this post was submitted on 07 Apr 2024
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Fuck off, I'm in no way a Libretarian - this sector of our economy doesn't need investment there are buckets of VC money available (I should know, I work in it). I'd much rather see this money going to supplement housing affordability especially by way of public transit. We could build a whole lot of infrastructure for this money.
If this were a 20 million dollar grant I'd agree with you... but two billion is a lot of fucking money. We could build a good amount of government housing in cities to help house homeless and at risk families, we could fund food assistance programs for decades, we could invest more in supporting the arts (a little goes a long way when it comes to theater productions), and, as i said, public transit. I do agree generally with the "why not both" but we're underfunding all the services I mentioned so why don't we put that money towards public services instead of raising my salary.
Edit: Oh also, we already have pretty robust SR&ED programs that significantly subsidize my wage even though I produce far more value than I cost. I'd just say... we're actually subsidizing this shit a lot already, we don't need more.
I'd add health care and education too. Imagine free post-sec...
It 100% is theft when those taxes go into the pockets of tech-bros instead of healthcare or education.
I'd prefer phrasing it as "misallocation" just to avoid being associated with libertarian assholes that want their services to be provided by the government and want other people to pay for it.