Earlier quoted context omitted.
From the article: > Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for…
If we all just followed the letter of the law and not the spirit of the law, society would be a lot worse than it currently is.
Suspicious discontinuities (2020)
31–40 of 294 posts
Re: Suspicious discontinuities (2020)
#32Suspicious Discontinuities - https://news.ycombinator.com/item?id=28452926 - Sept 2021 (54 comments)
Suspicious Discontinuities - https://news.ycombinator.com/item?id=22378555 - Feb 2020 (297 comments)
Re: Suspicious discontinuities (2020)
#33I went to school at a relatively late age and started in community college. The school/state had a policy where any independent income earners making less than 35,000/year would not pay tuition. A single dollar over that would require paying full tuition of ~$60/unit or about $750 a semester. One year I worked a little more overtime during the holidays than usual and realized with a week to go in the year that I'd go…
An instructive image of the welfare trap: https://en.wikipedia.org/wiki/File:Welfare_trap.png People making $30K on welfare would need to make $81K at an actual job to have the same income after tax. More info: https://en.wikipedia.org/wiki/Welfare_trap
Re: Suspicious discontinuities (2020)
#34https://www.economist.com/cdn-cgi/image/width=1024,quality=8... (from https://www.economist.com/britain/2023/04/11/britains-tax-ta...)
Re: Suspicious discontinuities (2020)
#35Haha, I recall seeing a similar plot with a "suspicious discontinuity" when I looked up data on home appraisal price vs sale price. I remember asking the loan officer why the contract was forwarded to the appraiser before they did the appraisal, because that might bias their assessment. She gave me a funny look and replied "that's kind of the point."
But yeah, it's _very_ clear their appraisal, which is usually _dead on_ with the offer, is a sham. I mean, even just considering the incentive structure (Who's going to hire an appraiser who causes deals to go sideways?), it's clear that they're just a middleman taking their cut.
Re: Suspicious discontinuities (2020)
#36https://lichess.org/stat/rating/distribution/bullet
It's easy to understand why this happens:
- Player ratings will fluctuate by small amounts as they win and lose individual games.
- People are happy to stop playing when their rating is at e.g. 1503, but if it's 1497, they'd rather play just one more game than leave it that way.
- At any given time, most accounts are not playing, so the distribution shows a bias towards values just over a 100 Elo threshold.
The other neat thing is that you can see this effect reduce as you look at longer time controls:
Blitz (less than 10 min): https://lichess.org/stat/rating/distribution/blitz
Rapid (less than 30 min): https://lichess.org/stat/rating/distribution/rapid
Which makes sense because the time and effort of gambling just one more game to get the rating back over the line is higher at the longer time controls.
Re: Suspicious discontinuities (2020)
#37Earlier quoted context omitted.
From the article: > Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for…
If we all just followed the letter of the law and not the spirit of the law, society would be a lot worse than it currently is.
The reason we're not all in jail all the time is that we don't fully enforce almost any law, IMO because we all like to think of ourselves and most of our peers as the "goodies" even as we demand ever stronger crackdowns on ever broader ranges of behaviour. And also we don't like living in police states run by people who tell us we're actually all bastards.
Fully enforce road laws? The only people who won't lose their licences, will be people who aren't driving.
Littering? The fines would probably raise enough money to replace all taxation and then some.
Drug laws? In the UK, heroin users alone are a group nearly three times the size of the prison population, all class-A drugs combined are about 11x the UK prison population, all drugs of all categories are about 31x the prison population — and that's "this year" not "lifetime use" which matters given the length of the prison sentences for different categories: https://www.ons.gov.uk/peoplepopulationandcommunity/crimeand...
Copyright infringement? Imagine if Google (or AltaVista) had been hit by the same sort of lawsuits sent against individuals engaged in P2P file sharing during the Wild West era of the internet.
Personal data protection? Even before GDPR, websites should've been asking for permission for tracking cookies.
Re: Suspicious discontinuities (2020)
#38Haha, I recall seeing a similar plot with a "suspicious discontinuity" when I looked up data on home appraisal price vs sale price. I remember asking the loan officer why the contract was forwarded to the appraiser before they did the appraisal, because that might bias their assessment. She gave me a funny look and replied "that's kind of the point."
Yeah of course, the appraiser is a person who is paid to write down the predetermined number. The US federal government should nuke this industry as part of their crackdown on "junk fees". Either the appraiser serves a legitimate arms-length purpose or their whole line of business should go away.
https://www.firstcoastnews.com/article/news/local/jacksonvil...
Reddit /r/nottheonion discussion: https://old.reddit.com/r/nottheonion/comments/igk83g/jackson...
Re: Suspicious discontinuities (2020)
#39Re: Suspicious discontinuities (2020)
#40Earlier quoted context omitted.
An instructive image of the welfare trap: https://en.wikipedia.org/wiki/File:Welfare_trap.png People making $30K on welfare would need to make $81K at an actual job to have the same income after tax. More info: https://en.wikipedia.org/wiki/Welfare_trap
Something seems very off with that image. I've known a lot of different people who were on welfare over the years, and not one of them had a standard of living anywhere close to what someone who nets $60,000 a year does. That said, there is absolutely a cliff where you could risk a loss just by taking in more money.
I don't know what the former means and how these are calculated, but if you don't have children, this graph would look a lot less exciting.