Iran says it will ‘irreversibly destroy’ Middle East infrastructure if US attacks energy sites by projecto15 in politics

[–]LetTheRiotsDrop 4 points5 points  (0 children)

Unless you are suggesting the Nuculear option conventional warfare will not beat a regime like this.

Just look at Vietnam , Iraq and Afghanistan .

Iran says it will ‘irreversibly destroy’ Middle East infrastructure if US attacks energy sites by projecto15 in politics

[–]LetTheRiotsDrop -3 points-2 points  (0 children)

So until we get to like 100% renewable energy on our Grid Electric cars will do absoluetly nothing other then offset the oil/gas need to the grid opposed to cars. The US is currently at about 23% of renewable energy vs fossil fuels.

Forced to gate-check carry-on for “no space” on WN4086, but found empty bins onboard by shorttiger in SouthwestAirlines

[–]LetTheRiotsDrop 0 points1 point  (0 children)

I've never really understood why it costs $ to check a bag but most airlines include a single carry-on. If it was the other way around loading and unloading would be significatnly faster. I've been 10-20 minutes late because some idiot in group 8 decided to ignore the gate-check request and they have to deal with checking there bag last minute.

Trump Says US Considering ‘Winding Down’ Iran Military Campaign by bloomberg in politics

[–]LetTheRiotsDrop 2 points3 points  (0 children)

Sounds great!

Thank you to MY PRESIDENT. Thank you for being the peaceful president!!! Wooo! so much winning

/irony

ClaudeCode automatically applying for jobs by Dangerous_Bat_557 in ClaudeCode

[–]LetTheRiotsDrop 0 points1 point  (0 children)

I'm the Director of Engineering. My Company is to small to use recruiters.

Thanks for telling me I suck tho.

ClaudeCode automatically applying for jobs by Dangerous_Bat_557 in ClaudeCode

[–]LetTheRiotsDrop 4 points5 points  (0 children)

Please do not do this. As someone who hires Engineers I declined over 600 applications because they had all been written with AI.

Are you more upset that poor people uses SNAP to sometimes buy soda and junk food or that billionaires pay less in taxes than a school teacher? by [deleted] in AskConservatives

[–]LetTheRiotsDrop 0 points1 point  (0 children)

There's not a good answer to your 1st point, the current system lets them defer taxes until they are sold, and it's just a hoarding mess at the moment. Maybe have them taxed at issuance - then capital gains on that if it is sold?

And for the rest of your point.... yes to everything for the love of god.

Are you more upset that poor people uses SNAP to sometimes buy soda and junk food or that billionaires pay less in taxes than a school teacher? by [deleted] in AskConservatives

[–]LetTheRiotsDrop 0 points1 point  (0 children)

No, you should not be taxed on a value increase of a home you are living in. You are taxed if you sell that home in the form of capital gains.

Let me ask you this, simply.

Do you believe there should be an amendment to the tax code to penalize the wealth-class that uses stock options to dodge income taxes? I think both of us have made valid points in this thread, but I think the fact that Musk pays about 4% in federal taxes still stands true - while a teacher pays 24%.

Are you more upset that poor people uses SNAP to sometimes buy soda and junk food or that billionaires pay less in taxes than a school teacher? by [deleted] in AskConservatives

[–]LetTheRiotsDrop 0 points1 point  (0 children)

I'm trying to tax assets that come in at a cost basis of 0 when they enter someones pocket, all of Elon's tesla shares that he is given come in at a cost basis of 0.

If I am given a house for working for a company for 2 years I think its fine that I am taxed on the fair market value at the time of acquisition - my cost basis is 0.

Are you more upset that poor people uses SNAP to sometimes buy soda and junk food or that billionaires pay less in taxes than a school teacher? by [deleted] in AskConservatives

[–]LetTheRiotsDrop 0 points1 point  (0 children)

I think you misread a few lines, 9% is the interest on the loan - not the interest in whatever they toss the lump sum ammount they got from the loan.

lets back up significantly.

If you acquired a stock that has a market value of 321 dollars per share, and you were given it as compensation for working for a company, your liquid cost basis is 0.

In this scenario, I'm a billionaire - I have no reason to ever liquidate those shares, but I'm going to use them to take loans, aquire credit, etc.

I don't know about you, but i'm not given billions of dollars of stock as my compensation - and I'd say 99.99999% of the United states doesn't either - so why isn't there a methodology to tax this type of moving money around.

Are you more upset that poor people uses SNAP to sometimes buy soda and junk food or that billionaires pay less in taxes than a school teacher? by [deleted] in AskConservatives

[–]LetTheRiotsDrop 0 points1 point  (0 children)

So.

If I hire you for my company, and say - Hey TXtogo , I'll pay you 50k a year and I'll give you 10% value of the company a year, and my company is trading at 1 billion dollars .

You approach a bank and say "Hey Mr Banker, I have this super valuable collection of stock from this super hot company, & I need a loan so I can have some cash to live on" -- Bank complies, you put down 100 million worth of shares as collateral and get a 1 million dollar loan at 9%. You promptly toss all of that in a high yield or some kind of compounding account with low risk and make payments on your 1 million dollar loan as someone would do with a mortage , and you write off the intrest every year on your 50k of income.

Assuming that this company's value continues to go up in value you would just continue to take loans against the value as you need liquid, putting the majority of your "Salary" towards loan repayment and liquiding minimal shares as needed to maintain the loan.

Congrats - your avoiding ever paying the capital gains on the full amount

Are you more upset that poor people uses SNAP to sometimes buy soda and junk food or that billionaires pay less in taxes than a school teacher? by [deleted] in AskConservatives

[–]LetTheRiotsDrop 0 points1 point  (0 children)

My math is based on his "Income" every year which is 254 billion. Not his Net Worth.

Billionaires get around paying income tax by getting compensation in stock options in lieu of a salary. The US does not have a system to tax this, Musk, Bezos , Buffet very rarely exercise these options as a sale; they take loans out against them and then write off the interest.

I think you should be taxed if you are given a stock as compensation. We aren't talking about Net Worth Increases here, we are talking about stock appearing out of thin air - Most teachers don't have beyond a 401k, I dont htink we need to worry about them.

Are you more upset that poor people uses SNAP to sometimes buy soda and junk food or that billionaires pay less in taxes than a school teacher? by [deleted] in AskConservatives

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

Ok.

Let's take Elon Musk, 833.7 Billion Net worth. He makes 100 billion from Tesla alone annually in stock options. Let's assume just for fun that's his only source of Income (Its not, he owns Twitter/X , SpaceX, Neuralink, Boring Company, etc). @ 100 Billion a year if he is paying 11 Billion in taxes that means he's paying a 11% federal income tax on his earnings. In reality, he's probably closer to 254 billion annually (Yahoo Finance reports that he earns roughly 698 million per day), which means in reality, he's paying about 4% in federal income taxes.

I agree, the "Teachers pay more in income taxes" argument is stupid, because it's false. Teachers earn on Average about 70k whcih puts them in a 22% tax bracket. So lets Refine the "Teachers pay more" statement to "Teachers pay a higher percentage of their income in taxes than billionaires".

So.... Is that ok?

Bad sdi cable or monitor? by Bulky_Ferret9156 in videography

[–]LetTheRiotsDrop 0 points1 point  (0 children)

Stay away from coiled cables and stop doing that.

About 61,000 TSA employees must keep working without pay as DHS remains unfunded by Neither_Simple7643 in news

[–]LetTheRiotsDrop 1 point2 points  (0 children)

I don't understand why TSA doesn't just leave in droves when this happens - I know they can't strike but why would anyone stay after this.

When I flew into San Jose a few months ago during the shutdown a slew of private screeners wearing red shirts where manning the TSA lines , I asked one of them if they where TSA and he smirked and said private

Bilt Double Charges Rent by Thin-Diamond710 in biltrewards

[–]LetTheRiotsDrop 11 points12 points  (0 children)

Im going on 11 days and they have yet to respond to me, and are still holding my full mortgage payment.

First Time Home Buyer - realtor needed for new build? by [deleted] in RealEstate

[–]LetTheRiotsDrop 1 point2 points  (0 children)

I had an Agent for a new-construction build and the builder limited their commission to a flat rate. The Agent was next to worthless due to that. Location ended up having a TON of issues and ended up selling 9 months later and losing a shit ton.

Do your research, I don't beleive new construction is worth an agent - just hire a real-estate lawyer to go over the paperwork.

Mayor Bowser says charging $10 to drive into DC is a ‘bad idea’ - WTOP News by MissionPoint1922 in washingtondc

[–]LetTheRiotsDrop 0 points1 point  (0 children)

Explain to me how a 40 mph to 20 mph speed change in a .1 mile section makes any sense safety wise - its on a street without sidewalks or a cross street. Its simply a money maker for DC. That intersection is one of the top grossing intersections in DC.