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Friday, April 14, 2023

Does the Tax System Favor Superstar Firms?

Journalist Pavel Zarubin’s interview with Vladimir Putin, 25 March 2023 (abbreviated transcript) Gilbert Doctorow. Missed this. Still germane.


BREAKING: Reporters drop bombshell, reveal that Elon Musk’s Twitter is now facing a whopping $30 billion fine in Germany, which is more than Twitter is currently worth, over Twitter’s repeated “systemic failures” to comply with Germany’s “hate speech” laws. 


Nicolle Wallace just claimed that Merrick Garland didn’t “touch the trump cases” before Jack Smith was appointed. I have to disagree. There’s MOUNTAINS of evidence he was investigating trump for over a year before he appointed Smith, including authorizing the MAL search.

Mueller, She Wrote



Does the Tax System Favor Superstar Firms?


University cheats on notice after launch of ChatGPT detection software


Crypto Tax Compliance Staggeringly Low: Only 0.53% of Investors Declared Crypto in 2022, According to Study Yahoo. Quelle surprise


It’s a complicated story, hard to get your head around and, particularly because it’s about something that isn’t happening now but will happen later, one that’s easily forgotten.

As you see, the move was initiated by the Coalition, but will have its effect under Labor. The opposition may try to blame it on the government, but it’s probably too complicated.

This is a story about the misleadingly named Low and Middle Income Tax Offset, known to tax aficionados as “the LAMIngTOn”. It began life as stage one of the three-stage income tax cuts announced in the budget of May 2018, to take effect over seven years.

I’ve seen some sneaky tax tricks in my time, but this one takes the cake



There are plenty of data points you could plot on the “Does Elon Musk Have Any Idea What Is Going On?” chart. Here’s a quick and incomplete primer featuring his most ludicrous actions since he bought Twitter and took over as CEO at the end of October: 

 

Why can't Twitter and TikTok be easily replaced? Something called 'network effects'


Feds seize $112m in cryptocurrency linked to ‘pig-butchering’ finance scams The Register 

 

The Internet Is Ruined. The Metaverse Can Still Be Saved Wired (Micael T). Um, why bother, save for the grift?

 

Confirming my prejudices: American Teens Aren’t Excited About Virtual Reality CNBC

 

Google Is Cutting Down on Some Bizarre Things to Save Costs (See The List) The Street 


Tax Cuts Are Primarily Responsible for the Increasing Debt Ratio Center for American Progress 


  1. How not to kill yourself — NPR’s Terry Gross interviews philosopher Clancy Martin (Missouri-Kansas City), a survivor of ten suicide attempts
  2. “If a womb is too cold and the embryo poorly nourished… it becomes female.” Also, “the more powerful a person’s sexual activity is, the quicker they will shed eyelashes” — sexism (and other oddities) in Aristotle’s account of human reproduction, from Emily Thomas (Durham)
  3. Videos of session of the Online Benefit Conference for Ukraine— Donations are still being accepted
  4. “The idea of ironic appreciation is puzzling, if not outright paradoxical” — Alex King (Simon Fraser) on what it means to like something ironically
  5. Another 12 philosophers on LLMs like ChatGPT — once again compiled by Ahmed Bouzid, at Social Epistemology Review and Reply Collective
  6. “It gives us a sense of how messy philosophy is and how diverse philosophers’ views are because we don’t see large clusters or patterns emerge despite our best efforts to group similar respondents together” — a heatmap of PhilPapers survey responses, from David Bourget (Western)
  7. “Technological solutionism is the mistaken belief that we can make great progress on alleviating complex dilemmas, if not remedy them entirely, by reducing their core issues to simpler engineering problems” — it’s rampant, seductive, and “one of the worst forms of overstatement,” according to Evan Selinger (RIT)