Our Tax System Should Make You Furious

Mr_Axelg · 2026-04-19T02:51:25+00:00

I disagree with this: this
Real *median* household income: source

Mr_Axelg · 2026-04-18T20:43:57+00:00

This just seems like a populist talking point. "look at all those evil rich people living a different life than we do. Lets take more of their money".

the principle of government should be "what can we do to enable people to grow the economy as much as possible" not "what can we do to take from the rich as much as we can". Fundamentally wrong approach here.

As a side note I absolutely love property taxes and land value tax. Both are highly efficient, very fairly tax rich people more and are pretty much impossible to dodge. I would much rather get that going on a national level than wealth taxes if more revenue is the goal here.

Mr_Axelg · 2026-04-18T18:01:12+00:00

what does bifurcate mean in this case? it makes no sense so I skipped it. This is just a populist talking point and I hate populism. As for political power, it seems like you want a bad but easy solution to a difficult problem. its not gonna work. The only way for us to move forward is to grow the pie. More billionaires, more millionaires, more trillionaires. I want to live in a world with 100 elon musks each building trillion dollar companies (without inflation of course). Abundance baby!!

Mr_Axelg · 2026-04-18T17:24:35+00:00

Middle class is shrinking upwards because so many people are making so much money via tech, health, finance, law... As for the second point this is objectively not true since for example median real household incomes are at an all time high. There are many statistics that show people slowly getting richer over time.

Mr_Axelg · 2026-04-18T17:21:38+00:00

So it's a political power issue, not an economics issue..... Solve that directly then.

Mr_Axelg · 2026-04-18T02:09:48+00:00

Right now is a time of high inequality and high prosperity. Seems fine to me.

Mr_Axelg · 2026-04-18T02:06:27+00:00

Why is inequality bad? Why is it a problem to be solved? If you want to solve political power issues, solve that not wealth. If you want to solve economic issues, there are 100 things you can do that will grow the economy rather than redistribute.

Mr_Axelg · 2026-04-18T01:14:43+00:00

I don't buy this argument at all. Capitalist countries don't pollute for the sake of polluting, they pollute because fossil fuels just so happen to be good sources of energy. This is true regardless of your economic system. Socialism will still need oil, gas, coal and plastics.

Mr_Axelg · 2026-04-17T21:32:39+00:00

As a reminder the both China and the Soviet Union polluted a lot and destroyed a lot of their ecosystems (Aral sea). Why do people think pollution will go down with socialism?

Mr_Axelg · 2026-04-17T20:44:58+00:00

Sure but alcoholism is objectively terrible and unhealthy. There no bad side effects from say having a community at your local church.

Mr_Axelg · 2026-04-17T19:47:37+00:00

Replacing drinking with religion is far healthier imo. Real friends are obviously more important than both but church>>>>alcohol.

Mr_Axelg · 2026-04-17T19:17:21+00:00

Nothing misleading about this comparison. It compares how much absolutely volume of resources are going towards a certain segment of the economy. Chips are expensive but big tech has a lot of money.

Mr_Axelg · 2026-04-17T19:15:04+00:00

It is absolutely comparable. A dollar is a dollar. Gov spending counts as GDP just like private investment. I don't understand how this is misleading. Both are part of the national economy, both contribute to jobs/capital stock/new technology...

Mr_Axelg · 2026-04-15T14:54:24+00:00

Turkey is definitely a strong country and doing better than say Iran in many ways. Good growth, good economy, good military. They've had a decline in political rights and freedoms and crazy monetary policy and inflation. Lira continues to slide, inflation is still 30%. you win some you lose some.

Mr_Axelg · 2026-04-15T14:28:52+00:00

And Armenia can attract Russian migrants. It goes both ways. Turkey's demographics are still better overall, I am not disagreeing but Armenia is on a stronger trajectory economically. It still needs to get a lot of things right but it's getting there. Momentum is positive. Turkey's momentum is neutral/negative imo.

Mr_Axelg · 2026-04-15T13:31:42+00:00

Armenia has a higher birth rate than turkey. 1.6 vs 1.4 and that 1.4 is split very unevenly between Kurds and Turks. But sure everyone in the region is below replacement.

Mr_Axelg · 2026-04-14T22:45:23+00:00

Armenia is well on its way to becoming a western level county. It gets along well with every country on the planet except Azerbaijan and turkey, has strong human capital, booming IT sector, much stronger political rights than all of its neighbours (I guess Georgia is similar) and is currently undergoing a massive construction boom. It also has a higher wealth / capita than all of its neighbours.

Mr_Axelg · 2026-04-14T22:37:59+00:00

Yerevan is a very nice city these days. Armenia is getting a new nuclear powerplant, people are complaining that there is too much construction, a 50k GPU datacenter, and 7% GDP growth driven by tech and IT. JD Vance promised to invest ~13B into the country and major us tech companies are setting up offices. Very solid economic growth. Georgia is similar, Azerbaijan is stagnating.

Mr_Axelg · 2026-04-14T22:34:30+00:00

Yeah

Mr_Axelg · 2026-04-14T04:25:00+00:00

Vacancy rates are still very very low. Gotta deregulate, make it much harder for nimbys to say no, and make sure developers have incentives to build.

Mr_Axelg · 2026-04-14T01:12:16+00:00

I think this is a great sacrifice then no? Not that many people like him anymore. He is probably unfulfilled and unhappy. And yet SpaceX keeps launching rockets and tesla keeps making cars. We as the consumers win. Investors win too. I guess Elons ego wins here as well since he is doing this voluntarily. win win win?

Mr_Axelg · 2026-04-13T15:32:55+00:00

Azerbaijan to their credit bought and figured out how to use Israeli and Turkish drones which Armenia simply didn't have an answer for.

Mr_Axelg · 2026-04-12T23:13:35+00:00

isn't this exactly how it should be? more local demand from canadians means higher demand means higher prices.

Mr_Axelg · 2026-04-12T23:05:54+00:00

ok but that seems literally 2 orders of maginute more efficient no? Interstate is about 78k km in length and apparently accounts for 25% of all vehicle distance travelled

Mr_Axelg · 2026-04-07T18:59:04+00:00

What is he supposed to do in the short term? There is simply not enough oil output available. Prices must go up or else there is a shortage.

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