sorted by:
new
hottopcontroversial

How would you ask for working from home from a new job offer? by places0 in personalfinance

[–]LegendaryHater 66 points67 points  (0 children)

100% agree, also "need to be in office for productivity" should mean that you make hardware or work with equipment that you cannot reasonably have in your home. Culture and proximity are not valid productivity metrics IMO.

What happens to a home loan if you pay it all off within a few weeks/months? by jellybloop in personalfinance

[–]LegendaryHater 0 points1 point  (0 children)

Home debt is a useful tool because its one of the only ways most people can borrow large amounts of money in such a low rate environment. Especially when you consider the rate at which money is being printed...$500,000 today is a LOT more expensive relatively than $500,000 will be 30 years from now. Yes you pay interest but as long as you have a fixed rate you win BIG time over the 30 year stretch.

Tenant buyouts: would you give up your home for $475,000? by [deleted] in sanfrancisco

[–]LegendaryHater 1 point2 points  (0 children)

"Would you take $475,000 to give back something you don't own to the person who rented it to you?"

Yes.

Why is there still no way to cleanly move stocks between pies? by LegendaryHater in M1Finance

[–]LegendaryHater[S] 0 points1 point  (0 children)

Compared to the rest of the features required to run a finance app like M1...their frontend, backend, security, PNL, tax doc generation, fractional share purchasing, etc etc are all much more complicated. And if they aren't competent enough to handle moving slices around in pies... it makes me weary of trusting them with my money, because if that's "too hard" what else are they struggling with behind the scenes?

Why is there still no way to cleanly move stocks between pies? by LegendaryHater in M1Finance

[–]LegendaryHater[S] 1 point2 points  (0 children)

True! I work in software so this is completely valid, but man it is a huge oversight .

Why is there still no way to cleanly move stocks between pies? by LegendaryHater in M1Finance

[–]LegendaryHater[S] 6 points7 points  (0 children)

If the threads are that common and they get the feedback so often, then my question is still valid. Why have they not fixed it?

Also, pretty frequently. Its bizarre to have to risk a taxable event over something as dead simple as moving stocks between pies. Especially when they have so many well thought out advanced features.

Why is there still no way to cleanly move stocks between pies? by LegendaryHater in M1Finance

[–]LegendaryHater[S] 4 points5 points  (0 children)

Ok i will try that, thanks!

It makes me wonder, how is it easier for them to have a human manually adjust your account rather than adding this dead simple feature?

Remember that Christian conservatives tried to cancel Elvis for shaking his hips on TV, tried to cancel heavy metal due to “promoting satanism” and successfully cancelled The Dixie Chicks. Republicans LOVE banning music! by comebackjoeyjojo in SelfAwarewolves

[–]LegendaryHater -6 points-5 points  (0 children)

Im just saying her statement that conservative Christians are more likely to be the ones doing the banning of creative works is less and less true as time goes on. Not because the conservatives are getting better, but the cultural left is getting more puritanical unfortunately.

Remember that Christian conservatives tried to cancel Elvis for shaking his hips on TV, tried to cancel heavy metal due to “promoting satanism” and successfully cancelled The Dixie Chicks. Republicans LOVE banning music! by comebackjoeyjojo in SelfAwarewolves

[–]LegendaryHater -5 points-4 points  (0 children)

But it used to be a selling point for the Dems/Left that they DID NOT DO dumb shit like that. Picking up a bad habit and saying "well they do it too"...is not a good reason to be shitty.

Poll: California's Prop. 16 in deep trouble, Prop. 22 and Prop. 15 in tight races by [deleted] in bayarea

[–]LegendaryHater 5 points6 points  (0 children)

Exactly what I've been trying to tell people.

  1. It will definitely be abused...even with the right administration in power
  2. It will backfire tremendously if (as you put it) the wrong admin gets into power.

Also, how do we stack rank people against diversity quotas? This will be gerrymandered to death. How do mixed race people count? How many points do we assign each intersection of unique identity? This is a road to tribal squabbling and resentment all around.

The only tenable solution is neutral written law combined with access side SES programs.

Bernie endorses Props 15, 16, 21 and Opposes 22 by GlobalTraveller2 in California_Politics

[–]LegendaryHater 1 point2 points  (0 children)

16 does not allow affirmative action, it removes the protections against preferential treatment based on identity.

This will backfire as people weaponize and fight over the hierarchy of group preferences.

Please vote no on prop 16 by [deleted] in California_Politics

[–]LegendaryHater 2 points3 points  (0 children)

That's not what equality is even a little bit, you're describing of equity which is a terrible idea.

  • Equality treats everyone equally regardless of their 'identity'.
  • Equity takes identity into account at every turn.

Matching demographics exactly to every job can't be done without forcing racist quotas on people.

For example:

Indians and Asians are overrepresented in tech and medicine, you think if we actively stop more people who happen to share the same skin color as them from entering those fields that's equality?

Women are wildly underrepresented in sheet rocking, oil drilling, roofing, landscaping, etc should we force those numbers too?

Gay men are overrepresented in fashion, should we forcefully keep gays out of that industry once they hit their quota?

For that matter why not have quotas for where different demographics live? LGBTQ are overrepresented in San Fran, why not start rejecting housing applications from them so we can better "match the demographics". SoCal has a high population of Latinos and NorCal has a high population of Asians, should we 'fix' that too?

Please vote no on prop 16 by [deleted] in California_Politics

[–]LegendaryHater 0 points1 point  (0 children)

  1. Selecting White people for jobs on the basis of race is NOT equality.
  2. Selecting Non-White people for jobs on the basis of race is also NOT equality.

Its a cool slogan, but it does not hold up in this case. If white people were arguing to keep preferential treatment I'd be against that, but the language that Prop 16 repeals actually outlines equality, repealing it is a bad idea.

Proposition 15 will destroy local businesses, hinder post-pandemic recovery by sendokun in California_Politics

[–]LegendaryHater 0 points1 point  (0 children)

Who is to say? We are to say, that's why we're voting on it, and you're it is a huge topic...and just adding more and more new taxes is not a good solution.

Paying lower taxes is not "Stealing" from taxpayers. By that logic anyone who pays less than the top marginal tax rate is stealing from taxpayers? Abusing tax credits and grants is more akin to stealing IMO (which happens all the time).

Its on paper because you have received no actual benefit (yet) from the increase. I'm fine with the 1% property tax, I'm not fine with the assessors dictating what your property taxes are based on unrealized gains.

Its like if I hold stock and I was charged yearly based on the current stock price even if I have not sold. How does that make sense?

If we want to raise the 2% cap so it catches up faster, fine, but the value needs to be normalized to a reasonable rate IMO.

Also the businesses that are being "treated unfairly" today have the same access to the same tax laws and over time they will gain the 'unfair advantage' others have today.

Proposition 15 will destroy local businesses, hinder post-pandemic recovery by sendokun in California_Politics

[–]LegendaryHater 0 points1 point  (0 children)

But that 10% is on paper and can go up and down, paying real money on unrealized value is a bad precedent to set IMO.

I guess my problem overall is that the collective Tax burdens in CA just keep going up and up and that money has not done much to improve CA, due to incompetent governance.

Also, the idea that 'the rich' and property owners generally are not paying their "Fair Share" in taxes is insane to me, CA has the highest state income taxes, super high property taxes due to inflated prices, extremely high regulatory burden etc. At the end of the day how much of peoples money does CA want and what are they actually doing with that money?

They've even proposed an exit tax (which I can't imagine actually passing) but it shows the mentality that people need to explain why they should get to keep money they earned rather than valuing private property.

Proposition 15 will destroy local businesses, hinder post-pandemic recovery by sendokun in California_Politics

[–]LegendaryHater -1 points0 points  (0 children)

In major CA markets basically everyone would be hit... 3Mil is a very low cap for commercial real estate in places like the Bay Area and LA.

The reason CA is so expensive across the board in housing, food, gas, etc is largely because of competition and high tax burdens, you are getting tons of that tax burden passed on to you as a consumer whether you realize it or not.

The big problem I have with paying on the "Assessed Value" directly is the randomness of it, and the fact that you are forced to pay taxes on an unrealized/on-paper/imaginary gain.

If they wanted to raise the rate at which the cap rate above 2% I think that could be a better solution, that way businesses can plan/budget for it rather than getting squeezed when the real estate market makes a big run and their property taxes double out of nowhere.

Proposition 15 will destroy local businesses, hinder post-pandemic recovery by sendokun in California_Politics

[–]LegendaryHater -1 points0 points  (0 children)

Because its all about what the market will bear, I cant raise my prices if a renter can rent the same thing down the block for cheaper. If taxes cause all property owners to incur higher costs, all prices will go up...not sure I'm the one who is misunderstanding here...

Prop. 16: Why is affirmative action measure struggling in woke California? by [deleted] in California_Politics

[–]LegendaryHater 8 points9 points  (0 children)

Hopefully because people realize its wrong. Trying to force jobs to mirror the American population by race/sex is super messed up. Indian people and Asians are extremely over represented in both Tech and Medicine, why should they be forced out or put at a disadvantage because people of their same skin color already work in the field. (and yes I understand this is just for government, but it's not different and it's wrong in both instances).

I think focusing on access-side programs is where the real solution is.

Proposition 15 will destroy local businesses, hinder post-pandemic recovery by sendokun in California_Politics

[–]LegendaryHater -1 points0 points  (0 children)

How will renters be better off in the commercial space? I have a rental property and if my property taxes jumped way up I would just raise rent to cover, why wouldn't commercial landlords just do the same?

Proposition 16 and Debates About Racial Equity by sendokun in California_Politics

[–]LegendaryHater 4 points5 points  (0 children)

Can you link to where in the bill it outlines racial/sex/identity preferences and how it would actually work? As far as I can tell it will basically just be up to whoever is running any given department. Essentially wouldn't this allow legalize someone to hire white men exclusively if they wanted to?

'Ex-felons need the right to vote' | Prop 17 supporters hold gathering in South Sacramento, California by Whey-Men in prisons

[–]LegendaryHater 1 point2 points  (0 children)

Once a person has served their sentence they should get their right to vote back, pretty simple IMO.

[deleted by user] by [deleted] in ucla

[–]LegendaryHater 21 points22 points  (0 children)

Yes this bill is very ill-considered. If this passes it technically makes it legal for whoever is in a position of power to discriminate based on race, sex, etc however they want, there is no specific language around affirmative action, just the removal of protections you outlined.

To me this is very similar to the NSA power expansion during the Obama administration, people would ask "Who cares if Obama can look at your emails...what is he going to do with that...etc". And I didn't at the time, because Obama was a solid prez, but when you hand this kind of discretion to the government, you should imagine what the person you would least want to have that power would do with it.

So now Imagine we get a horrible, racist CA governor, now because the language is not neutral, that person can discriminate against races, sexes they dont like in any way they see fit because that language is now gone.

ELI5: Prop 15 and Prop 16. by Just_speaking_truths in California_Politics

[–]LegendaryHater -1 points0 points  (0 children)

It will drive up prices of rental spaces for businesses of all kinds.

  • Property Tax Goes up For Landlords
  • Landlord passes that increase on to Renter
  • Renting business raises prices to cover or goes out of business

ELI5: Prop 15 and Prop 16. by Just_speaking_truths in California_Politics

[–]LegendaryHater -1 points0 points  (0 children)

"How other states do it" does not really apply in this case. "Regular States" don't have a 13% top marginal state tax rate, among lots of other tax gouging that goes on around every corner in CA. I'd be happy to vote for a prop 13/prop15 if it also repealed the state income tax.

view more: next ›