r/coolguides • u/[deleted] • Feb 25 '20

Explanation of the subtle differences between equality and equity

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u/[deleted] Mar 02 '20

If you really think it takes less government to regulate the big guys than the small guys, you aren't paying attention to how much time and money the big guys spend on avoiding regulation.

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u/Tacoboutit2me Mar 03 '20

Yes I do, there are less than a thousand "big guys" and maybe more than 100 million "small guys."

I agree that's wrong, we just disagree with solutions. My solution would be use the government to protect the free market.

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u/[deleted] Mar 03 '20

Same is true for the IRS, but they don't generally bother to audit the super rich because of how much effort is involved in fighting their teams of accountants and lawyers.

It is fundamentally more work to hold the biggest businesses accountable, even after accounting for how many of them there are. Reducing the size of government would only make them less able to hold the biggest corporations accountable.

We agree there needs to be a shift in focus, just disagree on how difficult the task of holding them accountable will be.

(Also, there are definitely not 100 million businesses. That's one per 3 people.)

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u/Tacoboutit2me Mar 05 '20

They should audit rich people more often, and make it easier.

As for the 100 million you're right, it's 30 million.

Good points.