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Pro immigrant/pro billionaire

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@haugejostein Basic needs will be commodified no matter what system you have in place.

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@StandupUSA502 @AtlantaPress @Heccles94 That's because SpaceX gives the government extremely expensive rocket launches in return. It's called a transaction.

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@tonyannett The thing about a wealth tax is that it would do neither of those things.

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@FinancialPhys @tomorr53 Gold has massively outperformed inflation. Indexing wages to it makes no sense.

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@FinancialPhys No one was paid in gold in 1971.

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@iwelsh You have to have your head completely up your ass to think it would be better to live in China than in the US.

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I like when people think prices have nothing to do with the incomes people make. Like they are 2 completely, unrelated things.

The median income in China is about $5000 USD/year. If everyone is making $5k/year obviously everything is going to be cheaper.

[Ian Welsh @iwelsh]

GDP doesn't mean shit.

Example: you can get an MRI scan in China for about $50, same day.

Food costs less, rent in most cities is less. A 5 star hotel in China (same chain) costs 1/10th as much as in America. You can get a good electric care for about 20K, etc, etc...

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@MaryRuwart Property taxes are the only good tax. Abolish all the others first.

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@jackvlloyd no such thing as a free lunch

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@BrandonLBradfor did you even look at how much these rockets cost before saying this

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@the_transit_guy we don't allow random people to veto a space launch.

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@beyond_capital dictatorships are bad because dictators can kill people, throw people in jail, and start wars.

A company cannot do any of those things. There is not a single company in the world that anyone is forced to use at all.

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@bern_identity What do the taxes rich people pay have to do with a teacher?

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@CompletedStreet Model 3s with <50k miles are under $30k. You are just straight up lying.

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@simonmaechling what does the science say about wealth taxes

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@maxtmcc The real answer is that the US had deflation during the Great Depression and so it's all coming from the scar tissue from that period.

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@captgouda24 it greases the wheels of the economy. companies can reduce costs by just not raising wages for example. that's the rationale at least.

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@Notjohn128 @DanBMintin @milkyy_tweets Minimum wage laws cause unemployment and increase workplace injuries. There is ample evidence for this. They don't help people, they harm them. Just scrap it altogether.

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@Notjohn128 @DanBMintin @milkyy_tweets And the way you know this is because 99% of people are paid more than minimum wage, even though legally companies are not obligated to do that.