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clickety_clack

1,926 karma · joined July 10, 2022

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clickety_clack··on Europe's Ultra-Rich Could Fund a Substantial Part of the EU's Budget
Exactly. I think income tax was 1% when they introduced it and it impacted the top 1% to 2% of earners. Now look how much they’re taking from the rest of us.
clickety_clack··on Europe's Ultra-Rich Could Fund a Substantial Part of the EU's Budget
No, I know exactly how the mechanism works. Right now if you get a dividend and reinvest in the stock, you pay income taxes, then you pay capital gains on the stock you buy with those dividends, albeit at a higher cost basis. Both buybacks and dividends are a means of transferring wealth to an investor, and buybacks are used because they are tax advantaged for investors, and investors like that.

It’s easier to “avoid” capital gains than it is to “avoid” income taxes by using things like trusts, borrowing against the stock, changing tax residency etc. Those loopholes should all be closed too, obviously, but a stock buyback is effectively a dividend under another name. It could be taxed that way if we wanted to do it. Then you’re taxing the wealth at source rather than trying to trace billionaires’ wealth around the world.

clickety_clack··on Europe's Ultra-Rich Could Fund a Substantial Part of the EU's Budget
I don’t agree with wealth taxes. The ultra wealthy will find the ways to avoid them and it will end up disproportionately landing on the middle class like everything else.

If it has to be done, it should be at the sources of the wealth so that they can’t be dodged. Things like property taxes, corporate taxes, taxation of stock buybacks (which is a way to pay dividends without paying income tax on them). The middle class will still be paying these, but at least the ultra wealthy will be contributing on their share of the wealth generation too.

clickety_clack··on Samsung reveals Galaxy Z Fold 8 that will compete with the iPhone Ultra
Once the novelty wears off, folding and unfolding gets kind of annoying.
clickety_clack··on We Tested Nonstick Cookware: Coatings Don't Need to Look Worn to Shed Particles
The thing about “ceramic” is that it’s not actually defined or regulated as a term so it could still be some kind of PTFE.
clickety_clack··on We Tested Nonstick Cookware: Coatings Don't Need to Look Worn to Shed Particles
I use all stainless steel now too. When I first got a stainless steel frying pan (a good thick one with some kind of impressive layering system that I’ve long forgotten about) I just assumed that things would stick to it, but I’ve never had any problems that didn’t come off with at most a basic sponge and moderate effort. Mostly food just rinses right off. I’ve had that pan for something like 15 years now. As far as I can tell, non-stick is just a ploy to get people to keep buying new pans as it wears off.
clickety_clack··on AI companies are shredding rare books
That’s digital though, so it requires the continued survival of readers for the data that is stored. The best thing you could for the long term is probably to buy a few hundred physical books to keep in a bookcase in your home.
clickety_clack··on Pizza, pasta, potatoes, protein – how Italian children became so overweight
Italy is also famous for deli meats. I’m going to hazard a guess that not every Italian is buying raw meat and then preparing traditional dishes from scratch with it using only the freshest of natural ingredients etc.
clickety_clack··on Pizza, pasta, potatoes, protein – how Italian children became so overweight
Yes, something tells me there’s a lot of deli and processed meats involved.
clickety_clack··on London Gatwick has launched a robotic airport parking service
Implementation is everything. If there’s enough capacity to drive up and drop your car off without queueing, and your car is ready to go as you leave the terminal then it sounds great. If there’s a half hour wait to get into the drop off zone, and another half hour wait after picking up your bags, and a half hour walk to the pickup/dropoff area then I’d prefer a 30 min shuttle.
clickety_clack··on Launch HN: Unlayer (YC W22) – Add email and document builders to your app
Ah, it’s real, battle tested software then. I’ll check it out!
clickety_clack··on Passkeys were invented by engineers with zero understanding of consumer brain
Notwithstanding the danger of having everything on a single platform, the Apple passkey works great. Sign into one and you’re signed in everywhere and you can share passwords with others.
clickety_clack··on Launch HN: Unlayer (YC W22) – Add email and document builders to your app
If this can fully replace something like postmark plus do documents it could be very interesting. I might try it out in a year or so if it’s still around.
clickety_clack··on An old patent inspired the new "Y-zipper", a three-sided fastener
Is PLA stiffer somehow in this state than it would be as a conventional beam?
clickety_clack··on An old patent inspired the new "Y-zipper", a three-sided fastener
Interesting, which material?
clickety_clack··on Map of the world's great castles and fortresses
In the intro paragraph of the linked Wikipedia page: “Use of the term has varied over time and, sometimes, has also been applied to structures such as hill forts”.
clickety_clack··on Map of the world's great castles and fortresses
This is off by many degrees of magnitude for Ireland at least: https://www.reddit.com/r/dataisbeautiful/comments/1nkvqd7/oc...
clickety_clack··on 5 Cups of coffee per day (up to 400 mg of caffeine/day) is safe for most adults
Nope, and this one isn’t going to change my behavior in the slightest. I’m pretty confident that an occasional late coffee isn’t going to kill me.
clickety_clack··on 5 Cups of coffee per day (up to 400 mg of caffeine/day) is safe for most adults
Purely for balance, based on the comments where people have issue with it: I don’t have any issues with coffee. I don’t get any headaches or intestinal pain, and I don’t get withdrawals when I go on holidays or anything. I can drink a cup at 9pm and sleep just fine. I just really like the taste and smell of it, and really like to drink it, and I think going to a cafe is a great excuse to get out of the house for a while to sit somewhere and read a book for an hour.

Based on the number of people I see around me whenever I go to a coffee shop, I think there’s many people like me. It’s nice to see yet another study that shows there’s no real health impact to it.

clickety_clack··on What's the deal with all the random weekly quota resets for agents lately?
If I had to guess uncharitably, I’d say they want you to feel like you keep getting something extra for “free” while you’re getting the same service you should have expected as normal 3 months ago.
clickety_clack··on LG monitors silently install software through Windows Update without consent
These days, even a window gets updates.
clickety_clack··on What AI did to stackoverflow in a graph
The site looks like it was actually dying since 2014 and AI just turned off the life support.

It was such a hostile environment. It always seemed like you basically had to already know the answer to ask a question.

clickety_clack··on Detecting LLM-Generated Texts with “Classical” Machine Learning
It looks like the text that this classifies might be Chinese, is that right? Do Chinese speakers have the same cultural aversion to AI-generated text? I’m wondering if there might be a different level of effort put into making text seem human-generated in English v. Chinese.
clickety_clack··on My car’s OTA update broke Android Auto
Sounds like someone isn’t doing their load-bearing smoke tests.
clickety_clack··on $100 AI Music Video: Claude Fable 5 vs. GPT-5.6 Sol
Spaghetti Will Smith was 3 years ago, so it’s taking a little longer than months.
clickety_clack··on SpaceX bond worth 10% less than issue price – heading for junk bond status
Well if the company is good, you can lose a lot of money taking short positions as a gamble.
clickety_clack··on SpaceX bond worth 10% less than issue price – heading for junk bond status
Yes, because the guy buying your bananas is able to make banana-buying decisions for next week based on the price you give him.

You’re not going to make up a silly low number because you actually have to buy the bananas yourself at some point, and you help price discovery because now that guy isn’t buying bananas at a higher price than someone is willing to sell them for.

clickety_clack··on The well-calibrated Bayesian [pdf] (1982)
Was Spock poorly calibrated?
clickety_clack··on SpaceX bond worth 10% less than issue price – heading for junk bond status
It makes borrowing money much more expensive going forward.
clickety_clack··on SpaceX bond worth 10% less than issue price – heading for junk bond status
The market “settling on a price” includes the actions of short sellers.
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