Viewing profile — cdfky

Correction they pay equivalent income tax to the bottom 90% (and a third of all once tax)

What duty - when tax dollars are spent on regressive policies, teachers unions, handouts and bailouts. Look at infrastructure and schools in the US. 1% of income earners already pa…

Capital is there because foreigners who park their money are not subject to a wealth tax

I can show an example otherwise - the PM of Singapore saying no to Bill Clinton when he asked the Singapore authorities to not impose corporal punishment on an American citizen (ca…

Regulations constraining housing like oning laws and hefty building codes are a thing

That's not Thiel's argument at all. His argument is that the most innovative companies tend to become monopolies. However monopolies are not always due to innovation, nor our monop…

Unfortunately 10m - 100m can't do much in developing countries - from my experience. But in developing and emerging economies you can make a huge impact.

While I would say you shouldn't fully trust some people, coming up with wild conspiracy theories don't help. Not trusting people with money (regardless if it's a lot) says somethin…

Caning is not used for minor offences, only for violent crime. It's more like a $300 fine

All markets are irrational. It will take time

If it burns down perhaps a functional skyscraper should be built in it's place. It would be a testament to a better, modernist future that we could build if we disregard all prior …