71–80 of 119 posts
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Why do you believe Social Security isn't an entitlement?
There's a connotation of entitlements that they are merely demanded and not earned. But Social Security benefits are, at least through a hotly debated and ever-changing formula, related to the amount a person paid in.
"With which company would you share your health data?" https://www.bondcap.com/report/itr19/#view/287 This certainly isn't what you'd guess from reading comments on HN.
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> will spell the doom of Uber and Lyft Car sharing isn't going anywhere. It's too convenient. The prices will rise, the number of drivers and passengers will fall and the companies will shrink, but they'll still be around. I have trouble seeing suddenly seeing a day when there's no car share service because they all finally went belly up.
I don't think car sharing will go extinct either, but be careful with your analyses. Uber and Lyft are precariously balanced on a system of ( substantial ) low-income demand, high-income demand, and subsidy. If prices rise, low-income demand plummets, ending subsidies. High-income pricing could rise significantly higher than you might expect, at which point you no longer have "ride sharing" so much as you have privat…
"With which company would you share your health data?" https://www.bondcap.com/report/itr19/#view/287 This certainly isn't what you'd guess from reading comments on HN.
Adding: To be fair, it probably more strongly correlates with "Which technology companies have you heard of?"
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I think it's important to remember that a big part of the value prop of these services is that when you open the app to hail a car, you're pretty much assured of getting that car within 15 minutes or so. Change the current equilibrium much and that benefit might go away. I could hail a cab by phone before Uber, but, in Chicago, where we have pretty reasonable cab service (certainly light years better than SFBA's), it…
You’re overestimating how good the cab systems are outside of Chicago and the coasts. There is a lot of value in just having a reliable hailing system with a review system and tracking of where your pickup is, even if there is a 30 min delay. The state of the art of cabs in smaller cities is getting hung up on, ghosted, or massively delayed when given a different ETA if you don’t book the cab hours in advance.
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I don't think car sharing will go extinct either, but be careful with your analyses. Uber and Lyft are precariously balanced on a system of ( substantial ) low-income demand, high-income demand, and subsidy. If prices rise, low-income demand plummets, ending subsidies. High-income pricing could rise significantly higher than you might expect, at which point you no longer have "ride sharing" so much as you have privat…
There's going to be a point where taking a scooter becomes more attractive for low income people (it's already half the price of a lyft), and then there will be a point where owning your own $400 scooter or $100 bike will make more sense rather than relying on the rental (which is normalizing the idea of riding an electric scooter/bike through a city). I wonder if these companies have dug their own grave.
Dear Mary, Social Security is not an entitlement in anything but the strictest sense of the word. Every year you put it in your report and group it in like it's some sort of handout by the federal government, but it's not. And every year, you put up a few slides pushing your politically-motivated world view of cutting "expenses", but never bother to note what USA Inc. could do to increase revenues like raising taxes…
A 91% top marginal tax rate would be a net negative on taxes, because most of the rich people would leave the country. There's a fine art to setting the tax rate at a level that people dislike, but not strongly enough to do something about it, because the other benefits of being here outweigh.
Yeah, the IRS doesn't care.
If you are a U.S. citizen or resident alien, the rules for filing income, estate, and gift tax returns and paying estimated tax are generally the same whether you are in the United States or abroad. Your worldwide income is subject to U.S. income tax, regardless of where you reside.
1: https://www.irs.gov/individuals/international-taxpayers/taxp...
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There's going to be a point where taking a scooter becomes more attractive for low income people (it's already half the price of a lyft), and then there will be a point where owning your own $400 scooter or $100 bike will make more sense rather than relying on the rental (which is normalizing the idea of riding an electric scooter/bike through a city). I wonder if these companies have dug their own grave.
Owning a bike isn't really that good for commuting. I use Citibike to go to work and pretty much anywhere else they have Citibike docks. People always ask why I don't just buy a bike. I had a bike. It got stolen. If a Citibike gets stolen, that's not my problem. Moreover, I don't have to try to take it on the train, or carry it into a building, or find a place to park it outside where it won't get stolen or vandalize…
Get a cheap bike that is nice to ride, 2 locks, and learn how to lock it up properly.
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There's a connotation of entitlements that they are merely demanded and not earned. But Social Security benefits are, at least through a hotly debated and ever-changing formula, related to the amount a person paid in.
It's kind of a weird argument, considering that nothing in the Bill of Rights (for example) is earned. There are things we have "by right" according to law and that's okay.
It's literally a government run retirement account that you fund yourself (and at this point with less assurance that you'll get a good return on that). How's that an entitlement?