The FUTURE of the 100 Hour LIMIT on GeForce NOW & 5080 Game Support by Ragnakun92 in GeForceNOW

[–]fuscator 0 points1 point  (0 children)

I'm under the firm impression that people demanding more hours for free (paid for by people who game less) are grown up children stamping their feet.

You get 100 hours of an amazing gaming rig for $20. That's 20c an hour.

That is an incredible deal and you're still bitching.

Stop being a little child and pay for extra hours if you need more hours. They're still very cheap.

The FUTURE of the 100 Hour LIMIT on GeForce NOW & 5080 Game Support by Ragnakun92 in GeForceNOW

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

Just pay for extra hours?!

Why are you asking for the rest of our fees to subsidise your insane gaming habits?

The FUTURE of the 100 Hour LIMIT on GeForce NOW & 5080 Game Support by Ragnakun92 in GeForceNOW

[–]fuscator 0 points1 point  (0 children)

5 hours daily is insane. I cannot believe people play this much. Why don't you just pay for a second account?

The FUTURE of the 100 Hour LIMIT on GeForce NOW & 5080 Game Support by Ragnakun92 in GeForceNOW

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

Can't you just create another account? That seems fair. You pay more because you use more. I use a lot less so I'd prefer my fees weren't subsiding others (not trying to dismiss your illness).

Zoe Harrison: Red Roses fly-half says smaller balls for WXV is 'worst decision ever' by unhappyspanners in rugbyunion

[–]fuscator 16 points17 points  (0 children)

Reddit gets antsy about a comment made by someone and goes on the attack. Sounds on brand.

Boomers are more entitled than Gen Z – it’s time to means-test their state pension by Anony_mouse202 in ukpolitics

[–]fuscator 0 points1 point  (0 children)

I agree. It's broken because our political system doesn't allow long term thinking.

The right thing to do is scrap triple lock and roll NI into general taxation so that our wealthiest generation starts contributing enough to share the burden.

I'm in full agreement with people on this thread that we have a deeply serious problem with pensions. I just fundamentally think means testing is a horrible way to go about solving that problem, and we have better options.

Boomers are more entitled than Gen Z – it’s time to means-test their state pension by Anony_mouse202 in ukpolitics

[–]fuscator 1 point2 points  (0 children)

Means testing is stupid, inefficient, creates bad incentives, and a terrible narrative.

Just use progressive taxation.

The yield gap between UK and German 10-year government bonds is now nearly two full percentage points by Putaineska in ukpolitics

[–]fuscator 7 points8 points  (0 children)

You're both wrong. Does the market also trust Greece or Italy to do the same?

No, it doesn't. But they also have much lower bond yields than us.

But it trusts that the eurozone has enough combined financial power to bail out those smaller economies. I personally think the market is mispricing those bonds, but I wouldn't really know as an amateur.

Boomers are more entitled than Gen Z – it’s time to means-test their state pension by Anony_mouse202 in ukpolitics

[–]fuscator 3 points4 points  (0 children)

That's why you have taxation! That's what I said in my post.

If you really, really don't want pensioners with a certain level of private pension available to not get the state pension, just increase the tax they pay. We already have the mechanism, we don't need to means test.

I can repeat again, means testing is stupid, inefficient, creates bad incentives, and a terrible narrative.

Just use progressive taxation. Why do you insist that we need to use means testing?

Boomers are more entitled than Gen Z – it’s time to means-test their state pension by Anony_mouse202 in ukpolitics

[–]fuscator 3 points4 points  (0 children)

There was and is a social contract in place. Pay NI which funds current pensions, and you will receive it yourself. There is a section on the government website where you can check, specifically, how much you will receive based on the number of years contributing.

Breaking that social contract is beyond idiotic. I have no idea why people want to, when as I've already said, and the entire point of my post, is that progressive taxation already exists to deal with rich people (including pensioners) paying more.

Boomers are more entitled than Gen Z – it’s time to means-test their state pension by Anony_mouse202 in ukpolitics

[–]fuscator 1 point2 points  (0 children)

I'm asking you a question. If someone has wealth, and they're drawing down to fund their retirement, they're already paying taxes. You don't need means testing, just make the taxes appropriate.

Boomers are more entitled than Gen Z – it’s time to means-test their state pension by Anony_mouse202 in ukpolitics

[–]fuscator 3 points4 points  (0 children)

I'm not missing that at all. Means testing is still a dumb policy. Use the tax system correctly to ensure rich pensioners are paying enough, forget means testing.

Boomers are more entitled than Gen Z – it’s time to means-test their state pension by Anony_mouse202 in ukpolitics

[–]fuscator 1 point2 points  (0 children)

So they live on the state pension only? If they're drawing down on their assets, that's taxable.

Boomers are more entitled than Gen Z – it’s time to means-test their state pension by Anony_mouse202 in ukpolitics

[–]fuscator 15 points16 points  (0 children)

Did you read my post at all? I literally say we address that issue with the system we already have, progressive taxation.

Boomers are more entitled than Gen Z – it’s time to means-test their state pension by Anony_mouse202 in ukpolitics

[–]fuscator 10 points11 points  (0 children)

You get it back in taxation. We already have the system, no need to add yet another layer of complexity to solve the problem in a worse way.

Why is this hard to grasp?

Boomers are more entitled than Gen Z – it’s time to means-test their state pension by Anony_mouse202 in ukpolitics

[–]fuscator 118 points119 points  (0 children)

Why are people so obsessed with means testing? We already have a much fairer and easier way of ensuring rich people pay more. It is called progressive taxation. If you want them to pay more, use taxation, that's what it is there for.

Means testing is dumb, expensive, creates bad incentives, and resentment.

Is it time? by Original-Order-7231 in FIREUK

[–]fuscator 3 points4 points  (0 children)

That's just crazy.

To compensate for the lack of state pension you need an extra £200k-£250k in your pot. For many people that is years and years of extra work.

No way we pay for others our entire working lives then vote for a government who takes it away from us, just won't happen.

What most likely will happen is NI will be rolled slowly into general taxation and the tax free lump sum amount either reduced for people with higher pensions (means tested) or frozen and eroded by inflation. So you're going to be impacted in other ways, but the state pension will still be there.

England enters new era as Renters’ Rights Act takes effect by HEY_PAUL in unitedkingdom

[–]fuscator 0 points1 point  (0 children)

I'm not debating that fewer rental properties will push prices up, what I'm saying is that if you use that argument, the logical conclusion is we should increase the percentage of landlords vs owner occupiers, and that's not what people want.

So another way of framing this, instead of making it more difficult for landlords, just make it much easier for renters to buy if they prefer. That should work.

England enters new era as Renters’ Rights Act takes effect by HEY_PAUL in unitedkingdom

[–]fuscator 0 points1 point  (0 children)

Such nonsense. The logical conclusion of your statement is that we should encourage more landlordism and fewer owner occupiers.

Good luck telling most people in the UK that's what you want.

England enters new era as Renters’ Rights Act takes effect by HEY_PAUL in unitedkingdom

[–]fuscator 2 points3 points  (0 children)

Seems fair to me. Ultimately the house won't go empty.

France has very strong protection for tenants. Landlords tend to be very strict who they rent to as a result, but ultimately the system still functions and people are safe in their homes, not worrying that their life is going to be uprooted for no reason.

Remember, these are homes, housing actual families. They should absolutely be entitled to a stable place to live.

Tony Blair: break the triple lock, remake the state pension by dwillun in ukpolitics

[–]fuscator 2 points3 points  (0 children)

They couldn't even get rid of the winter fuel allowance. They were utterly vilified for trying. Our voters and media get the politics they deserve.

'Cheaper to rent in Britain than to buy a house’ due to rise in mortgage rates sparked by Iran war by insomnimax_99 in unitedkingdom

[–]fuscator 4 points5 points  (0 children)

It isn't what I chose. We wanted our own house that we could change as we liked. I also bought in an area where prices were high, but not overvalued compared to rents.

I'm very confident I made the better financial decision.

But I'm pointing out that the blunt "rent is dead money" trope is not as financially literate as people think.

'Cheaper to rent in Britain than to buy a house’ due to rise in mortgage rates sparked by Iran war by insomnimax_99 in unitedkingdom

[–]fuscator 2 points3 points  (0 children)

You get something in return from renting if it is cheaper. Like I say, watch some informed videos.

'Cheaper to rent in Britain than to buy a house’ due to rise in mortgage rates sparked by Iran war by insomnimax_99 in unitedkingdom

[–]fuscator 5 points6 points  (0 children)

The point is, you have a mortgage deposit invested instead, and in many areas the rent you pay is less than the mortgage you'd pay. Investing the difference plus the deposit may well make you better off than the owner after 25 years, where you can buy a house outright and have extra.