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this post was submitted on 24 May 2026
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Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
founded 3 years ago
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What happens when my socks value decreases 30% one month? Do I get a tax refund?
Got some bad socks there brother
Lol! Ya got me! Yeah, autocorrect is a bitch, and I failed to verify the text. Socks = stocks. (And it tried to change it to sticks that time).
What happens when someone fails to pay back their bond? Do I get a tax refund?
No, since you didn't make any money and were not taxed. Also, the bond issuer is now in bankruptcy and/or being sued into bankruptcy. I might even get back the principle depending on the output of the legal proceedings.
What happens to the property taxes you paid when your property value tanks? Do you get a tax refund then? No? Then no.
Ah, yes. It's the old "one injustice makes a new one okay" argument. Hate much?
Taxes are not injustice. And being unsympathetic to the risks that the owning class has to endure is not ..."hatred". More money, more problems, cry me a river.
It depends on the details of the implementation. There are many possible solutions.
If we change it so the rule is like "if you use stock as collateral to get a loan, that is income and taxed as such" then no. You might just default on your loan, but that's kind of on you and the bank for using a volatile asset as collateral.
I appreciate that you took the question seriously and offered a useful response.