This is why the wealth tax will fail to fix inequality. Eventually your parents shitty 250k house out in the sticks will qualify for wealth tax. Whatever stocks you have that aren't in a retirement account will be wealth taxed even though half their growth is just from inflation. It's going to suck.
I think you might be disconnected from what a house costs in less-than-desirable areas, but there are houses you can find within driving distances of major jobs hubs for a fraction of that price. Sure, they won't be nice, but you used the word "shitty" and implied a middle-of-nowhere locale.
When I left Pittsburgh not too long ago, you could buy a house across the river from where I worked for about $30k. Yes, it sucked and wasn't a great spot, but that's a lot cheaper than $250k and I could walk to work.
I just checked and found a shitty fixer upper (so a lot of work) in the same spot for $40k. And there are plenty of nicer houses that don't need work for under $100k, and again this is just a few minutes drive away from Pittsburgh.
You give the progressives in the U.S. government more credit than I do. I’m just waiting for them to collectivize retirement accounts to “help the needy”, promise to redistribute it fairly so that I won’t have anything to worry about in my old age, and then break their promises when I’m 90 years old and too old to earn a living any more.
Exactly! A huge portion of the middle class's wealth is tied up in property equity that is taxed every year. The ultra wealthy's wealth is primarily in business ownership or equity which is only taxed on gains when it's sold.
Sort of. While there are far too many complex exceptions and loopholes, a non pass through entity pays corporate tax on earnings. The tax on capital gains is a second tax on the same earnings.
For the latter, the option would be to allow the person to sell at that amount. Thus if the government over estimated the worth you are capable of selling. This works far better with large businesses than homes due to the impact of emotional value.
>The ultra wealthy's wealth is primarily in business ownership or equity which is only taxed on gains when it's sold.
So for the rich to unlock their wealth and make it usable they have to pay a tax? Well, let's tax it again, why not? And as for property already be taxed? Why not have two taxes? The more taxes the better. The war with Iran isn't going to pay for itself.
Firefox is creepy AF. I was just listening to "Diamond Ned Flanders" by MadeinTYO on Apple Music, and when I open Firefox the "suggested article" on the front page is about Ned Flanders. That's some Facebook type shit right there. Uninstalled.
Could you please stop posting unsubstantive and/or flamebait comments to HN? We've already had to ask you this, and you've been doing it a lot.
Also, while I have you, please stop using HN for ideological battle—you've been doing a lot of that as well, and it destroys what this site is for (https://qht.co/newsguidelines.html), regardless of which ideology you favor or disfavor.
Also, can you please not systematically delete comments? Deletion is for things that shouldn't have been posted in the first place. Deleting more than half of what you post is not an intended use of the threads.
If I don't want cookies, "technical" or otherwise, I'll browse incognito mode or block them by some other means. I don't need a European bureaucrat to get involved. Thanks.
If I don't want trichinosis, "medical" or otherwise, I'll just cook my pork extra well or remove parasites by some other means. I don't need a USDA bureaucrat to get involved. Thanks.
> I don't need a European bureaucrat to get involved. Thanks.
My 70 years old grandma or 12 years old cousin do though. Of course as tech people we know how to bypass most of the tracking happening on the web, that's not the case for the average user.
As others have mentioned these notices are not for "us". "We" are the ones that _love_ to setup their own PiHoles, tunnel everything through some self-hosted VPN spread over the world, running adblockers, script blockers, private mode browsers, do not track-settings and so on. We're just fine. But the others are fucked. And they need laws and notices so they don't get screwed.
What if it comes out that he was coordinating with the Harris campaign to help get her anti-lynching bill passed which had been dead before the incident due to extremely low rates of lynching in modern America? They attended protests together and were at least familiar if not friends.
while no doubt this is grounds for jail time or fines, do you think a search of this depth is warranted? And how is that not wasting way more police time?
No I don't think it's a good reason to do such an invasive search.
Though I also don't think they should just drop the investigation if they have evidence there was a real crime committed (the false police report). I sure don't know anyone who committed a felony, got busted, but then was allowed to just walk away because it was a hassle to prosecute them. As for the effort, I'm sure they have some digital forensics tool that will search anything for them these days. Probably just one case among many that one person is working on at this point.
I can't imagine how frustrating this is for business owners. There are a bunch of obviously fake reviews by people in India on the local GNC branch. If you just look at the star rating, you'll think "Wow, that place must suck!". Then you read the reviews and it's from people who have never set foot in the United States never mind GNC. Reviews are basically useless.
I was thinking this could be a good way to get lame blogs banned off HN. Just order some upvotes for it from one of those banned upvoting services. No one is going to believe someone else ordered it.
They can remove the voters' voting power instead of banning the website. (This has happened with at least company's blog/employees, that I'm aware of, when I got asked as a contractor to help upvote.)
It's comical how Bloomberg wouldn't get into the race until Warren polled higher than Biden for two days. Even a tiny chance that a wealth tax could happen was enough for Bloomberg to commit to the race. Haha.
It certainly feels that way. Honestly though I'm not sure if his goal is for a moderate nominee that joining the race is the way to do it. Seems much more likely to me he'll peel some support away from Biden rather than actually decreasing support for Warren/Bernie/et al.
