When you purchase something at a store in California is the city sales tax calculated on the pretax price of the item or post state and county tax?
If you look at other forms of compound tax rates you'll see the same pattern AFAIK.
869 karma · joined September 9, 2010
If you look at other forms of compound tax rates you'll see the same pattern AFAIK.
Yes and no. Texas and Nevada are bottom 10 ranked on federal funding per capita. They also have no income tax. Alaska and Wyoming are top 10 ranked in federal funding per capita. So it's not as black and white as you're claiming. Revenue comes from many sources at the state level not just income: licenses, mineral rights, sales, property, etc..
2) If any employees own equity it's also in their best interests to buyback shares since they'll own more of the company. It also means the founder(s) see a bigger potential pay out in the future and will continue putting all of their energy into the business.
The Buffer team's idea of success became different from the VC's who initially invested -- it's smart to capitalize on this and buy back your cap table if the price is right, you can afford it, and you think the company will succeed.
I assume you mean "trading on margin". Swaps are custom contracts and not something average people are doing. IB definitely supports trading on margin and has one of the lowest rates around to do so.
IB is definitely the choice for someone who wants to have real market access and tools at their fingertips.
I'm in NYC and I send out a calendly link to someone to schedule a meeting A day goes by and I end up buying a ticket to London for next week. Person schedules a time on my calendar for next week based on my availability I've set up in NYC time. I don't realize this until next week when I'm in London and there's a call scheduled at 9pm London time / 4pm New York time.
Ideally I'd be able to drag across my calendar and tell you I'll be in London from Monday-Friday. During that period I want my availability to stay the same relative to London's timezone. So if I usually have slots from 2-4pm available for recruiting calls I want that same schedule to apply in London at the same time. Does that make sense?
Agree this is worth something. I would propose a substantially decreased federal tax bracket (maybe 1-5%) for expats. Sort of like how you pay a decreased vehicle tax when it's not in use.
Yes, without a doubt. He's previously YC by way of Justin.tv / Socialcam / Twitch. If you're good enough to go through YC once and have a track record of success you're a shoe-in for your next venture.
Realistically Kyle would have been accepted to YC without any idea and he would have been wildly successful with Cruise even without YC.
We have a native Mac and Windows app which uses Chromium embedded to wrap our core web app then adds our call stack (based on PJSIP) so you can make sales calls right within the app.
One random idea I was thinking about was regional, industry specific visa committees that would review each application to ensure that we are able to more accurately identify exceptional individuals and filter out the mediocre / low-quality talent.
1) Exceptional — the best and brightest from all walks of life. IIT Delhi to NUS Singapore. Hands down amazing folks who consistently outperformed their peers.
2) Cheap(er), mediocre — predominantly H1B holders from India and China. Varying degrees of output and communication skills. Mostly “slow tracked” for promotion and given the lowest salary in a given position’s range.
My perception is that the startup community has generally ignored group #2’s existence. It’s not very surprising when you consider who the top 5 h1b sponsors last year: Infosys, Tata, Wipro, Deloitte, and Accenture[1]. Most startup folk would likely be surprised since we usually associate tech companies -> Google instead of Wipro.
Logically your thinking is spot-on, but I'm not so sure the truth is so black and white. Consider the psychology of an h1b holder from India who has a 7 year wait to get a green card -- how is that person thinking about aggressive career moves? The answer is that they probably aren't.
I bet if you looked at relative rates of employee churn you'd find visa holders stay with employers longer than their counterparts. They are probably also less likely to push for raises / promotions since their negotiating position is somewhat compromised by them needing another employer to transfer this visa to (possible, but very stressful). There is also likely a sense of indebtedness to a company when someone is first sponsored. This is probably the biggest difference when considering the cost of Group #2 vs similarly qualified domestic labor.
Now consider those top 5 h1b sponsors again -- how does their workforce stack up? My intuition says they aren't the best and brightest from group #1 (don't know how to prove or disprove this just my qualitative observation).
What seems to be happening is that we have huge consulting firms sponsoring labor from Group #2 -- and these companies are run by smart folks. They've developing a well-oiled machine for employing a more loyal workforce, at less cost -- and while the quality isn't as high as it could be, it's good enough to make their business model work. This is the exact opposite model of startups (and large, but highly innovative companies like Google) who want to only hire from Group #1.
As a founder I've experienced the Group #1 labor shortage first-hand but I also worked with Group #2 in the industry and both experiences left me leaving a lot to be desired with our current immigration policy. I see both sides of this debate, but from my standpoint everyone is right. The disconnect seems to be that "anti-immigration" camp is fighting against expansion of Group #2 while startups and innovative companies like Google, et al. are fighting to increase visas for Group #1.
What can we do to bridge that communication disconnect?
The situation in DPRK is a key piece of leverage in our AP policy and without it we lose some amount of influence in the at a time when the US and CN are vying for the region's economic alliances. Given China's recent run-ins over the South China Sea Islands I would also stand to reason that Japan is also not that keen on losing a large U.S. force in Korea either.
These issues will likely only amplify over time as China continues to grow both as an economic and military power -- the U.S. will need to continue to strengthen it's presence in the region and a large part of that is flexing its military clout.
In the US, no politician wants to attempt true tax reform since it's basically a non-starter so instead we have a game of quick-wins. Yes, it makes the public feel good but doesn't actually help simplify the tax code to promote business and limit avoidance ROI.
By the time Ireland's new tax laws become enforceable (2020-ish), you'll see all of these companies re-evaluate their office locations within the tariff-free member states. Who knows, maybe the next Ireland will be in Liechtenstein, Turkey, San Marino, Monaco, or Andorra -- I think they are non-EU but participate in the single market.
The iterations of corporate tax avoidance are pretty fun to watch -- and even more interesting to try and understand. Can't wait to see what the lawyers cook up next:)
It might be that wholesale rates are capped but it clearly isn't pushing prices down for consumers who want to call into mobile numbers.
The more interesting question I have is why would it cost 26c/min to call a mobile phone? And since each carrier prefix may have a different cost, how do consumers keep all these prefixes / carrier rates straight in their heads?
Edit: I'm looking at flowroute, plivo, and twilio.
The TrackingPoint system is pretty awesome especially since it's tech which is available today and has some pretty neat applications such aiming through another device: http://www.military.com/video/guns/rifles/trackingpoint-shot...
Python != PHP
If you've ever paid attention to the wrists of the SF hipster crowd vintage digital/calculator watches are common. American Apparel even sells them in store: http://store.americanapparel.net/category/index.jsp?catId=ca...
Intentional or not, the silver watch is a nice throwback while the matte black is distinctly modern IMHO.