stevehobbes @ stevehobbes @lemmy.world

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2 yr. ago

The max bracket starts at $693k for married couples filing jointly. The vast majority of couples making $1M-10M are not running that that income through an LLC and shuffling into trusts and businesses. That definitely happens - not with ordinary income, which is what those tax brackets are for. It predominantly happens with people putting assets in trusts (i.e. stock). There are ways to play games with ordinary income, but it's much, much harder.

I did not say they should get paid 100s of times more. In fact I said the opposite.

But it’s not a leap to imagine someone who manages people has an outsized impact (on average) on the performance of the business relative to the people they manage. They set direction and goals - and while it isn’t more important than the individuals doing the work to achieve the goals, on average it has a larger impact.

Cushy office job or not, managing people is a shit ton of work, work you don’t have as an IC. It’s work that is often done after you do your day job. There are shitty managers just like there are shitty ICs, but if you’re talking in generalities, the percentages are probably similar.

They are probably still a little low - but there’s a giant gap between $400k and $200M.

If you believe that a lot more lower level people should make $150-200k, their manager should probably make more, and their manager should probably make more, and their manager should probably make more, and the CEO should probably make more and all the sudden there isn’t a wide enough gap to pay those people more. Would you want to manage a bunch of people for $5k/yr more?

Money that isn’t paid to employees is paid to shareholders or squandered on stupid stuff.

Their CEOs should make more, and their regular employees should make more.

Not all zionists are religious, like at all.

They had the 100k warranty long before the theta engine debacle.

Their expected reliability is lower.

Would love some sources!

Because NYC is far more influential. We’re a soda fountain town.

WNY is a backwards, weird place.

As in, a family member would say “can you get me a coke from the fridge?” And you’d reply “what kind?” And they’d say “sprite!”?

Because that’s what this is referring to. I’ve never heard it anywhere outside of the south.

The Transporter intensifies

Not just any keyboard and display, looks like they are gutting old Blackberry Bolds and slapped a pi zero in it.

I mean, this is kinda the free market at work? Nvidia built and dominated a market, and AMD and Intel are pouring billions in to give people an alternative which will drive prices down?

nvidia is a US company. They are subject to ITAR regulations.

They need non-Chinese IP to build their GPUs and fab them (ie EUV tech and TSMC to fab).

China is a big market, but still smaller than the US and Europe by quite a bit.

I mean yes, they’ve stolen a lot of IP. Much of it was not transferred legally. They have a state run industrial and commercial spying program and have for decades - just like Russia.

What OP is actually referring to is the lack of industrial oversight and the Chinese penchant for using substandard material like steel and lying about it to charge a higher price while providing an inferior good.

Look up ‘tofu dreg’ construction.

It’s not western capitalists getting rich off this, it’s unscrupulous Chinese factory owners and industry magnates.

It’s also not just an export problem.

What an insane thing to repeat without any evidence.

Nope, not at all. All that falls into the intolerant and intolerable category.

Defending capitalism or Israel - or even suggesting that both sides might have agendas - will get you banned in quite a lot of subs here.

Nope, not at all. All that falls into the intolerant and intolerable category.

Defending capitalism or Israel - or even suggesting that both sides might have agendas - will get you banned in quite a lot of subs here.

Hard anodized aluminum is sealed with something, often teflon.

Nope. It’s exactly the same process - it’s just Type III not type II.

The sealer is what makes it non porous. That sealer is usually teflon that wears off.

Amazing take.