#NZPol
Take time to explain the basics.

Wealth/asset taxes are generally based on 'Net Worth'. If you don't know what this means you will likely think an asset tax will hit you harder than the reality.

Your Net Worth is your assets minus your liabilities
Eg you have a $3 million house, a $2 million mortgage and $100k of loans. Your net worth is $900k and that's what a wealth/asset tax would be based on.

I thought a co-worker was trolling me when he loudly proclaimed he wouldn't be able to afford the Green Party wealth tax so he'd never ever vote for them. After asking some questions I realized he genuinely did not understand 'net worth' and after explaining the above he said fairly quietly, 'I did not know that'.
#Accounting #Econ
#Democracy #TaxWealthNotWork

20min
#Inflation Just Hit a Breaking Point—Here's What Comes Next
#UNFTR
May 13, 2026 #Economics
#cpi #ppi #market #oil #war #joblosses #fed #econ #debt #bonds #creditrisk #USpol #TrumpRegime #Bessent #treasury #USdollar #energy #wages

https://www.youtube.com/watch?v=KK4qxlVtG3g

NSP 76 is out now!

Political theorist Martin Jacobson joins us to discuss the relationship between #geoism and #anarchism. 🔰🏴

🔗 https://pod.link/1499036871/episode/dGFnOnNvdW5kY2xvdWQsMjAxMDp0cmFja3MvMjMxNTk5OTExNA

@LucyStag @rubixhelix
#politics #philosophy #georgism #econ

Space Engineers Launches Major Economy 2 Update and Optional Pack

📰 Original title: Space Engineers: Economy 2 Update & Pack Live Now!

🤖 IA: It's not clickbait ✅
👥 Usuarios: It's not clickbait ✅

View full AI summary: https://killbait.com/en/space-engineers-launches-major-economy-2-update-and-optional-pack/?redirpost=22ef5083-c838-4da8-9c0d-5e7fdf5821f5&utm_source=mastodon_social&utm_medium=social&utm_campaign=tawC1tPUo4nO8gfV507Ysi8dz02kz5dW5yXCkRHz8-k

#videogames #spaceengineers #econ...

El impacto de la inteligencia artificial en los despidos del sector tecnológico

📰 Título original: Hablemos de los despidos en la industria tecnológica

🤖 IA: No es clickbait ✅
👥 Usuarios: No es clickbait ✅

Ver resumen IA completo: https://killbait.com/es/el-impacto-de-la-inteligencia-artificial-en-los-despidos-del-sector-tecnologico/?redirpost=e2a925af-d812-4341-9f63-8705265d7a0c&utm_source=mastodon_social&utm_medium=social&utm_campaign=Eya3lQgaVGXEx1B07e9dGqznnscJucOFV7VF_fqSdSA

#econ...