3 ms·

I am not your parent but… I believe the prevailing answer to your question (among people who think we shouldn’t use interest rates as our lever) is taxed - spe

by rsync 3y ago

I am not your parent but… I believe the prevailing answer to your question (among people who think we shouldn’t use interest rates as our lever) is taxed - specifically, corporate taxes. I don’t have strong feelings about this one way or another, but I believe that is the answer you will be given.

sheepscreek 3y ago
Actually, that’s not a bad answer. For that to work, US will need to kick all the lobbyists out of congress tax/budget meetings. Because as soon as they get a whiff of what’s coming, the anti-taxation machinery goes in full-swing. God bless Warren Buffett for having Berkshire pay taxes on things they didn’t have to. He’s set a great precedent, but others don’t want to follow him. On the other hand, we have the likes of Sam Bankman-Fried touting “effective altruism” then doing the opposite.