Message from @Maksim
Discord ID: 636658803525419056
Yang gang we yang gang we yang gang we YANG GANG!!!
There’s a law that was passed in the late 70’s early 80’s in the US that I think really screwed our wage growth let me@find it
It was when this guy John Shad under Ronald Reagan removed some rules from the 1934 securities exchange act preventing companies from doing stock buy backs
Before the law was changed companies spent less than a percent of their profits on stock dividends and stock buy backs and instead spent it all on wages and investment into the company.
Up to the 2007 recession when some of the biggest companies were spending over half their profits in stock buy backs
Something to think about
idk if its true that people earn to little, i think that artificial scarcity is making essential goods far more expensive than they should be
Well "earning too little" is in reference to what they can buy
People could be very wealthy if we restructured society
Bezos himself could end homelessness (besides the druggies that choose to be homeless)
^
finnish tunic gang
growing out my hair sucks
no
just too lazy
cringe
@everyone Daily Question 🔖
- What is your view on taxes? Low or High Tax, flat or progressive tax, etc?
High-ish.
And meh.
i dont care about them
I prefer no taxes
Then, a 20% sales tax
If we get 20% of thr GDP, thats 4.1T
Ends our debt
Flat
Low
Taxation is theft
Specifically property and income
Flat tax
A flat 0%
Across the board
Loool
Big siege
flat 100% tax on minorities and women 😎
Siegefag?
REEEEEE
Also