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Thiel moves family to Milei's libertarian Argentina

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Re: Thiel moves family to Milei's libertarian Argentina

#61

“This idea of wealth taxes on the super-rich has a clear connotation of envy,” Milei told Neura. “We consider taxes to be theft.” I guess that makes things like roads, schools, and hospitals a ‘handout’

Billionaires don't need roads, hospitals and schools for their own family. What they do need is a large marketplace of wealthy customers to buy their products, a large pool of educated people to choose their employees from, safe global transportation, a trust based economy where contracts can be relied on, where the fallback of using the court system is reliable enough that courts or extra judicial means are very rar…

They're basically the parasite class

Re: Thiel moves family to Milei's libertarian Argentina

#62
post #36

Earlier quoted context omitted.

> Hacker News Guidelines > What to Submit > […] > Off-Topic: Most stories about politics, or crime, or sports, or celebrities, unless they're evidence of some interesting new phenomenon. If they'd cover it on TV news, it's probably off-topic. https://news.ycombinator.com/newsguidelines.html

I wish this were enforced broadly. Tired of seeing politics on the front page. I come here to avoid that crap.

I come here for a fresh perspective on a lot of things, politics being one of them. When techbros hook themselves deeply into the government, entirely bypassing the political system, gaining unchecked power without any representation to back it up, I’d think it’s well inside a hacker’s interests.

At least, they pwned the government very thoroughly.

Re: Thiel moves family to Milei's libertarian Argentina

#64
post #55
post #52

Earlier quoted context omitted.

I guess that makes things like roads, schools, and hospitals a ‘handout’ In an interview with Joe Rogan on YouTube, Peter Thiel said that if people want roads, they should come together and build them or pay for them to be built. https://youtu.be/klRb0_BAX9g?si=6GPB2Edq12Xzl3AY It's 3.5 hours and I can't give a timestamp where exactly he said that and I really, really don't want to watch that again, so here's the tra…

> come together and build them or pay for them to be built That's just taxes!

That is what we used to call a government. We pool together, choose who’ll manage the project, and fund it.

Re: Thiel moves family to Milei's libertarian Argentina

#67
post #48

Earlier quoted context omitted.

The whole point of destroying a country is to raid it of its wealth and to get out before it burns to the ground... No one has the honor to ride a ship into the ground. These days the captains would jump ship at the site of an iceberg and leave everyone to a certain death if there was a chance they'd lose 1 dollar.

The longer we go without a wealth tax the more we're allowing ourselves to be raided

The billionaires can’t handle “losing” money to taxes so they’d just never come here. Whether that would prevent the raid or enable it remains to he seen.

Re: Thiel moves family to Milei's libertarian Argentina

#68
> “This idea of wealth taxes on the super-rich has a clear connotation of envy,” Milei told Neura. “We consider taxes to be theft.”

> “The billionaires of the world who want to flee increasingly high-regulation and high-tax countries are very welcome to come to Argentina, the new land of freedom,” Adorni said.

How true is this in practice? Argentina's income taxes are not low by any standard (35%), capital gains are not zero (15%), and there is a wealth tax if you hold foreign assets.

I happen to be Argentinean, and got out of the country around 2 decades ago because of the trouble and practical taxation when working remote for foreign companies.

I definitely like what this article says, but it doesn't seem to hold true at the moment? That said, I might be missing something, as I've been mostly detached from Argentina's economics and politics for a long time now.

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