Re:Hacker Publishes 2TB of Data from Cayman National Bank
by post_below on Tuesday November 19, 2019 @01:15PM
(#21576183)
It's one of those annoying internetisms that people often pick one part of a post or idea, take it out of context, and respond to that misrepresentation.
It's a bit like a straw man fallacy.
It happens a lot less often on HN though in my experience.
Right after the bit you quoted I noted that WB buying an expensive car doesn't even things out.
The idea of sales tax as a replacement for income tax isn't new or lacking rigor. Over the years it's had a lot of support from both economists and politicians. The math, at least on the surface, does work.
Personally, I haven't spent enough time looking at it to have a lot of conviction one way or the other about it's viability.
But it's an interesting idea that isn't invalidated by comparing cars.
It's a bit like a straw man fallacy.
It happens a lot less often on HN though in my experience.
Right after the bit you quoted I noted that WB buying an expensive car doesn't even things out.
The idea of sales tax as a replacement for income tax isn't new or lacking rigor. Over the years it's had a lot of support from both economists and politicians. The math, at least on the surface, does work.
Personally, I haven't spent enough time looking at it to have a lot of conviction one way or the other about it's viability.
But it's an interesting idea that isn't invalidated by comparing cars.