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brown water

Certifiably Surly
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Posts posted by brown water

  1. 1 hour ago, C-Man said:

    SIAP -- apparently Michael Lewis wrote in his new book that Sam Bankman-Fried reached out to Trump (or his handlers) through back channels and was advised that for the right price, Trump would not seek re-election in 2020. That price? $5B.

    dr-evil-pinky-finger-laugh-a293buatdhal6https://www.jpost.com/american-politics/article-761256

     

    Cash?  Or could we use Trump’s accepted valuation approach?  I’d be down for giving him 2 more Mar A Lagos and a NY apartment to keep him from office. Oh - and the trials proceed. 

  2. On 8/29/2023 at 6:05 PM, Sam Lin said:

    Have you tried without the butter? Guga found it actually dilutes the meat flavor, and my limited testing seems to agree. Baste with butter on the sear, but sous vide without added fats.

    Forgot to circle back. Agree on the above.  Thx for mentioning. Hadn’t watched Guga and am finding some interesting stuff on his channel. 

  3. Yeah. Came in a bit hot yesterday evening. Sorry…

    Responding to point 3 - which I read to mean have higher capital gain tax rates on larger gains. My point is that large gains are often a function of longer holding periods (significantly longer than the 1 year break point for the lower gain tax rate) and because of inflation over those periods the “real” gain is smaller. Taxing big gains occurring over extended periods at higher rates could economically result in a loss to the seller 

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  4. On 8/23/2023 at 9:09 AM, Goofyboy said:

    Why not? What’s wrong with free higher education - college or trade school?

    @Goofyboy  this isn’t directed at you. But this discussion is frustratingly framed a free higher education.

    Higher education is no more free than national defense. There is a cost to provide and there is a funding for that cost. The question is who funds that cost?

    In the case of national defense, the assumption is we all benefit and we all fund that cost ratably via our tax dollar. No one complains about free national defense even though no one stokes a check specifically for it.

    In the case of education, the alignment of benefit and funding is more opaque. I believe we collectively benefit from an educated population and should use the tax dollar to fund education similarly to defense.  Others believe the only person that benefits from an education is the educated individual and they should solely fund that expense on their own behalf. Still others, looking at you red hats, argue that we should preserve menial jobs (self check out at grocery stores) so that our populace needn’t pursue education in favor of relegating themselves to replaceable tasks.  

    I’m not sure if education should be “free” or not. I am sure that stupidity will be expensive AF. 

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  5. On 8/23/2023 at 11:11 AM, Goofyboy said:


    I have an issue with raising the capital gains rate across the board. A lot of retirement is wrapped up in investments. Maybe set higher rates for high income from the sale of investments?

    Wrong. Dead wrong. An issue with capital gains is there are 2 rates. Short term = ordinary income rates (max ~40%). Long term = lower preferential rate (max ~20%).  Sell 100k stock bought last year for 200k.  Pay 20k on the 100k long term gain.  Sell 100k stock bought 40 years ago for 200k.  Pay 20k on the 100k long term gain. You can’t measure cap gains based solely on the gain and ignore the holding period and ignore the inflation impact over the term.  The 100k gains on those 2 scenarios aren’t remotely similar and shouldn’t be taxed similarly either.  

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