
Money Sloth
1.1K posts









Another way to raise funding is to charge a higher tax on buybacks. This again is a way to charge the biggest public companies more m, and impact us rich people more. A high enough tax pushes companies to reinvest in their companies and/or potentially pay dividends. And btw, qualified dividends are tax free for most Americans. So charging a higher buyback tax not only increases tax revenues, if the company does pay a dividend, married households making under 94k pay no taxes on it. If I own it. I pay full taxes. FWIW, This is one the Dems liked. turbotax.intuit.com/tax-tips/inves…



Did you even read what you wrote ? “Oracle like data provider “. Are you suggesting a crypto like oracle that outputs employment data, every month, on the same day , be REQUIRED FOR EVERY BUSINESS ? Who is gonna pay for the implementations? And of course there are gov agencies that have to respond as well. What do you have in mind for them ? Do you really think the implementation, maintenance and response timing and rates will be better than the current survey ? Get off your knees Chamath


Doesn't bode well for the strength of US econ data moving forward. BTW if Trump wants a stronger economy, undermining the reliability of BLS is about as counter-productive as you can get.




This is why I don't trust DOGE to do competent audits: Some shitty OSINT account misreads a contract that's about defending against stuff like phishing, and Musk just retweets it. The contract may well be a boondoggle! But to make that case, you need to do the fucking work.














