully rob every single last penny of net worth every US billionaire has, what impact would that income have on the national debt? I'm pretty sure it'd be extremely negligible.
- Eisenstein 3y ago'Tax the billionaires' is a red herring. Nobody should use that or engage with it. The issue is that they exist in the first place.
- lemper 3y agonah, bro. like pigs, you fatten them up and then eat them. do it in 3 or 4 cycles and then there will be no more billionaires.
- pydry 3y agoIt was a choice not an opportunity. They decided to do that to boost asset values.