Yeah totally agree - which should make workers movements that prioritize wins for all American workers the goal. Child care / education systems that work / health care coverage that works - helps the 8% rugged manufacturing as well as like 50% of the active work force. Vs. bringing back high labor work / low skill - which if we pull it off would mean I what? 2-4% expansion of those industries? So…. 12% of the workforce would be prioritized? (as they expand those sectors).

Internal manufacturing to secure specific interests makes sense. (Medical supplies like during COVID or reduction of reliance from certain super powers sure.

But the current admin is at odds with financing sectors or even stimulating or supporting sectors with policy (it’s actively cutting and damaging policy in them) while also slamming tariffs across the very same sectors.

So it makes no sense. But that’s what I figured going into all this. We are reducing class mobility, while reducing health and safety, with every policy and cut. While increasing the debt simultaneously. It’s wild.

Yeah, but I would say that is the outlier not the norm. Though, I'm arguing success not talent. At what point has your talent gotten you x amount of fame and fortune and at what point do you not 100% own that success? In both cases, Taylor and JK have an entire crew around them. Makeup Artists, PR people, media personalities, photographers, managers, band members, roadies, and so on and so forth. At what point is a CEO or even a self starter not really 100% owning what the company, product, or persona is? At what point is it down to thousands if not millions of people holding you up? I just think it is something that no economy has ever really determined. It takes a village whether it is fans, consumers, family, friends, coworkers, associates or whatever to build something that can be considered great. I just feel like there's a point where a person really needs to step away and say that it is no longer just MINE anymore, but I'm not greedy either.

Imagine if the doctor who invented the vaccine for polio demanded a billion dollars. Everyone would be rightfully disgusted even though it was one of the most valuable contributions to humanity of all time. The polio vaccine has saved our country trillions.

Now why is a singer entitled to billions if a vaccine scientists aren't? No one needs or deserves billions. No one.

Tax them on loans against those assets. If they can spend it, it's fucking income. Enough bullshit.

Regardless of their wealth being in M1, M2, or M3, it is wealth taken off the backs of the working class and given to the hands of a few people. Taxing it is the most conservative approach to giving it back to the people who actually created that wealth; it's a solution that works within the existing political system.

Money itself is an abstraction for wealth. Sometimes, it can be a useful one. But take the abstraction away and think about the stuff it actually represents. Taxing that "unrealized wealth" may reduce GDP in a technical sense, but GDP is an abstraction built on an abstraction. Constantly rising GDP is not a good end goal in itself. Ensuring that everyone has their basic needs met is a much better one.

I feel you, and that's a problem because if you want to tax a billionaires "unrealized" profits, you probably also have to tax some poor shmuck's unrealized 401k profits when they have like 100k stashed away. I'd be cool with higher consumption/sales taxes for ultra rich person items: third or fourth homes, property in the "x" percentile of value above the average, luxury items like yachts or Ferraris. Theres a whole world of solutions, if only we could get the the politicians to enact them.

Or hell, just make them sell their stocks and pay tax on unrealized profits for anyone above like "x" millions. They'll be fine at the end of the day, and it'll dilute their corporate ownership once the company gets too big anyways.