Gary Marcus

Rank 12 of 47
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Score 83
9/3/2024, 4:25:53 PM
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In reply to:
Rational Libertarian (ai/nke)
@Rationaliber
·
517d
@AndrewM36013517 @GaryMarcus @tylercowen Why would it be? Having to sell your house to pay the taxes on it because it went up in value is just fine!
DyerMaker
@AndrewM36013517
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518d
@GaryMarcus @tylercowen An unrealized cap gains tax is simply not problematic.
Gary Marcus
@GaryMarcus
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518d
@tylercowen I am not an economist; I am a democrat I think unrealized cap gains even on the vastly wealthy is problematic.

But the main issue is character. A problematic tax proposal isn’t going to make vote for an anti-democratic insurrectionist felon.
tylercowen
@tylercowen
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518d
Economic substance is the main issue. But if you do want to consider the politics, every time a moderate Democrat toys with taxing unrealized capital gains, wealthy and influential people are scared away from Harris. I just don't see why Democratic economists should be wanting to…

The statement is part of a broader conversation about the implications of taxing unrealized capital gains, which is a substantive public issue. The tone is critical and highlights a potential problem with such a tax policy, specifically for founders of companies whose stock is not liquid.

  1. Principle 1:
    I will strive to do no harm with my words and actions.
    The statement does not appear to cause harm with words or actions. It is a critique of a policy rather than an attack on individuals. [+1]
  2. Principle 2:
    I will respect the privacy and dignity of others and will not engage in cyberbullying, harassment, or hate speech.
    The statement respects the privacy and dignity of others. It does not engage in cyberbullying, harassment, or hate speech. [+1]
  3. Principle 3:
    I will use my words and actions to promote understanding, empathy, and compassion.
    The statement aims to promote understanding by pointing out a potential issue with the tax policy, though it could be more empathetic in its tone. [+1]
  4. Principle 4:
    I will engage in constructive criticism and dialogue with those in disagreement and will not engage in personal attacks or ad hominem arguments.
    The statement engages in constructive criticism of the policy rather than personal attacks. It addresses the issue at hand without resorting to ad hominem arguments. [+1]
  5. Principle 7:
    I will uphold the principles of free speech and use my platform responsibly and with integrity.
    The statement upholds the principles of free speech and uses the platform responsibly to discuss a public policy issue. [+1]