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Joined 1 year ago
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Cake day: June 10th, 2023

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  • -It requires an arbitrary use-agnostic choice of value. Why 10 million? Why not 5? Why not 50?

    Why are tax brackets the value they are? Would you say that tax brackets are a bad system? They also rely on an arbitrary use-agnostic choice of value.

    -it requires an arbitrary time scale. Why 5 years? Why not 3? why not 10? Why not limit once in a lifetime?

    Same reason taxes are calculated over yearly income and not every 2 years or 6 months. It’s also arbitrary, it’s just an arbitrary you’re used to so you don’t question it.

    Both cons you found for my solution are also present on tax brackets, i.e. arbitrarily defined values and length, by that logic you also think tax brackets are a bad idea.

    The reason why I said 10 Mil over 5 years is to try to exclude as many legitimate use cases as possible. For starters we’re talking about people, not business, there are legitimate reasons for a business, particularly large ones, to take much larger loans. But for people? The largest expense on a regular person’s life will be the house they buy, and 10 Mil is WAY above the average price for that, if someone is buying a >10 Mil house I’m okay with them getting taxed on the loan, if they managed to get a 40 year 0% loan (impossible) they’ll already be paying 20k per month, might as well pay some more on top of it. But wait, you might say, what about smaller loans that compound to >10 Mil, that’s why there’s a 5 year limit, this means the person needs to loan over 2 Mil per year, which is simply not possible for someone unless they’re mega-rich, because again they would need to be paying >20k per month.

    And yes, those are arbitrary values and probably they need adjusting via research and experimentation, but again the same is true for tax brackets, and I think everyone agrees those are a good idea.

    This answer you acknowledged my proposal, therefore I now believe that you understood it, on your first answer you suggested I had a definition of income/non-income loans, which is not at all what I’m proposing.


  • Read my answer before replying, I provided a solution for that’s and it’s a solution based on the astonishing difference between what high middle class people and super rich make.

    I’ll repeat it, every dollar you take from a loan gets tallied, and expires after 5 years. Whenever that value goes beyond 10 million you start paying taxes on the loans. You, or any high middle class person, won’t be able to take that many loans in such a short period of time, simply because it would mean that you need at least an income of 2 million per year just to repay those loans, and I think we can agree that’s not high middle class.

    This way there’s no loophole on the type of loan.




  • But then the value goes WAAY up. Let’s assume you live in a very good house, and mortgage it you’re able to get 5 million out of it. Do you think someone like Jeff Bezos could live for 5 years with that?. You can do it fairly straightforward, everytime you take a loan, the full amount of that loan gets added, after a period of 5 years that value disappears, if at any point that value goes above 10 million, you start paying taxes on it. And the higher it goes the more tax you pay on it, just like how income tax has brackets, and just like how up to certain values are exempt.

    For you or me if we were ever loan 10 million over 5 years we wouldn’t have a way to pay it back. For an Uber wealthy they do that fairly quickly, Bezos mention costs 600k a month, so he’ll get into the first bracket from just that in a year and a half.

    People need to realize just how big the gap is, there are plenty of ways to tax extremely rich people without affecting the middle class by just putting the bracket so high up that it’s impossible for a middle class to reach it.




  • Every time I see that, or similar, explanation on a piece of media it reminds me of Stargate SG-1 https://youtu.be/zBjbNqBjSMI

    Context for the video, the guy is a technologically advanced alien trying to contact another alien species that’s light years away from earth. They’re also refusing to share technology with earth humans because they deem earthlings are too primitive. In that same episode they talk about quantum physics and their answer is “ahh, yes, I remember that, I studied it in school, together with other misconceptions”.

    I love Stargate, in part because they take the time to explain things, sure, they do a bunch of stupid stuff too, but a lot of the time they’re fairly accurate, and when something needs to go against physics they even acknowledge that that’s not how it’s supposed to work.






  • First of all, I’m not from the USA so take this with a grain of salt, but are you suggesting the election was rigged or fraudulent? Because if not you’re the one trying to impose an authoritative regime. Like it or not he was elected democratically, and this time you can’t even use the excuse that your voting system is weird because he also got the majority of votes. So the majority of people in your country think that he’s the correct person for the job, or in any case don’t oppose him.

    So what you’re talking about is for a minority to raise arms against the democratically elected government. You are the one who’s being anti-democratic. Even if you were to win the revolution you would need to put a tyrant in power because calling a new election would result in the same outcome.

    Like it or not the majority of the people in your country are stupid enough to either want that or not caring. That’s one of the dangers of democracy, but starting a revolution to remove a democratically elected president in the name of democracy is just as dumb.


  • On my personal computer ~/Projects/<name>, you need to remember that real-life is not like college, you won’t be working on a new project every week. If you have more stuff than you can manage like this, you’ve bitten more than you can chew.

    On my work computer it’s a bit more complex, because I have to work with other people’s projects as well, so I have a ~/Work folder and in it several folders by type of stuff, e.g. ops for operational stuff such as scripts to deploy stuff or grant permissions, code for servers (and client) code, etc. Also if I’m working on something specific that requires multiple repos I create a folder for that project with the repos inside.