Yes, it takes longer—the term “slow money” is brought up later in the article—but can you think of a better way of investing money than in things “we can touch and/or impact and understand”? Money is just money, but this type of investment strategy can’t help but be rewarding on many other levels.
I don’t understand at all why it has taken so long to get to this point. A flat tax seems so painfully obvious as the best way to manage income tax. The only thing I can think is that, for the most part, the people who benefit most from the current tax system are the ones in charge of managing said system. Surprise, surprise.
I hope Fred’s right. I too would be excited to see a true simplification of the tax system.
I find the tech industry on the whole to be very idealistic. In so many ways, this is a good thing, but it can warp our perspective of “the way things are” in the world. Having a government shut down the entire Internet in a country is a good reminder to be vigilant and to pop our heads up out of our idealism once-in-a-while and confirm that things really are headed in the right direction. For example, I had no idea that proposed legislation like the Internet Kill Switch existed. It seems so counterintuitive to everything our country stands for, yet there it is. Now, what are we going to do about it, both as an industry and as citizens?
As a bonus for those of you in the services industry, check out this post by Hoss Gifford called Fast, good, cheap. The negative type of client he’s talking about is a Taker trying to disguise themselves as a Maker.
Hat tip to Ryan of QuickLeft for reminding me of the Gifford article.