• 0 Posts
  • 117 Comments
Joined 2 years ago
cake
Cake day: June 17th, 2023

help-circle

  • As a white person.

    Justice can not be served for black people or other racial minorities if we pull up the wealth ladder and tax them as they get money. The system was racist and allowed white people to get ahead if you tax everyone equally who do you harm the poorer and newer wealthy people. If you don’t take from a subset of the population you harm

    We had a racist system that allowed wealth to go to white people. We eliminated the slave labor 164 years ago and tradition of viewing and treating other races as less than(in theory 61 years ago). But the white already wealthy people already own everything and have generational wealth. We have not had a thing that helped black people specifically. They were suppose to get 40 acres and a mule. A generation hasn’t even passed of being able to discriminate against races.

    If you pull up the ladder of wealth you are only hurting new wealth which would be proportionally more black people versus targeting old wealth which would proportionally be white people.

    Lastly Mamdani said he was describing the neighborhood he was targeting with his changes to taxing. He wasn’t going to put language into law that it had to be white people.


  • That isn’t how taxes work in the usa. The government borrows money from your/our future prints it to pay all its bills. Taxes just cover a bit of the expenditures when they come in. The government can care less about balancing the budget. So it doesn’t matter if they get their money throughout the year or in April you wont hurt them. Only thing at risk is general people being audited and hurt also i believe you pay a penalty for not paying through the year. Since I have been alive we never have had a surplus. It would take years of a democratic presidency for the surplus to hit as the programs take years to produce profits and reduce the deficit. Sadly a democratic president/platform never stays popular for long enough.






  • Usa employers did the math they fire most full-time employees and reduce staffing and only hire part-time workers walmart back in 2011-13 when I worked there only had 8-10 full time employees which were managers and even some department managers would only get 32 hours a week to avoid giving benefits or health insurance. Every one i knew who were full time worked there for 10 + years. Even if you increase minimum wage they will find ways to reduce costs in staffing so you really need to penalize companies









  • Cool so what does this law do for me again? I live in America i personally will never interact with those 4 countries. The wording is also dangerous calling Chinaa foreign adversary comparable with the other 3. Which is dangerous. We are in active war with 3 where as China we do massive business.

    Passed in April 2024 so useful when Facebook was a broker for Russia in 2016 DIVISION H-- PROTECTING AMERICANS FROM FOREIGN ADVERSARY CONTROLLED APPLICATIONS ACT

    Protecting Americans from Foreign Adversary Controlled Applications Act

    (Sec. 2) This division prohibits distributing, maintaining, updating, or providing internet hosting services for a foreign adversary controlled application (e.g., TikTok). However, the prohibition does not apply to a covered application that executes a qualified divestiture as determined by the President.

    Under the division, a foreign adversary controlled application is an application directly or indirectly operated by (1) ByteDance, Ltd., TikTok, their subsidiaries, successors, related entities they control, or entities controlled by a foreign adversary country; or (2) a social media company that is controlled by a foreign adversary country and determined by the President to present a significant threat to national security. (Here, a social media company excludes any website or application primarily used to post product reviews, business reviews, or travel information and reviews.)

    For the purposes of this division, a foreign adversary country includes North Korea, China, Russia, and Iran.

    A qualified divestiture is a transaction that the President has determined (through an interagency process)

    would result in the relevant foreign adversary controlled application no longer being controlled by a foreign adversary, and
    precludes the establishment or maintenance of any operational relationship between the U.S. operations of the relevant application and any formerly affiliated entities that are controlled by a foreign adversary (including any cooperation with respect to the operation of a content recommendation algorithm or a data-sharing agreement).
    

    The prohibition applies 270 days after the date of the division’s enactment. The division authorizes the President to grant a one-time extension of up to 90 days to a covered application when the President has certified to Congress that (1) a path to executing a qualified divestiture of the covered application has been identified, (2) evidence of significant progress toward executing such qualified divestiture of the covered application has been produced, and (3) relevant legal agreements to enable execution of such qualified divestiture during the period of such extension are in place.

    Additionally, the division requires a covered foreign adversary controlled application to provide a user with all available account data (including posts, photos, and videos) at the user’s request before the prohibition takes effect. The account data must be provided in a machine-readable format.

    The division authorizes the Department of Justice to investigate violations and enforce its provisions. Entities that that violate the division are subject to civil penalties for violations. An entity that violates the prohibition on distributing, maintaining, updating, or providing internet hosting services for a covered application is subject to a maximum penalty of $5,000 multiplied by the number of U.S. users who have accessed, maintained, or updated the application as a result of the violation. An entity that violates the requirement to provide account data to a user upon request is subject to a maximum penalty of $500 multiplied by the number of U.S. users impacted by the violation.

    (Sec. 3) The division gives the U.S. Court of Appeals for the District of Columbia exclusive jurisdiction over any challenge to the division. A challenge to the division must be brought within 165 days after the division’s enactment date. A challenge to any action, finding, or determination under the division must be brought with 90 days of the action, finding, or determination.

    DIVISION I–PROTECTING AMERICANS’ DATA FROM FOREIGN ADVERSARIES ACT OF 2024

    Protecting Americans’ Data from Foreign Adversary Controlled Applications Act of 2024

    This division makes it unlawful for a data broker to sell, license, rent, trade, transfer, release, disclose, or otherwise make available specified personally identifiable sensitive data of individuals who reside in the United States to North Korea, China, Russia, or Iran or an entity controlled by such a country (e.g., headquartered in or owned by a person in the country).

    Sensitive data includes government-issued identifiers (e.g., Social Security numbers), financial account numbers, biometric information, genetic information, precise geolocation information, and private communications (e.g., texts or emails).

    A data broker generally includes an entity that sells or otherwise provides data of individuals that the entity did not collect directly from the individuals. A data broker does not include an entity that transmits an individual’s data or communications at the request or direction of the individual or an entity that makes news or information available to the general public.

    The division provides for enforcement by the Federal Trade Commission.



  • Arguably he could borrow against his annuity and save on taxes with loans. He could also setup a charity in which he donates a max amount and set up family on the board avoiding other taxes and making write offs as if he is ceo he can buy company property stuff that he can write off too.