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solstice

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solstice ,

It’s somewhat accurate to say “every penny they make is taxABLE to Uncle Sam” which is different from saying 100% tax rate. Americans living outside the US still need to file a tax return and report all their income, and pay tax on it to the US, even if it is from a foreign source. That said they could claim the foreign tax credit if they paid tax to a foreign regime on that income already, or the foreign income exclusion under some circumstances which would reduce their taxable income to the US.

solstice ,

Calm down professor. The US is one of the only countries in the world to tax worldwide income, even if they are a nonresident of the US. That is NOT how it works in every country.

Here’s a pretty good article about it from the WSJ if you want to educate yourself on the subject: www.wsj.com/articles/BL-WB-34630

solstice ,

You’re a very unpleasant person.

solstice ,

Well thank god we don’t have any Death Panels from Obamacare though!

solstice ,

You’re not, Lemmy is just filled with young naive quasi communist morons. It’s really breathtaking how dumb this community is, financially.

solstice ,

…How does that work? Who pays for the lumber, cement, electrical, plumbing, etc?

solstice ,

Should people get free housing at 92? At what point does a squatter get a free pass? Should we force the owner to give charity to the elderly squatter? What makes her more deserving than, say, Doctors Without Borders?

solstice ,

She was there first?!? It’s the owner’s building! What does “easily afford to lose that building as a tax write-off” even mean? What do you know about tax? I presume zero based on your comment. smh

solstice ,

Ok so govt is the landlord then, got it. Who gets to decide who gets free housing? Housing inventory is limited so somebody is going to be homeless. Seems like the govt agency, or worse, agent, has the keys to the kingdom and wields a lot of power in your scenario.

solstice ,

What does that even mean? Concrete, lumber, electric, plumbing, plus location location location that everyone else wants. How can it NOT be a commodity with fluctuating prices based on basic market forces like supply and demand? Explain

solstice ,

You didn’t answer the question.

solstice ,

So govt forces owner to donate to 93 year old squatter charity instead of donating to a different charity of their choice. Still a forced donation because money is fungible, doesn’t matter who got there first.

The tax write-off bit means being rich enough that donating the building to charity won’t even make a dent in their wealth

Codify that. Ready set go.

solstice ,

Who pays is a very valid question because right now you guys are all saying the owner should pay instead of the squatter. Then you go on to talk about tax money which implies the govt should pay. We live in a world of finite goods and resources which is why things are the way they are. These comments are like letters to Santa.

solstice ,

I read something recently analyzing what tends to happen when there’s tons of artificially cheap public housing. Market forces determine housing prices regardless of government interference, so when the govt rules by decree that their public housing will be cheaper, the price differential doesn’t go away, it just changes form. And more importantly, it changes hands. The price difference changes form from money into power, and it changes hands from the landlord into the govt agency or official in charge of determining who gets to live there and benefit from the lower cost. Make sense?

I don’t disagree that housing costs are out of control. I think everyone is missing the point though, and the cause. It isn’t mean rich people being evil bastards charging people too much. Right now what we are seeing is the natural result of decades of exponential economic growth. Real estate is an asset like any other with prices strongly positively correlated with other asset classes. If everything is growing exponentially like equities, of course real estate is going to grow along with them. I don’t know what the solution is, but it certainly isn’t anything suggested in this thread.

solstice ,

Man it’s always govt with you people. I challenge you to codify your feelings into actual policy with facts and figures rather than loaded emotional imagery like ‘govt should pay for housing for everyone.’

solstice ,

Right, if only this mean rich person would go against their best interest and do something stupid. But they didn’t because there’s zero incentive to do so, because what you and everyone in this thread is suggesting is a bad decision to make of one’s own free will. So other folks are arguing the gov should step in and, what, force the owner to rent their unit to the squatter for free just because she’s old I guess?

I challenge you to codify your position. Meaning, if someone is over X years of age they get free rent? Or the gov pays their rent? Or if someone is over such and such net worth they have to give free rent to people? Or something? You’re just not making any sense and you’re arguing out of pure pathos, emotionally laden incoherent thoughts that you can’t build a functioning economy out of.

solstice ,

the government should control the property and not charge rent. It’s not that hard to understand

Yes it is hard to understand because we are having this conversation despite it being a ridiculous idea. If the gov controls the property and doesn’t charge rent, it doesn’t lower the cost. The value of that property doesn’t go away. It just changes hands from the private owner into the gov agency (or worse, agent) who controls who gets to live there. Imagine a neighborhood where everything costs $10k/month to live there, but you control who gets to live in that one place that costs $1,000/month. Think of how powerful a position that is. The value of that rental property didn’t magically disappear just because the government waived its magic wand and said so. Economics doesn’t work that way, and it’s really frustrating talking to people who don’t get this. You can’t solve these issues by decree.

solstice ,

If you’re talking about eminent domain, the gov has to pay fair market value for the assets it takes, at least in the USA. So you’re just flat out wrong using that as an example because in this context you guys are talking about the government forcing someone to provide something to somebody else for free, or just seizing their property (!) to do it themselves.

I’m looking for you to be able to articulate a specific rule or set of rules with hard numbers and thresholds that applies to literally everyone. You can walk around all you want saying rich people are big bad meanies and should give this poor woman free housing. But it turns out people will always act in their own rational self interest, and until you can figure out a way to codify your values into law, you might as well be writing letters to santa. I wish everything were perfect and nobody wants for anything, but the universe just doesn’t work that way. It’s hard to believe there are so many people naive enough to not know this by now.

I’m definitely in the wrong place because all I’m hearing is a bunch of morons.

solstice ,

No, all you’re doing is shifting power from the big bad mean rich landlord into the hands of the government agency or agent in charge. How do you not understand that? No matter what there’s going to be an asshole with too much power/wealth.

solstice ,

They call it “Lincoln’s Tax War” in the South.

solstice ,

I just told the truth. Personal time off, health and wellness, weight loss, surfing, travel, and yes vibing doing nothing.

It went over well. Most interviewers were more interested in that than my professional experience. Most people can’t do that and want to know what it’s like.

For my part, I don’t want to work for/with people who look down on that sort of thing.

Warning: my resume is extremely strong so I have a lot of leverage. YMMV

solstice , (edited )

Personally I feel like it’s less about exposure to extreme gore and porn and stuff like that. It’s more about the constant barrage of awful shit happening all over the world. Some stupid thing some politician said, police brutality, an asshole on a plane, etc. Our brains just weren’t designed to handle so much stimulus overload. I’m not a psychologist or whatever but that’s my opinion.

solstice ,

Fuck her, fuck RBG, fuck McConnell, fuck Biden, fuck Trump, fuck every single one of these dinosaurs who will be dead long before they see the result of their actions.

solstice ,

Don’t worry, lemmy definitely beats Reddit in the socially maladjusted toxic asshole department.

solstice ,

Some of the people here are downright scary in how toxic and antisocial they are. I just got called a social vampire in another thread for having the audacity to say I personally want to return to office because I miss learning from colleagues, which just doesn’t really happen when everyone is wfh. I’m pretty introverted myself but holy shit, the vitriol was intense. Unbelievable.

solstice ,

I truly enjoy a good debate “in good faith” where both parties lay out their positions and defend themselves and challenge my views. There’s very little of that here. Just pure unbridled rage.

solstice ,

I said I miss learning through osmosis, when you hear colleagues talking about something you may have heard of or read about but never seen in real life. So you get hands on practical real life experience on new concepts - or vice versa, teach someone else something new. You know, a healthy exchange of knowledge and ideas to help each other learn and grow. Fuck me, right?

This guy posted a 3000 word rant about how much he hates me, and he’s going to need weeks to prepare for that mentally and make sure he’s got the right outfit on and knows what kind of soda to offer me. Like dude wtf…

solstice ,

I remember looking up “things to do instead of drugs” on some anti drug website once back in high school. Pretty much all of the suggestions had to do with playing in snow. We lived in the tropics with zero snow. So we bought an eight ball and went skiing instead.

If you resold Taylor Swift Eras Tour tickets, the IRS is watching — A new rule from the IRS is punishing those who resold tickets for more than $600 in profit with a tax penalty (gizmodo.com)

If you resold Taylor Swift Eras Tour tickets, the IRS is watching — A new rule from the IRS is punishing those who resold tickets for more than $600 in profit with a tax penalty::A new rule from the IRS is punishing those who resold tickets for more than $600 in profit with a tax penalty.

solstice ,

All that happened here is they lowered the reporting threshold to cast a wider net and force people to reported income they otherwise could have just not mentioned. It’s not quite like flipping a switch but it’s relatively easy to comply with, and relatively easy to enforce. “Fixing taxes” is significantly more complicated, to say the least.

solstice ,

It’s super easy to implement, comply, and enforce this. Like almost automated levels of easy. It’s significantly more complex and requires tons of resources and expertise to go after the whales as you say. Resources they just don’t have. Resources that might be wasted if/when it turns out the taxpayer is fully compliant within reason.

It’s not about double standards, it’s purely logistics and resources - at least on the IRS side. Congress is responsible for their funding, or lack thereof, and it doesn’t take long to figure out who’s responsible for the lack of it. So I’d encourage you to focus your ire on the response political party, not the IRS itself.

solstice ,

Yeah this is completely normal and not at all anything to flip out about. Honestly I’m surprised the reporting threshold was ever $20k to begin with. The 1099 reporting threshold for contractors has been $600 for over a decade now so I would’ve assumed the same for scalpers.

solstice ,

Right, well, anyway, the IRS budget just got a huge increase under the Biden administration new budget. They’re finally hiring a ton of new agents and updating their ancient tech etc. The R party fought tooth and nail against this and there’s an active smear campaign to make the average person afraid they’re coming after you. R’s managed to reduce the budget increase which is going to reduce the IRS ability to go after the whales, as you were griping about in your original post.

solstice ,

irs.gov/…/irs-announces-sweeping-effort-to-restor…

The complex structures and tax issues present in large partnerships require a focused approach to best identify the highest risk issues and apply resources accordingly. In 2021, the IRS launched the first stage of its Large Partnership Compliance (LPC) program with examinations of some of the largest and most complex partnership returns in the filing population. The IRS is now expanding the LPC program to additional large partnerships…By the end of the month, the IRS will open examinations of 75 of the largest partnerships in the U.S. that represent a cross section of industries including hedge funds, real estate investment partnerships, publicly traded partnerships, large law firms and other industries. On average, these partnerships each have more than $10 billion in assets.

Believe me when I tell you a partnership with $10b assets is insane. Auditing that is extremely labor intensive and requires a ton of highly specialized skills and that all requires resources.

There’s really nothing left to argue here so please just take this at face value and move on.

solstice ,

Yeah aka market correction to reach equilibrium. Nothing to see here, move along, move along.

solstice ,

That’s what I was paying in a small college town about twenty years ago. I doubt if we’ll ever see that again. I just checked and that building isn’t even there anymore. Looks like they tore it down and put in some luxury student housing (!) for around $1600/month. Wtf.

solstice ,

Well the market disagrees with you. And as long as people are forking over $1 million for a starter home and all other equities and commodities are at all time highs, prices won’t budge.

solstice ,

…wow man. Just wow. Holy fucking shit.

makes you most at ease and least aggressive?

Said the lunatic posting multiple thousand word rants.

programming language

I’m not a programmer and it’s funny you assume I am, but I’m not the least bit surprised you are.

Stay the fuck at home and get some therapy, jfc

solstice ,

It takes a village I guess. Good luck with the whole ‘hating everyone and everything’ situation, hope you all find jobs with zero human interaction whatsoever 👍

solstice ,

Learning by osmosis

So what is the link between osmosis and delegation? It’s very simple. Take your busiest employee and — assuming you hired smart people — physically put this superstar with one to two team members who are intelligent but possess minimum skills to complete a task or their job. I’ve seen that at the end of one day, the employees who started with few skills will have learned something new that they can likely do again independently. The idea is dependent on your employees being motivated to try, rather than sitting and watching someone work while they create no additional value.

I guess that definitely rules you out! Hope you know everything because with your attitude idk how you can possibly build professional relationships. I know there’s toxic people online but goddamn you’re one of the worst I’ve ever encountered. I’m done here, just wanted to point out the technical value of, you know, not being a fucking asshole to colleagues by calling them friggin vampires.

solstice ,

Right, so you can choose an outfit and figure out what kind of soda to offer, whether to use iambic pentameter or perhaps haiku, etc. you mentioned that.

Here’s how it could go:

Steve: Hey Bob, I just heard you’re working on a flux capacitor. That’s really cool, I’m more of a warp core guy but I read an article on the holonet about that last week. How’s that project going?

Bob: It’s real tough, we gotta feed this 1.21 giga watts of electricity so I’m working on a Tesla coil to power it.

Steve: Oh no way, you know, I actually just built one last month on another project, I’ve never worked on a flux capacitor before but I can help you with the Tesla coil if you want.

Bob: Oh yeah sure thanks that’s real helpful. I’m just getting started so it’s still in planning phases but I’ll come grab you in a bit.

Steve: Awesome! Mind if I watch you work a bit? I’ll stay out of your way since I can’t add much value, I just like watching people who are good at what they do while they practice their craft. And it’ll help me if I ever encounter this in the future

Bob: Oh you know actually I’m sorta uncomfortable with that, makes me feel on the spot. How about I show you when it’s done? I’m happy to go over the designs and final product and stuff when I have something to show for it.

Steve: Sure great awesome that works! Doesn’t have to be anything formal, just a quick rundown of the basics and maybe how you resolved some technical issues with creative workarounds, stuff like that. You can wear whatever you want, don’t need to dress up fancy for me. You don’t have to feed me or offer drinks or anything either, super chill, just a few minutes to skim over your work.

Bob: Cool man, that works, any time. By the way, how’s that warp nacelle coming alone? I hear the Heisenberg compensator is acting up again.

Steve: Yeah it’s being a little bitch but I’ll show you once it’s done. Everyone wins!

See that’s how it could go if you weren’t a toxic antisocial insane person. Just talk to colleagues about projects, learn, share, collaborate. But instead you drop thousands of words of toxic vitriol overthinking the shit out of it. Going from shooting the breeze with colleagues to planning month long lesson plans and Ted talks down to what outfit you’re gonna where, what accent to use (?), something about perfume…seriously man, get thee to a therapist and eat a Xanax, please l. You’re in dire need.

solstice ,

Should be picturing Milton from office space? Because that’s the vibe I’m getting. He seemed alright (except for that whole setting the building on fire thing) and wasn’t socially inclined.

And to be clear I don’t see how briefly sharing work related info is socializing. I’m not asking for a drink at Tchotchkes, it means helping each other learn new things informally without a Ted talk.

solstice , (edited )

That’s funny. I’m a tax accountant. Until now I would’ve guessed my industry had some of the most malignant socially incompetent people but I’m clearly wrong. And come to think of it, even the worst most closed off unapproachable people I’ve ever worked with have always been excited to talk about their work, like it’s the one thing they’re comfortable going on about. I’m not asking for a beer at tchotchkes (I too maintain space from colleagues because of the conflict of interest with work in between).

Again, stay the fuck at home, I’ve never encountered such toxic loathing for any kind of human interaction before, I wouldn’t want you in the office with that kind of attitude. Congrats, Dobby is free, you never have to wear pants or look presentable again.

solstice ,

Nah these guys are right, y’all should wear turtlenecks out there because I’m a friggin vampire come to suck your life force 🤣 jfc

solstice ,

I get along perfectly fine in an office setting with almost everyone.

I somehow doubt that. You need three weeks to prepare your outfit and soda choices for something that could be a five minute conversation. I’m over this, you win, PLEASE stay the fuck at home.

solstice ,

Then please, pretty please, stay the fuck at home too. I knew a bunch of people preferred WFH for practical reasons and to avoid commuting but holy fucking shit I never knew there were so many straight up toxic maliciously antisocial people out there who need three weeks to prepare for any kind of human interaction even if it’s just “hey jim take a look at this once in a lifetime situation most people will never see outside of a textbook.” This place is horrific, I’m blocking this community and might leave lemmy entirely, holy shit.

solstice , (edited )

You’re in dire need of a xanax. Blocking you and this awful place, what a bunch of lunatics, goddamn.

solstice ,

Where’s the block button again? Oh there it is.

solstice ,

Fuck your stupid pink and blue hair lol that’s how I came up with that

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