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KevonLooney

@ KevonLooney @lemm.ee

Posts
6
Comments
560
Joined
3 yr. ago

  • Wealth tax on super-rich could raise £1.5tn globally, campaigners say

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  • It is the same. Property tax valuation isn't "exactly correct", nor does it need to be. It's just roughly consistent across similar properties. If anything, it's easier to value the private shares you own because they are exactly the same as the shares someone else in your company owns. Properties are all unique.

    I don't mean to insult you, but you are clearly not an expert in finance. Like I said, I understand why you don't want to pay a valuation tax on your shares but it would be technically simple to implement.

    Honestly though, you don't have to worry about it. No wealth tax is being proposed on any amount under $100 million. And no tax is proposed above 2%. If you have $100 million in private shares, your tax burden will not negatively affect your life. Get an expert.

  • Does your company do phishing simulations?

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  • The solution is to suspect every external message and send them all to the phishing mailbox. Tell your boss that you are following the phishing training that you did first.

    They will have to get their shit together and send important messages from internal mail addresses. That's just laziness.

  • Wealth tax on super-rich could raise £1.5tn globally, campaigners say

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  • Valuing your incentive shares is not hard. It's done every day. The bank that would give you a loan does it to know how much money they can loan you.

    Your illiquid private shares would just have the value discounted by some percentage to account for this: say, 30%. So you could be taxed on the remaining 70%.

    I understand that you don't want this to be true, but it is. You are not the first person with an illiquid asset, and It's relatively easy to value it for tax purposes. Property tax is paid based on the assessed value of real estate, which is also illiquid. Every year billions of people manage to pay their property taxes without having to sell their homes.

    So you're wrong.

  • Locked

    YSK to lose weight, fill up with foods low in caloric density and high in fiber, like fruits and vegetables. This can trigger satiety without the overload of calories and beats going hungry long term.

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  • Not really. Especially when talking about physical pain.

    You should not be in discomfort all the time. This is the kind of thinking that prevents people from going to the doctor. Pain isn't normal.

  • Inside the $93 million Wall Street heist that stemmed from Russia

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  • Making $93 million with inside information on volatile tech companies is easy. This guy sounds pretty bad at trading.

    If you know that Tesla is going to have a "historically successful quarter", it's child's play to buy a call option that will triple (or more) your money. This dude could even have hidden his inside info by buying and selling a series of options on index funds that held Tesla (instead of the real thing). The index would jump by a small amount that could be magnified if you buy the right contracts.

    If they tripled their money each time, they could make 81x their starting money on just these 4 companies. They should have at least over $100 million, if not $1 billion.

  • ‘We were sure the Russian army would protect us’: fury after Ukrainian incursion into Kursk

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  • Russia has had democracy for 33 years. The people living on the Ukrainian border have electricity and running water. They are not idiots. You are acting like missing a few comforts makes people so stupid they can't take care of their own lives.

    Guess what? Most people who voted for George Washington for President lacked running water. And all of them lacked electricity (except Ben Franklin I guess). They figured it out because you don't need running water or electricity at all. If you can run a farm and feed yourself, you can figure out who is lying to you and choose your leader.

  • ‘We were sure the Russian army would protect us’: fury after Ukrainian incursion into Kursk

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  • You realize the interview only showed the people who give the best sound bites? I bet you could find someone living in Washington DC who still thinks Clinton is President. And maybe someone who thinks Hillary Clinton is President.

    People are responsible for who they vote for. Being uneducated is not a good excuse when there's only a few choices. It's not like they're being asked to run the entire country. If they are voting, they have a major responsibility and entire years to make up their minds.

  • A Hamas leader says they will give up governing Gaza, but won’t lay down arms

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  • This shows that Hamas was more interested in being warlords than the actual business of governing. Just like the Israeli government is more interested in conquering a tiny bit of bombed out desert than actually living in peace.

    Both sides are clearly led by pieces of shit. Israel has a democracy though, so they are choosing to be led by pieces of shit. Palestinians might have some shitty beliefs about Jewish people, but they don't have a voice in their government.

    Literally no country actually cares about Palestinians. Iran and their proxies (Hezbollah, Hamas, the Houthis, Syria) just want to be warlords. Turkey, Egypt, and Saudi Arabia just want to distract their domestic audience. Europe is just going to wring their hands and hope the killing stops.

    America is actually the biggest force for peace in the region. All of these were signed in Washington DC (or nearby at Camp David):

    https://en.wikipedia.org/wiki/Camp_David_Accords

    https://en.wikipedia.org/wiki/May_17_Agreement

    https://en.wikipedia.org/wiki/Oslo_Accords

    https://en.wikipedia.org/wiki/Israel%E2%80%93Jordan_peace_treaty

  • Women's accessories sold by Shein, Temu and AliExpress contained toxic substances sometimes hundreds of times above acceptable levels, authorities in South Korea found

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  • knocked off patents

    This is the least problematic part of your complaint. There's a lot of good quality knock-offs in Asia, sometimes from the exact same factory as the originals. T-shirts should not be $500, no matter what quality they are. Baseball caps should be $20 maximum. They cost like $5 to make a good one that sells for $500.

  • Zeekr Reaches 300,000 Sales, & Fastest Charging In World! - CleanTechnica

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  • How is the safety QA and employee treatment at these companies? Is it just trading expensive crap (Tesla) for cheap crap?

  • Starbucks piles whipped cream atop CEO pay problem

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  • The thing is, it's not even necessary to be this drastic. Feel free to start negotiating from this point (tax all wealth above $50 million) but even settling for a 2% tax on wealth above $1 billion would be good. You can ease into it with a 1% tax on wealth above $100 million.

    This wouldn't really affect the living standard of anyone wealthy enough to be taxed. Interest on invested assets will pay the tax easily. That's what Biden meant by "nothing will fundamentally change" for the wealthy.

    If you have $1 billion you will probably be living off of $40 million in interest per year. A 1% tax would mean $9 million of that is taken as wealth tax (plus there will be some other income or capital gains tax). You will be fine.

  • Detroit judge sidelined for making sleepy teen wear jail clothes on court field trip

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  • Till said her daughter was sleepy during the Tuesday court visit because the family doesn’t have a permanent residence.

    The teen was seeing King’s court as part of a visit organized by The Greening of Detroit, an environmental group.

    Uh... so this child is almost homeless and is donating their time to help the community. Clearly this judge is very bad at judging people.

  • Video of Eric Schmidt blaming remote work for Google’s woes mysteriously vanishes

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  • Uh, that guy actually did steal literal IP. Uber was founded by an asshole who didn't care about breaking the law.

    six weeks before his resignation, Levandowski downloaded all these highly confidential files and proprietary design files

  • Video of Eric Schmidt blaming remote work for Google’s woes mysteriously vanishes

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  • It happens all the time. Almost everyone who starts a new tech company has worked in a different one.

  • Video of Eric Schmidt blaming remote work for Google’s woes mysteriously vanishes

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  • In California it's totally fine. That's why there's so many tech startups there. It's not taxes.

  • Video of Eric Schmidt blaming remote work for Google’s woes mysteriously vanishes

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  • That's not really how IP works. Just because you think of something while eating a sandwich that Google paid for, that doesn't mean they own it. Your brain is not "company resources". The sandwich was not necessary for the brainstorm.

    It's smarter to think up good ideas away from the office, but it's completely legal to take knowledge and experience with you when you leave the company.

  • Use a password manager

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  • Because different layers protect you against different things. It's like how you have anti-lock brakes, a seatbelt, an airbag, and crumple zones on your car. You don't just have one thing to protect you.

  • Video of Eric Schmidt blaming remote work for Google’s woes mysteriously vanishes

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  • It saved him like several hundred per month.

    If you live within biking distance of Google, you are spending a ton of money on rent. Work from home is way cheaper, especially since you can just live somewhere with sub-million houses.

  • Kamala Harris economic plan to focus on groceries, housing and healthcare

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