Someday company by any entrepreneur will also do 750M in sales, should we tax such entrepreneur who risked his everything just so that bunch of politicians are able to plunder that money and pass on to their relatives?
Thing is tech companies are very efficient compared to old type of companies like Real Estate etc ..
Politicians/Mafia see that money is being made but they don't know how to get cut of it.
Most of the money is moving digitally and politicians are growing poorer day by day
It will hit the startups the most. Why? Most big companies have economies of scale and small companies must pinch every dollar. Already tax avoidance is best done by large players, not small ones. So please vote against it if you are an entrepreneur and wanna become rich through entrepreneurship and hard work.
Sorry smartness is not only about "playing chess" and I failed to clarify by what I mean smart.
It's about seeing your benefit and the group's benefit at the same time.
Many people are incapable of this. They only act either in their own best benefit or benefit of none.
Having lived and worked at many places, those who don't see how they or their group can benefit from something are simply incapable of bringing anything to the table.
They fail to weight in risk Vs reward as a result they slow down important decisions, and become liability on you. They act helpless. And these people are not "smart" for me.
And it's very depressing to live around such pessimistic people.
Growing up in Berlin I was always depressed because of stupid/dumb people who lived around me.
I wanted to move into a neighborhood where only smart people lived.
This dream came true when I moved to SF. Here prices are so high only most smart people can afford to work and live here.
You don't understand value of this kind of economic segregation untill you spend a few week in poor income localities.
People have different beliefs, it's hard to make people act in a same way.
But we've found that money is one such thing where most people agree if not all. So why is it bad that people who collectively value money are able to afford SF and those who don't can't afford.
We find security among a group which values same thing as us. And most people in SF value meeting economic demand, making money and lots of money.
Thing is tech companies are very efficient compared to old type of companies like Real Estate etc ..
Politicians/Mafia see that money is being made but they don't know how to get cut of it.
Most of the money is moving digitally and politicians are growing poorer day by day