PODCAST: Hexapodia XIV: The Capital Positive aspects Tax

Key Insights:

1. Financial arguments towards increased taxes which will have been considerably believable again within the days of 70% or so most particular person and 40% or so most capital beneficial properties tax charges merely don’t apply now.

2. Proper-wing events that do not suppose they’ll credibly make the argument that cosseting their core constituencies is important for fast financial development seek for some non-economic cleavage during which the wealthy and the right-thinking poor, or the right-colored poor, could be on one aspect and the individuals who search a fairer and extra equal distribution of earnings and better taxes on the wealthy could be placed on the opposite—let’s all yell about vital race concept, and possibly they will not take note of the truth that we simply, you recognize, take all people’s cash.

3. Capital to fund funding is de facto not a giant constraint proper now—incentivizing financial savings in monetary belongings actually is simply pushing on a string.

4. Corporations with investments which have excessive societal worth in growth should be correctly incentivized—both by the scent of extra earnings subsequent 12 months from serving a bigger market with decrease prices of manufacturing by bigger scale, or by the federal government paying and so getting costs righter than the free market will get them.

5. “Doge coin” is pronounced with a mushy “g” sound.

6. No, Doge coin is just not named after the title of the pinnacle of state of the Venetian Republic

7. Doge coin’s identify comes from the Homestar Runner line: “I need a doge”…

8. Hexapodia!