Holy shit. I didn’t realize why so many people are fine with a vaccine coming whenever it comes.
You selfish dummies think it’s about you getting a vaccine, and don’t realize it’s about healthcare workers getting vaccinated first.
I'm also realizing you think me stating the UK delivering 800k vaccines is a criticism of Canada, when I didn't mention Canada at all – your insecurities just kicked in and you took offense for some reason.
Everyone: @AOC is selling a "tax the rich" sweatshirt for $58! That's way too expensive.
Me, a former mass market apparel designer: Made in America. Union printed. Sounds about right. That's what it costs to pay everyone a decent wage along the way.
Capitalism was designed for one tax – a property tax.
The average person thinks taxing high incomes makes more sense, and rich folks are happy you think that... because it doesn't.
Quick thread on why income taxes should be low, and property taxes should be high.
<thread> 🧵👇
2/ Adam Smith argued land is a natural monopoly. As people earn more money, the rents of the land scale.
No additional productivity was created on the land, but additional productivity created by the user was leached by the land's lord.
3/ If wages grow faster than the annual rate of property taxes, extra income is captured for non-productive purposes.
This creates incentive to hoard, and it also creates incentive to do literally nothing with the land. This is called land banking. Buy, hold, and pay low fees.