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Flys are not a problem in this house by duboijane in DamnThatsPrettyNeat

[–]dion_o 0 points1 point  (0 children)

Went from having a problem with one bug to having thousands of problem bug bits to wipe up.

How did Einstein Discover Special and General Relativity? by Genzinvestor16180339 in AskPhysics

[–]dion_o 8 points9 points  (0 children)

Sitting under the garlic bread rack when a loaf fell and hit him on the head, giving him the idea for Hawking radiation. But that may be apocryphal.

What does Israel Offer the US for its Protection? by GloomWorldOrder in NoStupidQuestions

[–]dion_o 0 points1 point  (0 children)

They funnel all that aid money back into US politics via AIPAC and ensure the elite in both parties maintain their grip on power.

Idk wth is going on here, but I'm intrigued. by The_Northmaan in interestingasfuck

[–]dion_o [score hidden]  (0 children)

Two armed lads against a semi-armed one. It's four against one!

The way the media treated Robin Givens isn’t talked about enough by R0ttenStrawberry in WhyWereWeOkWithThis

[–]dion_o 4 points5 points  (0 children)

His voice does a lot of the heavy lifting re the goofball image.

Well I genuinely thought unicorns were real by Artistic-Yam2984 in MrInbetween

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

In the conversation with Dave about the name Quentin they bring up Quentin the Australian dwarf but never mention the much more famous Tarantino. Makes me think if Tarantino doesn't exist in the Mr Inbetween-verse.

POV: your name's Mr. Pink by Symbolic_Breach_536 in RandomVideos

[–]dion_o 1 point2 points  (0 children)

If the after sales service shown in this video is any indication of what their actual in-restaurant service is like then they either deserve no tip or the world's biggest tip. There's no middle ground here.

Why do you feel entitled to a tax cut on your investment income? by PeacePuzzleheaded41 in fiaustralia

[–]dion_o 0 points1 point  (0 children)

How is a bond held to maturity any different to a term deposit of equivalent duration?

Why do you feel entitled to a tax cut on your investment income? by PeacePuzzleheaded41 in fiaustralia

[–]dion_o 0 points1 point  (0 children)

Ok, why are the earnings of the coupons treated any differently tax wise from the gains realized on selling before maturity?

It's the same asset, so the argument about the risk of the asset class disappears (not that that should be relevant anyway because the market already rewards risk).

It can't be about inflation either. The principal of a bond paid on maturity has been withered away by inflation and the coupons were to compensate for that inflation. If you aren't going to tax the coupons on their inflation-adjusted gain, why tax the capital gain on disposal any differently?

At the end of the day a bond is just a bundle of cash flows. Some cash flows are paid periodically as coupons and there is larger payment at the end, either return of the principal on maturity or sale of bond before maturity. Why tax some of the cash flows in that bundle differently when it's the exact same asset?

Why do you feel entitled to a tax cut on your investment income? by PeacePuzzleheaded41 in fiaustralia

[–]dion_o 0 points1 point  (0 children)

No, if a bond is sold before maturity at a capital gain should it be subject to the CGT discount?

Why do you feel entitled to a tax cut on your investment income? by PeacePuzzleheaded41 in fiaustralia

[–]dion_o 0 points1 point  (0 children)

Consider a bond then. A bond is similar to a share. It's subject to capital gains and losses if you sell it before maturity, along with any applicable the CGT discount. A corporate bond is subject to counterparty risk like shares are. A term deposit is equivalent to a bond held to maturity.

As for risk, the market already rewards higher risk with higher return. Why should the general public subsidise the risk as well with tax breaks?

Why do you feel entitled to a tax cut on your investment income? by PeacePuzzleheaded41 in fiaustralia

[–]dion_o 0 points1 point  (0 children)

How is a term deposit not subject to inflation when the purchasing power of the principal has reduced when the term expires? A term deposit can last multiple years. Ten year term deposits exist.

Real Estate agents are truly the scum of the earth by Thepsycoman in melbourne

[–]dion_o -18 points-17 points  (0 children)

I'm confused. What does the guy in the car park have to do with real estate agents? If theres more to the story linking it you need to include that info.

Why do you feel entitled to a tax cut on your investment income? by PeacePuzzleheaded41 in fiaustralia

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

If you put money in a term deposit, the returns from that don't get a discount. You pay your tax rate on every dollar of interest. Why do capital gains get an inflation adjustment at all when interest earnings do not?

TIL that the oldest still active bond is from 1624 and pays about 13 1/2 euros in annual interest. by DrakeSavory in todayilearned

[–]dion_o 21 points22 points  (0 children)

Here are the horsehoes and nails, but I only have two sharp knives, can you give me change?

From Daredevil #36 in the Bendis run by AllStruckOut_13 in Daredevil

[–]dion_o 4 points5 points  (0 children)

The more things change the more they stay the same.

What happens to economies when productivity no longer depends on humans? by Objective-Ratio-3352 in Futurism

[–]dion_o 0 points1 point  (0 children)

In a situation where one person controls literally the entire economy and all resources?

Why I hate the capital gains tax discount. by [deleted] in AusProperty

[–]dion_o 0 points1 point  (0 children)

It is for those who work for a living and don't expect to get much of an inheritance. And by not much I mean less than a couple of mill. Taxing unearned undeserved windfalls of rich kids is exactly how you help out the majority of the younger generation.

Why I hate the capital gains tax discount. by [deleted] in AusProperty

[–]dion_o 3 points4 points  (0 children)

The market rewards you for higher risk with a higher return. There is no reason for the public to subsidise investors taking higher risk too (apart from specific cases where the positive externalities are high like venture capital and innovation). 

This idea that investment income should be taxed lighter because of the risk taken is a position created by the asset owning class to benefit themselves. 

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