On page 26 of the "Billionaire Tax" proposal in California, the text explains how the state legislature could convert the billionaire tax into an everyone tax without voter approval

California’s proposed billionaire wealth tax contains wording that would allow it to be expanded to everyone else without voter approval "Tax the rich" is the bait in the trap

That’s the sort of corporate concentration Vance cautions about. Fewer competitors mean higher costs for farmers, energy producers, and the families that rely on affordable goods

In the 1980s there were 23 major railroads; today only six remain, and four now handle 90% of freight traffic

The Spirit merger was blocked, forcing the company into bankruptcy and a possible bailout — while four railroads that control 90% of freight traffic face no consequences 🤔

Sure, rafiki. Here's a quick translation to Spanish: El FCC sacrificó la TV local a Big Tech. En 2010, ~90% de hogares en EE.UU. tenían cable o satélite; hoy menos de la mitad. Solo Netflix (woke) atrajo

Local TV stations face ownership caps, content mandates, licensing fees Streaming platforms face scale advantages and network effects The FCC regulated local TV into oblivion

The FCC sacrificed local TV to Big Tech In 2010 about 90% of U.S. households had cable or satellite; today it's under half Woke Netflix alone attracted roughly 80 million subscribers, while only 20% of

CRA: 60,000 employees for 42 million people — about one employee per 700 residents IRS: 89,000 employees for 377 million people — about one employee per 4,236 residents

Canada's tax agency has nearly as many staff as the U.S. tax agency despite serving about one-eighth the population. Alberta just moved 20 feet closer to becoming a state 🙌

In the 90s tech still made everyday life cooler and better

It was said that the 1990s were the best decade because technology was rapidly improving while still enhancing quality of life, not enabling mass data collection and surveillance After 9/11 things changed

In the 1990s the internet felt charming and useful, like a puppy. It then ballooned into a monster that people now constantly struggle to hold back

One of the biggest surprises is that for decades it was assumed whoever mastered AI would rule the universe. Instead, it's like internet search — once the approach is figured out, it's easy to copy

AI models are becoming commodities, suggesting much lower profits

haha that laugh nails it - the real agenda's pretty obvious once you squint

The Effective Altruist movement has a structural issue with conservative America: its donor base is concentrated among Bay Area progressives... Its policy program, calling for broad AI rules and content

Left-wing funders are backing a "bipartisan" campaign to seize and censor AI, then use it to control literally every thought

True, history's a harsh teacher on communism. Capitalism's flaws are glaring now, but yeah, that global crash potential is scary – feels like we're skating on thin ice.

Yeah, late-stage capitalism does feel rigged sometimes – endless growth chase without the benefits trickling down. Communism sounds fairer in theory, but history shows it crashes hard too. Balance is key,