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JetSpiegel

3,509 karma · joined November 5, 2013

JetSpiegel
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JetSpiegel··on Wealth Distribution in the United States
Eh, it's not that linear.

Remember when Michael Bloomberg spent 500 million dollars to be on the Democratic debate, and Elizabeth Warren burned that money down with a single zinger?

https://www.youtube.com/watch?v=QD4csGWPo6o

JetSpiegel··on We need a real GNU/Linux (not Android) smartphone ecosystem
Then change from the bank equivalent to MVNO into a real bank with a website.
JetSpiegel··on How We Found Bin Laden: The Basics of Foreign Signals Intelligence
Do you doubt that a million iraquis died in the war that lasted almost a decade? How many people died in Ukraine or Gaza in a couple years?
JetSpiegel··on How We Found Bin Laden: The Basics of Foreign Signals Intelligence
Just make sure not to fly to Hong Kong from there.
JetSpiegel··on AnandTech Farewell
Indeed, I agree.

A private founder-owner-CEO combination (like Steam) might be the least vulnerable organization to many of those ills, short of a cooperative (not sure it counts as private ownership).

JetSpiegel··on Telegram boss banned from leaving France in criminal probe
Persona non grata that cabinet ministers are clamoring to be "rescued"?
JetSpiegel··on AnandTech Farewell
And yet, https://www.youtube.com/watch?v=Sl6en1NPTYM
JetSpiegel··on AnandTech Farewell
Steam is not owned by private equity.

A private company is not a corporate raider.

JetSpiegel··on AnandTech Farewell
Can you even buy physical copies of streaming shows? Or online news? Or podcasts?
JetSpiegel··on Just use Postgres
Amazon, Google, and Microsoft can do anything, snuffing out some mid company is the least of their crimes.

> not contribute anything, and reap all the profit

Yeah, it's called capitalism. What's their stance on Lina Khan breaking up the monopolies? Have they written letters criticising Reid Hoffman for pressuring Kamala?

JetSpiegel··on Eating the Birds of America: Audubon's Culinary Reviews of America's Birds
You mean that Aardman film with Darwin the badguy who wants to eats the dodos is based on real life?
JetSpiegel··on Microsoft donates the Mono Project to the Wine team
The aircraft carrier will hit the shallows, but that massive inertia can "carry" it for decades without any new thrust.

Remember when Microsoft was able to fight off the Web with piss-poor Internet Explorer? Until it didn't.

JetSpiegel··on Arrest of Pavel Durov, Telegram CEO, charges of terrorism, fraud, child porn
https://twitter.com/AmbRusFrance/status/1827628382617481284

Well the embassy is complaining about this arrest, so maybe that's just counter-intelligence.

JetSpiegel··on Arrest of Pavel Durov, Telegram CEO, charges of terrorism, fraud, child porn
So he left Russia over political interference on his companies, but then he is arrested in France and the Russian state intervenes in his favour? What gives, does he want government interference or not?

Just another guy to be traded to Russia in the next prisoner swap.

JetSpiegel··on What is an SBAT and why does everyone suddenly care
Is that the same company whose CEO said Linux was a cancer?
JetSpiegel··on Mike Lynch's co-defendant in fraud trial 'fatally struck' by car while jogging
Paulo Portas still has his cushy prime-time pundit job to this day, he's in line for the presidency.

His stack of photocopies protects him from any whistleblowing...

JetSpiegel··on 'Kafkaesque': bank blocks cash transfer, saying it could be an AI scam
> you did something the government didn't like

Like storming the US Capitol, or blocking Canadian roads, these kinds of "political views"?

JetSpiegel··on Nvidia reportedly delays its next AI chip due to a design flaw
The FTC monopoly team has fangs now, so behave or get broken up in the next few years.
JetSpiegel··on Portugal brings back tax breaks for foreigners in bid to woo digital nomads
Agreed, but regular immigrants would be a better fit I think, can you imagine the culture shock of some white collar laptop worker to live in Castelo Branco?

I'm a laptop worker and wouldn't want to live in some rural area, I left for the big city on purpose!

If the immigrant comes for a rural area, the adaptation would be simpler, I guess. That would require supporting people with brown skin, so it won't happen.

JetSpiegel··on Portugal brings back tax breaks for foreigners in bid to woo digital nomads
> Just income tax is capped at 20%.

But why is it capped? Are they refugees? Do they need help? Do they have families?

The income tax law is clear, we have progressive taxes. From each according to its ability. The party that proposed flat taxes ammended it's program to remove it when it would result on a tax increase on workers earning less than 1000€. It's immoral and violates the constitution.

> It's not limited to "expats" or "wealthy" or "immigrants" or "non-immigrants" some limited class of people.

> And besides, again, they have paid already more in absolute terms, than an average citizen.

It's both an incentive and they pay more, a magical elastic number, both high and low.

Can a Uber driver claim that? Or a guy delivering food for Uber Eats? Or a dude working on a grocery store? Because those immigrants are already here, contributing to the economy even when treated like criminals, some have their families even. They don't get any tax breaks because they barely pay income tax, their wages are not high enough (bit still better than their native countries).

This is embedded on the proposal, it's for relatively rich people only, because it affects income tax.

I don't see any justification other than tautology "it's legal because the government decreed it". I'm not contesting the legality, just show the receipts. This was implemented before, and it only increased the housing prices.

> Anyone with a profession in demand could have gotten the status.

And work for a foreign company, interacting professionally with zero natives? How does this improve the local economy? Unless their jobs are barista, barman, chef.

I could even accept getting tax breaks for opening a company employing humans, even though it is unfair to existing companies. But it's not even that, it's tax breaks for living in a resort.

> I don't know historically why this has been decided

I do: a minority government flush with cash from the previous government (another faction of neoliberals) will be voted out at the end of the year, so they are pissing away that money to remain in power. There's no time to evaluate the proposals, they just repeat what was done before and reverted for good reasons.

There's no population outflow, we have positive net migration. The outflow was during the austerity years, that's why there are less doctors, nurses.

The aging population cannot afford medicine, they are not leaving either. These kind of policies drive the young people away, why subsidise some rich expat to live in my own country? It's better to move to a high CoL area, pay more taxes, but earn much more money anyway. Why don't these countries implement NHR schemes too, don't they want those coveted high earners.

> Who's going to pay the taxes needed to sustain aging population?

Not the expats, if they have tax breaks. They will cost money!

JetSpiegel··on Portugal brings back tax breaks for foreigners in bid to woo digital nomads
Yes, if the tax rate was 0, all Americans would move to Portugal. It's only economically efficent.
JetSpiegel··on Portugal brings back tax breaks for foreigners in bid to woo digital nomads
Is the number of sallaried employees smaller than the number of companies? I bet it is.

Every film is technically a company, it's easier to account for expenses that way.

JetSpiegel··on Portugal brings back tax breaks for foreigners in bid to woo digital nomads
> you'll see that private capital formation always played a critical role

Portugal's previous economic successes have always been state-adjacent, as every single other place on Earth: CUF had state monopolies, EDP, PT (state monopolies), TAP (state owned). Just like Silicon Valley, there's nothing private about takin money or privileges from the state and selling it as "hard work".

JetSpiegel··on Portugal brings back tax breaks for foreigners in bid to woo digital nomads
Do they? The point of digital nomads is to live anywhere, so they won't be attached to their location.

It's the Danegeld, why should we want to attract those people?

JetSpiegel··on Portugal brings back tax breaks for foreigners in bid to woo digital nomads
Yes, Dubai figured their infrastructure so well, their airport was closed for days when it rained.

Singapure is a dictatorship fuled by Chinese money, should a NATO country be supported by them? Will the US invade if we sold them the abandoned American base in the Azores?

JetSpiegel··on Portugal brings back tax breaks for foreigners in bid to woo digital nomads
The "corrupt public sector" has been focus of complaints at least since the 19th century, across three regimes, but the number of children living on their parents' homes increased after the foreigners with laptops bought the damn houses, either directly, or through real estate funds.
JetSpiegel··on Portugal brings back tax breaks for foreigners in bid to woo digital nomads
> The majority of taxes collected in Portugal come from VAT and not income taxes.

That's a bold face lie, unless by majority you mean less that 50%.

https://info.portaldasfinancas.gov.pt/pt/dgci/divulgacao/est...

For 2020, IRS+IRC 13B+4B IVA 16B.

---

30% of working people don't pay income tax because they are on the first income bracket (minimum wage or less), but they still pay VAT, 23% in the highest rate. The deductions don't come into play if you don't pay tax at all.

The injustice is simple: "digital nomad" earning pays VAT and minimum income tax, but leeches off roads, socialized healthcare, our nice climate. A citizen earning the same wages for the same job pays VAT and income tax, subsidizing the tax leech. Meanwhile, the immigrants with low wages are treated like criminals, but they don't even get that special tax rate, because they don't pay income tax!

Why should a poor country like Portugal subsidize immigrants from rich countries, but punish those from poor countries? The Americans that want socialized medicine and maintained roads can spend the money on their own country, our pay their fair share like other people living here.

JetSpiegel··on Portugal to reintroduce tax breaks for skilled foreigners
The other ruinous tax breaks also cover millionaires under 35. 1 billion euros per year given to rich people.
JetSpiegel··on The 1904 Olympic Marathon (2012)
Are those the electrolytes that plants crave?
JetSpiegel··on Julian Assange has reached a plea deal with the U.S., allowing him to go free
1e13 dollars is not that much money, it's just 10 Instagrams, or a quarter of WhatsApp.

It's not enough to move the needle on the dollar value, it's barely more than a buck per person om earth.

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