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foobarbazetc

2,535 karma · joined March 31, 2010

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foobarbazetc··on Software firms across US facing tax bills that threaten survival
That’s if you could have afforded to pay the tax on the $2,000,000 of phantom profit you had until this point, which no one can.

You don’t get that back unless you somehow fire everyone so you can offset income and expenses without more amortization.

foobarbazetc··on Software firms across US facing tax bills that threaten survival
Uhhhhh… every single one up until this change.
foobarbazetc··on Software firms across US facing tax bills that threaten survival
That’s literally the point of this entire thread.

This change taxes you on profit you never made, and specifically targets software companies.

It’s insane.

foobarbazetc··on Software firms across US facing tax bills that threaten survival
It is insane.

If they don’t fix it a lot of companies (and their owners) are going to go bankrupt.

foobarbazetc··on Software firms across US facing tax bills that threaten survival
Also: this specifically singles out software development for ??? reasons.

Office Manager: 100% expense.

Software Engineer: 20% over 5 years (actually only 10% for the first year).

If they’re international then 6.67% over 15 years.

Not only that, but the effect “stacks” over the years.

  So year 1:

  1,000,000
  - 100,000
  ————————-
    900,000 Profit

  Year 2:

  1,000,000
  - 200,000
  - 200,000
  - 100,000
  ————————-
    500,000 Profit

  Year 3:

  1,000,000
  - 200,000
  - 200,000
  - 200,000
  ————————-
    400,000 Profit

  Year 4:

  1,000,000
  - 200,000
  - 200,000
  - 200,000
  - 200,000
  ————————-
    200,000 Profit

  Year 5+:

  1,000,000
  - 200,000
  - 200,000
  - 200,000
  - 200,000
  - 200,000
  ————————-
          0 Profit
By the time you get to year 5, you’ve paid tax on $2,000,000 of phantom profits you never had.

If you’re a C Corp that’s $420,000 in extra federal taxes (plus whatever state tax).

If you’re a smaller company you’re probably a S Corp and federal and state tax could be ~50% passed through to your personal return.

How any owner survives that, I’m not sure.

foobarbazetc··on Trademark Actions Against the PostgreSQL Community
Also, the core team should use their Canadian (or whichever country they have earliest file date in) to file for a WIPO/Madrid mark.
foobarbazetc··on Trademark Actions Against the PostgreSQL Community
There’s literally no way any of the filed trademarks will be granted if the core team files opposition.

Don’t waste your time “negotiating”.

foobarbazetc··on My £4 a month server can handle 4.2M requests a day
Yeah. Now that CPUs are insanely powerful and you have NVMe SSDs etc the bottleneck is always memory.
foobarbazetc··on Akamai Edge DNS was down
Absolutely amazing how many billion $+ companies are single homed for DNS.

I wonder how much they spend on multi-AZ redundant architectures...

foobarbazetc··on Ask HN: Do you regret moving to the US compared to Canada or Europe
I moved to the US from Australia (not entirely my decision -- long story) and I regret it every day.

If I was picking today I'd move to New Zealand.

Optimize your life for happiness instead of money.

foobarbazetc··on A Short Guide to Iraq (1943)
“YOU HAVE been ordered to Iraq (i - RAHK) as part of the world-wide offensive to beat Hitler.”

I always laugh when Americans say eyeRaq or eyeRan.

But apparently this incorrect pronunciation goes all the way back to 1943. Wild.

foobarbazetc··on GOP Rep. on cyber committee dumped MSFT shortly before $10B contract scrapped
It doesn’t even matter because Congresspeople can “insider” trade like this —- it’s not illegal.

I think Sen Gillibrand has a bill to address this called the STOCKS Act which she introduces every Congress but it never goes anywhere.

foobarbazetc··on Increasing HTTPS Adoption
I know it's just another test, but the constant changes to the lock icon/indicators that a connection is secure are becoming annoying...
foobarbazetc··on Where’s the Apple M2?
Weird take —- kind of the “640kb should be enough for anybody” but about one specific CPU that we know is about to get replaced with the M1X/M2.

Unsure what the point is here.

And there are plenty of workloads which are easily parallelizable across cores. Like compiling things. Or just running multiple programs at once.

Which you can see by typing “ps”.

foobarbazetc··on Scenarios in which Tesla FSD Beta 9.0 fails
The thing is... everyone knows this.

The people writing the code, the people designing the cars, the people allowing the testing, etc etc.

What we're seeing in these videos is basically unusable and will never be cleared to drive by itself on real roads.

It's just the "the last 10% takes 90% of the time" adage but applied to a situation where you can kill the occupant of the car and/or the people outside it. And that last 10% will never be good enough in a general way.

foobarbazetc··on Scenarios in which Tesla FSD Beta 9.0 fails
This thing is like 10 years away from being actually usable, if it ever gets there.
foobarbazetc··on Covid: Children's extremely low risk confirmed by study
I've seen 4 other studies that say the exact opposite.
foobarbazetc··on Wells Fargo is shutting down all lines of personal credit
It's just a broken, entrenched system.

I personally know a CEO who moved to SV, was worth something like $100m+, and the bank wouldn't give him a home loan because he didn't have the right credit score yet.

He was literally building his credit with an Amex using their global transfer system.

On the other hand, FICO scores are so easy to game that once you get a couple of cards going, you can leverage those to get more cards, etc, etc and optimise your score that way.

foobarbazetc··on Senior Google exec opposes remote work, moves to New Zealand to work remotely
Even FAANG exec's aren't allowed in, last time I checked. NZ doesn't care about that sort of thing. Only if you have $$$ to put in somewhere.

But maybe things got loosened up a little bit lately, pre-Delta, plus we don't know where Urs has citizenship.

foobarbazetc··on Senior Google exec opposes remote work, moves to New Zealand to work remotely
I just want to know how he's getting into NZ since the border is closed to non-citizens and people who can't prove existing residency.

Asking for a friend, who's me, also trying to move to NZ. :)

foobarbazetc··on A Twitter addict realizes she needs rehab
I quit Twitter on March 20th and it was the best thing I’ve done in a long, long time.

The funny thing was that it starts sending you random notifications from people you don’t even follow or have the bell on for as a dark pattern to get you to come back.

What I realized is — like how I quit reading the news many years ago — everything on Twitter is pointless and ephemeral.

From one outrage cycle to the next, never relenting. Everyone always mad about some meaningless minutiae. If it was actually important it would surface by some other means so I never missed anything.

Then I’d go outside and everyone’s living their lives like Twitter doesn’t exist.

It’s easier to do than you think. Lock your account, turn off notifications for the whole app, and do literally anything else.

foobarbazetc··on I do not agree with Github's use of copyrighted code as training for Copilot
We’re going to see license additions that explicitly ban ML from being trained on the code soon.

Fun.

foobarbazetc··on Intuit to share payroll data from 1.4M small businesses with Equifax
Not only do they have your salary info, they have it all broken down by frequency, gross pay, net pay, benefits, etc.

You can also see which credit card issuers run an inquiry on The Work Number if you pull your file, but you don’t get any sort of notification and there’s no way to monitor it.

foobarbazetc··on Entrepreneurs don’t have a special gene for risk, they come from rich families
This reminds me of one particular company where the press friendly founder back story is all about bootstrapping with credit cards when in reality both founders had millionaire parents who had invested a whole bunch into it.
foobarbazetc··on Globally Distributed Postgres
Just to be clear, I'm not trying to say it's bad or whatever. It's super cool! I'm a big fan of fly.io.

I just don't see how something like this actually works in a way where you can reason about transaction ordering without global serialisation of requests against the writable database, which I presume isn't happening behind the scenes?

Basically, this would seem to work great if every request did INSERTs only and you based no logic to run INSERTs on anything you SELECT'ed from the read only replicas.

But you could have situations where, e.g., you DELETE or UPDATE something in a request to one region, and it goes to replay that against the writable region, and in "replay gap" another request modifies the same rows or objects, and based on various factors such as latency etc, a DELETE ... WHERE or UPDATE ... WHERE clause might no longer hold. Or you UPDATE the wrong objects, or DELETE the wrong data, etc.

I did read the post, but I guess I need to re-read it. I have written a globally distributed database before so I'm always intrigued by how these work. :)

foobarbazetc··on Major Linux RPM problem uncovered
Ehhh… “major” is kind of pushing it.
foobarbazetc··on Globally Distributed Postgres
I think most database engineers who think about ACID/isolation levels/etc would look at this and go "uhm... jumps out a window" but for a subset of users I guess it kind of works?

I don't really see how a transaction that performs reads and writes can be replayed like this with any sort of guarantee about anything, though.

And there's no opportunity to build any sort of conflict resolution in there because the replay is automatic.

Maybe I missed something though?

foobarbazetc··on Ask HN: Canada Departure Tax
Gotta talk to an accountant/tax person.
foobarbazetc··on NYC election board didn't remove test data from election results
Whoever wins this primary is almost certainly guaranteed to win the general, so it's pretty much the same set of stakes.
foobarbazetc··on NYC election board didn't remove test data from election results
I mean this whole thing makes zero sense in the first place.

Why are you moving on from the first round when you don't have all the absentee votes (~120k outstanding votes) counted yet?

I get that it's their first time running RCV and all, but this is basically a non-issue when SF runs elections.

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