Right, my bad. I read TCP/IP. It’s still early.
🤣🤣🤣 Quite alright. It’s 5AM somewhere on the planet, no?
I believe that makes you older than Arpanet, which is what I was really asking.
If you had asked me if I was older than Arpanet, then no. It first came online a few short years before I was born.
Even though the “IP” in TCP/IP came four years after TCP, the introduction of TCP is frequently cited as the “birth of modern networking”, and as such, the Internet.
And yet…
The moment shares are used as a source of value to leverage, they should be taxed on that assessed value. Because this is also how so many of the wealthy can get away with “$0 income” - they are “paid” in shares, then turn around and use those shares to get loans from the bank to pay their living expenses. They essentially leverage shares for tax-free income.
If any and all leverage on shares are taxed on that assessed leverage, the Parasite Class would no longer have any way to shield their obscene wealth from taxation.