Lol. You are ignoring the fact that we already tax unrealized gains: property tax. And that’s actually harder to value than something on a stock market.
An “unknown number”? When you open your Robinhood app, does it show numbers? Because if it doesn’t I think you need to message their help desk.
The only proposals are for massive gains above $100 million. I think a 1% tax on that would be just fine.
Except… it looks like people did start posting. So the users were crowded out by bots before and they’re posting now. That just shows that Reddit isn’t dead, but it does have too many bots.
I mean, I’m sure many people here wish there was more non-bot content. It’s annoying to see something on Reddit and come back here and see the same thing.
DC Trump’s it in significance
Looks like you need to post about politics less.
I mean, I would assume that someone who doesn’t get a new enough car doesn’t have enough money to pay for commercial insurance. Also offering people rides on the street is a bad idea (because you can get robbed) and possibly illegal. This is just running an unlicensed taxi service. Gypsy cabs have been around for hundreds of years. It’s not a good idea.
That’s a terrible idea. His insurance won’t cover him in an accident. If a passenger is injured he may be on the hook for the medical care.
The more expensive eggs taste better and only cost a quarter more. Would you pay 50¢ to make your breakfast taste better? You should.
The funny thing is, if such a thing happened Kroger would definitely be upset. I say, if they want to haggle with you about every orange and apple, they can hire people to do it. If they use “AI”, then they have to accept that people will easily game the system.
Uh, Android is the alternative to Apple’s iOS. Android is much more customizable.
No? San Francisco has had electric busses for decades. They go up and down hills all the time. Their only problem is they have no batteries, so once they are disconnected they stop. It happens every day.
I think something combination of a small battery and a direct connection will work great. The battery only needs to work for an hour and the bus will be able to get around just fine.
Plus, as soon as the cars can drive themselves people will stop needing Uber in many cases.
No parking? Just tell your car to go park on a street 10 blocks away.
Drunk? Car drives itself while you sleep.
Going to the airport? Car drops you off and returns home. Car also picks you up when you are back.
This is combined with the fact that people will do more disgusting things in an Uber without the driver there. If you have ever driven for Uber, you know that 10% of people are trying to eat or drink in the car. They are going to spill and it’s going to end up like the back of a bus.
That’s not true. Most Americans own some investments. 63% of Middle Class Americans ($40,000 to $99,999) own stocks. 65% of Americans own homes.
https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx
Yes, it’s the “expected rate” at the time you get the loan. Guess what banks expect when inflation is low? They expect it to stay low. These are fallible people, not emotionless machines.
Banks are run by people who are not going to be around in 30 years when your loan matures. The people who approved all those 3.5% loans in the 2010s do not care that they essentially lose the bank money when inflation is higher. Plus the original bank probably sold the loan to some dumb investors long ago. That’s who takes a bath when interest rates rise (due to inflation).
It’s not just that. People fought duels over their honor in the past. We don’t have duels anymore, so we shouldn’t rely on a judge to recuse themselves.
It is a founding concept of European law that no one should be a judge in their own case:
It’s not a common misconception. If you have a fixed rate loan, say a home loan locked in at 3% or 4% (like many current homeowners), then inflation above normal helps you. When your loan was created, a sub 2% inflation rate was priced in. Anything higher than that means you are winning and your lender is losing.
Your advantage is that you can choose to refinance when rates are low, or keep a good interest rate when rates are high. Also, I don’t know what inflation hedges you are talking about that “rich people” have access to. Anyone can buy stocks, real estate, or inflation protected bonds.
But the shrinking economy would happen in an uncontrolled cycle. It would be too sudden. Even your job at the plant nursery would be cut. That’s why deflation is bad: it’s an uncontrolled brake on the economy.
True about loans. Inflation benefits all debtors, not just the government. So poorer people who borrow benefit from inflation more than rich people who lend. As others have said, stagnant wages are the real problem.
Regarding deflation, people living in deflation actually do delay purchases. That’s why the deflation persists. There is a cycle that happens where delayed purchases reduce business sales, which causes layoffs. That causes people to delay more purchases.
In your truck example, someone would definitely delay that purchase if they lost their job.
I think in one sense it can be good. Sometimes it is counterproductive to downvote someone from 1 to 0. I think this would prevent that, as the first downvote is probably the most important one.
But I agree that making any data public will allow everyone to be categorized easily. “This person dislikes this content and likes other content.”
Remember, you are giving this info to everyone. Mark Zuckerberg will be able to see what you like and dislike in all public votes.
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.
Please. The Orlando Kick Champs will kick their asses.
This is legitimately the dumbest argument. You will just dismiss any commenters who disagree with you (“that’s your opinion, donate it to the government!”).
Besides, there are literal billionaires who will actually be affected by this clamoring for it. No one who has less than $100 million will be affected. No I don’t need a history lesson about income tax. If you want to live in a country without taxes, Somalia will welcome you.
P.S.: I have more than $20K in personal investments.