If anyone would know, I guess it’s the WSJ?
Uncategorized
3
Posts
3
Posters
0
Views
-
If anyone would know, I guess it’s the WSJ? https://www.wsj.com/finance/billionaires-low-taxes-are-becoming-a-problem-for-the-economy-27a560ca
-
If anyone would know, I guess it’s the WSJ? https://www.wsj.com/finance/billionaires-low-taxes-are-becoming-a-problem-for-the-economy-27a560ca
@codinghorror Yes, it's a problem, but the answer is not taxing their wealth, it's taxing their income, and making sure they pay inheritance tax at eye watering rates, eg 100% on anything over 10 million USD
-
@codinghorror Yes, it's a problem, but the answer is not taxing their wealth, it's taxing their income, and making sure they pay inheritance tax at eye watering rates, eg 100% on anything over 10 million USD
@rpluim @codinghorror "oops, my income is all foreign and 'already taxed' " through the extremely common practices detailed in the Panama papers and subsequent scandals.
As long as countries allow foreign bank accounts to do whatever they want, nothing will change. The rich can borrow money against assets with unrealized gains at rates like the common person gets as a pitiful savings account interest. (Essentially zero)
The common person also has to pay taxes on unrealized gains (property tax)
-
undefined oblomov@sociale.network shared this topic on
Gli ultimi otto messaggi ricevuti dalla Federazione
-
@erin boooooooooooooooo
-
I really don’t like being an adult.
-
@hannah I have a bidet and that really would last forever.
-
@researchbuzz @hannah Lol I’m imagining chucking a five-pound toilet roll…could knock someone out cold!
-
@exchgr I mean, that is how you can make it produce better than average software. Given its limitations, it's very fast but an average developer at best, giving it clear success criteria is the way to make it produce reliable code. A really extensive test suite is one way to give it clear success criteria across many sessions. Static analysis is another good way to keep the machines honest.
I've come to the conclusion that accountability the model can test itself should be most of your budget.
-
@hannah For Shitty Times™
-
-
@overholt a month feels optimistic
