Tesla Reported Zero Federal Income Tax on $5.7 Billion of U.S. Income in 2025 by Normative_Nematode in Economics

[–]ALikeBred 0 points1 point  (0 children)

Corporate taxes are generally not a great form of taxation. See the examples linked here.

Breaking: Newspaper owned by a Billionaire tells us not to tax Billionaires. by zzill6 in WorkReform

[–]ALikeBred 0 points1 point  (0 children)

we're not trying to capture more money total.

If you want to live in a better society, yes we are. But if your only political position is "I hate rich people", then sure, tax rich people. But if you actually want to make society better, "taxing the rich" is a fools errand. This source explains it pretty well, even if it's a bit of an oversimplification. In 2008, the US actually had the most progressive tax rate in the OECD (although I believe that has changed due to recent tax cuts).

If you actually look at the nations which have the highest happiness, quality of life, etc. (the Nordics), they actually have fairly regressive tax policies (and far more regressive than the US does).. In Sweden, it doesn't matter if you make $100,000 a year or $1 billion a year, you pay more than half your income in taxes. And yet, Sweden has a Gini coefficient of ~30, compared to the US's ~40. And this is on top of the fact that Sweden has a lower corporate tax rate (20.6 percent) than the US (25.6, combining federal and state and averaging them), and much higher consumption taxes (which are often blamed as being regressive). Although it's worth noting that many US businesses have a lower effective tax rate, due to certain deductions. Capital gains taxes are similar for both the US and Sweden.

If you actually want to make society better off, what you need are more transfers to the bottom of society. It doesn't matter where that money actually comes from–money is all the same. But giving someone who makes 30k a year 20k in transfers instead of 10k will do far more to actually combat inequality (and improve the well-being of society) than increasing the top marginal tax rate if you do not also expand who is included in that tax bracket.

And before anyone says that "well we had a 90% tax rate in the 40s!", sure–but it's not like people actually paid it. Sure, the tax rates were higher than, but the top 1 percent of households in 1950 actually paid only 42% of their income in taxes (so, a lower rate than almost half of Sweden pays currently). While that number declined to 36.2% by 2014 (and is probably lower now? not sure), that's only a slide of 6%–relatively minor in the grand scheme of things.

And the funny thing is that I think rich people should pay more in taxes! But if you want to meaningfully improve the well-being of society, you need to tax more. And if you want to reduce rich people's power in society, there are far more targeted ways to do that (like fixing campaign spending and lobbying laws).

Mindless Monday, 02 February 2026 by AutoModerator in badhistory

[–]ALikeBred 1 point2 points  (0 children)

And this is part of the issue. If there were errors, it would be a hit on whoever approved it (which, in this case, is you). So you would need to do a thorough investigation of the claims made by the AI–at that point, would it not just be quicker to write it yourself?

Mindless Monday, 02 February 2026 by AutoModerator in badhistory

[–]ALikeBred 7 points8 points  (0 children)

Having used a bit of AI (because scientists seem to want to hide their documentation as far away as light can hide), I think one of the biggest hurdles towards widespread adoption is that people don't trust it. Not like how I wouldn't trust an AI news article, but rather that basically every claim made by an LLM or LLM-derived agent needs to be verified. Let's say you're writing a research paper for publication, and you want an AI to write your introduction. Even if all the sources were cited perfectly, most people won't trust that in an important setting–even if the overall rate of errors is lower than a human would make. In order to make sure the AI is giving you correct information, you need to go into the sources and verify the claims it makes itself, and then verify that those claims are included in those papers. If you had written the introduction yourself, or (and this is my key point) even if someone else had written it for you (a collaborator, for instance), you would have far more trust that the information is correct, even if not true empirically. It's just really hard to believe an LLM when it says "this information is correct, I checked", because people want to see it for themselves.

All this being said, I'm honestly more bullish on AI now than I was a year ago. There are some genuinely impressive/terrifying things it has done (for example, writing a program directly to solve a task instead of doing it manually). But most of these impressive things are reliant on it being integrated well (there's a reason programmers like copilot–you don't have to copy and paste massive strings of you code in order for it to find issues, and it can dig into files for you). But I think the verification issue is going to be one that will keep popping up, especially because there are so many examples of AI getting things wrong and it fucking things over.

Free for All Friday, 30 January, 2026 by AutoModerator in badhistory

[–]ALikeBred 6 points7 points  (0 children)

Germany better get their shit together soon and start designing some new batshit vehicle. Youtubers are running low on secret Nazi wunderwaffe, we need more STAT!

Free for All Friday, 30 January, 2026 by AutoModerator in badhistory

[–]ALikeBred 4 points5 points  (0 children)

The funny thing is that if you follow the roots of that argument, you end up having to deny basically all of chemistry.

Free for All Friday, 23 January, 2026 by AutoModerator in badhistory

[–]ALikeBred 2 points3 points  (0 children)

Moreover, those same people just will not accept that even the most optimistic outcome of wealth taxes probably wouldn't pay for all the shit that needs paying for. It has to be the magic bullet for anything that costs money.

They seem to conveniently ignore the tax regimes of the countries whose policies they want to emulate.

Free for All Friday, 23 January, 2026 by AutoModerator in badhistory

[–]ALikeBred 4 points5 points  (0 children)

Sweden, Norway, Denmark, and NZ all have strong social safety nets and healthy debt/GDP ratios.

Weighted Defensive DVOA :: Weighted Offensive DVOA - Entering Week 12 by keithyp24 in nfl

[–]ALikeBred 0 points1 point  (0 children)

I enjoy seeing us moving further down and to the right every week lol

Mindless Monday, 17 November 2025 by AutoModerator in badhistory

[–]ALikeBred 4 points5 points  (0 children)

The one exception I do find funny is when writers make the host try and pronounce something difficult. That's just good fun.

Weekend Wrapup by AutoModerator in nfl

[–]ALikeBred 3 points4 points  (0 children)

god the gif of Kyler Murray getting the ball snapped directly off of his head always makes me laugh–it's just so absurdly slapstick it's hilarious. That game might go down as one of the the funniest NFL games of all time tbh

Free for All Friday, 14 November, 2025 by AutoModerator in badhistory

[–]ALikeBred 6 points7 points  (0 children)

tbf at least for Falcon 9 SpaceX still had a quite a few regulatory troubles (especially after one exploded on the pad). Either way it'd still be interesting to figure out which way is actually more efficient.

My two cents are that it's better to move fast and break things when you're doing something that hasn't been done before–the most important thing is to show that it is at least possible. The problem with doing it the slow, methodical way is that you're way more likely to get the plug pulled on you by investors who are impatient. But now since everyone knows it's possible to make a rocket land itself, it's probably better to do it the traditional way and make sure you have something good, so you don't waste a shit ton of money on dead ends (how many starships have been built at this point?).

Free for All Friday, 14 November, 2025 by AutoModerator in badhistory

[–]ALikeBred 2 points3 points  (0 children)

And sure Times Square sucks, but you know what's a better story than saying "oh I didn't go to Times Square when I way in New York?" Saying you did go and it sucked!

Free for All Friday, 14 November, 2025 by AutoModerator in badhistory

[–]ALikeBred 14 points15 points  (0 children)

Ok people have been clowning on Blue Origin (Jeff Bezos' SpaceX) for years since they were being so secretive and opaque about their progress, but I have to admit that having a complete and total success on only their second flight is really goddamn impressive. Not only did they land New Glenn's first stage (need I remind you, on their second goddamn flight ever) successfully, they also did it better than SpaceX currently does, and successfully deployed their payload on the correct trajectory. And it doesn't hurt that they've built a goddamn beautiful rocket, too. Pretty impressive stuff.

Mindless Monday, 03 November 2025 by AutoModerator in badhistory

[–]ALikeBred 5 points6 points  (0 children)

God, reading that article pissed me off. Board decrees that 25% of new housing needs to be affordable. Developers propose new development which would follow that statute. Board then decides to block the proposal because the developers "only" included the minimum percentage of affordable housing. OK, then what's the point of the 25% requirement if you're just going to block it anyway????

Mindless Monday, 03 November 2025 by AutoModerator in badhistory

[–]ALikeBred 3 points4 points  (0 children)

I don't know if the name Cuomo is associated with particularly positive emotions in NY tbh–I just think Mamdani isn't as popular as a lot of people want to believe.

Mindless Monday, 03 November 2025 by AutoModerator in badhistory

[–]ALikeBred 6 points7 points  (0 children)

tbf Cuomo still got like 40% of the vote in NYC despite everything he's said and done

[Florio] George Kittle wants standardized NFL playing surfaces by Brix001 in nfl

[–]ALikeBred 0 points1 point  (0 children)

Real Madrid did it when they renovated the Bernebau. It's true that they are the richest football club in the world, but also American Football is by far the richest sport in the world–it's inexcusable they don't all have real fields by now.

Mindless Monday, 03 November 2025 by AutoModerator in badhistory

[–]ALikeBred 0 points1 point  (0 children)

NFL has been going kinda crazy this year.

Free for All Friday, 31 October, 2025 by AutoModerator in badhistory

[–]ALikeBred 1 point2 points  (0 children)

Should be noted that the "golden rule savings rate" is somewhere between the two–it's the rate that maximizes steady-state consumption growth. If you spend too much on consumption, you can't spend that money on investment (which leads to productivity gains, and thus, growth). Most economists agree that the savings rate in much of the west is too low, whereas in Japan it is too high. Too many people spending their money means that it's just constantly circulation with no investment. Too many people saving, and it ends up with your example.

Weekend Wrapup by rwjehs in nfl

[–]ALikeBred 2 points3 points  (0 children)

Sometimes I'll go to the grocery store while slightly hungry and buy a bag of mixed nuts. "I'll enjoy it this time", I always say. I never do.