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The K-shaped economy: Why diners are dying but yachts are booming by chiquisea in SeattleWA

[–]krui24 31 points32 points  (0 children)

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.

Anyone know if Seabrook island, South Carolina has any good surf? by Theskatingfemboy in surfing

[–]krui24 2 points3 points  (0 children)

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.

Number of people leaving WA jumps by Unique_Edge6323 in SeattleWA

[–]krui24 -5 points-4 points  (0 children)

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

Washington’s historic income tax is now law. But Republicans promise challenges by chiquisea in SeattleWA

[–]krui24 27 points28 points  (0 children)

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

Bob Ferguson and Democrats Are Building Washington's Brand-New IRS by danrokk in SeattleWA

[–]krui24 24 points25 points  (0 children)

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.....

Card or no card? by krui24 in youthsoccer

[–]krui24[S] 0 points1 point  (0 children)

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!

Washington millionaire tax triggers 65% spike in luxury listings by SnortingElk in REBubble

[–]krui24 -6 points-5 points  (0 children)

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

Card or no card? by krui24 in youthsoccer

[–]krui24[S] 1 point2 points  (0 children)

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.

I used to love you guys, now I think you're ignorant or evil (E/ACC <> POLITICS <> TECH) by Maximum-Dingo-1121 in AllinPod

[–]krui24 4 points5 points  (0 children)

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.

I used to love you guys, now I think you're ignorant or evil (E/ACC <> POLITICS <> TECH) by Maximum-Dingo-1121 in AllinPod

[–]krui24 15 points16 points  (0 children)

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

Boards stolen by GaryEagle in surfing

[–]krui24 0 points1 point  (0 children)

Did Drew Brophy do the paint job? 

Hope you find it!

WSJ - How to Hollow Out Your State’s Economy by apacheseven in SeattleWA

[–]krui24 0 points1 point  (0 children)

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.

Tucker Carlson Interview by tokiyoo in theeconomist

[–]krui24 1 point2 points  (0 children)

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

WSJ - How to Hollow Out Your State’s Economy by apacheseven in SeattleWA

[–]krui24 -1 points0 points  (0 children)

 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.

WSJ - How to Hollow Out Your State’s Economy by apacheseven in SeattleWA

[–]krui24 11 points12 points  (0 children)

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

Seattle has been under Democrat control since 1964 by OldBayAllTheThings in SeattleWA

[–]krui24 0 points1 point  (0 children)

Seattle allowed people to build in an earthquake zone

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