News for hackers. Stuff that matters.
Re:Harvard's response to federal government letter demanding... by saagarjha on Monday April 14, 2025 @09:51PM (#43688247)
Do you think they were arguing for taxing away all wealth over $1 million?
Re:Harvard's response to federal government letter demanding... by WalterBright on Monday April 14, 2025 @10:42PM (#43688520)
If they were taxed $1, that's $1 taken away from investments.
Re:Harvard's response to federal government letter demanding... by saagarjha on Monday April 14, 2025 @10:53PM (#43688572)
Ok, but how does that prevent the existence of what you mentioned?
Re:Harvard's response to federal government letter demanding... by roenxi on Monday April 14, 2025 @09:59PM (#43688284)
Do you think they weren't? What about that logic doesn't apply to millionaires?

Or to put it another way, if I make the same claim about millionaires; how do you expect to argue that they will be greatly affected by being taxed more? A 1% tax increase on someone's gross income is never going to "greatly" affect them unless, but if it happens 100 times they will be pennyless.

If you take money away from someone, they will have less money and do less because they have less resources.

Re:Harvard's response to federal government letter demanding... by saagarjha on Monday April 14, 2025 @10:56PM (#43688590)
I'm not sure what the disagreement is? None of the stuff you said is wrong, but I don't see how it is a response to my comment. Nor do I see how it is particularly relevant in a conversation where I assume the idea is a different progressive taxation rate.
Re:Harvard's response to federal government letter demanding... by roenxi on Tuesday April 15, 2025 @01:31AM (#43689257)
There isn't a disagreement, it is a question (technically, several questions). The hint is in the "?". Your 1 sentence comment isn't long enough to respond to directly without more information, even if I wanted to.