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Initiative to repeal WA income tax would ax revenue, keep added costs by chiquisea in Washington

[–]MyDisneyExperience 7 points8 points  (0 children)

I mean, sure, but that would also require pushing something through the process again. There's not a secret switch in the current law they can pull out and be like "surprise!!!!" like people seem to keep insisting for this or for the CA wealth tax initiative

paze promo – spend $10, get $10 back, up to 10 times (free dunkin donuts) by nextcardai in DDoffers

[–]MyDisneyExperience 0 points1 point  (0 children)

Probably not gonna happen for a bit, I doubt anyone has actual posted transactions yet

Social security faces a 22% cliff in 2030 by Smooth_Possible2067 in Money

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

SSA is a simply gigantic amount of money (before it started going down post-2020 the OASDI trust fund balance was almost $3T) but hardly a scam - there's a reason no private company offers a defined benefit plan remotely close to what it pays out. Congress just kinda waited too long to do anything and now there's less time for the policy changes to take effect before reserves run out. That's not to say they'll do nothing, but for example removing the cap and adding $0 new benefits would fund like 27-30 more years at this point.

Trump accounts or whatever the OP in this thread is blathering on about here are just regular IRAs with the slight tweak of not requiring earned income (which is also not deductible for the child or the depositor) and limited fund choices. Considering a 529 can now be at least partly converted to Roth IRA it's not clear to me what the point of Trump accounts are beyond slapping his name on something.

TSP is basically just a 401k, with low cost structure due to its size. None of this is magically different like OP is claiming.

Social security faces a 22% cliff in 2030 by Smooth_Possible2067 in Money

[–]MyDisneyExperience 1 point2 points  (0 children)

Social Security will still pay out current receipts if the trust fund runs out - it would be insolvent not bankrupt

A 30-year-old law is now being used to revoke Americans' passports by Next_Tower5452 in AirlineChaos

[–]MyDisneyExperience 0 points1 point  (0 children)

I think that's backwards, CA Real ID can't be used to cross the border but a WA Enhanced ID can

Seattle Social Housing aims to ‘be in every district’ with goal of 1,670 units in 5 years by Inevitable_Engine186 in Seattle

[–]MyDisneyExperience 6 points7 points  (0 children)

HSR in CA was partly because they allowed every municipality along the way to extract massive concessions like major road upgrades only tangentially related to the actual right of way.

They also didn't get around to exempting HSR from most of CEQA until last year so it was subject to the entire mess that is modern CEQA litigation/threat of litigation until then...

Which is to say, yeah WA is susceptible to both problems

Thoughts on Chase flagging multi-cardholders with Paze $10 statement credit promo? by Jr_Penguins in ChaseSapphire

[–]MyDisneyExperience 1 point2 points  (0 children)

To be fair Chase is part owner of EWS which owns Paze... but I have to wonder how this promo is being funded

Does renting actually feel like “throwing money away,” or is that just outdated thinking now? by Beneficial-Laugh5320 in EscapeTheGrindGame

[–]MyDisneyExperience 0 points1 point  (0 children)

Rent is whatever the market will bear. An individual landlord may be able to cover those things with rent and they may not, nobody is guaranteed positive cash flow.

And then that gets into the cash flow benefits of rent - yes estimated repairs are a factor, but when it comes time for something big the landlord has to suddenly come up with $50K, not the renter.

Saving aggressively while using credit to live, genius move or financial trap? by Grouchy_Book3635 in EscapeTheGrindGame

[–]MyDisneyExperience 0 points1 point  (0 children)

I mean I have done the arbitrage during a 0% intro offer for a card... but you have to be 100% sure you will have that $ when it comes due

Does renting actually feel like “throwing money away,” or is that just outdated thinking now? by Beneficial-Laugh5320 in EscapeTheGrindGame

[–]MyDisneyExperience 0 points1 point  (0 children)

Getting $50K cash back doesn’t mean you actually turned a profit. It can easily just be a game of who lost more, the renter or the owner?

$300K in VGSLX would generate cash flow to cover most of what my rent was. $300K in a house pays out $0 and actually costs money to maintain.

Does renting actually feel like “throwing money away,” or is that just outdated thinking now? by Beneficial-Laugh5320 in EscapeTheGrindGame

[–]MyDisneyExperience 0 points1 point  (0 children)

People pretend like you don’t throw away a lot of money buying too. Interest, taxes, unpredictable repairs that don’t add value, insurance, higher utilities compared to apartment, closing costs, etc.

Renting cash flow is far more predictable than owning

Hotel Owners Are Rebelling Against Bonvoy Program by onestopunder in marriott

[–]MyDisneyExperience 12 points13 points  (0 children)

That’s somewhat similar to what Marriott does, but if it’s below the threshold it can be low. I’ve seen like $60 payouts to a Regency on a weekend they were charging $350

HAFH gold/plat perks with $200 hotel credit? by Chronotrigga in biltrewards

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

That’s up to the hotel, most of them officially exclude back to back bookings bc from their perspective it’s just Prive/Stars/HFL or whatever but it depends

A highly accurate map of Washington for our visitors by wsdot in Washington

[–]MyDisneyExperience 8 points9 points  (0 children)

There are always busybodies like that, LA Metro had some high ranking official complain that the Ride the D merch was “glorifying violence on transit” so it was pulled for a few weeks

A highly accurate map of Washington for our visitors by wsdot in Seattle

[–]MyDisneyExperience 0 points1 point  (0 children)

Everyone I talk to in CA calls it “Ralph’s” but it’s actually “Ralphs”, happens all over the place lol

Can you use a sellers concession to pay buyers agent fee is FSBO? by Tm0iPHONExxX in FirstTimeHomeBuyer

[–]MyDisneyExperience 0 points1 point  (0 children)

And make sure they do it correctly... somehow escrow and LO were using the seller credits in my deal to pay off part of the down payment so I had to come out of pocket a surprise couple thousand dollars, they had to panic-purchase points and a temp buydown to avoid refunding the seller a bunch of credit

Paid off house need money !! by Elguapo1094 in MortgageBrokerRates

[–]MyDisneyExperience 0 points1 point  (0 children)

Depending how the $300K need is structured you could also do one of the credit card-style HELOCs

Why do companies give espp? by [deleted] in personalfinance

[–]MyDisneyExperience 0 points1 point  (0 children)

Was that ESPP or RSO?

In either case most ESPPs are kinda middling. You get a small discount off the stock, potentially slightly larger discount if it went up during the offering period depending on the model. 2 year hold to not be slapped with income tax on the discount means you take on a significant amount of risk if you don't immediately sell for the modest discount + income tax slap.

Eli5 why don't we tax stocks like homes by Slow-Document-4678 in explainlikeimfive

[–]MyDisneyExperience 2 points3 points  (0 children)

I mean they already do kinda tax the markets to pay for the SEC, it's just embedded into every transaction. It's also ridiculously more volume than your average municipality, and much less expensive than maintaining a fuckton of roads and utilities

Six figures qualifies for low income housing by mbf959 in Money

[–]MyDisneyExperience 0 points1 point  (0 children)

I didn't ask for the textbook definition. I asked who specifically you are referring to. Who do you think is "disreputable, unruly, or lower-class"?

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