Post
Topic
Board Bitcoin Discussion
Re: If confirmation takes 10 minutes, how will I buy coffee at Starbucks?
by
Topazan
on 07/12/2013, 23:15:00 UTC
We shouldn't be celebrating crony capitalism.  Regulations and taxes that are selectively enforced against smaller competitors to the mega-corps are not better than regulations and taxes that apply to everyone.
Right, and the answer is to end the regulations and taxes.

The problem with uneven oppression is not that certain people aren't oppressed enough.
Agreed.

Quote
Looking at it from their point of view, when the government slaps them with a 60% tax rate can you really blame them for trying to worm their way out of it? Taxes are at the point where they're just ridiculous, and everyone tries to cheat on them as a result.
No, I can't blame them, but I don't take any comfort in it either.  It's like saying "Sure, most people in North Korea are starving, but at least the political and military leaders are ok".  Crony capitalism is not a rebellion against western statism, it's an aspect of it that should be opposed just as firmly as any other statist violence.