| ▲ | lovich 17 hours ago | |
> Regulations shouldn’t have to change with every new fintech innovation… Hard disagree given that a lot of fintech innovation is increasingly devious ways to circumvent the spirit and the letter of the law > … and VCs would face the choice of taking half the payment and fucking over workers, or taking the same size payment while not fucking over workers. They may be selfish, but there not so self-destructive as to choose the former out of spite Also hard disagree. The VC and investor people I’ve met and work with seemed to have a cultural aversion to labor being anywhere near the same level of compensation or power as them. I would fully expect them to take a deal that fucked over the employees if they got paid the same either way. You’d have to tune your suggested system so that not fucking over the employees was heavily incentivized | ||
| ▲ | altairprime 15 hours ago | parent [-] | |
Works for me! I do tend to be more optimistic than most. I would scale it so that the tax scale is applied with an exponential factor that concentrates the impact on high-revenue businesses while protecting low-revenue ones. (And I suppose as a bonus it would provide a financial counter-incentive against merged conglomerates, too.) | ||