fIoat

4 ms·

1. 1.▲
   by fIoat 5y ago

   "I don't have a problem with those people, but my grandma/the Chinese market/our stakeholders might, so it is a risk I cannot take." Same old story, history repeats. We are just cementing the abstract into code.
2. 2.▲
   by fIoat 5y ago

   One thing to consider is how having a large amount of stocks allows you to borrow on margin and move other people's money around in ways the less wealthy cannot. I wonder if the aim here is to tax the power, not necessarily the wealth.
3. 3.▲
   America's billionaires pay an average income tax rate of just 8.2%(cbsnews.com)

   68 points by fIoat 5y ago|79 comments