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dlp211
searching PlanetScale…
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241.
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by
dlp211
5y ago
Um, no: https://fred.stlouisfed.org/series/MEHOINUSA672N Median household income is greater than it has ever been.
242.
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dlp211
5y ago
Because the math doesn't work out.
243.
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dlp211
5y ago
There is no such thing as asset inflation. If the price of assets is going up, then they are going up. It sucks that housing is considered an asset (it shouldn't, it should be a consumable) but that is the long and short of it. And you
244.
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dlp211
5y ago
1. Marginal tax rate. Effective is much lower. For example, I am in the 24% marginal bracket(almost in the 32% bracket, but my effective tax rate is below 15%. 2. FICA-SS makes up the majority of FICA tax and caps out at ~$140k which means
245.
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dlp211
5y ago
Except we don't just print money and give it away. The money is borrowed (backed by some asset), and this distinction matters. IOW, the money that gets printed is (generally) non-inflationary. Stop using what you learned in your Econ 1
246.
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dlp211
5y ago
Since this is based on US spending I am assuming you are talking about US taxes, in which case, no you are not paying 55% in taxes.
247.
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dlp211
5y ago
BLS says closer to $250k using CPI. https://www.bls.gov/data/inflation_calculator.htm
248.
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dlp211
5y ago
SCOTUS didn't rule in favor of Masterpiece on freedom of religion grounds, they ruled that the Colorado commission didn't exercise religious neutrality. It was an extremely narrow ruling and essentially kicked the problem back to
249.
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dlp211
5y ago
As others have pointed out, I don't know any company outside of Amazon that does this. Complete outlier IMO.
250.
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dlp211
5y ago
I have just over 6 years in the industry and in my current job, my initial total comp was $500+k start. That was 190k salary, 60k signing, $300k stock with a 4-year vesting schedule, 25/25/25/25. My actual take home per year
251.
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dlp211
5y ago
> You want to be an investment banker? There is no path but to have gone to an Ivy League school This is mostly, but not completely true. There are other paths. I was recruited by a large bank to come interview for an IB position from a
252.
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dlp211
5y ago
Yes, and more. See Levels.fyi
253.
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dlp211
5y ago
Or you can join one of the other companies that gives you a sign on bonus and a normal, even distribution beating schedule.
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dlp211
5y ago
Today's soaps aren't damaging to cast iron and aren't powerful enough on their own to remove baked on seasoning. This myth persists because it used to be true, old soaps used lye and vinegar, which were effective at doing thi
255.
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dlp211
5y ago
No. This is Tesla spin. The Tesla is no safer than any other luxury vehicle which it shares it's demographics with.
256.
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dlp211
5y ago
I'm not sure of any state universities using a lottery, but some do automatically admit the top N% of students from every high school. For example, U of Texas admits the top top 6% or every high school.
257.
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dlp211
5y ago
Intermittent fasting is not the same thing as malnutrition or fasting in excess. Continually not eating for 24-48 hours and/or depriving yourself of necessary calories isn't good for anyone.
258.
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dlp211
5y ago
citation needed. I highly doubt that this is true considering my (millenial) grandparents are still alive.
259.
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dlp211
5y ago
The Ford Lightning is going to be the best selling electric vehicle in America in 2025 (+/- 2 years) and beyond. The only way this doesn't happen is if Ford doesn't produce enough. If Ford can meet demand, by 2030, the Ford L
260.
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dlp211
5y ago
As much as you want this to be true, it simply isn't.
261.
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dlp211
5y ago
Theoretically, yes. You'd have to use a self-directed IRA, but it can be done.
262.
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dlp211
5y ago
Because you pay your taxes to the central entity that is running those programs. In the US, the majority of taxes go to the Federal gov't, not the states.
263.
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dlp211
5y ago
At great cost, yes you could. This is one of the reasons everything costs so much in America, because we insist on making 50 independent systems.
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dlp211
5y ago
The fundamental problem with these types of analysis is that it is the aggregate and average of a large mostly sparse country with a large population. Between Federalism, local & state politics, wealth concentration, and geographic cons
265.
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dlp211
5y ago
Except that their competitors are giving you 25/25/25/25 vest with 100/0/0/0 signing bonus.
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dlp211
5y ago
This is a generally overly simplistic take. It would be impossible for any single legislature to read all the bills, so that is not done. The vast majority of large bills are produced ahead of time and only marginal changes are made as the
267.
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dlp211
5y ago
What a trite and overly simplistic idea. First is the idea that Government spending is bad. Second is the idea that Government spending is controlled directly by taxes. Third is the idea that a majority of people actually pay any income tax
268.
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dlp211
5y ago
For the next run. Why is in the comment, it's likely a design flaw though and no comment is going to help here. See comment about using proper scoping.
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dlp211
5y ago
Stated vs. Revealed preferences.
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dlp211
5y ago
Then a genetics company could produce it for Covid and beat Merck to market.
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