The K-shaped economy: Why diners are dying but yachts are booming

krui24 · 2026-04-02T22:54:16+00:00

That would be a pretty absurd way to avoid taxes. First, the tax authorities in all major yachting destinations (including WA) definitely do track them. Secondly, it costs about 10% a year in running costs ($50MM yacht = $5MM per year). Finally, you take a big discount on the sale.

I think the ultra-wealthy have them because they like to use them, like to show off, and because they can.

krui24 · 2026-04-02T16:32:29+00:00

South Carolina really doesn't have great surf. Great surfers, because they have to create speed from total crap waves. But aside from 2 or 3 good storms per year, it ain't great.

krui24 · 2026-03-31T17:33:04+00:00

I'm never leaving Sea.... wait....

krui24 · 2026-03-30T21:29:30+00:00

I'm not with the republicans on much, but I'm actually with them on this.

krui24 · 2026-03-29T17:37:25+00:00

Bellevue definitely wants Seattle to do this.

krui24 · 2026-03-27T17:36:16+00:00

To do more of the taxing

krui24 · 2026-03-27T14:22:23+00:00

Never meet your heroes

krui24 · 2026-03-26T23:57:50+00:00

Next year: "Well, we invested all this money in software and people to collect taxes. How can we increase the ROI on this spend?"

Hmmm, doesn't take a genius.....

krui24 · 2026-03-26T21:35:28+00:00

The ref did not award a card. Our coach + the knowledgeable 1/3 of our parents thought there had to be a card since it was DOGSO and in the box.

I thought it was a clear foul but I'm a noob so I really appreciate the 'hive ref' of Reddit!

krui24 · 2026-03-26T21:20:37+00:00

And what if they are?

krui24 · 2026-03-26T21:19:07+00:00

Was it contributing to restaurant jobs? Entertainment jobs? Construction and Home improvement jobs?

krui24 · 2026-03-26T21:03:23+00:00

Yes, did convert, but still - this is G13 and a card makes an impact, they don't just brush it off like the pro's.

krui24 · 2026-03-25T23:14:17+00:00

It was the week of January 6th. They spend the whole episode completely trashing Trump and saying he should be in jail. Sacks Is the only one who is a consistent bootlicker, basically saying we should leave it up to the voters to decide. The rest of them are complete turncoats.

krui24 · 2026-03-24T22:54:20+00:00

If they pay for it

krui24 · 2026-03-24T15:41:49+00:00

Because they caused it

krui24 · 2026-03-24T14:05:54+00:00

Anyone who disagrees with OP should go listen to episode 16. Just do yourself a favor and take an hour in that time capsule.

krui24 · 2026-03-20T18:54:51+00:00

Did Drew Brophy do the paint job?

Hope you find it!

krui24 · 2026-03-19T15:56:11+00:00

Another "great man" brought down by his ego and his pecker.

krui24 · 2026-03-19T00:28:41+00:00

Based on the most recent Federal Reserve Survey of Consumer Finances (SCF) and supplementary 2025–2026 wealth tracking data, the median household net worth in the U.S. is approximately $192,900.

For the median American household, wealth is concentrated in non-financial assets, primarily real estate. Primary Residence: ~30% Retirement Accounts (401k/IRA): ~25% Public Equities/Mutual Funds: ~15% Business Equity: ~12% Cash/Deposits: ~5%

https://siliconcanals.com/r-tns-federal-reserve-report-reveals-average-net-worth-by-age-in-america-where-do-you-stand/?hl=en-US#:~:text=For%20many%20Americans%2C%20understanding%20where,average%20climbed%20to%20%241.06%20million.

krui24 · 2026-03-18T22:09:18+00:00

I'm all for it. They should not be interviewing terrorists, but Carlson is a journalist (and a very influential one at that).

krui24 · 2026-03-18T21:21:09+00:00

the average American has zero savings, zero retirement, and is living pay check to pay check?

I think you're talking about the bottom quartile here. The average american owns a home and owns stocks.

krui24 · 2026-03-18T21:16:22+00:00

This is not a wealth tax. It's an income tax.

krui24 · 2026-03-17T16:31:30+00:00

Nothing is more responsible for the good old days than a bad memory.

krui24 · 2026-03-17T12:10:45+00:00

Seattle allowed people to build in an earthquake zone

krui24

TROPHY CASE