News for hackers. Stuff that matters.

A comment on Coinbase lays off around 1,100 employees. Parent comment

Re:Coinbase lays off around 1,100 employees by heliodor on Tuesday June 14, 2022 @03:14PM (#31744532)
Taxing billionaires is a simplistic knee-jerk reaction that doesn't address the actual problems people have. It just feeds people's hate.

Consider that people have a lot of problems with Amazon's practices. So suddenly, everyone is yelling to tax the hell out of Bezos. But no one has the drive to actually plug the holes that allowed him to make so much money in the first place. All kinds of employee injustices, environmental abuses, and whatever else pops up in the news all the time.

[ Parent | on HN ]
Re:Coinbase lays off around 1,100 employees by Johnny555 on Tuesday June 14, 2022 @03:20PM (#31744640)
I don't expect a billionaire tax to have any impact on Amazon's business practices, that doesn't make any sense. Amazon's treatment of employees is a separate issue from a wealth tax.

I just don't think that any one person should have the kind of power that comes from amassing a $100B+ fortune.

[ Parent | on HN ]