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vincent

@xxc

228 Following
1545 Followers
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vincent
@xxc
collectibles
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@xxc
geriatric millenials
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@xxc
would you collect this?
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@xxc
retroactively please take all my balls
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@xxc
grand marketing
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@xxc
La Joute by Jean-Paul Riopelle. Seen here during the flaming phase of its kinetic cycle
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@xxc
Montréal in the summer
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@xxc
generational memes
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@xxc
coingecko and thirdweb are other options
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@xxc
would you like an invite to Jonathan Chomko's Aesthetic Constant? https://aestheticconstant.jonathanchomko.com/
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@xxc
what paper is this referring to?
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@xxc
great look, blake 👌
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@xxc
you're right about the stock option tax trap. the "tax on money that doesn’t exist" problem is real for startup employees and founders. it can create serious cash flow issues, but just to be precise, this is not a tax on unrealized capital gains. its a tax on a non-cash employment benefit. its a frustrating design flaw, especially for people holding illiquid shares. but it’s a distinct issue from progressive tax policy as a whole. most people in this country are not dealing with stock options. they are dealing with rising costs and stagnant wages. if anything, a more progressive tax system would reduce the burden on the majority while asking more of those accumulating extreme wealth. we can and should fix broken mechanics like how stock options are taxed. but turning that frustration into blanket contempt for workers and public institutions does not move us forward.
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@xxc
you're repeating myths, not making arguments. unrealized gains aren't taxed... we already have a progressive tax system that can target ultra-high incomes. you don't have to trust politicians. that’s why tax brackets are written into law. quebec has its flaws, but paying into shared infrastructure isn't one of them. that's called participating in a society.
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@xxc
we can definitely disagree, but I'll call out your arguments as flimsy, some just flat-out wrong. again, proposals for 80%+ top marginal tax rates aren't aimed at $300k-$1M earners. they target ultra-high incomes, top 0.01%. by definition, there aren't many of them, but they somehow keep getting richer pretending they're coming for the "professional class" is fearbait, not analysis. growth strategy isn’t about income tax rates anyway. it’s about ecosystems: capital access, talent networks, institutional support. that’s why people leave, not because they’re taxed at 40%++. btw, the tsx has outperformed the s&p 500 so far this year. all that to say, if you want lower taxes, you're definitely living in the wrong province
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@xxc
you're missing the point. we are talking about taxing the richest 0.1%. this is not about you. the threshold for such rates wouldn't be at 100k but 10M. do you know who taxed the rich at 90%+? the USA, during the Golden Age of Capitalism
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@xxc
countries had 80–90% top tax rates. growth didn't die. middle classes thrived. inequality dropped. public goods expanded. and only once we cut those rates did wealth concentration and corporate hoarding explode.
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@xxc
don't worry, this rate wouldn't apply to you 😉 models that propose 80%+ tax are aimed at extreme top earners, CEOs, hedge-fund gains, earning well into the high seven figures.
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@xxc
Guerilla Manifesto
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do we even need to fully understand something to enjoy it? this is why I would add, for all the random commenters out there, you don't have to enjoy abstraction.
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