I think the long-term historical drop in the ratio of [top marginal rate on individual income] to [tax as a % of GDP] is mainly the result of these factors: 1) increased tax compliance 2) more tax deductions Overall,…
You also need to include inflation. Tax receipts actually fell on an inflation-adjusted basis in 2018. Absent any changes in government policy, you’d expect expenses to roughly follow inflation plus population growth,…
Your link shows the ratio decreasing from 16.97% to 16.16% in 2018 when the bill went into effect. That’s a 5% decrease, which agrees with my above math. Overall your chart shows the ratio has a range of 19.75% to…
GDP was growing before and after the Trump tax cut, so growth in tax revenue year over year was expected. The Trump tax cuts went into effect in 2018, and according to your link tax revenues increased from 3.32 to 3.33…
To be more correct, it’s a 7% decrease in income over $5,000,000 (if the total tax rate on that income was 50% before and went to 53.5%, the amount remaining dropped by 7%). I think this point is under-appreciated. As…
I’m not sure. If Facebook had been more surgical to send less traffic to clickbait listicles, but more to Prestigious Investigative Journalists, would the outcome have been the same? Did the unemployed listicle authors…
Wow, iPad revenue up 31% YoY after being down ~10% in the last few quarters. Similar numbers to a Q1 (holiday season). I guess it makes sense that the tablet form factor is popular when so many people are indoors. Also,…
I don’t think harming journalists was the motive, but it was the outcome, and in hindsight it seems predictable. At least it should serve as a lesson to anyone who faces a similar decision in the future.
Modifying the news feed algorithm to send less traffic to traditional news sites contributed to a lot of layoffs and general turmoil in the industry. This resulted in major animosity toward Facebook among journalists,…
I’m just responding to the common claim that means-testing UBI would be expensive relative to the expenditures of the program (well-illustrated by the quote “appropriating dollars to save pennies“ in the comment I…
There’s still a ton of interesting content on YouTube. They have taken down stuff that didn’t deserve to be taken down, but it’s a very small portion of overall content. Other than people who are only interested in…
I hear this argument a lot but it makes no sense to me. Suppose UBI is $12k/year. Then as long as it costs less than $12k to identify a rich person, it’s cheaper to not pay the rich people than to pay everyone. In fact,…
I had internet access since I was about 10, used the internet constantly though my teenage years, and did great in math and science in school (winning contests and the like). I was also interested in computing and…
Good point. It’s usually me trying to convince dad to update software, not the other way around.
I’m not the person you responded to, but I’ve lived with a person who had a case of OCD that I’m confident saying is definitely not adaptive. To give one anecdote among many, this person would spend the entire day in…
It doesn’t sound like the worst way to hire model builders.
If this is true, why does the share price go up? Who is buying the stock after the short-term play? Is the market just dumb, and the only people who know the truth are the disgruntled-ex management who complain to the…
What is the long term if not the sum of the short terms? “Short term bad long term good” is a convenient argument for management in a dispute with shareholders. It allows them to discard the objective measure of their…
Unfortunately there’s a long history of colonized people being mistreated, so it’s not an easy sell.
The strategy of asking the oldest employee for advice has worked well for me at Home Depot.
I think you only need language to communicate, it’s not necessary in order to think. Do you agree that a human that grows up in isolation probably won’t develop a language? Would you say such a human isn’t sentient? I…
My government, along with any other entity with lawyers, can obtain my browsing history from my ISP as evidence that is admissible in civil or criminal court by submitting some paperwork. They can’t do that with my VPN…
I don’t understand what you are proposing as an alternative. If the company dies who is going to take care of the employees? Lay off everyone because it would be wrong to only save some? If everyone makes that noble…
What if qualities you might judge in an interview other than “general IQ” and “grit” are even more bias-prone, and using those other qualities is actually worse than measuring “general IQ” and “grit” and applying a…
How to filter out candidates who are only good at talking? I’ve worked with people like that and it’s miserable.
I think the long-term historical drop in the ratio of [top marginal rate on individual income] to [tax as a % of GDP] is mainly the result of these factors: 1) increased tax compliance 2) more tax deductions Overall,…
You also need to include inflation. Tax receipts actually fell on an inflation-adjusted basis in 2018. Absent any changes in government policy, you’d expect expenses to roughly follow inflation plus population growth,…
Your link shows the ratio decreasing from 16.97% to 16.16% in 2018 when the bill went into effect. That’s a 5% decrease, which agrees with my above math. Overall your chart shows the ratio has a range of 19.75% to…
GDP was growing before and after the Trump tax cut, so growth in tax revenue year over year was expected. The Trump tax cuts went into effect in 2018, and according to your link tax revenues increased from 3.32 to 3.33…
To be more correct, it’s a 7% decrease in income over $5,000,000 (if the total tax rate on that income was 50% before and went to 53.5%, the amount remaining dropped by 7%). I think this point is under-appreciated. As…
I’m not sure. If Facebook had been more surgical to send less traffic to clickbait listicles, but more to Prestigious Investigative Journalists, would the outcome have been the same? Did the unemployed listicle authors…
Wow, iPad revenue up 31% YoY after being down ~10% in the last few quarters. Similar numbers to a Q1 (holiday season). I guess it makes sense that the tablet form factor is popular when so many people are indoors. Also,…
I don’t think harming journalists was the motive, but it was the outcome, and in hindsight it seems predictable. At least it should serve as a lesson to anyone who faces a similar decision in the future.
Modifying the news feed algorithm to send less traffic to traditional news sites contributed to a lot of layoffs and general turmoil in the industry. This resulted in major animosity toward Facebook among journalists,…
I’m just responding to the common claim that means-testing UBI would be expensive relative to the expenditures of the program (well-illustrated by the quote “appropriating dollars to save pennies“ in the comment I…
There’s still a ton of interesting content on YouTube. They have taken down stuff that didn’t deserve to be taken down, but it’s a very small portion of overall content. Other than people who are only interested in…
I hear this argument a lot but it makes no sense to me. Suppose UBI is $12k/year. Then as long as it costs less than $12k to identify a rich person, it’s cheaper to not pay the rich people than to pay everyone. In fact,…
I had internet access since I was about 10, used the internet constantly though my teenage years, and did great in math and science in school (winning contests and the like). I was also interested in computing and…
Good point. It’s usually me trying to convince dad to update software, not the other way around.
I’m not the person you responded to, but I’ve lived with a person who had a case of OCD that I’m confident saying is definitely not adaptive. To give one anecdote among many, this person would spend the entire day in…
It doesn’t sound like the worst way to hire model builders.
If this is true, why does the share price go up? Who is buying the stock after the short-term play? Is the market just dumb, and the only people who know the truth are the disgruntled-ex management who complain to the…
What is the long term if not the sum of the short terms? “Short term bad long term good” is a convenient argument for management in a dispute with shareholders. It allows them to discard the objective measure of their…
Unfortunately there’s a long history of colonized people being mistreated, so it’s not an easy sell.
The strategy of asking the oldest employee for advice has worked well for me at Home Depot.
I think you only need language to communicate, it’s not necessary in order to think. Do you agree that a human that grows up in isolation probably won’t develop a language? Would you say such a human isn’t sentient? I…
My government, along with any other entity with lawyers, can obtain my browsing history from my ISP as evidence that is admissible in civil or criminal court by submitting some paperwork. They can’t do that with my VPN…
I don’t understand what you are proposing as an alternative. If the company dies who is going to take care of the employees? Lay off everyone because it would be wrong to only save some? If everyone makes that noble…
What if qualities you might judge in an interview other than “general IQ” and “grit” are even more bias-prone, and using those other qualities is actually worse than measuring “general IQ” and “grit” and applying a…
How to filter out candidates who are only good at talking? I’ve worked with people like that and it’s miserable.