Astro Hacker News - Sergey Brin has now spent $100M to fight the billionaire tax

throw03172019 |next [-]

Sounds like a good investment to save $13B+

sinuhe69 |root |parent [-]

TBH, it sounds more like robbery to me. That is dictated by the majority doesn’t make it right.

randycupertino |root |parent |next [-]

Yes, robbery of the US citizens via sophisticated tax avoidance strategies.

https://www.propublica.org/article/the-secret-irs-files-trov...

unethical_ban |root |parent |next |previous [-]

Are you a taxation-is-theft absolutist or is there a line somewhere?

b1gOhbuddy |root |parent |previous [-]

[dead]

spottedmarley |next |previous [-]

Good for him, somebody ought to.

matchbok3 |next |previous [-]

The idea of a "one time" tax is so stupid that any person, regardless of income, should oppose it. It just makes no sense whatsoever.

abc42 |root |parent [-]

There's one use where it makes a lot of sense though: massive downpayments of government debt. Though it should be paired with an iron-clad obligation (like a constitutional amendment) not to let the debt rise like that again in the future.

vancouvermatt |previous [-]

Good for him.

If we want more tax dollars, eliminate QSBS stacking that allows $750m in cap gains tax free, charge a tax on loans against assets like stocks, get rid of the carried interest loophole, end the step-up on assets distributed via inheritances, fix the corporate tax strategies that the NY Times documented https://www.nytimes.com/2026/05/29/business/economy/offshore...

But even better, would be to fix the spending & fraud problems and implement Milei style reforms that stop government salaries for elected officials for deficit spending...