this post was submitted on 09 Dec 2023
545 points (97.9% liked)
Political Memes
5506 readers
2040 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
If the only complaint about the premise was an attempt to help out non-insiders, with personal assets under 100k, then scratch that MAYBE off and let's write some legislature.
Very few people with personal assets under 100k are buying individual stocks to begin with. Normal working-class people, if they're saving at all, are very likely just buying mutual funds inside their retirement accounts.
Frankly, you'd have to really be trying in order to be in the tiny Venn diagram intersection of people who would (a) be screwed by the above commenter's proposal and (b) deserve sympathy for it. IMO it's not worth carving out an exception for.
Companies issue stock grants in lieu of additional salary to incentivise employees to stay. any impact to stocks would also take away money from labor.
would also open up corporate warfare to who can fund corporate espionage or politicians to close down competitors.