J.R.Brooks

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J.R.Brooks

J.R.Brooks

@Topo_1975

Katılım Şubat 2016
96 Takip Edilen9 Takipçiler
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J.R.Brooks
J.R.Brooks@Topo_1975·
When we run out of people to tax, we take from the unborn and the unsophisticated. It’s all so tedious and wrong. We need constitutional limits on printing and borrowing money. We need a cap and trade scheme for entitlements. Or else we devour ourselves.
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J.R.Brooks
J.R.Brooks@Topo_1975·
@aleroi @KnowledgeArchiv Ok I concede it’s domain specific but allowing committees to make decisions that belong to the individual (and your welfare states - an extension of the same thinking) is the root cause of all Europes malaise. You should worship committees less and great men more.
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The Knowledge Archivist
The Knowledge Archivist@KnowledgeArchiv·
"I've searched all the parks in all the cities — and found no statues of Committees." — G.K. Chesterton
The Knowledge Archivist tweet media
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aleroi 🇫🇮🇪🇺🤝🇺🇦
aleroi 🇫🇮🇪🇺🤝🇺🇦@aleroi·
@KnowledgeArchiv This is actually hidden praise of committees. They specifically prevent the concentration and personification of power to one person. We all know people are fallible and we also know that power corrupts everyone, so it is far better to share power than to concentrate it.
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J.R.Brooks
J.R.Brooks@Topo_1975·
@GeoffWilsonWAM A 10% coupon with 3% inflation equates to 2% real after tax returns. It’s already a 70% tax on income. Quickly climbs to 90% with compounding. Clearly they know this, they just don’t care.
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Geoff Wilson
Geoff Wilson@GeoffWilsonWAM·
Theft from aspirational Australians will be delivered in the budget next week. Young Aussie puts in $10k, compounds at 15% for 50 years → $10.84 million. Inflation-indexed cost base: just $44k. Current CGT: $2.63M tax. Labor’s new proposal: $5.23M tax. They want to seize HALF your life’s work. This isn’t tax reform — it’s theft from aspirational Australia. Stop punishing success. #TaxRaid #AussieDreamKiller
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J.R.Brooks
J.R.Brooks@Topo_1975·
A 50% tax is rarely that. For fixed income, a 10% return is 5% after tax, 2% real terms. Without tax it’s 7% real terms. The problem gets worse as you compound. Over 10 years, tax has taken 80% of what you would have earned. We need lower taxes.
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J.R.Brooks
J.R.Brooks@Topo_1975·
@romanhelmetguy The feeling in Singapore is of relentless competition and striving. It’s a very status conscious society. Neither of those things actually lend themselves to trusting the person next to you.
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Roman Helmet Guy
Roman Helmet Guy@romanhelmetguy·
In a high trust society, your trustworthy neighbor looks after the kids. Your trustworthy plumber gives you a fair deal. Your trustworthy politician tells you his true opinions. I know standards have fallen so low, but high trust isn’t just about not killing and robbing people.
Roman Helmet Guy@romanhelmetguy

High trust doesn’t just mean low crime. Only 35% of Singaporeans say most people can be trusted. That number is 83% in Sweden. That’s high trust. Singapore can’t even have trial by jury because jurists always sided with their co-ethnics. It’s low crime, not high trust.

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J.R.Brooks
J.R.Brooks@Topo_1975·
@DellAnnaLuca Anyway, appreciate your thoughts. Hard to argue when it’s totally hypothetical.
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Luca Dellanna
Luca Dellanna@DellAnnaLuca·
@Topo_1975 Also, doesn’t the existence of charities presupposed the existence of charities jobs, so the existence of jobs?
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Luca Dellanna
Luca Dellanna@DellAnnaLuca·
What I find particularly disgusting about the UBI discourse, is that it seems all advocates ask the question “how I will get a subsidy” and none “how will I contribute.” Even if AI takes, say, 90% of existing jobs, there’s a 10% that’s highly likely to persist. Are UBI proponents asking, “how do we ratio those work hours to ensure everyone contributes equally?” Of course, they aren’t. Are they asking, what other jobs can we create? Of course, they aren’t.
Max@minordissent

UBI advocacy stems from the naïveté and solipsism that because *I* am a deeply creative latent producer who is oppressed by my wagee job and would actualize my creative potential if only i could have my basic needs met, this must be true for everyone. Its not. First of all, it’s not even true for these “creatives”. If you aren’t creation maxxing while waging, you wont do it under luxury communism either. Creative work is extremely taxxing and your wage job isn’t actually that hard. The problem is your neuroticism and lack of discipline, not your job. All your necessities being provided for will only make you weaker and gayer such that you’ll make up some new bullshit to get overwhelmed by and then cope by playing video games all day. But worse because you won’t even have “at least i did *something* productive today”, which will magnify your depression. Second, luxury communism already exists for the bottom 20% of the population. All their food, housing, etc is completely covered by the state. Entire generations of people who haven’t worked a job in their lives. Do they go on to produce beautiful art and build companies? Or do they go on to get high and kill each other? The truth is that we are close enough to UBI today that most of the people who will ever become great artists and inventors are already going to do it, and as we get closer all that will happen is the people incapable of anything more than wage slavery (most people) will simply become dysfunctional parasites.

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J.R.Brooks
J.R.Brooks@Topo_1975·
@DellAnnaLuca There will be jobs in the future. If the question is why have a system like this at all - well because some people through bad luck, bad circumstances, or poor character will fall through the cracks. Point is to solve that problem with a small as possible welfare state
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J.R.Brooks
J.R.Brooks@Topo_1975·
@DellAnnaLuca It’s a fair point. If the dollars aren’t spend on you, you’re not as likely to care. But would you care who got your big check each year? Would you pay a bit more attention? Would you give to groups who were engaged in fraud and waste?
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Luca Dellanna
Luca Dellanna@DellAnnaLuca·
@Topo_1975 In theory, yes. Is it what happens, though? I see plenty of charities getting plenty of funding despite doing a terrible job. Just because people see the “charity” in the name and donate without checking whether they’re actually doing a good job.
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J.R.Brooks
J.R.Brooks@Topo_1975·
@DellAnnaLuca Kind of how there was a serious charity ecosystem prior to welfare, but it’s mandatory so the seriously vulnerable are guaranteed care.
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Luca Dellanna
Luca Dellanna@DellAnnaLuca·
@Topo_1975 Is there a recourse if a charity does a bad job, as long as it’s not outright fraud?
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J.R.Brooks
J.R.Brooks@Topo_1975·
@DellAnnaLuca Well in Australia the dollars seem to flow to where the votes are rather than the need. And they seem bloated and impersonal. And there’s no real recourse if they do a bad job. This would be seeking to remedy that primarily. Btw wouldn’t just be charities, could be for profit too
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Luca Dellanna
Luca Dellanna@DellAnnaLuca·
@Topo_1975 A state like Singapore would probably do itself the work of charities. More in general, I’m not sure I understand the need for charities specifically. What do charities provide, in this scenario, that couldn’t be provided by a company or government?
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J.R.Brooks
J.R.Brooks@Topo_1975·
@DellAnnaLuca Too open to abuse to outweigh the good? I wonder if a strong state like Singapore could make it work.
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J.R.Brooks
J.R.Brooks@Topo_1975·
@australian In the case where the state sets the curriculum, hard to see male underperformance as anything but discrimination.
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The Australian
The Australian@australian·
University leaders warn Australia faces a generation of ‘lost boys’ as young men increasingly fall behind in education and employment opportunities. Read more: bit.ly/3ODCprh
The Australian tweet media
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J.R.Brooks
J.R.Brooks@Topo_1975·
@larissawaters Make the whole economy NDIS and we'll have found the ultimate free money glitch
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Larissa Waters
Larissa Waters@larissawaters·
Cutting the NDIS is not just cruel, it’s bad economics. Every dollar spent on the NDIS puts $2.25 back into the economy, by enabling greater workforce participation. If Labor needs revenue they should start with a 25% tax on gas exports that would bring in $17 billion a year.
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Larissa Waters
Larissa Waters@larissawaters·
Right now, Labor is gearing up to rip funding from the NDIS in the upcoming budget. There's always money for war but right when people are doing it the toughest, the NDIS and the people it supports are facing cuts.
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J.R.Brooks
J.R.Brooks@Topo_1975·
@RonDeSantis @RonDeSantis please apply this same logic to the printing of money to finance the debt - this is just a tax and should be treated in the same manner
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J.R.Brooks retweetledi
Donald J. Trump
Donald J. Trump@realDonaldTrump·
The United States has spent EIGHT TRILLION DOLLARS fighting and policing in the Middle East. Thousands of our Great Soldiers have died or been badly wounded. Millions of people have died on the other side. GOING INTO THE MIDDLE EAST IS THE WORST DECISION EVER MADE.....
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J.R.Brooks
J.R.Brooks@Topo_1975·
@robinhanson Bizarre framing. Having children, being and having loyal friends, being respected by your community, are all more valuable signals of value than ‘worked longer hours at the widget factory’ and earned more.
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J.R.Brooks
J.R.Brooks@Topo_1975·
@captgouda24 Positive inflation is necessary for Keynesian economics. Can’t control interest rates without creating inflation. Can’t stay in government without Keynes. Nothing to do with real economics.
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J.R.Brooks
J.R.Brooks@Topo_1975·
@ctottam140 @ApoStructura UBI is a bad idea for this reason and others. Much better to replace welfare with charity where people can control who and how they are helped. Replace the taxes that fund welfare with a flat tax, with the taxpayer responsible for allocating their tax dollars to worthy causes.
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Matt
Matt@ctottam140·
The problem, which was the center of Hazlitt and Friedman’s disagreement on UBI, is what do you do when those given thousands a year become destitute again from irresponsible spending or vice? The only way it would work is if it truly replaced all other forms of welfare and barred the creation of new programs going forward.
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ApoStructura
ApoStructura@ApoStructura·
The U.S. could literally do $20,000/y UBI today without raising taxes if there were no other forms of welfare. If you discarded every program except military/infrastructure/law enforcement/debt repayment, the U.S. federal government would have $20,000 left per adult to spend.
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Keşfet

@aleroi @KnowledgeArchiv @GeoffWilsonWAM @romanhelmetguy @DellAnnaLuca @elonmusk @BarackObama @taylorswift13