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this post was submitted on 24 May 2026
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Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
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It wouldn't be so bad if you couldn't use the unrealized gains. But people can have a bunch of stock, get an untaxed loan, and have access to money without the tax burden. We should fix that.
Also property tax should probably be progressive
Yeah, we should fix that, but it's still pretty bad because it incentivizes investments in stocks (an inherently speculative asset that destabilizes the world) over bonds (a contractually defined asset that more effectively resists speculation and destabilization). Sure, they're both financial assets, so there's a certain amount of nonsense built in, but I'd much prefer a society filled with people who invest in bonds and incentivized to demand financial regulation.
Also, we should treat stocks like dividends and tax them at the same rate. You get money every month from dividends and you choose whether you want to re-invest it or not. You're effectively auto-re-investing with stocks, so it's not meaningfully different. You should have to pay on the yearly difference in value, and if that means you have to sell some to pay the tax then you should just get over it.
What happens when my socks value decreases 30% one month? Do I get a tax refund?
It depends on the details of the implementation. There are many possible solutions.
If we change it so the rule is like "if you use stock as collateral to get a loan, that is income and taxed as such" then no. You might just default on your loan, but that's kind of on you and the bank for using a volatile asset as collateral.
Got some bad socks there brother
What happens when someone fails to pay back their bond? Do I get a tax refund?