cascom

13 ms·

91.
by cascom 5y ago
Except that when companies do this, and then ask to be rewarded for making that investment, they are lambasted for price gouging or profiteering…just ask any hardware store that has sat on a pile of snow shovels through the summer in order
92.
by cascom 5y ago
I don’t know how you write an article on this subject and don’t mention this. Argentina, Venezuela, etc. USD/EUR cash is how people save/avoid inflation. Plus USD is the official (?) currency in Panama, and de facto currency in ha
93.
by cascom 5y ago
It depends on what tax you’re theoretically trying to avoid (Your definitely not avoiding property taxes). if you don’t pay tax on the rental income, or capital gains your breaking the law, the question is if the auditors show up, are you r
94.
by cascom 5y ago
+ taxes, its less tax efficient to put assets in France than it is in the US - so why would you?
95.
by cascom 5y ago
Honestly this is not the main issue at all. This is a bad analogy (so bear with me), Let's say you want to operate an anonymous private mail server, having an anonymous shell corp is like registering your domain name anonymously. Sure
96.
by cascom 5y ago
That's a red herring honestly, because you can't actually do much with that entity until you get a tax ID (from the IRS) and a bank account (where KYC is very tight). The point being that from a tax standpoint these "anonymou
97.
by cascom 5y ago
Sure, but they're not getting much if anything out of me + i don't to be impersonated / i just view it as a parking a domain
98.
by cascom 5y ago
I think of that more as visibility than privacy.
99.
by cascom 5y ago
Why would I want to delete my Facebook account? I abhor Facebook, I never log on, I haven’t used WhatsApp or Facebook messenger, etc. for several years, So I don’t feel like I’m giving them any information, but deleting my account only hurt
100.
by cascom 5y ago
Compliance and risk - small organizations don’t even know all the laws/regulations they’re breaking, or in many cases the risks they are taking on. And if they screw something up, it could put them out of business, but it won’t cost 20
101.
by cascom 5y ago
I interpreted the parent post to be more as “sound financial strategy to saving” rather than “good investment” (buying for levered appreciation) Would also note that housing can be affordable nationally, and unaffordable in some markets giv
102.
by cascom 5y ago
I don’t read this as foreclosures are good for the economy. Rather that (among other things) the distortion created by intervention in housing market has a number of significant implications for other parts of the economy.
103.
by cascom 5y ago
I don’t know what the economics look like, but I think the goal is to eliminate deadweight loss from the tax, such that if that tax were imposed only 20% of wells would be economic, vs say 60%. Furthermore i would presume there is tax reve
104.
by cascom 5y ago
This is not a new concept, and this company is not the first mover, for example: https://www.crusoeenergy.com/
105.
by cascom 5y ago
To be clear the gas isn’t flared if it’s powering a generator…
106.
by cascom 5y ago
Probably not, taxpayers spend a couple of BILLION a year just for the helicopters
107.
by cascom 5y ago
This. Often times if you see a little kid fall, you’ll see them look around in bewilderment. Then if they see a horrified scared parent rushing towards them, start crying. Alternatively, if they see a smiling laughing one maybe whine a litt
108.
by cascom 5y ago
I agree. I would have been more inclined to fly jet blue. If you fly all the time status is meaningful (you’re just treated badly, as opposed to being outright abused).
109.
by cascom 5y ago
This is one of those times you want to know what the median case is, not the average. Either way. https://ij.org/report/policing-for-profit-3/pfp3content/forf...
110.
by cascom 5y ago
I think you’re assuming the FBI made a good faith attempt here, when it’s more likely they cherry picked the facts that helped their arguments, ignoring those that didn’t
111.
by cascom 5y ago
Classic video on the subject https://m.youtube.com/watch?v=d-7o9xYp7eE
112.
FBI says seized fortune was criminals’ loot—owners say: Where’s the proof?(latimes.com)
389 points by cascom 5y ago|394 comments
113.
by cascom 5y ago
I don’t think it actually is / or at least is ambiguous in many states.
114.
by cascom 5y ago
Civil and commercial penalties would be a start
115.
by cascom 5y ago
Sorry, the company type has (LLC, LP, LLP, c-Corp, s-Corp, etc) has literally nothing to do with that. Tech start-ups are typically incorporated as c-corps as their structure makes it easier to grant options, startups don’t want to make tax
116.
by cascom 5y ago
Demand drivers: Regular fleet replacement of crashed/old cars + cars for people who used to take public transport + cars for people moving from city to suburbs/ country + strong economy/household wealth increasing demand Supp
117.
by cascom 5y ago
I’m pretty sure for every mail chimp employee that wishes they had pushed for stock compensation, that are scores of other startup employees that wish they had not taken stock in lieu of cash in now worthless start-ups. People just need to
118.
by cascom 5y ago
No idea what KO’s employee comp plans look like, but since it’s public wouldn’t you rather get your comp in cash, and then decide whether to buy stock on the open market? Rather than the company make that decision for you?
119.
by cascom 5y ago
Sure it was the justification, but it makes zero sense as a justification. I’m not saying they should have offered equity, but I think logic is completely flawed and am surprised people bought into that logic.
120.
by cascom 5y ago
I completely disagree. Equity ownership in private companies can be a fantastic thing, and create tremendous wealth, even with no contemplated liquidity event. Just ask partners in law firms or consultancies, or ask yourself if you’d like t

More ›