351–360 of 395 posts
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NJ, home of the H1B scam. I worked with these guys at some large corporations on contract and as an employeed (F500 companies). I felt bad for them. Modern serfs. They lived in housing owned by you know the names of these indian firms that do 'anything'. Companies love the low cost, unlimited hours, and no need to hire, they're contractors. they sign deals with big indian vendors to provide everythingunderthesun. Poo…
Sounds like a CRIME to me.
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What evidence is there of governments being more successful at picking winners than the market? Governments should stay out of the winner-picking business, which they do with money from the public purse, and allow individuals and enterprise to use their own money to have a go at picking winners themselves. If industry and banks find investment in any particular field unpalatable without Government incentive, then tho…
What evidence is there those with capital/the market are making the best engineering and science based decisions and not just juicing their portfolio because they’ll be dead when shit hits the fan?
Governments don’t.
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This is not true. There's a TCS of 20%, which is an advance tax payment that you can claim back in your income tax returns at the end of the year, and it not an additional tax. This is just a (bad) mechanism to stop black money from leaving the country.
Thanks I didn't realize that it was refundable, I guess "India makes people loan 20% of their foreign remittances to the government interest-free" would be more accurate.
It wouldn't. The TCS can be offset against other tax liabilities. The government pays out 6% interest on excess tax payments. For reference, 364 day T-bills are currently yielding ~5.5%.
The idea is to force reporting and add friction. Not raise revenue.
If correct, this is a good thing on a generally bad, overstuffed bill. Immediate expensing never should have been changed in the first place, and it was always weird seeing people twist themselves in knots defending it.
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The answer is to vote out politicians. Getting ranked choice voting on your states ballot would go a long way to fixing this. They would not have Mamdani on the ballot for NY mayor if it wasn't for ranked choice voting. Certain politicans know this and have made RCV illegal in their state. Get RCV on the ballot for your state.
RCV / Ranked Pairs of course. The IRV decision process is still a relic of the two party system, with the possibility for some pretty terrible strategic-voting dynamics as votes diverge from just two major parties.
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Yeah but there's lots and lots of no big tech US companies in Ireland. They generally don't have much equity or bonuses but the base is OK. I got 6 figures from a bunch of them in Ireland so it's possible.
How much of that wage is left after taxes and Dublin housing?
Alternatively, if you work for one of the Big Tech places then you'll get a really good wage (by irish standards) as well as enough benefits to make you feel a bunch better off. Additionally the bonuses and equity there help a lot.
But yeah, Ireland's super expensive. Our household is at about the 85% percentile income, and we have a (small/expensive) house but we don't have a lot left after all of our outgoings.
So yeah, you can get a better salary but you probably won't have a whole lot more disposable income (but apart from all that, ireland's a great place to live).
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Usually one earns half to a third of net wage in Germany compared to East Coast US. A maximum of 100k total cash compensation is usually the norm for mid-size companies. That is for the most senior engineers. It is also taxed almost at 50%.
Isn't that the norm everywhere in Europe?
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How much of that wage is left after taxes and Dublin housing?
Feck all, unfortunately. Like, if you either 1. buy a house some years back or 2. get an off-books rental through someone you know then you can do well. Alternatively, if you work for one of the Big Tech places then you'll get a really good wage (by irish standards) as well as enough benefits to make you feel a bunch better off. Additionally the bonuses and equity there help a lot. But yeah, Ireland's super expensive…
I do miss a good snug though.
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Your entire argument boils to the fact that you live in Austria and that makes you an expert on fascism and if anyone tries to refute you then it immediately means they're in denial. Which is, of course, non-sensical.
Italian here, and I know a few things about fascism not just because of that. Yes, what is happening in the US is the rise of a fascist state controlled by a small minority of very wealthy and powerful people purely for economical reasons with Trump being just a tool in their hands. As with happened in my country back then, there are only two possible reasons for endorsing it: being part of the cult, or being part of…
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I have approx. 15 years of experience working remotely for various companies all across the globe and was always an advocate of thesis that remote work is difficult and most people aren’t cut for it and (to horror of many proponents) and on average are less efficient than on-site hires. There are many reasons: It’s difficult to understand _intention_ when deprived of non-verbal communication and working in a choppy n…
I have nearly 3 decades (ugh…) now of forming fully remote startups and working remotely. It used to be totally non-controversial and completely validated by direct personal experience that only a minority of the population is built to work remotely. It’s so silly this is even an argument when our entire society and education is built on in-person interactions. I think the 10% number is variable depending on the org…
I wouldn't agree that most people aren't built to work remotely, but I have always maintained that it is a skill that takes time to build. Which is why it's unfortunate that RTO happened so quickly.
Of course I always prefer remote work for companies in the same city. Being able to come in easily when necessary helps a lot.