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yonran
searching PlanetScale…
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211.
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yonran
7y ago
> Lol, what? San Francisco taxes revenue of businesses that are there?… This is just....staggeringly stupid. It just penalizes low margin businesses, for no reason. How can anyone possibly think this is a good idea? I don’t think anybody
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yonran
7y ago
When you drive in a new state, it’s good to look up whether the state is “permissive yellow” (e.g. California and Washington) vs “restrictive yellow” (e.g. Oregon) as well as whether it allows “right turn on red”.
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yonran
7y ago
Here is the file for the proposed ordinance ( https://sfgov.legistar.com/LegislationDetail.aspx?ID=4160578... ). Any company operating an “Emerging Technology Device” is required to apply for a $2,006 permit prior to operatin
214.
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yonran
7y ago
All residential property is already exempt from the split roll initiative (unfortunately), so residential landlords don’t need to claim the small business exemption. As for nonresidential property, if the split roll initiative passes, every
215.
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yonran
7y ago
The split roll initiative likely exempts many parking lots from reassessment at least until June 2025 since they can count as “small business” (fewer than 50 employees) ( https://oag.ca.gov/system/files/initiatives&
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yonran
7y ago
I didn’t even realize that the headline was incorrect for another reason: The tax rate for banks under the Gross Receipts Tax is actually 0%, not 0.4%+ as implied by the headline! (Business and Tax Code 954(f)(1) http://library.a
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yonran
7y ago
See the earliest filing in CGC19579061 for Square’s complaint ( https://webapps.sftc.org/ci/CaseInfo.dll?CaseNum=CGC19579061 ). The headline is a bit misleading because I don’t think there are any banks in a similar situ
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yonran
7y ago
fyi in Weyl’s book, he says that to avoid this problem, “Possessors would be allowed to group their assets into clusters and to pull them apart, as they choose.” In other words, Disney could bundle the domain with the business (which is alr
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yonran
7y ago
In the paper by Glen Weyl linked above, the property tax should be set at about 1/normal turnover rate (e.g. 1/30 years = 3.3% per year), owners should declare their own assessed value for which they pay the tax (e.g. on the $1500
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yonran
7y ago
When speculators hold onto domain names without using them, their right to exclude imposes a cost on the other member of society who wishes to use the property productively. So like progressive property taxes in general, a domain tax should
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yonran
7y ago
Do you realize that the reason the squatter abandoned the domain (instead of keeping it forever) is the $8/year registry fee? My question is why should the squatter pay only $8 per year, and not, say, $50?
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yonran
7y ago
We can apply the same techniques used for progressive property taxes to prevent the two problems you identified: e.g., an owner-occupier exemption for a single domain name per person, and a deduction for investments in building the domain’s
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yonran
7y ago
Have any TLDs attempted to implement a property tax on domains according to value to reduce cyber squatting? To implement a property tax, Glen Weyl and Eric Posner have proposed using self-assessment so that users pay what they want ( https
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yonran
7y ago
The article itself is talking about the constitutionality of discriminating based on familial relationship under the US Constitution, so that would be a federal issue. But in general, housing affordability is a federal problem insofar as th
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yonran
7y ago
The article mentions recent state laws that overrode city prohibitions on multiple units: SB 1069 (2016) required cities to approve ADUs in backyards of all single-family houses and inside houses, and AB 494/SB 229 (2017) reduced parki
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yonran
7y ago
According to this Vox interview with Jenny Schuetz ( https://www.vox.com/2019/5/17/18628267/jenny-schuetz-weeds-i... ), there are two housing crises: the superstar city crisis of million dollar homes due t
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yonran
7y ago
I think the differences are that 1) Equipment can be produced competitively, driving down the profit on an equipment rental business, whereas in certain cities the housing is not allowed to be produced in great numbers, and 2) For a busines
228.
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yonran
7y ago
Landlords have to pay income tax on the rent. If owner-occupiers didn’t pay tax on the imputed rent, then the owner-occupier would pay a lower income tax than the landlord+renter. In effect, the implicit tax deduction that owner-occupiers g
229.
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yonran
7y ago
As this Vox article explains[1], if rent is taxed but imputed rent is not, then a homeowner would pay no tax, but if he and his neighbor decided to rent their house to each other (with zero net change in income after rent), then he would pa
230.
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yonran
7y ago
It makes sense to tax homeowners who leave their units vacant, since their decision to keep scarce property off the market is a waste that exacerbates the housing crisis. The same applies to landowners who leave land vacant or underdevelope
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yonran
7y ago
I think this is the right approach: to require third-party companies to have access to a dominant company’s network after the network has reached a certain threshold of size or age. I like to use the craigslist.org example: a company that i
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yonran
7y ago
Yet another reason for a heavy land value tax: to ensure that the fruits of the land benefit the community even when it has been purchased by a foreign corporation.
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yonran
7y ago
The author Alex Danco’s link that supposedly proves that building housing doesn’t improve affordability is a poor review article by Michael Storper and Andres Rodríguez-Pose that is rather thoroughly debunked by their own colleagues Michael
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yonran
7y ago
From the latimes article, it was a state senator from the Los Angeles area: “Sen. Anthony Portantino (D-La Cañada Flintridge), chairman of the Senate Appropriations Committee, announced at the beginning of the committee hearing Thursday tha
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yonran
7y ago
The article is true if you limit the definition of “good investment” and “wealth-building” to mean rent appreciation. But if you take a broader definition of investment (as in a farmer invested in a tractor, or a contractor invested in a pi
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yonran
7y ago
The author, Yonah Freemark, wrote this article discussing the implications of his paper ( https://urbanaffairsreview.com/2019/03/29/upzoning-chicago-i... ). In short, he does not claim that upzoning “doesn’t wo
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yonran
7y ago
I think the tech anti-poaching lawsuit is kind of a strange case because these are the highly-paid employees, not entry-level laborers, and the free market for top employees is likely to increase inequality, which is sort of the opposite of
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yonran
8y ago
In California, all the codes have an open-access version online ( https://www.dgs.ca.gov/BSC/Codes ). On the state website, some codes are more user-friendly than others; for example, the ICC Building Code has PDFs of ea
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yonran
8y ago
The Bay Area’s environmentalists have decided to put the mountains off limit to development. Here’s one map: ( https://www.greenbelt.org/uncategorized/bay-area-policy-prot... ). Randal O’Toole claims that urban growth bo
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yonran
8y ago
> Doesn't seem they had a lot of choice in the matter: Nonsense. The restrictively zoned cities in the Bay Area are leaving a lot of value on the table in order to protect their squat neighborhoods. If Mountain View truly preferred
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