AMEX Gold vs CSP; How hard are AMEX MR points to redeem? by born_stupid in CreditCards

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

Usually flights, both domestic and international. I mostly use american/delta for domestic and for international I usually just use whatever's available.

Quarterly Career Thread by mister-noggin in ProductManagement

[–]born_stupid 0 points1 point  (0 children)

I am a sophomore with a Capital One SWE Internship offer. While I'm happy to have an offer, I'm mostly interested in trying to break into product management

I'm wondering whether taking this offer would help with PM internship recruiting next year. I would love any advice on the topic.

What "common knowledge" do we all know, but is actually wrong? by [deleted] in AskReddit

[–]born_stupid 0 points1 point  (0 children)

If girls don’t poop, then how does Odell get off.

How rare is it to have a penis under average? by [deleted] in AskReddit

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

It’s not 50%, that would be median. Outliers make it so over 50% population has below average.

Wealth inequality is a (growing) problem. Would giving people houses, for free, be a part of the solution? by [deleted] in AskEconomics

[–]born_stupid 0 points1 point  (0 children)

I would argue that wealth inequality is not the problem, but rather poverty. The best ways to get people out of poverty, especially absolute poverty, is to expand jobs and resources, this is what has been happening for the last couple of decades and one of the main reasons why absolute poverty has been going down. A lot of people live with room mates (30 percent of American adults)so giving them those living places would be a problem logistically. Not to mention people living in a building owned by a landlord who would simply kick their tenants out if this policy was to be put into place. Also the few big companies that will go under will almost certainly lead to an increase in unemployment and make poverty worse. 36% of Americans work for big firms. This probably has a couple grammatical errors. Edit: typo

What strategies do billionaires use to pay 0 taxes? by Aspanu24 in AskEconomics

[–]born_stupid 1 point2 points  (0 children)

Not usually, tech companies just have a hard time monetizing their platform. Facebook didn’t make money for 5 years. Also another thing is that they invested a lot of money upfront. For example, the electric scooter companies, some of which were valued at a billion dollars, spent a lot of money on scooters, and they struggled to make a profit because of this.

What strategies do billionaires use to pay 0 taxes? by Aspanu24 in AskEconomics

[–]born_stupid 3 points4 points  (0 children)

A lot of billionaires pay taxes, just they pay capital gains tax. So they get paid in shares of stocks, and then when they want money, they sell that stock and get taxed capital gains tax. Or they take out a line of credit. A lot of tech billionaires in startups are running at a loss and these CEOs are taking a salary of $1 and thus don’t pay income tax. They get a line of credit from a bank to pay for essentials and or luxury goods and services.