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InvisibleEnlilMDiscord
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Re: Let's lower taxes. [Re: budmanman]
    #28162597 - 01/29/23 09:41 AM (11 months, 22 days ago)

Of course you are.  That's why you live in a shack.  In our advanced society, however, we choose leaders looking at a bigger picture.


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OfflineIce9
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Re: Let's lower taxes. [Re: budmanman]
    #28162599 - 01/29/23 09:41 AM (11 months, 22 days ago)

When you belong to that group :ilold:


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OfflineKryptos
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Re: Let's lower taxes. [Re: Enlil]
    #28162604 - 01/29/23 09:46 AM (11 months, 22 days ago)

Guess I missed that part.

Taxing value is the right way to go, but at the same time, you will need to figure out a good way to sell it to the people. It's not very intuitive, due to the disconnect between work and income. Of course, people are taught that work and income are directly related, so...


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InvisibleEnlilMDiscord
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Re: Let's lower taxes. [Re: Kryptos]
    #28162606 - 01/29/23 09:47 AM (11 months, 22 days ago)

We already tax value, though.  Income reflects value, and we tax income.


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Invisiblebudmanman
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Re: Let's lower taxes. [Re: Enlil]
    #28162608 - 01/29/23 09:48 AM (11 months, 22 days ago)

Quote:

Enlil said:
Of course you are.  That's why you live in a shack.  In our advanced society, however, we choose leaders looking at a bigger picture.




I own my home and I have more bedrooms than I need or know what to do with, with an oversized 2 car garage on a quarter acre in the heart of a major city just 5 minutes from my work.

Which also happens to be the largest building on Earth, though tesla has been claiming the Giga factory is bigger but I actually doubt that it is.

Ain't no shack. You on the other hand have been reduced to a mere renter.


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Everything I have ever said is total bogus bs I am full of crud therefore everything I say should never be taken literal.

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Edited by budmanman (01/29/23 09:55 AM)


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InvisibleballsalsaMDiscord
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Re: Let's lower taxes. [Re: Enlil]
    #28162778 - 01/29/23 11:58 AM (11 months, 22 days ago)

Quote:

Enlil said:
We already tax value, though.  Income reflects value, and we tax income.




We just have to start expanding the definition of income a bit to include more non-cash compensation and tax capital gains at the same rate.(as income)


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InvisibleEnlilMDiscord
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Re: Let's lower taxes. [Re: ballsalsa]
    #28162798 - 01/29/23 12:10 PM (11 months, 22 days ago)

Short term capital gains is already taxed as regular income.  Long-term enjoys the lower rate, but it's hard to tell who that will hurt more.  There's a very real possibility that you'd hit pensions really hard that way.


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InvisibleballsalsaMDiscord
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Re: Let's lower taxes. [Re: Enlil]
    #28162811 - 01/29/23 12:16 PM (11 months, 22 days ago)

Disberse money from the revenues to cover the losses of individual pensioners


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InvisibleEnlilMDiscord
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Re: Let's lower taxes. [Re: ballsalsa]
    #28162821 - 01/29/23 12:26 PM (11 months, 22 days ago)

It's not an uncommon solution, but that continues the pattern of "break it and then fix it" that has led us here.  There should be a way to design a system that doesn't need bandaids to fix the unwanted effects of tax laws


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InvisibleballsalsaMDiscord
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Re: Let's lower taxes. [Re: Enlil]
    #28162855 - 01/29/23 12:52 PM (11 months, 22 days ago)

Do it iteratively.  Maybe tie the process to the census


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OfflineKickleM
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Re: Let's lower taxes. [Re: Enlil]
    #28163033 - 01/29/23 02:44 PM (11 months, 22 days ago)

Quote:

Enlil said:
When the space shuttle was first built, it was controlled by computers running COBOL.  COBOL is an antiquated programming language that hasn't been used in decades.  After the shuttle had been flying for about 20 years, NASA wanted to upgrade their computers, but they couldn't find anything that would run COBOL.  Of course, some said that they should just recode the systems in a modern language, but the risk was that an error would cause some catastrophe, and the systems had been working correctly for so long.

This is the same problem we have with the tax code.

The tax code is a big fucking mess.  Everyone in Washington wants a new, better tax code.  This has been universal for at least 30 years.  The problem is that it's so big and complicated that there is a very real chance of fucking the economy up if the transition isn't done right.  It's one thing to throw out "simple" solutions, but the reality is that the tax code is like a jacket with so many patches that there is no jacket showing anymore.  Creating a new tax code is easy, but creating one that will approximate the current results for 300+ million Americans such that we don't send a group into instant poverty is a whole other thing.




Good analogy :thumbup:

I actually think computer simulations have a strong potential to solve problems like this. At least to a degree of confidence it's worth moving forward.


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Invisiblebudmanman
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Re: Let's lower taxes. [Re: Kickle]
    #28163066 - 01/29/23 03:10 PM (11 months, 22 days ago)

The Boeing 747's software is still installed by these bad boys.



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InvisibleEnlilMDiscord
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Re: Let's lower taxes. [Re: budmanman]
    #28163070 - 01/29/23 03:14 PM (11 months, 22 days ago)

No, it isn't.


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Invisiblebudmanman
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Re: Let's lower taxes. [Re: Enlil]
    #28163077 - 01/29/23 03:19 PM (11 months, 22 days ago)

Yes it is lol

"Boeing 747s still get critical updates via floppy disks"



https://www.theverge.com/2020/8/11/21363122/boeing-747s-floppy-disc-updates-critical-software


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OfflineSirTripAlot
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Re: Let's lower taxes. [Re: budmanman]
    #28163081 - 01/29/23 03:22 PM (11 months, 22 days ago)

Your link says 3.5 inch, not the 5.5.




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Invisiblebudmanman
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Re: Let's lower taxes. [Re: SirTripAlot]
    #28163082 - 01/29/23 03:23 PM (11 months, 22 days ago)

Well the older models use the big ass ones.


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InvisibleEnlilMDiscord
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Re: Let's lower taxes. [Re: budmanman]
    #28163086 - 01/29/23 03:26 PM (11 months, 22 days ago)

Your photo was of an 8 inch disk.  The article says 3.5.  That means you're wrong.


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Invisiblebudmanman
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Re: Let's lower taxes. [Re: budmanman]
    #28163087 - 01/29/23 03:26 PM (11 months, 22 days ago)

The last 1 was just rolled out of the factory though a few weeks or so ago.

I have yet to ever see a floppy drive on a 777 and I hope they are finally past that.


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InvisiblemushboyMDiscord
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Re: Let's lower taxes. [Re: budmanman]
    #28163578 - 01/29/23 10:08 PM (11 months, 21 days ago)

why would you be dishonest about a disk that is used to update basic software?

The floppy disks are used to load navigational databases which need to be updated regularly, every 28 days.


Edited by mushboy (01/29/23 10:11 PM)


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OfflineKryptos
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Re: Let's lower taxes. [Re: Enlil] * 1
    #28163581 - 01/29/23 10:10 PM (11 months, 21 days ago)

Quote:

Enlil said:
Short term capital gains is already taxed as regular income.  Long-term enjoys the lower rate, but it's hard to tell who that will hurt more.  There's a very real possibility that you'd hit pensions really hard that way.




Seems like pensions should maybe not be tied to capital gains, then, no?

It's great in theory, because the market always goes up, but in practice...well, the market doesn't always go up. Perhaps that is a burden best shifted back to the pension provider?


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