this post was submitted on 02 Aug 2024
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Unpopular Opinion

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it is regulated by many the same groups who utilize the system, and so it is inherently corrupt.

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[–] reddig33 5 points 3 months ago (1 children)

It amazes me that companies aren’t forced to pay a certain percentage of profit as dividends.

[–] [email protected] -4 points 3 months ago (3 children)

im amazed at a market with zero sales 'trade' tax.

every trade should have a % of value tax, or $50.00, whichever is greater

[–] [email protected] 6 points 3 months ago (1 children)

The tax is on pulling it out. People make small trades all the time, and computers make millions of them. It would take more time and money to calculate the taxes than the actual taxes.

[–] [email protected] 2 points 3 months ago (1 children)

It would take more time and money to calculate the taxes than the actual taxes.

this is a feature, not a detriment.

[–] [email protected] 2 points 3 months ago

Wait, so if a single thing that costs 10bucks and gets traded between companies 100 times should be taxed 100 times before it reaches the end consumer?

Do you really need to be told how much this increases prices?

[–] [email protected] 2 points 3 months ago
[–] [email protected] 1 points 3 months ago

There’s a tax on gains realized or something, right? But you’re right, I think, that taxing each transaction would do a lot to help redirect wealth from the ultra rich. I’ll consider it further, but I think you’ve persuaded me.