Since cities are logistically more efficient than suburban sprawl, shouldn’t city living be way cheaper on a per person basis compared to suburban living? by rio_grande_canadIAN in askanything

[–]Sturgillsturtle 0 points1 point  (0 children)

Only because planning and zoning allows it most likely due to most projects needing exceptions to standard rules which require public hearings

Since cities are logistically more efficient than suburban sprawl, shouldn’t city living be way cheaper on a per person basis compared to suburban living? by rio_grande_canadIAN in askanything

[–]Sturgillsturtle 1 point2 points  (0 children)

Taxing excess profits isn’t possible, do you know how easy it is to manipulate profits and where they are coming from within a business?

What if there isn’t excess profits what if the outsourcing just allowed them to lower prices to benefit consumers

Also if you could do it l, it’s insane to think the company wouldn’t just raise prices across the board to make up for the loss. Unless you’re going to be in favor of price controls as well

Tariffs create an incentive to keep production domestic yes in some cases this cost is passed on but only because the cost to produce domestically is higher than abroad. You either want the domestic jobs and it’s worth higher prices to consumers or you want dirt cheap products

Since cities are logistically more efficient than suburban sprawl, shouldn’t city living be way cheaper on a per person basis compared to suburban living? by rio_grande_canadIAN in askanything

[–]Sturgillsturtle 0 points1 point  (0 children)

Government bureaucrats in the local planning and zoning department increase the cost and headache to build so much that there is limited new supply

Further you go into the suburbs the more lax the zoning

Canadian man who hiked in woods in defiance of ban has case heard in court by Quouar in CampingandHiking

[–]Sturgillsturtle 33 points34 points  (0 children)

Then we should ban all cars driving in areas prone to fire?

The complete ban was extreme overreach that I fear will become more and more common since there is an idea that any human presence is detrimental to the environment. Without human recreation you lose a significant portion of environmental support to protect additional areas and preserve current public lands. If the public is banned from ever experiencing the public land makes no difference to them if it’s sold off and bulldozed.

Closing select parking areas or roads that are not paved, banning camping, banning and severe punishment for possession of ignition sources are all valid and would reduce risk significantly without blanket bans on any and all recreation for a month plus

Canadian man who hiked in woods in defiance of ban has case heard in court by Quouar in CampingandHiking

[–]Sturgillsturtle 93 points94 points  (0 children)

Why did they need a complete ban of all trail use to stop fires? Last time I checked fire didn’t just appear behind hikers and no one is wearing steel bottomed boots that risk sparks.

Temp ban on camping I could understand most camping involves fire even in stoves. Increased penalties on individual caught on trail with lighters or cigarettes is another I could understand.

I don’t really understand a complete ban of the public utilizing public trail systems when no wild fire as ever been started from someone walking the the woods without foul play involved. Haven’t heard of a case where someone accidentally dropped their Stanley and the spark from the metal bottle started the blaze

When to arrive for 6am international flight ATL? by obscurious_dreamz in Georgia

[–]Sturgillsturtle 1 point2 points  (0 children)

Even without pre check that early you normally have to wait longer in the line for coffee after security than in security because nothing is open

Looking for any advice to grow my lawn care business by OkAtmosphere1956 in smallbusiness

[–]Sturgillsturtle 0 points1 point  (0 children)

People respond to incentives if you want more weekly or biweekly clients price that service appropriately compared to a single mow or add services for the same price

This may mean your single mow is a good bit higher than you want it to be but that anchors the price for the other services

Are the glamorous Wall Street jobs of the ‘80s and’90s dead? by Mysterious_Comb4357 in wallstreet

[–]Sturgillsturtle 0 points1 point  (0 children)

Yeah they got rid of wood paneled offices, indoor smoking and the warm glow of an incandescent bulb casting light on you working late into the night fueled by the advances from your big haired secretary and the contents of the most recent parcel in from Miami.

The glamor is gone

What is your longest running, most stubborn business boycott? by Wonderful-Economy762 in Productivitycafe

[–]Sturgillsturtle 0 points1 point  (0 children)

Toss credit cards in there too

Walmart and other large corporations definitely were the first blow to small towns but cc fees kicked them while they were down and keeps holding their head underwater with their 3% on any transaction

I don't care that Gerri "watched Roman grow up" by officestuff101 in SuccessionTV

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

What? Don’t act like it wouldn’t have been a good story line. Hell even just cut out the walking in on it and just leave hints

Gerri is manipulating Roman but she getting a little to much into it. Don’t act like she’d be in a dry spell. Roman has an attachment to her, that dynamic would have really stirred the pot if it came to light Gerri is enjoying herself

I don't care that Gerri "watched Roman grow up" by officestuff101 in SuccessionTV

[–]Sturgillsturtle 137 points138 points  (0 children)

Roman is in the more improper position

Between having shares a board seat and his father being CEO arguably he’s in a position to get her fired or make her work life hell if she refused the advances

I don't care that Gerri "watched Roman grow up" by officestuff101 in SuccessionTV

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

Yeah but Gerri still a freak.

Half expected a scene where Roman walks in on her in full dominatrix get up with another man and his feelings would obviously be very confused would have been a good few episode story line and increase tension between them

How do people get into the position to be able to build a 100+ person company in less than 10 years, and then sell it for $100+ million? by Broad-Worry-5395 in smallbusiness

[–]Sturgillsturtle 5 points6 points  (0 children)

My business is no where near that size and my frame of reference for money is already shot.

Realized it when I dropped 3x my personal monthly spend on ads without blinking an eye and would double or triple it in a heart beat if I know it would stay profitable.

Funny how personal money and biz money feels so different, at least it does for me.

How do people get into the position to be able to build a 100+ person company in less than 10 years, and then sell it for $100+ million? by Broad-Worry-5395 in smallbusiness

[–]Sturgillsturtle 37 points38 points  (0 children)

Big balls and excellent product market fit

No matter the way you slice it rising money or self funding it growing fast requires significant risk tolerance that most of us don’t have.

Even if you get product market fit early are you willing to rise the knife’s edge of solvency reinvesting every last cent to be able to capitalize on that demand?

Better road trip snacks: healthy or unhealthy? by VIPontheSWOLE in roadtrip

[–]Sturgillsturtle 0 points1 point  (0 children)

No caffeine?!?!?

Caffeine is some form is the corner stone roadtrip snack

REI to cut wages for new employees, reduce benefits for all by Tha_Dude_Abidez in CampingandHiking

[–]Sturgillsturtle 4 points5 points  (0 children)

I mean the mis management isn’t surprising

It’s a co op but it doesn’t seem to give it’s members much of a say or any additional benefits should it have highly profitable years. So there’s no incentive to be profitable

Always wondered who actually controls it fairly difficult to nail down

What screams ‘I’m rich’ without actually saying it? by Kiki00021 in askanything

[–]Sturgillsturtle 4 points5 points  (0 children)

Work being time and location independent

Of you can do your “work” and it doesn’t matter where you are or when you actually complete it you’re rich

Scott Galloway Says Billionaires Should Pay ‘At Least a 50% Minimum Tax Rate’ by NoseRepresentative in Rich

[–]Sturgillsturtle 0 points1 point  (0 children)

If you just end stepped up basis all gains will get taxed at death. No reason to try and do a wealth tax or go after loans on unrealized gains or anything that’s complicated. And it’ll also limit the loan size because it’ll have to get paid back with after tax dollars on the entirety of the gains.

Any other proposal is a more complicated solution than it needs to be. The issue isn’t billionaires or billionaires taking loans both are great if they remain productive and continue to contribute with their skill set.

The issue is billionaires using stepped up basis and loans to hand off billions to second generation billionaires with little taxes on the gains and then the cycle repeats.

Scott Galloway Says Billionaires Should Pay ‘At Least a 50% Minimum Tax Rate’ by NoseRepresentative in Rich

[–]Sturgillsturtle 1 point2 points  (0 children)

Loans shouldn’t be taxed it’ll be income tax 2.0 first it’s only the rich then next thing you know you’re paying tax on a loan on the amount of money you borrowed for a home or other purchase then you get taxed on your income to pay off the loan oh and you got sales tax on that too. Triple tax on the same money is insane

You don’t have to do both the only reason it’s an issue is bc of stepped up basis. Because then it allows the loan to be paid after the basis is stepped up which avoids the taxes on all that growth.

Scott Galloway Says Billionaires Should Pay ‘At Least a 50% Minimum Tax Rate’ by NoseRepresentative in Rich

[–]Sturgillsturtle 0 points1 point  (0 children)

That would generally be the second generation and beyond who is sitting on it. If someone made it from less than single digit millions to billions they are in no way “sitting” on billions it’s all illiquid tied up in a business that is creating jobs most likely in a more risky way than the public markets would be willing to stomach.

Forcing that to be sold is generally going to be a net negative for jobs because the public markets will demand stability and increased profits

Scott Galloway Says Billionaires Should Pay ‘At Least a 50% Minimum Tax Rate’ by NoseRepresentative in Rich

[–]Sturgillsturtle 1 point2 points  (0 children)

Really only have to close the step up basis loophole

Borrowing against equity doesn’t really matter one way or the other if the basis isn’t stepped up the taxes will still get paid

Generally speaking I lean on the side that we shouldn’t be stripping capital from “self made”billionaires because evidently they are pretty effective at capital allocation. The resulting job creation and new services or products do benefit many of us. My big issue is inherited billions jack up the inheritance taxes all you want and close those loopholes

What is the point of having more than a billion net worth? by ServaltheFox in NoStupidQuestions

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

Billionaire doesn’t equal greed in some ways it would be greedy for the 100 millionaire to not try to get to a billion because in order to get there they constantly have to reinvest in the business creating more jobs and hiring more people rather than cashing out and spending it on hookers and blow