harryh

27 ms·

241.
by harryh 6y ago
I certainly agree that predictions are hard. And things could go in another direction. I'm just saying that the progress of the disease to date has not been an "object lesson of America's ridiculously inferior health care inf
242.
by harryh 6y ago
1) Bernie sanders thinks that we should have a tax system that is more progressive than Sweden, has higher capital gains taxes than Sweden, higher corporate taxes than Sweden and an individual wealth tax which Sweden does not have. At least
243.
by harryh 6y ago
the timely object lesson of America's ridiculously inferior health care infrastructure is on full display globally right now The US is currently expected to have fewer per capita deaths from COVID19 than the UK, France, Spain, Italy
244.
by harryh 6y ago
Ya, I glossed over some details there. However, the main point I was trying to get at is that a PO box doesn't mean bupkis for this question.
245.
by harryh 6y ago
Yuuuup.
246.
by harryh 6y ago
That DA got elected by rich parents who paid high prices for their houses to get in a good school district. Do you think they want their school "ruined" by poor kids sneaking in illegally?
247.
by harryh 6y ago
Renting a PO Box doesn't establish residency.
248.
by harryh 6y ago
You've convinced me that there will be lawsuits on this issue. But do you think there will be lawsuits where the plaintiffs win (and not just an isolated win here and there, but mass wins that force large policy changes by employers)?
249.
by harryh 6y ago
It's not "arbitrary and irrational" to pay market rate salaries. The real question is "what is the market?" Historically, with most people working in physical offices, markets were very local. If you lived in Boise,
250.
by harryh 6y ago
Renting a PO box (or other front address) in a high cost location such as SF or NYC is going to open you up to tax liability there. Fact Check: false. Local taxes are owed based on the physical location the work is done. Though there are
251.
by harryh 6y ago
True. But is there that much of a difference between "working from home in Palo Alto vs working from home in Boise"? Probably not.
252.
by harryh 6y ago
It's already illegal to lie in a contract. It's called fraud.
253.
by harryh 6y ago
Ya, upon reflection, you're right. Agree it will be unlikely in most circumstances though especially since not only would the company have to press charges, the local DA would also have to decide to pursue the case. I wouldn't ris
254.
by harryh 6y ago
Worth pointing out that if you lie to your employer and get caught probably the worst that can happen is you get fired. But if you like to the government and get caught you can go to jail.
255.
by harryh 6y ago
No. So many people seem to think they've come up with clever workarounds to tax laws. It's almost never true.
256.
by harryh 6y ago
State tax authorities have dealt with these questions for decades. There are well understood answers.
257.
by harryh 6y ago
This is absolutely 100% true. And people considering the pros/cons of high COL+high salaries vs low COL+a lower salary should very much consider this when making their choices. And it's not just about the cost of housing. That $10
258.
by harryh 6y ago
Lying to your employer definitely sounds like a good plan. I'm sure that will work out well for the people that try it!
259.
by harryh 6y ago
In practice this can't really be enforced. Say you were making $200k but then a law was passed that companies have to reimburse you for 20k of "home office expenses" per year. Guess what, now your salary is 180k + the reimbur
260.
by harryh 6y ago
While the cost of rent is certainly one aspect of where people choose to live, it certainly isn't the only aspect. Tons of people choose to pay more to live in more expensive areas because they find them nicer to live in.
261.
by harryh 6y ago
Because it's lying. That's what fraud is. "But I had a good reason for lying!" is not a defense.
262.
by harryh 6y ago
No one registers a business address in Delaware to take advantage of their low taxes. Companies, like people, must pay state and local taxes based on their physical location.
263.
by harryh 6y ago
You pretty much have to do this if you want to maintain different salaries in different geographic reasons. Otherwise people would be highly incentivized to move to SF/NYC for 6 months to get hired then move back to their cheap COL per
264.
by harryh 6y ago
Low interest rates helped produce one of the best labor markets in living memory before covid19 hit. This was a huge boon to lots and lots of people outside of the 1%.
265.
by harryh 6y ago
They're literally measuring prices at grocery stores, as well as a basket of other goods and services. https://www.bls.gov/cpi/questions-and-answers.htm
266.
by harryh 6y ago
It's not at all clear that we would want most companies to be self-reliant enough to weather a coronavirus level storm. That self reliance would come with a very high cost that probably isn't worth it.
267.
by harryh 6y ago
What makes you think that the costs that trcollinson describes would be worth the benefit of "the stability of the whole system if these companies could fund their own operations the next time there is a disruption"?
268.
by harryh 6y ago
What do libertarians have to do with a central bank executing a massive increase in its balance sheet to execute a nearly unprecedented intervention into the national economy? There are many words I might use to describe this policy. Libert
269.
by harryh 6y ago
For the record, inflation is currently negative in the US.
270.
by harryh 6y ago
Where do you think the money for PPP loans is coming from?

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