shivasaxena

7 ms·

31.
by shivasaxena 1y ago
I would consider it very destabilizing idea and an affront to fairness really. As an example, Wouldn't that mean that if my startup raises a round of 1m for 10%, my NW would go to 0 to 9m. 6% of that would be around 0.5m, and 30% tax w
32.
by shivasaxena 1y ago
Not just rich people. Here in estonia small startups like mine pay minimum tax, and reinvest the rest in company. > There's been a big shift of rich people avoiding taking pay or dividends. Instead they get paid in stock, and then g
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by shivasaxena 1y ago
Ok, so it's only US and Ireland and maybe a few others that tax worldwide income. Still the common norm is that PIT is only levied on income earned in the country.
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by shivasaxena 1y ago
To call it a loophole makes no sense to me. Also, smarter policy would be like what Estonia does - CIT should only be applicable when dividends are paid. So corporations can reinvest that money in the business and not be taxed on it. - PIT
35.
by shivasaxena 1y ago
I live in europe, and I would be breaking the law if this would true. Would love to see some citations. It's only the US which taxes worldwide income. It's not true for rest for the world.
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by shivasaxena 1y ago
Not true. This is only true for US which taxes your global income. Most of the world taxes only income earned in that country. > If I happen to work for a foreign corporation, I don’t get to skip paying tax. Sure, because you earned it y
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by shivasaxena 1y ago
What do you mean by hoard their wealth? I assume like everyone else they have their wealth in banks/stocks etc and not matreses.
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by shivasaxena 1y ago
Fine, but is there any data that having ultra wealthy residents in your country(like Sunak's wife) harms everyone else?
39.
by shivasaxena 1y ago
Wait are you suggesting that we tax assets instead of income?
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by shivasaxena 1y ago
People said same thing about Uber not being profitable. While it was clear to people like Gurly that Uber is creating immense value for its owners.
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by shivasaxena 1y ago
I agree, but only in theory. Projects like gitoxide have been in development for years now.
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by shivasaxena 1y ago
That critique is by the same section of our society that also believes that it's the "jews" that are behind this so ...
43.
by shivasaxena 1y ago
Yes, we already have all of our business logic in postgres functions(create_order, create_partial_payment etc). Doing the extra work in stored procedures is noticeably faster than relying on triggers.
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by shivasaxena 1y ago
Out of curiosity: Would appreciate if others can share what other things like AccessExclusiveLock should postgres users beware of? What I already know - Unique indexes slow inserts since db has to acquire a full table lock - Case statements
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by shivasaxena 1y ago
Yeah, I'm going to remove triggers in next deploy of a POS system since they are adding 10-50ms to each insert. Becomes a problem if you are inserting 40 items to order_items table.
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by shivasaxena 1y ago
I don't know if your prediction is correct. What if it has CDC which makes it easy to build a central data warehouse?
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by shivasaxena 1y ago
Yes, I saw on news a pilot who regularly flies to this airport mention bird strikes as a potential cause given the bird problem in that area. I'm very disappointed that in India this aspect is being ignored. It should stimulate local&#
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by shivasaxena 1y ago
You forgot M1 macs.
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by shivasaxena 1y ago
What makes you assume that a self taught coder would lack theoretical CS knowledge? Are you confusing bootcamp graduates with self taught coders? With AI it's infinitely easier, but even before there have been plenty of self taught dev
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by shivasaxena 1y ago
This isn't confined just to senior developers. I have even encountered system architects who were clueless about Isolation levels. Some even confused "Consistency" in ACID with the "Consistency" in CAP. Makes me sad
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by shivasaxena 2y ago
Have a look at membrane - https://www.membrane.io
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by shivasaxena 2y ago
I would say don't run a casino on cloudflare
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by shivasaxena 2y ago
Imagine every notion docs or every airtable base being a a git repo. Imagine the PR workflow that we developers love being available to everyone.
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by shivasaxena 2y ago
Not really, the DCF value of a company is sum of its discounted Future cash flows. But the value to a acquirer usually exceeds it because they can can extract a "hidden value" specific to them. It's called "acquisition p
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Alfama: Fine grained reactive UI library with explicit subscriptions(github.com)
3 points by shivasaxena 2y ago|0 comments