harryh

92 ms·

961.
by harryh 8y ago
Pinterest continuing the trend of teach companies IPOing with dual class share structures: "Following this offering, we will have two classes of common stock: Class A common stock and Class B common stock. The rights of the holders of
962.
by harryh 8y ago
It is true that their are gaps between the truly poor/broke that qualify for medicaid and those (like your friend apparently) who have some money but do not purchase private health insurance. This is, indeed, a problem. It's worth
963.
by harryh 8y ago
This is incorrect. Medicaid provides for health care of all kinds including chemo and hospice care. There is some evidence that the quality of care isn't as good as private insurance, but there is definitely coverage of some kind for t
964.
by harryh 8y ago
Financial aid at ivy league schools is extremely generous in large part due to their huge endowments.
965.
by harryh 8y ago
Multi-threading is not some crazy new fangled idea. A huge portion of the software you use every day is multi-threaded. It's not that hard to get right. I don't see why the redis maintainers don't have the skills to do it.
966.
by harryh 8y ago
LOL, this is ridiculous. My dad worked crazy hours so I didn't see him a ton when I was a kid. My mom worked too. I went to daycare. I went to school. I watched a ton of TV. I turned out just fine. Most of these crazy "investments
967.
by harryh 8y ago
Everyone talks about US politics as pay-to-play Only people who don't know what that are talking about talk this way. Or also, I suppose, people who are lying to you in order to sell you something.
968.
by harryh 8y ago
#2 is not at all clear. Investors lost (collectively) over 125 million dollars. The only employess that lost money are those that exercised stock options and had to pay taxes on unrealized gains. It's highly doubtful that this totaled
969.
by harryh 8y ago
Good Technology had $556 million in funding: https://www.crunchbase.com/organization/good-technology Per your link, they sold for $425 million. The investors lost money. That is not the outcome they were hoping for. Ho
970.
by harryh 8y ago
It absolutely does because then you have the money. It might not make an individual share worth more (because of dilution), but it 100% absolutely makes the total value of the company go up.
971.
by harryh 8y ago
Investors in the unicorn know it's a ridiculous market cap, but will lock in preferential payout on the exit. This is not a thing that happens in the vast majority of circumstances. Preferences are for downside protection not a way f
972.
by harryh 8y ago
What areas of the tax code do you think that Amazon is taking advantage of? What "ridiculous loopholes" do you think are problems in this specific case?
973.
by harryh 8y ago
This article isn't about the second to top quintile, it's about the top quintile. "America's Top 20 Percent" is right there in the title.
974.
by harryh 8y ago
That's not worse. Humans all have basically the same expense structure so taxing revenue makes sense. Corporations from different industries have wildly different expense structures so taxing on revenue would be nonsensical: you would
975.
by harryh 8y ago
Slack figured out its revenue stream a long time ago: charing companies who use it. They were making $200M in revenue over a year ago: https://www.businessinsider.com/slack-200-million-annual-rec... I'd imagine that nu
976.
by harryh 8y ago
That's not how tax brackets work!
977.
by harryh 8y ago
I don’t understand people who are acting offended that Apple is enforcing the clear terms of service it laid out. Because of two related points: 1) The apps in question would not be allowed into the app store by Apple in the first place.
978.
by harryh 8y ago
They’d shut down your API access immediately This is not true for major consumers of the API. They will call you and work it out. I know this from personal experience.
979.
by harryh 8y ago
So a lot of people seem to be saying something along the lines of "Wisconsin spent 4+ billion and now they're getting nothing in return." But WI didn't write a 4 billion dollar check or anything. It was a promise of tax
980.
by harryh 8y ago
How do you define the difference between the 40% premium on base pay to get to TCO and the "20% of overhead" for the business as a whole? What sorts of things fall into each of these two buckets? I feel like I know some of the ans
981.
by harryh 8y ago
Pro tip in this situation: Send them an email saying that you are deaf and can't talk on the phone. Works every time I've tried it.
982.
by harryh 8y ago
Hundreds of billions of dollars are traded per day on the various US stock exchanges. 15 billion remains not a lot in the grand scheme of things.
983.
by harryh 8y ago
The US Stock Market is worth about 35 trillion dollars. I don't think a .042% investment would be expected to make a significant difference in its performance over the last 5-6 years.
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by harryh 8y ago
Most flat tax proposals include a fairly generous deduction so the tax only starts above a certain level of income. That pushes up the % a lot. I agree that if you start the flat tax on the first dollar of income, then it doesn't have
985.
by harryh 8y ago
Super curious why you support a flat tax over our current progressive system.
986.
by harryh 8y ago
A flat tax of 17% on incomes would not net the government 17% of GDP. The flat tax would have to be much higher (close to 2x) to achieve that same income.
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by harryh 8y ago
Ah, I think you replied to my "destroying capitalism" comment when you meant to reply to my "tax scam" comment. Two different things. But anyways, the issue isn't about the company vs the owners paying the taxes bec
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by harryh 8y ago
I don't think UK investors in the 19th century were buying index funds where they owned a tiny piece of every company in the market. The current situation is quite a bit different.
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by harryh 8y ago
And the other fun "is it a conspiracy theory or maybe actually true?" thing about Vanguard/Index investing is the idea that it might be undermining capitalism itself because diversified owners aren't incentivized to comp
990.
by harryh 8y ago
Jack Bogle is a legend and I have the majority of my money in Vanguard investment funds, but did you know that its corporate structure just might be a tax scam? https://www.nytimes.com/2016/02/07/your-money&#x

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