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The rich convinced us that taxing them is too complicated but everyday people can be taxed pretty easily
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this post was submitted on 24 May 2026
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Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
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- All workers must be paid a living wage for their labor.
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I gave the two institutions I'm most concerned with: Universities and Research Institutes. Perhaps I'm not sure what you mean by structuring portfolios through natural-person shareholders, but this sounds like saying this person or that is responsible for this 10Mil of the portfolio. Problematic given that it would seem to give people the opportunity to run off with large amounts of money.
While exceptions are problematic since they're either too simple or too prone to corruption, I think there are exceptions that would be hard to abuse if properly defined and restricted. For example, democratically ran non-profit limited to $10M per voting employee. Perhaps this is what you're thinking when you say structuring portfolios through natural-person shareholders; though, these are rather different in terms of who owns the money, but I suppose you could argue that technically the democratic collective owns the money, so they're the "same". That's not how I interpreted what you said, but I hope that's what you mean, and I could probably agree with that. A $10M endowment is a smidge low for some types of research, but good enough for most especially if collectivized.