Sergey Brin has now spent $100M to fight the billionaire tax

throw03172019 15 hours ago | parent | next [-]

Sounds like a good investment to save $13B+

TBH, it sounds more like robbery to me. That is dictated by the majority doesn’t make it right.

	▲	unethical_ban 9 hours ago \| parent \| next [-]
		Are you a taxation-is-theft absolutist or is there a line somewhere?
	▲	b1gOhbuddy 13 hours ago \| parent \| prev [-]
		[dead]

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spottedmarley 13 hours ago | parent | prev | next [-]

Good for him, somebody ought to.

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matchbok3 15 hours ago | parent | prev | next [-]

The idea of a "one time" tax is so stupid that any person, regardless of income, should oppose it. It just makes no sense whatsoever.

	▲	abc42 11 hours ago \| parent [-]
		There's one use where it makes a lot of sense though: massive downpayments of government debt. Though it should be paired with an iron-clad obligation (like a constitutional amendment) not to let the debt rise like that again in the future.

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vancouvermatt 14 hours ago | parent | prev [-]

Good for him.

If we want more tax dollars, eliminate QSBS stacking that allows $750m in cap gains tax free, charge a tax on loans against assets like stocks, get rid of the carried interest loophole, end the step-up on assets distributed via inheritances, fix the corporate tax strategies that the NY Times documented https://www.nytimes.com/2026/05/29/business/economy/offshore...

But even better, would be to fix the spending & fraud problems and implement Milei style reforms that stop government salaries for elected officials for deficit spending...