Why does even capital gains have a different tax rate from dividend. I would fix that first.
62 karma · joined April 23, 2020
Jeff started it, and did efficiently, so that he didn't had to sell out to too much VC. He manages one of the most efficient companies in the world. and plenty of employees have equity, I wish companies here did the same.
It's the difference between charity orgs with fading impact, and the ones that change people lives. Same applies to corporations, plenty changed the world for the better.
I also think that too much information or mis-informations, or simply bias or selective information can damage the way you perceive if thinks are getting better or worse, but that's another topic.
And depending on your role at amazon, you get equity.
Bezos is literally nothing. It's just that nowadays the average person has more power, and the average bourgeois has even much more power, but the old rulers could do anything.
You can't just dump a lot of power into someone you think that does good, because you have know way to know if (s)he is even able to manage that to start to do go.
At least bezos continues to improve the world infrastructure through amazon, and financing the space industry though blue origin.
What's the problem with there beeing people with 100000 times my NW? specially if it's a guy that created one of the biggest business on the planet?
The problem is there being persons that can't afford to eat, but blaming bezos would only be fair if the way he got his money actually contributed to the lack of basic needs meet by the needed.
I think it's perfectly fine to only pay the tax once you sell, why should you keep paying a tax just for owning? With his portfolio, his salary wouldn't be able to cover a a simple 1% annual tax.
Now the issue is USA capital gain tax being lower than dividend tax, that's completely bonkers and encourages ridiculous uses of buybacks (which amazon has never done).
The capital gain tax should be the same as dividend tax
He is just a man with ambitions, whose "crime" people call out is amazon not paying profit taxes... With all the taxes from the non cash business amazon brings, that is the least ethical concern about amazon, specially since most of time they indeed have no profit as they reinvest.
Now the warehouse conditions is another thing, but hey it's america, those are spoken about because every its like that but amazon is a big target.
Amazon is a big corp like any other it has a bunch of faults, but to point Bezos simply evil over it is ridiculous, he does not have full control of amazon like Zuck has over FB
You can easily get too much debt if you are not careful doing those kind of things. Most people just check that the debt payments fit in their budget, but they forget their budget might shrink.
US families are drown into debt, in fact most families live paycheck to paycheck, so i wouldn't give that advice of using debt event without interest. I would only give such advice to people I already know that can take care of themselves financially. (As in know how to actually manage money, not about being rich or poor)
And there is another benefit of paying in the act: its off your mind, one less thing to worry about. Might not be the most efficient but is the the one that makes you worry less.
Very few people even have credit cards.
Places like restaurants and groceries still usual demand something like "minimum 5/10€ to use card", but those signs are disappearing.
And that condition will always benefit those who can return back. It's not about being newcomer or stranger, it's about being able to identify if it's a loan you can do.
The up and down arrow are really bad icons for UX.
Not just that, but for example, it will leave distaste in the abiding workers mouths. "I came here every day, respect the dress code, and that lazy bastard does not?".
So, don't really make rules that take much effort to enforce, or leave more open interpretation for small things, "common sense".
I don't know the answer, but a lot of minor things makes a big bad thing.
Also, the stereotypes associated with both: -> Drunkard man in a pub drinking their cheap wine/beer - Sueca -> Drunkard woman at friend's house drinking their cheap wine - Bridge
As a consumer it's extremely hard to find out what you need in a Privacy Policy, as it is simply too big of a document generally.
For companies its different as they should have someone payed to read that.
So what is needed is a standard way of conveying what data is being collected. And what is kept in-company, and what is shared/sold. Just like the ingredients in a package, a simple Table.
To me the solution seems more with being able to choose which OS I can put on some metal. iOS is very sepecific OS for a specific metal, it shouldn't need to cater to everything.
The thing about Android and windows in the past (about IE and GApps) is very different in Apple's as it is selling a combo. That metal-runtime integration, those envirnment consistency, that cathedral instead of bazaar, is why people buy iphones, not Androids or Libres.
And ofc, there is always people standing around watching someone play. It's a usual sight to enter a pub and a 4 guys in a table playing Sueca in silence, surrounded by some folks watching. It's even more interesting because Sueca "etiquette" makes it a silent game during play, but after, during count, deal, etc, everybody is commenting, add alcohol and people watching, and it's a marvelous thing.
People are willing to pay for those 30%, as long as iOS has an healthy supply of apps, apple will keep it.
Republic of China is a big target of People's Republic of China. Sure, there shouldn't be a war, but in the worst case scenario, USA is kinda screwed by having all their chip manufacturing there. Notice that the new TSMC factory is with big emphasis on military contracts.