Re:Online installment loans have taken the subprime market b...
by kortilla on Tuesday October 29, 2019 @01:35PM
(#21389842)
How exactly do you think limiting upsides is meant to help the bottom? Tall poppy syndrome has never been an effective policy for helping the bottom. It’s strictly about taking down the rich.
You can argue about taking down the rich (they have too much power, your jealous, etc), but don’t for a second pretend you’re doing it to uplift the poor.
And what mechanism do you propose? Just a 100% tax on any gain over X%? Do you realize how easy it would be to then just sell at that threshold and invest in something else?
You can argue about taking down the rich (they have too much power, your jealous, etc), but don’t for a second pretend you’re doing it to uplift the poor.
And what mechanism do you propose? Just a 100% tax on any gain over X%? Do you realize how easy it would be to then just sell at that threshold and invest in something else?