> > But this just does not feel right. It feels like tyranny of the majority.
> It's not tyranny. It's just democracy. Asset owners get lots of tax deductions, capital gains benefits and other goodies because they are the majority who voted it for themselves.
Democracy, by its ideal principles, relies on tyranny of the majority: Democratic voting relies on a majority of people voting for A, regardless of the voting mechanism used, with those voting for (B, C, D, etc.) getting the raw end of the shaft.
> It's not tyranny. It's just democracy. Asset owners get lots of tax deductions, capital gains benefits and other goodies because they are the majority who voted it for themselves.
Democracy, by its ideal principles, relies on tyranny of the majority: Democratic voting relies on a majority of people voting for A, regardless of the voting mechanism used, with those voting for (B, C, D, etc.) getting the raw end of the shaft.