zlacker

>>southe+(OP)
I wonder if this is coming up just before the election because of the Harris campaign’s suggested policy of capital gains tax on unrealised gains for people who have over $100m in assets? I think this is a great idea personally given what these people are doing to avoid paying tax including taking out loans against their own share portfolios. Worth thinking about what people are willing to do to not pay billions of dollars worth of taxes.

>>andy_p+ex
if we tax the super rich then the list of extremely powerful people will be one item long: politicians. i think its telling that they are going after rich conservative people rather than break up blackrock et al.

>>00_hum+5S2
That sounds like a good thing to me. I would prefer the people who hold power in our society be the ones democratically elected, not the ones who lucked into a leviathan amount of money and can now buy Twitter for fun.

>>wsve+ON3
Separation of powers is a very important reason not to limit the power to just politicians. Just like how we would prefer not to have media moguls also be politicians, leaving control of the media to just the government is a bad thing for democracy as it just compounds power towards the existing holders.