Biden’s Budget Calls for Tax Increases on Corporations and the Wealthy

Comments

• DogPeePoo@lemm.ee ⁨1⁩ ⁨year⁩ ago

  Please also disallow Congress from trading in the US stock market with their inside information.

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  • rigatti@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Not sure that’s part of the budget plan. It would probably have to be a separate law passed by Congress that they definitely would not vote for.

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  • sonori@beehaw.org ⁨1⁩ ⁨year⁩ ago

    The problem is it’s typically their families that do the stock trading, and i you can’t extend employment contracts to unrelated parties. Even if you did do it with a law, people will still talk with their friends. This is part of the reason why insider trading is so difficult to prosecute and enforce outside of the blinding obvious.

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    • DogPeePoo@lemm.ee ⁨1⁩ ⁨year⁩ ago

      But I think you have to do it anyway— with the threat of investigation and prosecution for the sharing if insider information.

      Right now it’s tacit approval.

      Every 2 years it’s talked about banning trading for them to appease the public, then a long delay, then nothing occurs.

      They are robbing retail’s money in plain sight.

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  • AceTKen@lemmy.ca ⁨1⁩ ⁨year⁩ ago

    Please also disallow Congress from trading in the US stock market with their inside information.

    One small adjustment and it’s perfect!

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• cyborganism@lemmy.ca ⁨1⁩ ⁨year⁩ ago

  It’s about time. Hopefully Canada will follow. We’ve about had it with high inflation, high rents and properties, and low wages, while near-monopolies gouge us. Monopolies that are getting tons of tax payer funded subsidies.

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• Rentlar@lemmy.ca ⁨1⁩ ⁨year⁩ ago

  Impressive! Watch this get watered down 4 times before it actually passes…

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• ikidd@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Yah, well, I’ll believe it when I see it.

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