Facebook co-founder wants to repeal Trump tax cuts to pay for a $500 per month basic worker income

CNBC ^ | October 18, 2018 | Berkeley Lovelace Jr.

[dforest]

I thought all ya all thought those tax cuts were just crumbs?

I have an idea, split your own salary amongst the masses and you can make a difference idiot.

[Wuli]

$500 dollars this year, and $5,000 dollars by the time the program bankrupts the country.

[Wuli]

Liberals and Progressives have been indoctrinated by and absorbed into all the Marxist aggendas, which, in order to destroy capitalism seeks to “give” more to those “in need”, draining from capital formation into “entitlement”, instead of focusing on building the economy and job creation so that fewer “need” the handouts.

[SunkenCiv]

Facebook co-founder Chris Hughes said Thursday the federal government could give U.S. workers a stipend of $500 per month by repealing the tax cuts passed late last year.

How about we chuck Chris out of a helicopter, as Zuckerberg did figuratively?

[gaijin]

Stole his business idea

Stole all the shares from his BEST friend

Secretly sold users’ data

Stated in a confidential email to a friend that people who trust him are "dumb-f*cks".

Married in the community proprety state of California, the very day AFTER he took Facebook public.

Requested nude photos of users to “protect them against the risk of revenge porn”.

Secretly tried to get hospitals to release vast stores of patient data “so I can help cure diseases”.

Initially pursued total rights ownership of images uploaded to FB; if you'd been photoed as a happy youth with, say, a can of Coors then later got really famous, Zuck could be paid by Coors for zero work and YOUR old photo in a new ad while you, the centerpiece of the ad, would get NOTHING. Struck down after lengthy legal battles.

De-platformed numerous Conservatives because he didn't agree with their views, couldn't define hate-speech when asked by Congress.

Secretly requested banks give him his users' financial data, including transactions, so “my users can check their balances on my site."

Digitally permitted his housing advertisers to filter out customers whose search histories were strongly associated with terms like "handicapped" , "mobility scooter" and "guidedog".

Admonished that people "build bridges instead of walls", all while building walls around his Palo Alto homes and around the huge Kauai Estate he bought and then threw the Hawaiians off of.

Established a "trustworthiness index" for ALL his facebook users while disclosing it to none of them.

Altered FB algorithms to flag content from conservative publications as spam.

Revered Augustus Caesar, leader of Rome who assured 200 years of peace via harsh rule, possibly arranging the execution of his own grandson. On a wedding anniversary trip to Rome, Zuck gushed so effusively over sculptures and monuments dedicated to Augustus that his wife joked that three people, not two, were on their trip.

For years, Zuck traditionally closed high-level Facebook executive meetings by shouting, "DOMINATION..!", perhaps half-jokingly.

Proposed installation in the homes of FB users special Facebook cameras that would follow and monitor users around as they went about their private lives inside their homes. But the cameras, Zuckerberg assured, would come with privacy settings which Facebook would, like, totally respect, or something.

Asked for user telephone numbers for 2 factor authentication but within weeks used that data for marketing purposes. If users chose to share their entire contact list, Facebook also shared that data with advertisers, even phone numbers of people who NEVER had a facebook account! After the Cambridge Analytica scandal FB pleged to reinvigorate user privacy but neither of these practices has stopped.

In the runup to the 2018 midterm elections, FB removed over 800 conservative political pages and accounts in a clamp down on what the social media company arbitrarily termed, “inauthentic behavior”. The ambitious political move affected 66 million FB users, most of them Conservative.

[ridesthemiles]

Another twisting of words:

“Less than a third of Americans.....”

Which AMERICANS? Does that number include children up to the age of 18, who are NOT part of the full time work force?

Does that include the MILLIONS who are on Welfare benefits & do NOT work?

Does that include the over 43 million who are retired & living on Social Security.

This guy is good at throwing around words, but he certainly isn’t very specific.

He can spend HIS money any way he wishes. Maybe if HE was paying for all the welfare recipients out of his own pocket, he would be able to learn how many are frauds.

[ridesthemiles]

MY Gaydar Meter just broke off the needle.

[bgill]

If he wants to give his FB employees a $500 pay increase, that’s fine but keep his grubby hands off my taxes.

[Ancesthntr]

“Hughes...argued that less than a third of Americans have reaped the benefits of President Donald Trump’s tax cuts.”

---

This is where he (and every other Leftist out there) simply misunderstands economics. Yes, some big corporations (and their shareholders) benefit DIRECTLY from the tax cuts. That’s a limited number of people. However, what Hughes didn’t take into account is that because the corporation has more money, it can either start up a new project, or pay its workers more money, or both. Those activities necessarily create more jobs, which in turn create more jobs themselves, etc. This is what is known as the Multiplier Effect. Anyone talking about economic matters who doesn’t take this into account is simply a moron.

Hughes might know a lot about social media, but he doesn’t know squat about economics. Perhaps Alexandria Occasional Cortex is his daughter?

[catnipman]

Chris, just to prove you’re not some rich hypocritical asshole, why don’t you pay all of your billions out first as “basic incomes” and see how that goes before we proceed any further ... you can report back to us how it works out ...

[eyeamok]

Wouldn’t it be better to just have an Asset Tax on people with a Net Worth over $10 Million Dollars, I mean if they want to pay, go for it.

[Harmless Teddy Bear]

He has the money to do it himself.

So why doesn't he?

Why does he need MY money to do this?

[gnickgnack2]

“Fair shot: Rethinking Equality and How We Earn”

What does GIVING someone $500 have to do with How They EARN?

[ding_dong_daddy_from_dumas]

Meanwhile, FB creates an "election war room" to stop what they call "misinformation."

LINK

[Crucial]

How does the founder of a multi-billion dollar company understand so little about economics? I guess he relied on the expertise of others.

[Chickensoup]

500 a month? Wow. doesnt cover healthcare, or rent or food for a family.....it isnt much these days.

[neverevergiveup]

“if he was sincere, he would give his own money to needy families.
As it is, he simply wants to give other people’s money away with his virtue signaling.”

Totally agree. There are no laws preventing charitable giving.