

Why? Average people haven’t hoarded sufficient wealth for taxing, so what’s the backfire


Why? Average people haven’t hoarded sufficient wealth for taxing, so what’s the backfire


Don’t complicate stuff, just treat wealth like income. In fact let’s change income tax to income and wealth tax. Same department, same operations.


That’s what circular financing is, has no one been paying attention?


Fair enough, I was considering sending and receiving email as the only job to be done.


Fair enough, I was considering sending and receiving email as the only job to be done.
Yeah he does, it’s called the Senate.


Meat proxies?


Exchange online is down. Doesn’t matter which client you’re using (outlook old, new, whatever), when your exchange server isn’t on-prem


He just seemed focused on his company than someone like bezos for example


Signing a bra makes so much sense now. That felt so weird compared to the persona he presented when talking.


Stock might be down because of fear of Jensen losing his job. That’s a narrative too.


First floor feels like an asylum. Second is alright.


Control is crucial. I think there should be a foundation to own the development but controlled by a board of moderators. Something like the concorde agreement is needed.


I felt pretty happy about oil flow being blocked until I heard about hospitals in Philippines not running.


Farming and gathering have been dominant until industrial revolutions took place, and set us on path of urbanization. However, towns and cities have existed since thousands of years. They would have bakeries and pubs. Gobeklitepe that existed ~9000 BCE is the oldest discovered so far. Egyptian pyramids would have been impossible without centralized kitchens.


The change in relationship between the international community and USA is happening more than just from Trumpism. This is the American retreat. Structural forces inside USA and outside are such that this is inevitable in the coming decades.


I used to be like that but learnt that the literal meaning isn’t enough for some people, and an emotional impact needs to be created through prose. In general I still prefer brevity if it is very common phrases/jargon.
Alrighty, here goes -
Taxes on annual income -
0 upto 1st quartile of the distribution
5% on part 1st quartile to median
10% on part median to 90%ile
20% on part 90%ile to 99%ile
40% on part 99%ile up
Taxes each year on wealth -
0 upto 50M USD
1% on part 50M to 100M USD
2% on part 100M to 200M USD
3% on part 200M to 400M USD
4% on part 400M to 800M USD
5% on part 800M to 1.6B USD
6%… Keep going, you get the pattern