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Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

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Re: Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

#271

Post by johnnyanmac »

CamperBob2 wrote: post #208
amarcheschi wrote: post #202

Earlier quoted context omitted.

Because the ones owning social medias, newspapers (and whatnot) pushed heavily for it

And why did they give up their agency to these shadowy media oligarchs...? Answer: because they're stupid. The ones who weren't stupid were impossible to herd to the polls, or at least a lot more difficult. As a result they were outnumbered. Any system that removes the influences you cite will leave the same stupid voters in place, ready to fall for the next con man who comes along. The problem isn't the money. The p…

>why did they give up their agency to these shadowy media oligarchs

decades tearing down education is paying its dues. Once again, from the people who are making you feel like democracy isn't working.

>I'm tired of giving stupid people so much power over my life.

If power is money, boomers still have a lot of power. And they leveraged politics their whole lives to benefit them (even if destruction of the younger generation is a side effect)

If power is votes, then millenials should be the bloc in charge now... but we still had worse turnout than boomers. That really says something.

Re: Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

#272

Post by kadabra9 »

johnnyanmac wrote: post #263
kadabra9 wrote: post #211

Earlier quoted context omitted.

You could confiscate 100% of the wealth of every billionaire in this country and it wouldn’t fund the government for an entire year. It is and always will be a government spending issue, the government can’t help itself but to just steal more from the taxpayers to support their bloat.

>You could confiscate 100% of the wealth of every billionaire in this country and it wouldn’t fund the government for an entire year. 1. I see that being 14 trillion. That would in fact fund the government for a year. even for 2 years. 2. taxes aren't about achieving perfect equality. But it's in part to incentivize people to not hoard wealth and spend it in the company. Few of the busnesses in the 50's/60's paid clo…

Except is not 14 trillion (in the US) It is closer to 8 trillion.

Even if it WAS 14 trillion, the fact that such an insane measure wouldn’t even fully fund the entire government for two years shows you can’t just confiscate your way out of things. It is spending.

Re: Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

#273

Post by johnnyanmac »

pbreit wrote: post #90
saubeidl wrote: post #86

Earlier quoted context omitted.

Their very existence doesn't align with my politics, or any decent person's politics for that matter.

Smart, successful people offering products and services that lots of people want does not align with your politics? What are your politics?

>What are your politics?

how about not protecting child diddlers as a bare bones start? That's not even the "on the ground" bare minimum; we're still stuck in the hole.

But let's try to meet 1% of the way first and take baby steps, okay?

Re: Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

#274

Post by johnnyanmac »

awnird wrote: post #141
bhouston wrote: post #11

Earlier quoted context omitted.

Garry seems motivated by being against a wealth tax and this is also likely the reason other ultra rich people will donate to his dark money fund: https://finviz.com/news/277038/y-combinators-garry-tan-warns...

Garry is chummy with musk and trump. His motivation here is to protect the pedophile class.

I wouldn't even be surprised at this point. Seems like the files will unironically unravel 90% of the elite class at this rate.

What an absolute pathetic hill to die on. You have the riches to fund entire industries, explore the whole world or even beyond, to please any hedonistic pleasure you have... but many chose to do one of the 3 unthinkable things in modern humanity.

Re: Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

#275

Post by kadabra9 »

johnnyanmac wrote: post #262
kadabra9 wrote: post #41

Earlier quoted context omitted.

Everyone loves deciding what their "fair share" of other people's net worth (not even income!) is. Sorry, but the state just confiscating 5% of someone's net worth (unrealized or not) is absolute madness, and rightfully opens up questions about slippery slope, how "temporary" they claim this to be, and so on. It's not surprising they are leaving the state or using their resources to try to stop it.

>but the state just confiscating 5% of someone's net worth (unrealized or not) is absolute madness why? The federal government is taking around 22% from me this year and I'm in a low bracket. If I had the money from my last full time job in tech it'd be 24%. You're saying billionaires shouldn't pay the state they reside in 5% more? Tanentially, that's only one bracket despite it being triple the salary. gotta love th…

The government is taking 22% of your INCOME. Not your entire net worth. This is vastly different.

HNW don’t have their net worth sitting in a pool of cash like Donald Duck as much as Reddit would like to believe. Its property, company stock, any unrealized gains in different equities, etc.

to have to go through the administrative burden of valuing all that, and then attempting to liquidate at some reasonable market value just to pay one time levy (allegedly lol) is insane, and will rightfully be challenged in court

Re: Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

#276

Post by bdangubic »

kadabra9 wrote: post #275
johnnyanmac wrote: post #262

Earlier quoted context omitted.

>but the state just confiscating 5% of someone's net worth (unrealized or not) is absolute madness why? The federal government is taking around 22% from me this year and I'm in a low bracket. If I had the money from my last full time job in tech it'd be 24%. You're saying billionaires shouldn't pay the state they reside in 5% more? Tanentially, that's only one bracket despite it being triple the salary. gotta love th…

The government is taking 22% of your INCOME. Not your entire net worth. This is vastly different. HNW don’t have their net worth sitting in a pool of cash like Donald Duck as much as Reddit would like to believe. Its property, company stock, any unrealized gains in different equities, etc. to have to go through the administrative burden of valuing all that, and then attempting to liquidate at some reasonable market v…

> property, company stock, any unrealized gains in different equities, etc.

it is only “unrealized” when they have to pay taxes. but walk into a bank and ask for a loan (which is of course what they do) and all of a sudden that shit is all “realized” and here’s millions of dollars to ya…

Re: Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

#277

Post by kadabra9 »

bdangubic wrote: post #276
kadabra9 wrote: post #275

Earlier quoted context omitted.

The government is taking 22% of your INCOME. Not your entire net worth. This is vastly different. HNW don’t have their net worth sitting in a pool of cash like Donald Duck as much as Reddit would like to believe. Its property, company stock, any unrealized gains in different equities, etc. to have to go through the administrative burden of valuing all that, and then attempting to liquidate at some reasonable market v…

> property, company stock, any unrealized gains in different equities, etc. it is only “unrealized” when they have to pay taxes. but walk into a bank and ask for a loan (which is of course what they do) and all of a sudden that shit is all “realized” and here’s millions of dollars to ya…

That’s a separate discussion.

I think there should be some sort of tax penalty to borrowing against assets as a sort of infinite money glitch.

Re: Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

#278

Post by johnnyanmac »

diggyhole wrote: post #152
CyLith wrote: post #137

Earlier quoted context omitted.

Perhaps he should reflect on why they deserve this violence, instead of giving people more reason for violence against him.

An Indian American man deserved to be smashed in the back of the head with a hammer?

https://www.ndtv.com/indians-abroad/indian-student-25-killed...

Weird tangent, but anyways: tax the rich.

Tan isn't exactly non-violet either, so more confused on the tangent:

>He once tweeted that seven of the city’s supervisors — all progressives — should “die slow, motherfuckers” in a late-night polemic. The tweet, which Tan said was a joke, prompted hateful mail and police reports.

Re: Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

#279

Post by johnnyanmac »

rvz wrote: post #14

This looks concerning but I'm withholding judgement for now so that he can clarify this first on his side instead of jumping into conclusions.

he's been "clarfying his position" for a decade at this point. This isn't new behavior in the slightest, and it's only been more emboldened as of late.

Re: Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

#280

Post by johnnyanmac »

mhitza wrote: post #66
amarcheschi wrote: post #50

Earlier quoted context omitted.

[flagged]

You know it just polarizes, and nothing more, when bringing up fascists as a counter argument when it is not punctually relevant.

> He once tweeted that seven of the city’s supervisors — all progressives — should “die slow, motherfuckers” in a late-night polemic. The tweet, which Tan said was a joke, prompted hateful mail and police reports.

Yeah, my benefit of the doubt (which was already zero for a rich person in politics) is negative.

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