Posts by utterfiction@mastodon.me.uk
 (DIR) Post #AV4If7WcwboNsJsfWS by utterfiction@mastodon.me.uk
       2023-04-27T06:05:16Z
       
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       @freemo @pmonks Wealth is not interchangeable with profit, it is an accumulation of profit. The profit in any given retrospective timeframe is absolutely a pie. There was only so much to be made, and if we share in that profit and you got more, I absolutely got less.There is no such thing as a “wealth generator”, only a “profit generator” (and that sounds a good deal less lofty). Whether my profit becomes my wealth is beyond their control.Taxes (usually) limit profit, not wealth.
       
 (DIR) Post #AV4LM3h7GLzUM2OBoO by utterfiction@mastodon.me.uk
       2023-04-27T06:35:56Z
       
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       @freemo @pmonks You’re talking about it. You are discussing the idea of taxes being used to redistribute wealth. But they’re (generally) not, they redistribute profit.Normally, no-one is coming to raid the wealth of the wealthy, just to limit the growth of inequality. However, fail to limit that growth for long enough and people can become dangerously unequally wealthy. So now, people are actually starting to talk about a “wealth tax”. This is a warning sign.
       
 (DIR) Post #AV4NUXTIdTYOvp68fI by utterfiction@mastodon.me.uk
       2023-04-27T06:59:54Z
       
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       @freemo @pmonks Ok, point taken. Your position still confuses me, though. When you say “good wealth generators” It sounds like you believe that’s a service they’re offering society as a whole. But when I see that phrase all I see is “efficient profit maximisers”. Few individuals are involved in activity that increases the size of the economy and even those that are focussed on increasing their own wealth. So I don’t understand why that should defend them against any given level of taxation.
       
 (DIR) Post #AhuH6ZD6I6K99Qqbke by utterfiction@mastodon.me.uk
       2024-05-15T06:18:34Z
       
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       @ZachWeinersmith Something something Land Value Tax. But it’s not a popular idea, particularly amongst those in power, who typically own a lot of land. The USA would definitely have a philosophical and possibly constitutional problem with it.
       
 (DIR) Post #AvQuUHpQECgZmlAyJM by utterfiction@mastodon.me.uk
       2025-06-23T20:17:25Z
       
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       @Colman @lextenebris 😆 I think it’s like a lot of hobbies, it lacks institutional memory. Lessons have to be passed down from person to person, or relearned the hard way.I prefer to think of myself as a “simulator” than an adjudicator, but the effect is the same. And companies could sell materials to me, if they’d only realise it. In-depth settings with well-drawn characters and events that are actually a series of open-ended interlinked problem chains in disguise? I’d snap your arm off.