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Facebook Q1 2018 Earnings Slides [pdf]

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Re: Facebook Q1 2018 Earnings Slides [pdf]

#261
post #27
post #20

Earlier quoted context omitted.

Who knows what gaming mechanisms they could have in place to artificially inflate numbers, it could even be a third-party that somehow knows how much of an increase in user signups they need to stay on an upward course. With the level of bad acting linked to Cambridge Analytica, really anything is plausible if it's a method to maintain control via manipulating appearances, etc.

Maybe. What you're describing would mean prison for anyone involved, though, which makes me skeptical. Not saying it's definitely false (I have no way of knowing), and certainly white-collar crime happens. But that would be a very high-stakes move.

That's what I'm saying though, up until a month ago I would have been more skeptical and err on the side of doubt too, however did you see the hidden camera recording of the Cambridge Analytica CEO by Channel 4's investigation? I imagine comments like his, and hopefully evidence can be found, that will lead to prison time for him and others.

There are clearly very intelligent people and seemingly without a conscience, and who even admit that they would do things in untraceable ways, including in part under and between different company names; not a stretch to imagine activities happen on no books with no trackable gain given in exchange -- or even in plain sight however people erring on the side of doubt and disbelief. We have the evidence smacking us in the face every day though. The result of Cambridge Analytica's activities, seemingly along with Russia's help - directly or indirectly I'm not sure, is getting someone like Trump into office, along with apparently winning elections in other nations around the world.

I'd say very high-stakes they're playing for, positioning someone in as President of the United States to align with Russian motives, along with the shit going on with Syria and nerve agents actively being used.

It's certainly rallying the world to align for good, to align for accountability - against those who are acting bad.

Re: Facebook Q1 2018 Earnings Slides [pdf]

#262
post #127

Earlier quoted context omitted.

It depends on who you ask I suppose. I think it is reasonable to have 0% tax on corporations if the other taxes were correct. An issue is that under that regime many corps would choose to never pay a dividend, so that would have to be fixed somehow.

If the only tax on corporations occurred when dividends were paid, corporations would just stop paying dividends. You’ll also have the problem we already have today, where individuals would construct their lives around a closely held corporation. When the corporation is closely held, income is supposed to pass through to the individual for taxation, but the incentives to evade theose rules would be much stronger. In…

Ah cool. I see the benefits of having a straight land tax. An issue with that is that the value of land can be hard to figure out and is easy to game.

My ideal practical tax would be just a straight sales tax and nothing else. Income = Consumption + Savings, and since we want to encourage savings and investment it seems better and simpler to just do it that way.

Total libertarian dream scenario is no taxes, and government funds it self via slight inflation as a tax.

Re: Facebook Q1 2018 Earnings Slides [pdf]

#263

Earlier quoted context omitted.

> Even making $100K+ in Cali puts you around 38% fed + state income tax. No, it doesn't. It put you—in 2017, the number is lower in 2018—assuming no deductions—at a combined 37.3% marginal rate, but a substantially lower overall rate.

My total outlay for 2017 was around 35%, taking 1 deduction, and my income is near that $100k mark. And I still had to fork over an extra $600 on tax day.

On California state plus federal income taxes (the claim I was responding to) that's simply impossible even if you refer to AGI and not gross income before deductions. If you are including some other taxes, such as payroll taxes, it's possible but not the claim I was responding to.

Re: Facebook Q1 2018 Earnings Slides [pdf]

#264

Earlier quoted context omitted.

> Which worker bees are paying 35-50%? Lots of people in Europe. Which for sure is also a big market for FB. In Germany you are already have deductions of nearly 50% if your income is around 50000€.

I do not see how a person making 50k € in Germany would have a gross/net difference of 50 %. According to [1], the gross/net difference would be about 34 % in the worst case (highest tax class, no children, not married etc.), which includes social security, health insurance and so on. The calculator gives realistic results for my own income. [1] https://www.brutto-netto-rechner.info/

If I enter 50k there, and a tax class 1, then I end up with

Netto: 2.456,06 € 29.472,66 €

which means 40% deductions. Which is approximately what I meant (yes, 50% was slightly too high).

Re: Facebook Q1 2018 Earnings Slides [pdf]

#265
post #250

Earlier quoted context omitted.

I'd argue that ballooned beyond "internet outrage" though; a lot of parents started seeing the loot boxes as slot machines. That gave the issue its "Is it legal?" and "PROTECT THE CHILDREN" angles. Honestly, people probably don't give enough credit to the MW2 "boycott"; it showed kids that they could organize if the company's practices got out of hand. I think the MW2 and BF2 issues were really part of a longer trend…

Governments getting involved with anti-gambling regulation might be significant enough to stop some practices. But I work adjacent to some video game industry business strategy folks... and I can say that the various EA/microtransaction/season pass/pay2win boycotts haven't convinced anyone that those are the wrong way to go. People in the industry are generally convinced that the golden goose is getting people to pay…

Such is the way of Capitalism. Profits over people. Otherwise you'll get eaten by other capitalists (or Oracle), since you have less 'growth'.

People in the industry needs get people to pay more than full price whether they like it or not.

Re: Facebook Q1 2018 Earnings Slides [pdf]

#266
post #230

Earlier quoted context omitted.

It doesn't work that way. I learned it the hard way. I run a successful s/w company that was recently under targeted attacks by one of these hashtag campaigns. The gist was we wrote something about why we refused to hire women simply to improve the % of females in tech and why we want to hire the best people for the job irrespective of their gender. The goal of the post was to help people correctly contribute to gend…

Why did you write that blog post to begin with? Sounds like a terrible issue to write about if your goal is positive PR.

Lol what a coward you are

Re: Facebook Q1 2018 Earnings Slides [pdf]

#267

Earlier quoted context omitted.

GDP per capita. US/North America consumers earn & spend more.

Not quadruple.

"The GDP per capita (PPP) was $37,800 in 2015,[4] compared to $57,084 in the US."

Definitely not quadruple, but taking into account a number of other things - like online spending - ecommerce etc, it's not hard to see. I also believe (no proof, gut feeling) the metrics are similar for appstore purchases.

Re: Facebook Q1 2018 Earnings Slides [pdf]

#269

Earlier quoted context omitted.

Meanwhile the worker bees pay 35-50% in income tax and other withholdings between state and federal. That pisses me off so much

Which worker bees are paying 35-50%? You just about have to make a million dollars per year in the US - and be in California or NYC - to pay 50%. One million dollars in income gets you to about 47% in LA, SF, or NYC. A quarter of a million dollar income will get you up to 35% - and those are the most expensive tax locations in the country. $50,000 (the US median full-time income) gets you a combined effective rate, b…

You're not including payroll, sales, or property taxes, though.

Re: Facebook Q1 2018 Earnings Slides [pdf]

#270

Earlier quoted context omitted.

I do not see how a person making 50k € in Germany would have a gross/net difference of 50 %. According to [1], the gross/net difference would be about 34 % in the worst case (highest tax class, no children, not married etc.), which includes social security, health insurance and so on. The calculator gives realistic results for my own income. [1] https://www.brutto-netto-rechner.info/

If I enter 50k there, and a tax class 1, then I end up with Netto: 2.456,06 € 29.472,66 € which means 40% deductions. Which is approximately what I meant (yes, 50% was slightly too high).

You have to enter a value in the tax allowance field ("Jährl. Steuerfreibetrag"). The first 9000 € (if not married) a year are not taxed.
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