Re:Coinbase lays off around 1,100 employees
by __pache__ on Saturday June 18, 2022 @08:39PM
(#31795109)
Err, but you're asserting that we _need_ to grow this revenue without saying why?
Also, 90% top marginal tax wasn't really paid. Look at our historic tax revenue vs GPD. it's remarkably consistent, around ~17-20% no matter what policies we have floating around.
I am certain that we could reduce billions in spending to find money for actually important things. we do not need to keep increasing spending/revenue. we need to decrease spending and keep the same revenue. that's the easiest path.
Also, 90% top marginal tax wasn't really paid. Look at our historic tax revenue vs GPD. it's remarkably consistent, around ~17-20% no matter what policies we have floating around.
I am certain that we could reduce billions in spending to find money for actually important things. we do not need to keep increasing spending/revenue. we need to decrease spending and keep the same revenue. that's the easiest path.