RiNo or somewhere else?
RiNo or somewhere else?
It shouldn’t be allowed for contracts of adhesion (take or leave it contracts for consumers). Mandatory binding arbitration should be limited to business to business negotiated contracts.
I think the solution for the first issue is fairly straight-forward - make is so that you have to realize capital gains when using stocks and other securities as collateral. The second one would either be applying capital gains taxes before stepping up. Both of these seem fairly common sense fixes to the loopholes, so it’s safe to assume they won’t happen without a major political shift.
Now we just need a 6 hour hbomberguy video essay about Rajat Khare to really take this to the next level.
The Great North, if you want to watch a fun and wholesome cartoon.
To shreds, you say?
I think it’s a deeper disillusionment with the economy. Anyone who isn’t truly rich is coming to the conclusion that it’s becoming increasingly hard to get ahead in the economy over the long term, and the measures they use for economic health are becoming increasingly divorced from this reality. Things getting mildly better for some people over the recent past don’t offset people’s economic realities.