The new economy is mostly based on not paying taxes while employing very few people directly and high paying jobs almost solely for coders.
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Replying to @zeynep
Pay taxes at appropriate levels; employ many people in stable good jobs; have stability in countries you operate. Pick two, Silicon Valley.
5 replies 71 retweets 137 likes -
Replying to @zeynep
zeynep tufekci Retweeted graiz.eth
A worthy goal! But not possible without taxes to pay for health care, education etc. that allow people to seek that.https://twitter.com/graiz/status/829690421286670338 …
zeynep tufekci added,
3 replies 11 retweets 58 likes -
Replying to @zeynep
zeynep tufekci Retweeted ΧΡΙΣΤΌΦΟΡΟΣ bɝːd
Historically, this never *just* happened. What stability we had was via specific taxation & infrastructure policies.https://twitter.com/christopherburd/status/829721253040623616 …
zeynep tufekci added,
5 replies 16 retweets 33 likes -
Replying to @zeynep
zeynep tufekci Retweeted
Fair; it's not just Apple. It's industry-wide. Yes, Apple paid a tiny bit of taxes—0.005% tax on its global profits. https://twitter.com/steriana/status/829724839392927744 …
zeynep tufekci added,
This Tweet is unavailable.5 replies 16 retweets 29 likes -
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zeynep tufekci Retweeted James Grimmelmann
Fair enough; but a lot of those are regressive—and executive pay has also shifted out to much less taxed version.https://twitter.com/grimmelm/status/829738928504717312 …
zeynep tufekci added,
4 replies 2 retweets 12 likes -
Replying to @zeynep
zeynep tufekci Retweeted
It's a "race to the tax haven" problem that cannot be solved one country at a time, but US & EU have most leverage. https://twitter.com/Jacropolis/status/829743156799340545 …
zeynep tufekci added,
This Tweet is unavailable.1 reply 5 retweets 10 likes -
Replying to @zeynep
zeynep tufekci Retweeted Steven Strauss
Yes. A lopsided economic structure—tech & finance driving the train— which is, inter alia, destabilizing the world.https://twitter.com/Steven_Strauss/status/829743461804961798 …
zeynep tufekci added,
1 reply 3 retweets 14 likes -
Replying to @zeynep
Look, few leading companies in tech and finance are sitting on *enormous* amounts of cash to burn. You are not, but world is in a cash glut.
2 replies 4 retweets 11 likes -
Replying to @zeynep
There is so much cash hidden from taxes slushing around pointlessly around that, even after all this, interest rates cannot manage to rise.
3 replies 6 retweets 12 likes
This is nuts, because a destabilized world is, and already has started to, rock us all, and won't spare the richer countries.
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Replying to @zeynep
zeynep tufekci Retweeted
Apple; other examples too. "Governments are inefficient & inept." But you know what's worse? A destabilized world. https://twitter.com/basche42/status/829745415167709184 …
zeynep tufekci added,
This Tweet is unavailable.1 reply 6 retweets 23 likes
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