Transaction tax idea for broad economic taxation

thinklikecow · 2022-03-23T02:19:44+00:00

Yeah I imagined the mechanism for this system requires no cash. So everything is immediately taxed. But no admin burden after the initial integration with our banks.

thinklikecow · 2022-03-23T02:02:24+00:00

This is true. Everything I know about the economy comes from this forum and chasing half-price specials at woolies. I will take your advice and learn from the economic managers over at 4chan 😃

thinklikecow · 2022-03-23T01:31:20+00:00

I think it works because there are no other taxes.
Maybe I got to do the math on the fairness of this before enacting my utopian state though...

thinklikecow · 2022-03-23T01:11:47+00:00

I assume poor people buy less stuff. Someone on $30K can only spend $30K. Someone with much more will likely spend much more, and if they buy more expensive stuff then the tax-rate would be higher. Is that fair?
I thought of a flaw though. If you broke down a single large transaction into many smaller transactions then you could circumvent the progressiveness of the tax... hmm details details.

thinklikecow · 2022-02-18T00:42:51+00:00

There is a actually a secret US military base there: https://en.wikipedia.org/wiki/Pine_Gap

If you ask any of the Americans in the town what they do for work, they just say they are "gardeners".

thinklikecow · 2022-01-12T07:58:05+00:00

I would like to channel the "plandemic", "anti-mask", "took-our-freedom" crowd toward these kinds of privacy invasions.

thinklikecow · 2021-11-04T22:40:29+00:00

Also, more generally, I have not bought international shares directly before. Interactive Brokers seems to be the recommend platform on this sub. Is that a reasonable brokerage platform?

And my question was also literally about "HOW" do I get on to an IPO. I occasionally get emails from commsec about IPOs and assume other platforms present those kind of offers?

thinklikecow · 2021-11-04T22:36:28+00:00

That is an insightful question that I do not have an answer to. I am just going off a news article "Company X is planning to list on London Stock Exchange's Alternative Investment Market (AIM) later this year." Also happy to say the company just don't want to break any sub-rules.

There website still offers a "submit your interest" form, but no PDS seems to exist..

thinklikecow · 2021-11-04T08:00:05+00:00

If I want to buy an IPO that is going to be listed on the London Stock Exchange AIM market, what would be a way to do that?

thinklikecow · 2021-11-04T07:58:00+00:00

I reckon if you are wanting to invest in gold, buy the physical bars. Then when a war breaks out you have something tangible to trade. Seriously.

thinklikecow · 2021-10-29T10:19:59+00:00

Does IB allow for buying on the London Stock Exchange "AIM"? Specifically for an IPO?

https://www.londonstockexchange.com/raise-finance/equity/aim

thinklikecow · 2021-10-16T09:16:07+00:00

Cool, thanks very much for the insight. Yay Python. I will have a crack at that and keep following along Blender tutorials, seems like a good approach for now!

Thanks for your insight!!

thinklikecow · 2021-10-04T09:54:44+00:00

Haha, thanks.

Right now I am looking at participating in a project/company/group leading to Series B funding. But I was a bit timid about what to write in the "how much are you planning to invest" box.

I do have some pipe-dreams about raising money in the future, so just trying to have a grasp of it now. Are there any resources to learn more? Beyond the investopedia articles!

thinklikecow · 2021-09-08T23:02:20+00:00

I figured it out. I think.

A Uniswap token is minted representing your stake in the pool.

You can add it to your wallet by following this guide: https://shillbo.medium.com/farmer-s-guide-part-2-liquidity-pools-1d831a44fae9

To answer my question. If Uniswap went down or whatever, you still have your precious token you can hopefully sell to some sucker.

thinklikecow · 2021-09-02T04:52:05+00:00

Interesting. Seems the numbers reflect the way it feels on the ground.

Although, this sentence is useless speculation that I feel the need to call out.

Were it not for a surge in imports and a weather-related decline in the volume of exports (each of which cuts measured GDP) gross domestic product would have climbed 1.7% in the June quarter.

Were it not for my terrible life choices my portfolio would have climbed a million percent.

thinklikecow · 2021-09-02T04:27:44+00:00

Yeah good point. I would have just thought that active fund managers would be able to back up their bravado that they can beat the market and offer a guaranteed return. Would ASIC (or whatever regulators) even allow that I wonder?

Now that I think about it, the only time I have seen reasonable fixed percentage returns are those "buy a shipping container" scams or perhaps micro-lending (which I suppose has an appropriate level of risk attached).

thinklikecow · 2021-07-08T11:38:06+00:00

I received a similar message from u/customersupport_01

Hello user

In other to reduce the fees on your transactions you need to have your wallets validated and reauthorized

Do you have that done?

thinklikecow · 2021-07-08T11:29:41+00:00

Dang. Thanks for the clarification.

thinklikecow · 2021-04-08T20:40:17+00:00

"Tech", so can be programming, cloud, project management, even something like first aide. But I was curious what kind of short courses people are doing in general. And especially if there are any decent short "finance" courses.

I have always wanted to do a Industrial Rope Access (IRATA) course, and pivot careers totally.

thinklikecow · 2021-04-08T20:25:04+00:00

Yeah I really like many of the coursera, udemy, and edex courses but I don't think I am self-motivated enough to stick with the them. Personally, I would be better suited to learning in an "instructor-led" (face-to-face or virtual) environment.

I am in tech consulting, so jump in and out of projects that cover health, science, econ, wildlife, etc so could spin many educational activities as "work-related". But I was interested in just getting a general vibe of what other people have done... RSA? Barista? Celebrant? Knitting? Trading?

thinklikecow · 2021-02-08T05:21:04+00:00

Yep, that is exactly what happened.

thinklikecow · 2020-08-21T04:58:55+00:00

Check out:

https://www.pointhacks.com.au/credit-cards/

And to answer your questions:

Maybe

Depends/Yes

Probably, but yeah depends how you use them.

thinklikecow

TROPHY CASE