Politicians openly admit that taxing cigarettes, gas, or alcohol is meant to reduce consumption. They understand perfectly well that higher costs discourage behavior.
But when it comes to taxing income, that basic logic suddenly disappears. They pretend people will keep working, investing, and taking risks at the same rate while receiving less of the reward.
You can’t have it both ways.
If taxes discourage behavior, income taxes discourage earning.
If incentives matter for consumption, they matter for production.
This isn’t ignorance. It’s convenience.
They understand incentives when it supports control, and deny them when it exposes the cost of punishing work and success.
Socialism is the fantasy that you can live off producers while simultaneously waging war on production itself.
It openly concedes that producers are necessary yet treats them as morally illegitimate.
Their success is framed as exploitation, their independence as a threat, and their productivity as something to be seized, regulated, or punished rather than respected.
This is the core contradiction at the heart of socialism: it admits the producer is essential while denying the producer the right to exist as an end in himself. He is reduced to a means, a resource to be managed for others, not a human being with a moral claim to the product of his own effort.
That is why socialism fails long before the economic consequences arrive. The collapse begins at the moral level.
Once production is treated as a sin and independence as a crime, destruction isn’t an accident. It’s the logical outcome.
@drbundler @punk506 @gondixyz He tried me also - asking if we could transact using @punksOTC as our middle man. Smelled very scammy so didn’t engage any further
Do fun shit, make a shit tons of money, talk to strangers, lift heavy weights, scare yourself, be uncomfortable, travel everywhere, enjoy every moment, Just live.
Long term prediction: in the future we'll all be working on space projects as AI takes care of the work on earth.
Why doesn't AI take care of space also? Because there are endless things to do in space and we are the final decision makers
Market cap = market cap. The way to think about this is that the price should be higher to compensate for lower number of tokens. But what I guess you’re saying is that current market cap calculations aren’t properly reflecting the actual number of tokens outstanding after the burns?
@token_works can the market cap calculation on your (very helpful) NFT Strategy website be updated for this? Or at the minimum show % tokens burnt?