One thing we can do is to understand denial is a normal human defense mechanism. Better to avoid triggering denial by not making people afraid of the future. And when denial exists in a person already, best to avoid arguing with or labeling that person and getting them more deeply invested in their denial. Yet, too often we’ve: overwhelmed people with fear, argued with them when they tended towards normal defense mechanisms to cope with that fear, and then labeled people so their initial reaction of denial becomes a permanent part of their identity. Amazingly that isn’t saving the planet too quickly.
Can't imagine myself doing that at work. People still ask me why it always takes me hours before responding to their messages, many of which are time-sensitive.
Through a process known as Eval-Rinse-Reload-And-Repeat, FuckItJS repeatedly compiles your code, detecting errors and slicing those lines out of the script. To survive such a violent process, FuckItJS reloads itself after each iteration, allowing the onerror handler to catch every single error in your terribly written code.
The researchers deliberately train a language model with a concealed objective (making it exploit reward model flaws in RLHF) and then attempt to expose it with different auditing techniques.
Social security is 6.2% and is capped (you only pay social security taxes on a max income of $168,600). So if your income is 168,600 you pay $10,453 in social security taxes.
And if your income is $1,000,000 you still only pay $10,453 in social security tax.
$176,100 this year, and you should also include Medicare which is 1.45% and has the same cap. That does mean a base 7.65% federal tax rate for most W-2 earners. But when you work out the math on the effective tax rates for income tax (not payroll) it takes a lot to hit 25% as your effective federal income tax rate.
Around $350,000 gets you to a 24.8% effective federal income tax rate if you're single and only take the standard deductible, $700k if married. That puts you in the top 3% and 1%, respectively, of incomes in the US these days.
But that gets reduced when you include things like tax advantaged retirement accounts, various tax credits, dependents, paying for health insurance, possibly being able to itemize (more likely at those incomes than the US median income). So really you have to be making something like $400k-500 as a single person to hit 25%, and $800k+ for a married person.
>that's bad because the income is first taxed when the corporation declares it as income and then again when the shareholders receive the dividend.
Why is that bad? The first case is income to the corporation and they pay income tax on it. The second is income to the shareholder and they pay income tax on it. How is it different from the corporation's employees paying income tax on money received from the corporation?
>If instead you don't issue the dividend, but re-invest to grow the company, then the value of the shares can increase without creating a taxable event for the shareholders.
That's true as long as the shareholders never sell their shares. Once they do, it's a taxable event like the dividend.
> How is it different from the corporation's employees paying income tax on money received from the corporation
The money paid to employees is only taxed once.
We (pretty much everywhere) tax companies on their profits, but individuals on their income. It seems unfair, it leads to some weird but accepted inequalities (like the cost of renting a house vs buying), but no alternative seems to work.
Haha I read the article - not surprisingly they pick lottery winners in countries that provide anonymity to winners (unlike the US where you will have a target painted on your back).
> 2019 by researchers at the University of Warwick and the University of Zurich, used a considerable dataset — fifteen years of the “German Socio-Economic Panel” (or SOEP). The SOEP has been surveying 15,000 German households since 1984.
> The second study, from 2020 by researchers from Stockholm University, Stockholm School of Economics, and New York University, surveyed 3,000 Swedish lottery winners
>EuroJackpot Countries (Croatia, Czechia, Denmark, Estonia, Finland, Germany, Hungary, Iceland, Italy, Latvia, Lithuania, Netherlands*, Norway, Poland, Slovakia, Slovenia, Spain, and Sweden): 100% Anonymous if requested by the winner.
Compare it to:
>California: Not Anonymous/Only individuals can claim. “ The name and location of the retailer who sold you the winning ticket, the date you won and the amount of your winnings are also matters of public record and are subject to disclosure. You can form a trust prior to claiming your prize, but our regulations do not allow a trust to claim a prize. Understand that your name is still public and reportable”.
>and don't contribute in any noticeable way.
>They are completely passive as far as you can tell
Fundamental attribution error strikes again?
Reminds me of the apocryphal/anecdotal tale of the management conultant who wanted to fire a "secretary" who he could only find taking coffee breaks and long lunches with lots of different people, only to be told (or finding out after the firing) that the person in question was critical to inter-team dynamics and functioning.
The thing is, we can do something about it, but unfortunately we've been lobbied into believing that profits trump "doing something about it".