[ExI] self driving truck

[William Flynn Wallace]

 It's almost as if he's deliberately thumbing his noise at the poor. Forget
the morality if you like, that's just stupid.

Send that man a copy of a French history book featuring Louis XVI.  bill w

On Mon, Oct 31, 2016 at 10:57 AM, Adrian Tymes <atymes at gmail.com> wrote:

> On Oct 31, 2016 8:01 AM, "spike" <spike66 at att.net> wrote:
> > Should the Federal government try to institute a tax based on what we
> own, capital flees along with the owners of that capital, it and they
> cannot even be traced.  It is converted to gold, silver, other assets which
> cannot be found.  Wealth disappears into forms which do not employ anyone
> or create new wealth.  So… the Fed doesn’t do that.  So… the Fed cannot
> afford to deal with the newly unemployed.  So… it falls to states and
> locals which have the authority to tax property.
>
> By that argument, why does money not flee the state & local?
>
> Also, I recall that argument used against higher federal taxes and it
> mostly not coming true.  Wealth goes where it will make more wealth - even
> if the taxes are higher, but not high enough to cancel out that increase.
>
> (As for conversion to gold & silver - that's just transfer of wealth to
> those selling gold & silver.  Only so much is dug up per year; price
> increases can't make new mines appear, and only long term increases can
> make marginally unprofitable mines profitable.)
>
> _______________________________________________
> extropy-chat mailing list
> extropy-chat at lists.extropy.org
> http://lists.extropy.org/mailman/listinfo.cgi/extropy-chat
>
>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.extropy.org/pipermail/extropy-chat/attachments/20161031/fff1a193/attachment.html>