Winter 2021 LC Thread—I Want Sous Vide

Guy is responsible for grades, so obviously you don’t dunk dunk. But a well timed JAQ question is definitely warranted.

Even if the professor is telling horrible lies that are severely damaging the country?

If he was pushing the stolen election or defending voter suppression laws would you just sit quiet?

Like if this history or some shit fine, but this dude is pushing GOP propaganda that is hurting society greatly.

If your other grades are good you should be fine. Or if the GOP take on taxes benefits you I’d understand not wanting to speak out either.

It’s not a dick measuring contest, its fighting back against bullshit lies and that leading to extreme inequity, poverty, death, and despair.

like I’m not saying push back on everything, but when he’s straight up misrepresenting facts to push GOP talking points you gotta show the class he is wrong and all the sources to prove it.

Rampaging naked Florida woman, 53, destroys an Outback Steakhouse and hurls bottles at cops before being taseredœ

That is a fit 53.

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Yeah I’d probably avoid going into any line of questioning that makes any sense at all since this guy is a massively stupid piece of shit who isn’t worthy, so in those situations I almost always prefer high-level performance art questions like,

“Would you rather: Annie Duke or David Duke?”

The best part is that he’s predictably gonna ask, “Who’s Annie Duke???” like it even fucking matters who Annie Duke is. You end it by laughing, and the official scorer marks it a slam dunk basketball shot. Two points.

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You might even say she’s a kindred spirit…

81688_2

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Did you just invent in your head a way you imagine bitcoin works and then get mad about it and at the imaginary people who believe the imaginary thing you just invented?

If this is only the first lecture, it probably isn’t.

Troll his ass then drop out the next day if you see this professor again.

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What are the actual practical policy proposals to fix this? Force reporting of wealth over $10 million with a new wealth tax? Deemed dispositions on unrecognized capital gains? Actually forcing people to sell some % of assets each year to trigger recognized capital gains?

Yes. But from the CIA.

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The fact that nobody in Canada owns their home is proof of this obviously.

Guillotine

https://twitter.com/PopulismUpdates/status/1402075746663731205

Is as it always will be

uNiVeRsiTieS aRe LiBeRaL MaRxiSm iNdOcTriNaTiOn GuLaGs

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hqdefault

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This woman is to Florida as kangaroos are to Australia.

Well regarded yet often culled and eaten?

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Endemic and intriguing, but not to be trifled with.

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If you want ultrahigh income people to pay a reasonable rate of tax on their economic income, you basically have no choice but to tax unrealized capital gains, and deal with the (substantial) problems that creates. And that probably doesn’t work for things that aren’t public securities.

IMO, a better alternative is to shift the tax base to consumption, which you can compute as income under today’s definition minus investments plus loans/return of capital. You need some kind of tracking system for inflows and outflows to brokerage accounts, etc., but it ought to be workable. You also need to figure out how to deal with consumer durables (e.g., you don’t have $25,000 of consumption the year you buy a car or $400,000 of consumption the year you buy a house). That system is pretty alien to the way things work now, but I think it actually maps reasonably well to people’s intuitions. You (regular people, not the people reading this) don’t want to tax Elon Musk for creating a new electric car company (income), you want to tax him for flying his private jet all over the place and buying a huge house, etc. (consumption). And no one wants to tax kindly old PE fund manager Warren Buffett specifically because he has a small house–that’s what a consumption tax gives you.

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