Earlier quoted context omitted.
> Taxes on unrealized capital gains would be a start A start to what? There is no way of taxing unrealised capital gains that makes sense. You're taxing theoretical value that may or may not actually exist. Rebates (e.g. you're taxed on theoretical current value, but when you realise the actual gain, you get back the difference if there is any) just moves the problem around, makes everything complicated, and penalise…
It's not hard. Tax the amount the stocks are valued at at january 1. Make exceptions for investments in illiquid things.
What young workers are doing to AI-proof themselves
361–370 of 418 posts
Re: What young workers are doing to AI-proof themselves
#362Earlier quoted context omitted.
That's true, although "progressive taxes" can be construed more broadly. Taxes on unrealized capital gains would be a start.
> Taxes on unrealized capital gains would be a start A start to what? There is no way of taxing unrealised capital gains that makes sense. You're taxing theoretical value that may or may not actually exist. Rebates (e.g. you're taxed on theoretical current value, but when you realise the actual gain, you get back the difference if there is any) just moves the problem around, makes everything complicated, and penalise…
There is - tax it when it is being used as realized gain (e.g. when you get a loan like our billionaires do). fine to leave it alone as unrealized and not be taxed but as soon as you use it as real/tangible thing you gotta pay taxes, it is that simple
Re: What young workers are doing to AI-proof themselves
#363Earlier quoted context omitted.
> make a living fighting with your girlfriends in Salt Lake City. what again?
Probably a reference to shows like 'Secret Lives of Mormon Wives'
Re: What young workers are doing to AI-proof themselves
#364Earlier quoted context omitted.
The Alaskan teacher's union is ranked 15th overall in the US [1]. I'm betting they're just fine, and that any issues are more general "Alaska-problems" than anything specific to teaching, unions, etc. https://fordhaminstitute.org/national/research/how-strong-ar...
Lol; perceived influence is one of the 5 domains being analyzed. That has nothing to do with the protections offered to AEA members in AK. Nonsense research showing how crappy academic research has become
Why are teachers special to merit any "protections" that aren't afforded to all employees, public or private?
Re: What young workers are doing to AI-proof themselves
#365Earlier quoted context omitted.
You sound like you're not a home owner. In populated areas it could take a week to get a electrician or plumber out. And contractors are hard to find.
Don't get fixated on plumbing itself. The point is if a bunch of people rush into any profession it leads to wage depression. Unless the amount of plumbing needed increases, the overall amount of money flowing to the plumbing populace is likely to stay roughly the same.
Eventually. Wage depression does not happen linearly. You're asserting that demand is maxed out and there's no more money to go around, and that's just not true. A lot of people just don't bother because tradespeople are famously difficult to work with because they are so overbooked.
Re: What young workers are doing to AI-proof themselves
#366Earlier quoted context omitted.
Is it actually true that the savings on home maintenance and social services offsets the higher salaries of white collar work? That's kind of crazy if it's true. In the US, you can make pretty good money in the trades, but generally, there are many caveats - you have to be your own boss, preferably with a few employees; you pay your own benefits; you don't get any paid leave; and depending on the trade, you could be…
Right now blue collar work can pay much better than white collar work (in the Netherlands). Not all of course, but construction work and electrician type work, certainly. The labour shortages in construction and the energy transformation are huge. And it can't be solved with immigration because there is no housing.
Still if you go blue collar you have to build your own business.
Re: What young workers are doing to AI-proof themselves
#367Earlier quoted context omitted.
I mean, or you could help build houses instead of drain electricity. One is clearly less lazy and helping humanity more.
Not paying taxes is a drain on society
I am impressed with your compression of the entirety of this conversation down to two values of right/wrong. /s
Re: What young workers are doing to AI-proof themselves
#368Earlier quoted context omitted.
> Doing undeclared work > No paperwork whatsoever > in a position to physically harm you or do damage to your home if you refuse So it's not "blue vs white collar jobs"; it's being a law abiding citizen or not. I know a lot of people who matches what you're talking about, but they all have in common to have their own interpretation of the law. There's not a single thing they do by the books. They're just "blue collar…
I am yet to find any "blue collar worker" who would do this properly and actually give me an invoice or (god forbid) would take a bank transfer to a company account or maybe even a card payment. Literally every single person I have ever interacted with for fixing my house was like "mate it's cash only or the taxman is going to get me". Recently I even needed my rims redone on my car, went to a big autoshop in my town…
Re: What young workers are doing to AI-proof themselves
#369Earlier quoted context omitted.
Is it actually true that the savings on home maintenance and social services offsets the higher salaries of white collar work? That's kind of crazy if it's true. In the US, you can make pretty good money in the trades, but generally, there are many caveats - you have to be your own boss, preferably with a few employees; you pay your own benefits; you don't get any paid leave; and depending on the trade, you could be…
Might be surprising but I am kinda willing to believe it. Since we bought our house, we had quite a bit of work done by professionals. But whenever I can I do things myself. Like I had multiple companies quote me $300-500 based on the job for things that take me maybe 2-3 hours total to do, including learning about it (will be faster next time), getting the materials, and doing the job. When you have a few of these a…
Re: What young workers are doing to AI-proof themselves
#370So a lot of people might lose their jobs because of AI, right? But the same amount of economic output, probably more, will be produced because of AI. By whom will that output then be consumed? If people don't have jobs they don't have money to buy and therefore ... prices will have to come down! Society as a whole will be better off because there is more output, better quality output. Then it's for us to vote in a go…