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pm24601

1,813 karma · joined January 28, 2012

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pm24601··on Companies controlled by PE firms use bankruptcy to shed pension obligations
As a natural person, our interest payments are NOT tax deductible.

Corporations get to deduct interest costs from their taxes. So PE firms are incentivized to load up the firms they attack with debt.

Additionally, PE firms are allowed to use a firm's own money as collateral for the loan used to take over the firm. This includes the pension funds.

So any public firm responsibly run is subject to attack. Its almost irresponsible for a firm to fund the pension fund as it will be used against the firm.

The solution:

1. Require that any loan be based on the assets currently controlled by the PE firm.

2. Eliminate tax deduction for debts that are not directly tied to capital purchases.

pm24601··on “Starting Dec 17, adult content will not be allowed on Tumblr.”
Surprise, surprise.

The shittiest "tech" job has to be reviewing flag content looking for child porn, snuff, etc.

Sounds like tumblr/oath/verizon just decided that it was easier to not have to pick and choose which porn was o.k.

Section 230 (https://en.wikipedia.org/wiki/Section_230_of_the_Communicati...) was recently neutered by https://en.wikipedia.org/wiki/Stop_Enabling_Sex_Traffickers_...

So once again no really a surprise that tumblr is saying goodbye.

pm24601··on Why you're having trouble hiring
I am so torn on this. I agree about the network. At the same time, I know how lucky I am when it comes to living arrangements.

I have a hard time recommending that someone who is trying to have a family live here. If they are single, and willing to have roommates - sure.

I am hoping that the California High-Speed Rail project opens up housing arrangements that change the equation.

A 2.4 hour round trip commute to Fresno doesn't sound bad if it is on a train. (https://www.hsr.ca.gov/Newsroom/Multimedia/maps.html)

What is also interesting is that Facebook is willingly paying for reactivating the Dumbarton rail bridge. ( https://www.sfchronicle.com/business/article/Fast-growing-Fa... )

pm24601··on Why doctors hate their computers
You are making a bad assumption here: "Any system" ... Chances are we are talking about multiple systems created at different times and by different companies.

I could easily see a case where the timestamp is stored as a string to interoperate across various computer SYSTEMS.

Doing a wide scale fix for this problem is probably cost-prohibitive - assuming it is even possible.

pm24601··on Why doctors hate their computers
Yeap. A relatively lower paid person should be able to help reduce the workload of the higher paid person. Makes good business sense.

Welcome to rigid software not built for adaptability.

pm24601··on Swedish ISP Protests ‘Site Blocking’ by Blocking Rightsholders Website Too
A taste of their own medicine. I wonder if the court will try to order Bahnhof to unblock Elsevier?
pm24601··on Confessions of a programmer: I hate code review (2010)
Thanks! I never understood this difference between em, rem, px.

I learned something very new and I have been doing web development (backend mostly) for a long time.

pm24601··on The Rule of the Uber-Rich Means Tyranny or Revolution
Libertarianism is all about the individual and that individual's resources. Uber-rich have the vast majority of the resources. The uber-rich only need laws to protect themselves from the non-uber-rich.

The 'middle-class' and poor have no resources and little time to counter the uber-rich. The middle class gains nothing from giving up government protection.

Therefore libertarianism is enables the uber-rich.

And btw, the Koch brothers are very much libertarians and they very much have a lot of power.

pm24601··on The Rule of the Uber-Rich Means Tyranny or Revolution
The ultimate uber-rich manifestation: libertarianism.
pm24601··on The City That Had Too Much Money
A follow on problem: If there is a problem at a property Vancouver needs to track the beneficial owner to handle liability and maintenance issues.

Vancouver has a problem of determining responsibility for poorly maintained buildings, fire code violations, etc.

pm24601··on The City That Had Too Much Money
Not true (sadly). NYC, Miami, SF, etc. have a big problem with shell corporations using real estate to do money laundering.
pm24601··on The City That Had Too Much Money
1. All real estate held by non-human persons ( i.e. corporations, LLC) gets taxed at a higher rate.

2. All real estate used for income production - i.e. AirBnB for significant percentage of the year

3. An owner can declare a single piece of property their primary residence, all others are taxed as commercial property.

4. etc....

Vancouver needs to define "residents" and tax property that is not being held by non-residents.

pm24601··on Anti-Tax Fervor Closed Their Libraries. Now Residents Are Trying to Go It Alone
http://deadmalls.com/ no further comment needed :-)
pm24601··on Ask HN: How do I relocate to USA and get company to sponsor working visa
Yeah. What avip said. As a US citizen this saddens me. A Russian friend easily got into Australia and is on path to citizenship.

Travel between US & (Canada|Australia) is easier than probably any other country.

pm24601··on A solar-powered home inspired by a sunflower
Good question.

There are rotating restaurants in various towers and buildings.

It might be some thing as simple as a center section that doesn't rotate.

pm24601··on First analysis of how Uber and Lyft have affected roadway congestion in SF
Is this a trick question?

I use Muni and Caltrain.

pm24601··on Top 3% of U.S. Taxpayers Paid Majority of Income Taxes in 2016
This is true of any non-profit as well. Salvation Army, goodwill... your point is not a point. Just a comment that everyone needs to eat.
pm24601··on Top 3% of U.S. Taxpayers Paid Majority of Income Taxes in 2016
This is so much BS. Wealthy people slide their income into whole owned businesses. Those businesses use deductions to reduce their income in ways that you or I can't.

Simple example, to avoid paying income tax on $40,000

1. Create a business.

2. That business buys a car.

3. That business then leases the car to the business's owner

4. The owner as an independent contractor to the business deducts the 'cost' of leasing the car.

5. The business depreciates the car net the lease 'income'.

Result: The cost of the new car is a tax deduction for the business.

The business owner never has to take the $40,000 to go out and buy the car themselves.

How about that fancy mansion?

Also simple!

1. Have a separate LLC buy the house.

2. Host company events at the mansion.

3. The company pays a high fee for the privilege of hosting the CEO's Christmas party at the CEO's house.

4. All the CEO has to do is make sure to invite enough customers' CEOs to the event and it becomes an IRS approved business function.

pm24601··on Top 3% of U.S. Taxpayers Paid Majority of Income Taxes in 2016
Earned Income Tax Credit. ( https://www.irs.gov/credits-deductions/individuals/earned-in... )
pm24601··on Top 3% of U.S. Taxpayers Paid Majority of Income Taxes in 2016
Pick a post from this site: https://www.nakedcapitalism.com/
pm24601··on Top 3% of U.S. Taxpayers Paid Majority of Income Taxes in 2016
Absolutely.

1. Forced Arbitration clauses in an employment contract.

2. Successful reduction of workplace safety laws.

3. Easy relocation of factories and capital to low-wage locations.

4. Poor environmental protections

5. the elimination of defined benefit pension programs

6. CEO income being 400-1000x greater than average worker at same firm.

Oh, I see you are talking about factory workers in South-East Asia.

pm24601··on GDPR: Job applicants have the right to see notes made on them at interviews
Tech companies like to keep their interview notes secret. Job seekers should be required to share what were the stated reasons for rejection.
pm24601··on California governor signs overhaul of bail system
What was funny was that when he ran for governor in 2010. He went against Meg Whitman. She ran an ad praising the economy when she came to California - when Jerry Brown was governor
pm24601··on California governor signs overhaul of bail system
> This won't result in more poor people being released. It will simply result in a higher percentage of middle and upper class people being extorted into guilty pleas that they would not otherwise take, under the threat of losing their careers and families as a result of many months

Instead of just poor people?

pm24601··on California governor signs overhaul of bail system
Oh you mean like what they did in the middle ages? Now who could pay for that person? And we are back to a bail situation
pm24601··on I Delivered Packages for Amazon and It Was a Nightmare
How about looking at the facts that she presented. Her articles might be negative because that is what the facts indicate.

I trust her article because she focused on the facts:

* delivery address information wrong

* heavy boxes

* No ability to contact recipient for delivery

* unreliable app for scanning packages

* etc.

"Balance" is bs if balance comes at the cost of accuracy.

pm24601··on Ask HN: What are some niche communities you enjoy?
fetlife -- Like a kinky facebook, where everyone can ask really embarrassing questions and discover:

1) misconceptions

2) that there are others like them.

3) others have the same problem as well.

I have found good work-related question discussions like: "How can I say something nice to a woman without crossing any personal boundary lines." (A question that is hard to get a good answer from HR training); "How can I break up with someone I work with"

There is also the "Kinky And Geeky" group: (https://fetlife.com/groups/81) and the "Kinky & Geeky Convention Circuit" (https://fetlife.com/groups/121830) which are good for meeting up with others randomly.

pm24601··on San Francisco Officials to Tech Workers: Buy Your Lunch
Just bring a lunch from home! problem solved.
pm24601··on Ask HN: My Microsoft account has been suspended by Microsoft without details
I don't know current priorities but I do know that such a feature is strongly under consideration.

The major barrier (as I recall) is getting such a feature to play nicely with multiple installed clients and the web client.

pm24601··on San Francisco Officials to Tech Workers: Buy Your Lunch
Sure it will!

Q: Where will those catered lunches come from?

A: Local businesses charge sales taxes on the catered food.

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