Discover and read the best of Twitter Threads about #MyEyesGlazeOver
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With the #IRSFiles, @propublica ripped away the veil of performative complexity disguising the scams that the ultra-rich use to amass billions and billions (and billions and billions) of dollars, paying next to no tax, or even no tax at all.
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If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
pluralistic.net/2023/04/24/tax…
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pluralistic.net/2023/04/24/tax…
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Each scam is its own little shell game, a set of semantic and accounting tricks used to gussy up otherwise banal rip-offs. The finance sector has a cute name for this kind of complexity: #MEGO, which stands for "#MyEyesGlazeOver."
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The #ShieldOfBoringness - c.f. @MizDanaClaire - is a scammer's weapon. Layering scams in complexity lets villains get away with all kinds of nastiness. Some things are hard to understand because they're complex, but some things are complex so they'll be hard to understand. 1/
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
pluralistic.net/2022/05/05/meg… 2/
pluralistic.net/2022/05/05/meg… 2/
In finance, this is sometimes called #MEGO: "#MyEyesGlazeOver" - complex scams designed to bore their victims into submission. 3/
