lotsofpulp
lotsofpulp on Hacker News
In the US, federal estate taxes aren't a thing if you pay a few thousand to an estate lawyer to setup irrevocable trusts and whatnot. And these tactics usually work for state estate taxes too.
Plus the federal estate tax only starts at $15M for an individual and $30M for a married couple, so it has no effect on what most would consider a "small" business.
Most people on this forum would be served well (or at least their heirs) by spending a few thousand on an estate lawyer to prevent their heirs from having to waste time in probate court.
So unnecessarily judgy. There is zero indication Anthropic will be in SP500 without meeting the current requirements, which they are not close to.
Possibly. There may or may not be a national security resiliency offered by continuing to operate a 6 days per week nationwide logistics network.
Either way, it’s not in USPS’ hands since Congress would have to change that requirement.
Supposedly mail is so rare now that those bulk mail advertising items are the only thing sustaining the USPS' daily delivery operations. Without the, stamp price would have to be far higher.
The technology would not collapse, only the equity owners' purchasing power would collapse. Ellison owns 40%, so the rest of society only loses 60% * $360B = $260B, which is not much in the grand scheme of things.
Oracle is small potatoes, it’s not toppling anything. If anything, Oracle’s demise would boost productivity.
That is the same way it works in the US.
Automation also reduces cost of goods sold, which, assuming multiple sellers are competing, results in reduced price of goods and services.
“Short term” and “after the technology has established itself” can span decades, if not lifetimes, when the technology is something as complex and capital intensive as microchip production, pharmaceutical manufacturing, rocket launching, mobile communications, and other advanced processes.
I prefer to assign responsibility to the voters of the previous 25 years, just like I would to any other decision maker of any other organization trying to blame someone from 25 years ago.
The whole point of democracy is to be able to correct course by being able to amend leaders and hence amend legislation.
Clinton isn't a reasonable answer, he left office 25 years ago.
Regardless of policy, wouldn't automation inherently lead to agglomeration of capital?
Considering the search engine company is selling a very popular self driving taxi service, they seem to be quite credible and innovative.
CHWY is -7% per year since Sep 2019, while SP500 is +16% per year, and CHWY has 2% profit margins, give or take. I don’t know what success means, but I would not have wanted to buy CHWY stock anytime after IPO.
How many colleges provide access to the upper crust of society? 10? 20? The vast majority of kids aren’t getting into them anyway, so it’s a moot point for them.
The biggest purchase for my kids is health insurance, and healthcare overall.
State taxpayer funded universities are not that expensive. I figure if my kid is worthy and lucky enough, they will get a scholarship to the elite universities, or they can go to the state taxpayer funded ones for less.
If the state ones get too expensive, there is community college and or just starting an apprentice trade job.
I don’t interpret “juicing” to imply illegal.
So why not give your mom (and all moms) cash? Then they can order food delivery if they want, or not if they don’t.
Fairer, simpler to implement, no avenues for corruption.
>that hardly proves the power of the common man.
What I meant was the 2016 Repub primaries are evidence that the common man votes for who they want, not who the large donors want. The Repub party leadership and previous decision makers were usurped, and hence the idea of MAGA supplanting the Republican Party. More evidence is Dick Cheney and the Bush family becoming quickly irrelevant.
https://www.nytimes.com/2016/08/19/us/politics/robert-mercer...https://www.reuters.com/article/world/trump-shrugs-off-campa...
>Trump has spent much of the race so far breaking the mould of a traditional campaign, defeating a crowded field of primary opponents who vastly outspent him in ads and staff.
>During the Republican primary race, he often told his supporters not to contribute money and ridiculed opponents for accepting cash from special interest groups and wealthy contributors.
>He has so far showed little interest in calling donors to ask for money for his general election battle. He only began holding in-person fundraisers in late May.
>Trump was a billionaire, able to fund his own campaign, that hardly proves the power of the common man.
He still spent the least and publicly eschewed donations. His skill was being able to connect with the voters that matter (unfortunately).
As far as I can tell, donations after he was elected in 2016 are simply bribes.
Trump famously won without having the largest donors. He only had 1 big backer (Robert Mercer) in 2016 before the Republican primaries, he was assumed to be a joke candidate. After he won the primaries, he finally got some recognition from the establishment, but even then, they were tepid on investing in him because he was assumed to lose the election.
He’s basically proof of the power of the common man’s vote in the US.
>Modern IPO's just reek of investors cashing out
99.9999% of the time someone sells something, the goal is to obtain cash. Throughout all of human history.
>so management said if any layoffs will happen in 3 years period after this, same package will be offered no question asked. Cooled things a bit, but what a mess...
Unless those funds were placed in an escrow account, I would have assumed that claim held no water.
In regular gambling, the house is in control. In sports gambling, the players and refs can have their own agenda.
>not nuclear engineering or nuclear fusion or some other revolutionary way to increase the value of real property.
Is engineering the factories that make the hardware not nuclear engineering? Even if not, considering there exists only 1 supply chain in the world capable of making them, it seems pretty revolutionary. And that moat seems pretty big, given that it hasn't been crossed for many years.
Seems like businesses should be embracing remote work instead of hybrid or full time return-to-office.
I presume it is a flattering angle instead of a falsified image. The camera bump is near the one large button, which was furthest from the camera when they rotate it, so the iPad could have been angled slightly to hide the bump. Maybe someone can try to reproduce it after it comes out to see if it is a false image.