A top 5 reason to implement a wealth tax is related to this point below about China eating our lunch. If our super rich class was leading the world when it came to frontier industries, that would be a strong case to let them keep cooking.
Instead, their focus the past 15-20 years has been on building monopolies and moats, propping it up with ever-more-absurd financial engineering, media consolidation with the aim of stoking culture war and blunting criticism of Israel, which for some odd reason is supposed to be a national priority for us — all while falling behind China on robotics, batteries, EVs, and so on. We’re barely winning on AI if at all. They cheered as Trump effectively repealed the IRA, the biggest investment in new energy production in decades, and are now crying that there isn’t enough energy production for their AI.
If our billionaires were winners, we might consider defending them.
But our billionaires are losers, in several senses of the word, and they embarrass us on the international stage. A wealth tax will take them down a few pegs and hopefully let some winners rise up. We no longer have a meritocracy so it’s time to strip the participation medals from these monopolists.
So no, a wealth tax is not punishing you for your success. It’s punishing you for failure. Don’t like it? Stop losing.
@ErishaAnn@credenzaclear2 There are no "liberals" who are criticizing this as a bloc, just like "conservatives" are not praising it as a bloc. MAGA news is feeding you slop for clicks and you're indulging them by retweeting
@favelaoverlord@CathyYoung63 This is a stupid argument because it ignores the baseline problem which is that this guys financial life was ruined by a cancer diagnosis but in other countries it would not have been
someone cares. thank GOD atleast ONE PERSON CARES ❤️🩹❤️🩹im so sick of seeing people desperately deliver packages in beat up shoes, their own personal cars, carrying their BABIES in the car. No gear, no oversight, no union, no benefits
Okay so here's what I'm talking about. I recently went out with a male friend for the first time. This was not within any kind of "dating" context. Just friends.
He got a beer and had no bottle opener. He asked if I had a bottle opener. I had a lighter so I opened his beer with my lighter.
On the surface, whoever has the means to open the beer should open the beer. But as a woman, even outside the context of dating, I read that as a weakness in him. It turned me off to viewing him as any type of potential mate. Even when that wasn't a potential in the first place.
I was talking to him about this this morning, asking his permission to tell the story and he said "well now anytime we hang out I'm going to ask you to open my beer just to fuck with you."
And this immediately reversed my reaction because purposely fucking with me in this lighthearted way is a show of confidence and dominance.
Women are always reading your signals to assess your potential mate value. Even the women you're not dating. Even the women you're just passing on the street.
@kinsellawarren Are you not a bit embarrassed that you'd rather believe ludicrous conspiracy theories about bot armies rather than the truth that people find Israel's actions in Gaza despicable?? Seeing IDF gleefully incinerate children for 3 years is gross?