@anton_d_leicht Corporate tax doesn’t account for excessive SBC or multi-year transformation where most players cut headcount and simultaneously operate at a loss? Fwiw I think a token tax is better than this but I still think there’s value, akin to nationalizing natural monopolies elsewhere
@lthlnkso Why not assign the government a non-voting stake? Seems inefficient to rely on a public option that would cost billions to deploy using duplicative resources rather than treating these companies as natural monopolies like trains or power companies?
Bernie’s one of the only officials taking the economic impact of AI seriously. 10 million layoffs = $2T in annual salary that AI may pretty permanently take off the table. You can’t offset that with an extra 5% income tax, you actually need to own a stake in the replacing entity
AI is built on humanity’s collective knowledge.
The wealth it generates must benefit humanity — not just Elon Musk, Sam Altman and other AI oligarchs.
That’s why I’ll be introducing the American AI Sovereign Wealth Fund Act — to give the public a direct ownership stake.
@SocialistMMA Just to avoid any conflation: I think wanting to make castration-internment camps for anyone should be a disqualifying position for holding a federal legislative office! I am offended on behalf of American citizens and the concepts of due process and freedom of speech
@Spokoiny I don’t think that progressive description applies to Mamdani though. You can look at his feed here, he’s denounced antisemitism verbatim like 8 times, 7 of them have no other generalization. You don’t have to like him but he seems consistent on this
A few other things we can have for $25 billion:
- funded grad school at every public college this year
- one year of housing for every homeless person
- permanently fund FEMA
- seven years of federal park funding
- replacing half of the toxic lead water pipes in the country
A top Pentagon official just testified to Congress that the war against Iran has cost $25 billion so far, and that the Trump administration will be asking for additional war funding.
An independent estimate calculates that the war has cost over $65 billion already.
You communist morons. You absolute idealist buffoons. We obviously shouldn’t build nice things because the homeless people who we refuse to help might be in them. Pave over all of Central Park and put in a new citadel office. That’s good livin’ baby
@michelletandler@Jason@hasanthehun@ZohranKMamdani Totally! So does “kiss the rich.” And “inject liquidity into SVB” sound like “liquidity injection” which sounds like “lethal injection.” Scary! “Tax the rich” is basically identical to “let the streets soak in their red capitalist blood”
BREAKING: Conservative influencer Dan Bilzerian just filed to run for Congress in #FL06 as a Republican against GOP Rep. Randy Fine.
The primary election will be held on August 18th.
Three non-Jews: too many people die in America and we’d like to save them by using a medical procure that runs against a legal technicality
Susan apparently: the Jews want to kill you so we should kill them first
Who is this for? Who is it helping exactly?
jewish supremacist rag wants to redefine death because the zionist trade of Palestinian organs isn't enough.
I suggest we change zionism = racism to zionism = death. that will solves so many global problems.
@jimfornyc This actually seems way cheaper than expected? NYC has a $1.3T GDP, so overall with payrolls would only go up by 2%? If that’s right this feels like too conservative a minimum wage
For anyone as disgusted as I am, this is worth listening to. A righteous spot in a deeply dark day.
“[Jews] don’t have murderers, we don’t have rapists, don’t have child killers?…This is a racist law, it’s a fascist law, it’s a law that everyone with a Jewish heart must resist”
"החוק הזה נראה בדיוק כמו בן גביר. בזוי, הזוי וכושל" - ח"כ מירב בן ארי מתנגדת לחוק עונש מוות למחבלים: "זה מתחיל בפלסטינים, ואחרי זה ערבים ישראלים, ואחרי זה דרוזים. רק לא יהודים"
@Meravbenari
@tontytrains@Mondoweiss I appreciate you, I was looking for 1) info on some contradictions (eg talk about it applying retroactively) and 2) the specific clauses around exceptions and appeals. Most coverage is a bit noisy in either direction but was definitely familiar enough to be upset regardless
I don’t know which of these companies structure their SBC as RSUs vs options, but does this suggest that the US might collect an extra ~$1T in federal taxes for this year?
Everyone’s talking about the 2026 IPO boom.
Nobody’s talking about the liquidity problem.
SpaceX + OpenAI + Anthropic = ~$3T in market cap.
At a standard 15% float? That’s $450B needed from public markets in ONE quarter.
The entire US IPO market raised $469B over the past DECADE.
They’ll float 3–8% max. Tiny supply. Massive demand.
You do the math. 📈