Matt Mahan
๐ค SpeakerAppearances Over Time
Podcast Appearances
I know this is going to sound crazy, but I was intrigued when someone pitched me on this the other day, having the top three or four candidates advance and then in the final, the second round, do rank choice voting.
If you winnow the field from 62, which is literally what we have on our ballot today, which is insane.
Good move on his part.
If you narrow it to say the top four, then you're almost certain to have ideological and partisan variety.
And then because it would then theoretically, if you did rank choice, you would then optimize for whoever's kind of the best overall choice.
So I'd be interested in something like that.
I worry if you go back to a partisan primary, you get the most extreme Republican, the most extreme Democrat.
It's all decided in the primary.
And that's, by the way, looking at the other side, that's how you ended up with a Ted Cruz in Texas.
He got 5% of the vote, but because it was enough to make him the top candidate in a hyper-partisan Republican primary in a red state, he became the de facto senator for years to come.
For that 5%.
So it's not because I don't think billionaires shouldn't be paying more.
I mean, look, I think there are a lot of loopholes in the tax code we should close.
I'll give you one example.
Today, very wealthy people can borrow against their stock options or other assets that they have not yet paid capital gains on.
and then use those dollars as a way of funding their lifestyles, their investments, and then never having to pay capital gains.