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This is a misrepresentation of the position. It’s possible that to sell a policy like a transaction tax you might overstate the potential revenue. But nobody serious actually thinks you could simply multiply the tax rate by transactions to predict revenue. But that doesn’t matter. The revenue would be non zero. And there are plenty of other reasons to tax transactions anyway (stability, realign market and societal priorities)


> But nobody serious actually thinks you could simply multiply the tax rate by transactions to predict revenue

This guy does:

https://media.mstdn.social/media_attachments/files/114/099/2...

I can't find his original post on X (although that's probably for the better because his feed is filled antisemitic garbage, and he's pretty clearly at utter idiot).

But yes, some people really do think that way: They never think about the results of their proposals, and getting back to the topic at hand Bernie is the same way (although unlike that other guy Bernie really does seem to care about people), but he never thinks about the effects of his proposals, how people would react and change behavior.

This would make him a terrible President.

And I would remind you that despite being in congress for 34 years Bernie has never manged to get even a single idea of his passed.




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