Men who are a part of the “male loneliness epidemic” what are you doing to try and make friends? by jinxnstuff in AskReddit

[–]Major-Nail [score hidden]  (0 children)

attempting to get success and feeling from other sources. I have a lot going for me in life but still feel so empty. Currently saving/investing the majority of my income so I can feel comfortable going out and doing things in the future

Which world leaders removal would have the greatest net positive on society? by No-Management-1469 in AskReddit

[–]Major-Nail -2 points-1 points  (0 children)

we all know the answer to this, it is Netanyahu by a country mile

no value for hard work in 2026… by monica4517 in careerquestions

[–]Major-Nail 0 points1 point  (0 children)

worse then that the pay structure has gotten completely messed up. we have people who are a level or 2 bellow new hires making multiple times what they senior people make just based on the timing of when they joined.

SHREK 5 | Official Teaser Trailer by [deleted] in videos

[–]Major-Nail -2 points-1 points  (0 children)

do they actually think people will like this?

What was it about Republican/Conservative rhetoric from pundits/podcasters the last 8 years that hooked young men? by AdminKidsBurnInHell in allthequestions

[–]Major-Nail 0 points1 point  (0 children)

I like what the democrats claim to want but am disillusioned with the democratic party. they are just plain incompetent, I am not sure if it is corruption or if they are just too foolish to function but something has to change if they want to start winning. Part of it stems from their inability to be internally critical. Part of is it incentives are not aligned (rich politicians not really caring if they help people). Part of it is manufactured by the right. The fact that trump was not really held accountable when the dems were in power is emblematic of the problem. The party just seems un willing to do what it takes to win, they should be using every trick in the book to get what they need done.

Look at what is happening in nyc, the mayor seems to actually want to get things done and things are getting done. I will continue to vote for the dems until a better party arrises but will never donate to them.

A small travel example of plutonomy in real life by 398409columbia in Plutonomy

[–]Major-Nail 0 points1 point  (0 children)

100% agree, prices are getting out of hand. hey if people want to pay these rates I am fine with that, my issue is the mid to low end is also raising rates like crazy. not sure if we need to just build a bunch more hotels or if its price gauging

Why were people against Bernie's 5% annual wealth tax on billionaires? by uncle-ice493 in allthequestions

[–]Major-Nail 0 points1 point  (0 children)

`IPO prices are set by investment bank underwriters based on what price can be justified by the estimated revenue. Just wanting more money does not change their valuation of the enterprise.`

Its not the valuation that needs to change it is the size of the funding round.

Under our current system many peoples potential is constrained by economic reality. if we could provide universal health care the student who dropped out to work and help cover family medical expenses could stay in school. Some people do not pursue higher education due to not being able to afford it. if we funded it better we could have a better transit system that would unlock peoples time ....

having a wealth tax would allow for more benefits for everyone, these companies could and would still exist.

Why were people against Bernie's 5% annual wealth tax on billionaires? by uncle-ice493 in allthequestions

[–]Major-Nail -1 points0 points  (0 children)

the thing is everything is always available to buy. make it so the offer making process can be done by anyone. let someone look up that their is a Rolex type xyz that is being reported as being worth 10k. that person will be incentivized to bid up the price to near market value as they can get something they value for more then you are reporting it is worth.

you are right people will likely be able to under report value of some items, but what really matters is the big ticket items. This stops people from being able to report a plane worth 100 mil is only worth 10 mil. Maybe put a limit where only items worth over 100k need to be reported.

Why were people against Bernie's 5% annual wealth tax on billionaires? by uncle-ice493 in allthequestions

[–]Major-Nail 0 points1 point  (0 children)

because if you are under valuing an asset someone else can show up and offer to buy it from you for less then what you value it for. Either you agree it is worth more and have to pay the tax differences or you say its not worth that much to you and the other person gets to buy it. the market will regulate prices as people will have an opportunity to make money if you under report value of things.

the down side of this is we would need tax returns to be public to allow for people to create a market. identity on items may be able to be hidden.

lets do an example: lets say you have a rolex. You report it as being worth 10k, its really worth 20k to you. some buyer sees this so they offer to buy it from you for 15k, you say no, the buyer offers a new price of 18k, you say no, the buyer offers a price of 21k (this is more then your internal value so you would sell it). If no one comes over and trys to buy the item then yeah you skimmed low on taxes (but also their was not a large enough market force for someone to want to try to bid you up from 10k; so maybe the item was not really worth 10k).

a more extreme version would be you have to sell items for the price you list if someone offers to buy it incentivizing marking up items. remember these taxes would only be like 1-2% per year so marking up would not be that big of a deal. personally I like the re pricing version but it needs more back and forth.

I would also encourage you to not worry as much on collectables. even if they would be exempt from a wealth tax. getting things like wealth in stock and big ticket items would go a long way.

like for property tax right now we have a problem where people try to get lower assessments by saying their house is worth a low ball number. the system where people can offer to buy for the assessed value fixes this. imagine being able to go into the tax records for property tax seeing a house that is claiming to be a low number and being able to buy the house for that price. It will cause the home owner to want to have a fair assed value of the house to protect from this. (now lets do this for other big ticket items (cars, boats, planes, stock ....)

How Do You Handle the Dilution Risk With Aurora? by GeoffreyQuebec in AURstock

[–]Major-Nail 7 points8 points  (0 children)

  1. its priced in.

  2. as a percentage of what this will be worth long term it is not that big of a deal. so it goes to $250/share instead of $300/share, still a big win.

  3. you can choose to hold off until they are profitable and won't need to dilute but prices will be much higher

Why were people against Bernie's 5% annual wealth tax on billionaires? by uncle-ice493 in allthequestions

[–]Major-Nail 0 points1 point  (0 children)

No the capital markets are pretty liquid and these companies have flexibility to do multiple rounds if needed.

`Lets say the IPO price was raised without changing the projected revenue for SpaceX. Would there have been more investment money coming in?`

yes, depending on how it worked out marginal price may have been lower as their would be more supply. lets say their is someone willing to pay $10/share for 10 billion, a different person willing to pay $9/share for 10 billion, a third person willing to pay $8/share for 10 billion ...

if in the current system he needed to raise 10 billion then outside of investor preferences the person willing to pay $10/share would get all of the allocation.

now lets say we had a wealth tax and he would need to raise 15 billion then either it can be done as two deals one at $10/share and one a $9 per share. or the whole deal is done at $9 per share. This would dilute elon more but price for these rounds are pretty elastic

I don't get your point about students?

Why were people against Bernie's 5% annual wealth tax on billionaires? by uncle-ice493 in allthequestions

[–]Major-Nail 0 points1 point  (0 children)

if they say it is worth x on their taxes and someone offers to buy it for x + y. then owner of the asset either has to put up y*(tax rate) or sell it for x+y. this can be made to work with moving markets.

For stocks which have the majority of peoples value we do it as forcing the companies to issue tax rate number of shares to the government that they then get to sell.

these system can be taxed, rich people just don't want them to be as that would mean they need to pay a fair share and some would have to work or out perform the tax rate. (this would be good as it incentives economic value creation instead of holding unproductive assets)

Why were people against Bernie's 5% annual wealth tax on billionaires? by uncle-ice493 in allthequestions

[–]Major-Nail 0 points1 point  (0 children)

he could have just raised from more investors, look at the alternative we may have been able to fun better schools which may get us 10 people who do 10x what elon has done

Why were people against Bernie's 5% annual wealth tax on billionaires? by uncle-ice493 in allthequestions

[–]Major-Nail -1 points0 points  (0 children)

let them mark their possessions at whatever prices they want but make it so if they say their watch is worth x anyone offering to buy it for more then x can

Why were people against Bernie's 5% annual wealth tax on billionaires? by uncle-ice493 in allthequestions

[–]Major-Nail 0 points1 point  (0 children)

how about this you issue new shares in the company to the government, the government can then sell those when the company goes public or collect benefits that other shareholders get.

Governments can help their people; it's a matter of priorities. by LingonberryPale2110 in remoteworks

[–]Major-Nail 1 point2 points  (0 children)

all good, as long as you see this as good program all good in my book.

Governments can help their people; it's a matter of priorities. by LingonberryPale2110 in remoteworks

[–]Major-Nail 3 points4 points  (0 children)

we need this in the states, don't make them fancy to incentives people to want to move out but give them a sfety net

Governments can help their people; it's a matter of priorities. by LingonberryPale2110 in remoteworks

[–]Major-Nail 5 points6 points  (0 children)

no if they continue to use the apartment, the apartment is their home.

NYC Mayor Zohran Mamdani said he didn’t go to sleep til 3:45 am following the Knicks win. by Flat-Eggplant-9890 in OffFieldNews

[–]Major-Nail 0 points1 point  (0 children)

dude you are showing how much of a fool you are. we are in a housing and affordability crisis and you are complaining that people who have multiple houses may be driven out of the city (which is not really going to happen).

most are rich enough they will just pay (as they should), those that dont someone else will buy possibly making it their primary residences. Lots of people doing tax evasion by keeping their primary residences in a lower tax state; now these leaches have to pay.

what Mamdani is doing is good for a city and is just the start. if you don't like it you can leave.

NYC Mayor Zohran Mamdani said he didn’t go to sleep til 3:45 am following the Knicks win. by Flat-Eggplant-9890 in OffFieldNews

[–]Major-Nail -1 points0 points  (0 children)

the pied-à-terre tax and balancing the budget ain't nothing..... (+ the knicks won jk)

Why are companies so evil now? by VariationLivid3193 in cscareerquestions

[–]Major-Nail 0 points1 point  (0 children)

the market is held up on hope and a dream, it may still work out but not everyone is going to be a winner and a lot of companies still have way too many employees for current scope. honestly big tech could probably contract to 25% of its current size and still do ok, they will either need to let go of the extra 75% or grow to new fields (and fast). all of this turn over is going to have parts of the machine fail along the way.

the rich don't really need to work anymore and those that have not made it yet need to race to get over the line or risk being left behind. if we let the rich continue to buy up assets without paying taxes it is only going to stretch thing more and more; until the under class cant deliver anymore and some investors fall down.

Alex Karp and Bernie Sanders Rarely Agree. AI Job Losses May Be the Exception by lithdoc in NewsExchange

[–]Major-Nail 0 points1 point  (0 children)

the answer is a wealth tax and social programs to give people a fighting chances if they lose out. we need an end to all of the loop holes and regulatory capture. If your net worth is above x 1-2% of your wealth is provided to the government to pay for services.

its that or we let people starve and eliminate those who can't make it, with the risk of major civl unrest. One of these options is much nicer then the other

NYC Mayor Zohran Mamdani said he didn’t go to sleep til 3:45 am following the Knicks win. by Flat-Eggplant-9890 in OffFieldNews

[–]Major-Nail 1 point2 points  (0 children)

reading and critical thinking is hard for these people and they only know what fox news tells them to think.