
PeteWheeler
smash bros ult chess homelab/selfhosting accountant
As a past tax accountant.
I don’t believe a straight tax will get the job done. Taxation is too unpopular to be realistically effective, and will just have corners cut in very easy and direct ways. Mainly because the masses are too stupid to understand how taxes work. I have had countless times people ask me a tax question after knowing I work in tax, I’ll answer their question, and the answer is the same thing every fucking time no matter if its a friend, coworker, family, etc. “No that is wrong, what I think is correct actually”. It is infuriating.
I think there are three effective ways to tackle wealth inequality.
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Give workers ownership along with their wage. The ‘owners’ will of course have a bigger cut than the workers, but the current hoarding of ownership is what I think the key issue is. Our idea of ownership is the root cause.
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Lobbying/bribes. We all know why this is bad, but it happens. Until this is fixed wealth inequality will never be fixed.
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Loans. It is so easy for the wealthy to receive a good deal on a loan. Only because they already have money and the loan is not necessary. We need to limit loans on people who already have one successful business. Why are we allowing people who have prospered receive more money without more scrutiny? That is the definition of greed. As long as their BS and IS look okay to a bank, they will get approved with little to no follow up.
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Distributions. In the US, when filing as a S-corp, they will receive no income tax. This is because they are then required to have the owners be paid a ‘fair’ wage to themselves. Why? Because payroll taxes are more compared to income taxes in this scenario. Problems arise when owners will obviously abuse what is a ‘fair’ wage. Lets say an owner gives himself a 30k wage because that is what is ‘fair’. There is nothing stopping him from withdrawing 100,000 in contributions a year, and distributions are tax free with literally no oversight. The only checks and balances for this is they might have a basis issue later in life, but honestly that is a pretty small fine for essentially having all the tax free income they want as long as their biz is doing good.
*This is based off my experience as tax accountant/consultant for small businesses with less than 20 employees 2 years ago. Tax laws have changed since then.
I just don’t get why they haven’t put AI in the already established ‘assistants’ yet.
Why isn’t siri or google home not integrated? Why make new things instead of improving the tech you already have?
If I had to guess, its either because of branding, or because they know it doesn’t work that well yet. Probably both.
Thanks for sharing, definitely saved his wikipedia article.
I also like the the graph showing the differences of people: stupid, intelligent, helpless, and bandits.
Love the perspective.
Well fuck us I guess.
Guess ‘we’ deserve it coming. ‘We’ all tolerated these asshats.
Its a good lesson to teach kids, because human’s first instincts is to always judge and believe first impressions. This is obviously not a good outlook on life and will lead to issues and unnecessary conflict.
But yeah it is kind of bullshit once you are able to understand that first impressions CAN be wrong.
Also, children don’t dress themselves usually. So the advise is definitely more relevant as a child than an adult working retail.
And honestly the OP should have a 95% accuracy if they are seasoned in retail. As a former retail worker, those skills were ingrained after the first month working there. It is actually baffling how easy it is.
Yeah, this would be bad for everyone. Even the corps. I don’t think any CEO actually wants to become an actual real life general.
Because there would be wars from these ‘independent’ corps.
So funny. What do they think will happen or change?
Even if this is passed, nothing will change. Also, pretty sure the whole ‘attack on cybertrucks’ is 90% online. So I recommend they just touch grass.
It’s just an old person yelling at his tv (phone).
There is no weight behind it, even if he is the President. His job is to sign here and smile for the cameras. Nothing more. He doesn’t make policy or have original thoughts, he just signs it.
In war, yes. Warzones are the ultimate immoral area where you can do whatever you want, and is encouraged to do evil acts. That is why I am in general anti-war.
Love? Absolutely not. Pretty sure everyone agrees that cheating on people is not fair in love.