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Suspicious discontinuities (2020)

danluu.com

281–290 of 294 posts

Re: Suspicious discontinuities (2020)

#281
post #271

Earlier quoted context omitted.

- The government created an incentive structure keeping people on government benefits from being productive members of the economy. It should fix that. - There is still a question of scale: the trust-fund-baby population is several orders of magnitude smaller than the makes-50k population > I advocate a 100% inheritance tax Well then I don't think there is much common ground between us :) A 100% inheritance tax sever…

> A 100% inheritance tax severely dis-incentivizes savings Sure, but how much value have we lost because talented kids didn't get the education they needed? How much are we being harmed right now because a mediocre, but wealthy person is holding an office which could be better done by somebody who was excluded through no fault of their own//

The people with that kind of money don't have borders restricting them.

Anyway you're wasting your time because these people are lawmakers.

Re: Suspicious discontinuities (2020)

#282
post #271

Earlier quoted context omitted.

> A 100% inheritance tax severely dis-incentivizes savings Sure, but how much value have we lost because talented kids didn't get the education they needed? How much are we being harmed right now because a mediocre, but wealthy person is holding an office which could be better done by somebody who was excluded through no fault of their own//

The people with that kind of money don't have borders restricting them. Anyway you're wasting your time because these people are lawmakers.

> The people with that kind of money don't have borders restricting them.

Anybody who would leave a country which gave them so much--just so they could take EVEN MORE from it--is somebody I don't want voting in my elections anyways.

Good Riddance. Either grab an oar and start rowing with the rest of us, or get off the boat.

> Anyway you're wasting your time

No doubt I am. But when people come on here and complain about somebody making $40k a year getting a subsidy for their health care, it's fair to hold them to their own standard. You are against handouts, I get it. Well what about that handout you got from your parents when they kicked off, on set up that trust fund?

You want people to be incentivized to contribute to society, I get it. Well, if giving somebody $10k to subsidize their health care is a bad incentive, what about giving somebody $25 million?

If it's bad for people to just be arbitrarily handed free money, so be it. Let everybody start from exactly the same starting line, and let them go as fast and as far as their talents can take them. But they don't get to just give free money to people, even their kids, because apparently, that's bad.

Re: Suspicious discontinuities (2020)

#283
post #207

Earlier quoted context omitted.

> I advocate a 100% inheritance tax What sort of nonsense half-measure is this? I propose a 100% tax on parent-child resource transfers starting from the moment of birth! Although, you might just cut out the middleman, seize the children, and raise them in a state-run "Nurturing Center."

> seize the children, and raise them in a state-run "Nurturing Center." I don't know a parent who hasn't fantasized about this. I hadn't considered the inheritance angle; my kid's young yet.

Don't worry, we will send them a bill.

Re: Suspicious discontinuities (2020)

#284

>One reason people were looking for ways to lose money was that, in the U.S., there's a hard income cutoff for a health insurance subsidy at $48,560 for individuals (higher for larger households; $100,400 for a family of four). ... That means if an individual buying ACA insurance was going to earn $55k, they'd be better off reducing their income by $6440 and getting under the $48,560 subsidy ceiling than they are ear…

> (Which, I know, being retired on crypto, I also feel ick about taking the subsidies to begin with, but that's a different issue.)

One qualifies for subsidies regardless of how much wealth they have? Sounds like US welfare system is a joke.

Re: Suspicious discontinuities (2020)

#285

>One reason people were looking for ways to lose money was that, in the U.S., there's a hard income cutoff for a health insurance subsidy at $48,560 for individuals (higher for larger households; $100,400 for a family of four). ... That means if an individual buying ACA insurance was going to earn $55k, they'd be better off reducing their income by $6440 and getting under the $48,560 subsidy ceiling than they are ear…

I had a friend in that situation one year. He reported some imaginary income that brought him up over that limit. Paid the tax on it, received the subsidy, and was able to continue with his existing ACA healthcare plan (and doctors, and etc).

Re: Suspicious discontinuities (2020)

#286

Earlier quoted context omitted.

If you have a wait list, the price isn't high enough

A good example of where free market ideology falls flat

You can't criticise free markets where there is no market, let alone a free one.

"Supply and demand" is not a free market claim, it is accepted by everyone.

I'm just pointing out that the NHS exchanges monetary cost with temporal cost - you're paying with your time rather than your dollars, for access. You're also paying dollars via tax, but that's unrelated to access.

A nation can accept or even demand this trade-off, and many do - but support tends to drop when it is made explicit.

Re: Suspicious discontinuities (2020)

#287
post #282

Earlier quoted context omitted.

The people with that kind of money don't have borders restricting them. Anyway you're wasting your time because these people are lawmakers.

> The people with that kind of money don't have borders restricting them. Anybody who would leave a country which gave them so much--just so they could take EVEN MORE from it--is somebody I don't want voting in my elections anyways. Good Riddance. Either grab an oar and start rowing with the rest of us, or get off the boat. > Anyway you're wasting your time No doubt I am. But when people come on here and complain abo…

Here's who's getting money

https://news.ycombinator.com/item?id=39765718

People and organizations that understand what's important to keeping the American Empire strong and gas prices low and offer to deliver.

They aren't going anywhere. They pay for the laws.

Good luck thinking the Clinton's and MTG's would choose you over mere millionaires especially when you don't vote and don't contribute to elections. When last did you contribute money for a table at a fundraiser so someone can speak for you?

You give me the "Genocide Joe I'd rather have Trump vibe"

I and we aren't going anywhere. It's cheaper to get you out to that fake Utopia you think exists in Europe.

They have stricter immigration rules than the US and you don't qualify? Hmm. How about New Zealand and Australia? I really wonder

The US already spends more on health per capita even excluding the costs of drugs. It's not because some random put money into Bitcoin in 2006 and is now a a near billionaire. Or because they won the lottery. There's an entire system eating away at the money and even Amazon couldn't fight it. You'll have better luck getting rid of the TSA

Re: Suspicious discontinuities (2020)

#288
post #282

Earlier quoted context omitted.

> The people with that kind of money don't have borders restricting them. Anybody who would leave a country which gave them so much--just so they could take EVEN MORE from it--is somebody I don't want voting in my elections anyways. Good Riddance. Either grab an oar and start rowing with the rest of us, or get off the boat. > Anyway you're wasting your time No doubt I am. But when people come on here and complain abo…

Here's who's getting money https://news.ycombinator.com/item?id=39765718 People and organizations that understand what's important to keeping the American Empire strong and gas prices low and offer to deliver. They aren't going anywhere. They pay for the laws. Good luck thinking the Clinton's and MTG's would choose you over mere millionaires especially when you don't vote and don't contribute to elections. When last…

Alright, fess up, this is a post from a bot!

Re: Suspicious discontinuities (2020)

#289
post #288

Earlier quoted context omitted.

Here's who's getting money https://news.ycombinator.com/item?id=39765718 People and organizations that understand what's important to keeping the American Empire strong and gas prices low and offer to deliver. They aren't going anywhere. They pay for the laws. Good luck thinking the Clinton's and MTG's would choose you over mere millionaires especially when you don't vote and don't contribute to elections. When last…

Alright, fess up, this is a post from a bot!

You can find my phone number online. My time zone is UTC+1.

Call me and hear my very African accent

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