SiliconSplash
I literally started off my previous reply by prefacing my frustrating around discussions of this type where people assume the current situation is going to stay in place as is. Sure in the short term things maybe negatively affected however in the long term there are benefits, one which is often over looked is a more robust domestic supply chain, which was a real problem back in 2020.
He can then leverage those stocks BTW to receive loans, which he won't pay taxes on as they are a debt. Then he can make use of the stock without selling it, and then use that extra income to invest in other things that will generate him additional income/capital or whatever.
There are even more tricks you can do at that point, where on paper you are technically making a loss and never pay a cent in tax.
The phone itself is quite different in some respect to other mobile phones e.g. parts of the phone that would be on the SoC are on removable M.2 cards. It is a niche product, meant for a particular audience. You are going to be paying a premium even if it was manufactured in offshore.
I pay a premium on any add-on/upgrade card to my Amiga. These products are made in smaller batches and thus cost a lot more than simply getting an ARM chip and emulating it. I accept that because my use case is extremely niche.
Umm. Tim was taxed there for selling his shares. Not a salary. His Salary I don't think is mentioned in the article you linked. As of 2022 it was $3,000,000, he was getting ~$47 million that year in stock compensation, which I doubt he gets taxed on unless he sells it.
https://9to5mac.com/2024/01/11/tim-cook-total-pay-compensati...
He is definitely restructuring his income to be tax efficient.
> The tax system really favors two groups: private equity and founders, both of whom make their money primary through capital appreciation.
Maybe. But that is irrelevant to the original question.
The biggest issue I have when having these discussions is that people assume that the situation currently is what will always be. Part of rationale behind the Tariff is that you increase domestic production. Obviously it isn't going to happen over night, but the cure for high prices, is high prices as this will create the incentive for people to domestically produce.
> Re: energy independence, US was not "energy independent" in that we didn't import any energy. We were (and still are) energy independent in that we produce more than we consume
Right so you could meet the energy needs right?
> Tariffs threaten those export relationships, and it's not trivial to just ship electricity wherever it's needed. It's far easier for us in the North to get electricity from Canada than to ship it in from the desert or something.
It may not be. However the entire point is to create a incentive to solve these problems domestically.
If the income tax didn't exist at all, I would keep all of the £65,000 and it would be totally worth working those hours. The extra £13-16k a year would allow me to pay off my current apartment in 3-5 years, not 10-15 and then I could get a lower paying job anyway and work less sooner. So the trade off IMO would be totally worth it.
I give an example of how you would do it in the UK. Similar restructuring can be done in the US.
I was talking about how a similar policy would affect me in the UK where far more food is domestically produced.
> More importantly, though, the entire economic rationale of import tariffs is to allow domestic producers to charge more. It doesn't matter if you just "buy American", because if the competition that American producers face is now 10% more expensive, these producers will raise prices. Or, if more charitably, foreign goods were making American-made products uncompetitive, American producers can now come in and make those goods, but only at the higher prices.
You can adjust your consumption much more easily than you can adjust your income tax. If you want to be in the lower band of progressive income tax.
> Also, you misunderstand how progressive taxes work. When you make more and go into "the higher income band", you're not taxed more on ALL your income, just the portion that is in the new band (at least in the US). Yes, there have been cases in the US e.g. with welfare where if people made above a certain amount their welfare was cut off, but those have all been highlighted as examples of poor tax policy that have largely been fixed.
I do already understand this. You don't understand what I was telling about how it affected my wages that month. Once I went over the band, the increase in tax was enough to make working the overtime not worth it, as I would maybe get a few hours of OT. It would only be worth it, if I was working lots of OT ... which I couldn't do because I was studying.
It also stops me from bothering to get a higher salaried job. I am at the highest pay before you go into the 50% band. So if go from £55,000 to 65,000, that £5000 of the extra £10000 will be taken by the taxman. A £65,000 job has a lot more expectations than a £45-55k job. The extra stress and hours that will be expected isn't worth the extra £5000 which over the year is an extra £415 month.
"*Only*" That is a lot of money for most people. How the other half live!
> The threshold to enter top 10% is only 180K
Yes. I was doing it when I was earning less than that as a contractor in the UK. I can tell you how it generally works in the UK:
* You set up a LTD company. * You pay yourself a minimum salary where you pay the bare minimum tax this is approximately £13000 the last time I checked. I think you can pay any other "directors" this as well, you basically make your significant other one. * Anything related to work becomes an expense e.g. parking tickets, mileage on your vehicle, laptop, computer software etc. So you don't pay this, the company does and thus you get a tax relief. * You pay yourself dividends from your LTD company. You pay yourself the bare minimum and leave as much as possible in the company. These were taxed at a far lower rate that the equivalent money if you worked perm. * You pay your pension via the company.
In the US how it is exactly done will be of course different as the taxes are structured differently but I know for a fact that people are doing similar in the US.
This is assuming you are buying goods that are outside of the country. Most consumption weekly is things like food, drink, disposable items and not things like computer hardware which is refreshed every few years normally.
> There is a reason why rich prefer tariffs over a progressive income tax.
I am not rich and would prefer Tariffs over income taxes (I am in the UK). I would rather save the that gets taken every month from the taxman and I could afford to buy myself a nicer property. I could also make the conscious decision to make sure I purchase items produced in the UK which presumably for food, drink (at least) I would wager is produced in the UK and thus would be cheaper than things produced outside of the country.
As for progressive taxes they actually make it more difficult to earn more money even at a near minimum wage. When I worked at a super store (Tesco) many years ago, If I worked a few hours overtime, I would go over income band for that month and it effectively made working that shift a waste of time. I am including my time to commute which was a 30 minute cycle and not wanting to have to stack onions. So I didn't bother working overtime as a result. Neither did many of my colleges. Granted I normally would get a check back at the end of the year from HMRC as I would have over-payed for the year, but when you are living month to month, I would always prefer the cash in my pocket as the end of the tax year is an eternity away in comparison.
Therefore the only standard should be the legality of that speech in a particular country. In the US those things you put as exemptions are permitted. So pre-musk Twitter wasn't about free-speech as those exemptions are restrictions on speech that are greater than US law restricts (which isn't much tbh).
Generally you have a trade off on any of these platforms between what you can say without breaking terms of service and the popularity of that platform. Generally less popular platforms are less restrictive.
If you don't want your speech restricted, you should probably just go back to hosting your blog and using a mailing list.
There are obviously some restrictions on speech in every nation. However in the US the restrictions on speech by the state are far fewer than pretty much anywhere else and are enshrined by law. This is in stark contrast to other other Western nations such as the UK where there are far, far more restrictions on speech.
It depends on context. The legal test is called the "Imminent Lawless Action" Test in the US.
https://en.wikipedia.org/wiki/Brandenburg_v._Ohio#Brandenbur...
> Ultimately, whether it is legal in the United States to falsely shout "fire" in a theater depends on the circumstances in which it is done and the consequences of doing it. The act of shouting "fire" when there are no reasonable grounds for believing one exists is not in itself a crime, and nor would it be rendered a crime merely by having been carried out inside a theatre, crowded or otherwise.
https://en.wikipedia.org/wiki/Shouting_fire_in_a_crowded_the...
Incitement to violence is also permitted as long as it isn't immediate and/or likely. This is known as the Brandenburg Test:
The big problem with any of these discussions (especially online) is that a lot of people are intellectually lazy and assume the other-side is comprised of brain dead zealots who only support the most extreme positions.
I wrote a very lightweight JS framework (it was just a few classes really) so we could have plugins. A plugin implemented was just an object that implemented an interface, I also wrote a poor man's React for two or three pages that needed to build a lot of DOM Dynamically.
At launch the site was getting basically 100 on the lighthouse tests with the gzipped CSS and JS coming it at ~80KB. Of course that lasted for a week because people will put up a huge image that hasn't been optimised for the web.
The site was fast because I wrote it like a website from mid-2000s. Everything was basic OOP and almost all the code was procedural.
Most places just don't care. I've worked 15 years as a contractor and only in once place have the business cared about optimisation. As long as it wasn't unbearable than it was "good enough".
> This is especially true in e-commerce where many studies have shown that overall page performance has a correlation to conversion. Add to that the fact that a lot of e-commerce has moved to mobile web, there's a strong case for picking the best performing technologies versus developer preference -- especially if AI is generating it.
This may have been true back in 2014. 5G networks are pretty fast and the the mobile web is pretty bloated. Performance is way down the list of concerns typically even by places that should care. I can write blazingly fast custom JS frameworks, the number of times anyone cares is exactly one time.
> I do my day-to-day work on an M3 Max with 64GB RAM and fiber to the home; it's easy for developers to forget that many times, their end users can be on older devices, on low performing networks, and other factors that affect performance and usability of web applications.
I have a 2010 Dell E6410 with 8GB of ram and an i7 640M (Dual Core, 4 thread). Almost every modern phone is faster now.
I am not arguing we should make things bloated. I am just saying there isn't an incentive to optimise for low end devices because low end is better than a reasonably power Business Laptop of 10-15 years ago.
> why would you waste time and energy to create your own calendar component? But if an LLM can generate any bespoke component that you need in < 3 seconds, do you still need a third party component library?
The code from the LLM probably hasn't been battle tested. The open source react component library with 1000s of stars on github definitely has been. If you run into a problem with the LLM code you are probably going to be by yourself fixing it. I will take the component library over the LLM code everyday of the week.