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General Chaos / Re: Kickstarter: Cool Stuff
« on: February 27, 2013, 05:18:09 PM »musings on potential 'dangers'/subversiveness of Kickstarter and like http://hive.slate.com/hive/10-rules-starting-small-business/article/the-kickstarter-recessionThey couldn't be more wrong. First of all, Kickstarter isn't going to replace big business, if anything it's going to ease the burden of unemployment on the economy (although of course, big business likes a certain level of unemployment, as Tom's tagline says, to scare the shit out of the middle class wage slaves).
And secondly, he makes the ridiculous argument that Kickstarter will reduce government tax revenue. If you have a single bank that makes a billion dollars a year and you have a billion dollars a year spread out among thousands of Kickstarters and IndieGoGoers and other small crowdfunded or donation-based production models, which one's going to generate more tax revenue for the government, the one that spends nearly 100% of its income on cost of living, employees, and production, all of which is taxed at normal rates including sales taxes, or the one that puts hundreds of millions of dollars to fester in the executives' bank accounts taxed at 15% for capital gains, if they're paying anything at all after the loopholes they purchased from the politicians? I think the answer is obvious.