On the menu today: New York State’s retirement fund to divest from fossil-fuel companies (and other miscreants), Bitcoin as strategy, bubble fun with SPACs and food, not seeing the wood ...
These are not the kind of prescriptions that a state desperate for investment and anxious to retain a very significant part of its tax base should be adopting.
Wealth is hard to measure and easy to hide.
Corporations don’t actually pay the corporate tax. You do.
In California, everything you own, you own simply at the pleasure of the state.
There are many other arguments against wealth taxes, but one that is often overlooked revolves around privacy.
If Sanders ever acknowledged that some millionaires and billionaires were good people, who supported many great charities, I missed it.