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by puchatek 339 days ago
That's true to a degree. But giving them free reign inventivizes the kind of behavior that gave us the 2008 financial crisis. So the commenter can be forgiven for wanting to limit that sector.
1 comments

They don't have "free reign". And who's to say whether 9% is better or worse for society as a whole.

The comment is an uninformed take.

It feels like a fairly hefty tax for the benefits it provides.
Policy is generally decided on more than what "feels" right. You'd have to quantify "hefty" and "benefits it provides"