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Don't raise taxes on them because innovation

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  • T [email protected]
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    [email protected]
    wrote last edited by
    #21

    I know its just a start but its good to see tha Australian government introducing new taxation on retirement savings over $300 million.

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    • R [email protected]

      And they will, except the value created is not from somewhere else.

      It's not this, it's that you don't actually have democracy when all your representatives are from a small pool of career politicians. That pool can be (mostly) groomed and bought long before getting a chance to be elected anyplace. It can also be threatened. And compromised in fucking children or murdering prostitutes. All kinds of stuff.

      Suppose you have a direct democracy element, then you have to buy\threaten the majority, and this won't be a secret. And threatening the majority is very hard.

      Here you can do all these things without ever getting a feedback. It's important to create feedbacks everywhere, if a system doesn't give feedback, then you don't know anything about how it really works.

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      [email protected]
      wrote last edited by
      #22

      That's an interesting argument for direct democracy, which I haven't heard before.

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      • P [email protected]

        I know its just a start but its good to see tha Australian government introducing new taxation on retirement savings over $300 million.

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        wrote last edited by
        #23

        In America we'd call that a War on Retirement, smear the politicians with ads, and ensure all the poor red states vote against it because it's a attack on freedom.

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        • Z [email protected]

          That's an interesting argument for direct democracy, which I haven't heard before.

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          wrote last edited by
          #24

          I've used it as an argument for libertarianism initially, because direct democracy is kinda impractical (thought me back then, LOL), but having grown up a bit I see the need for big militaries and in general synchronous pooling of resources, which libertarian models are notoriously not very good at.

          But right now things just as impractical as direct democracy are implemented everywhere, so times have changed.

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          • V [email protected]

            In America we'd call that a War on Retirement, smear the politicians with ads, and ensure all the poor red states vote against it because it's a attack on freedom.

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            [email protected]
            wrote last edited by [email protected]
            #25

            We're aguing over whether to make it $200m and indexed to inflation. Either way it better get up or many of us will be furious.

            edit: is? us.

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