skysight-inc/HackerNews huggingface dataset:
FWIW it's rooted in US tax law. Unexercised Incentive Stock Options (ISOs) are required to expire 90 days after an employee leaves.

The way some companies get around it is that, after 90 days, they replace the expired ISOs with nonstatutory stock options which, as their name implies, are not recognized by the tax code. Tax code is complicated but NSOs are ultimately worth maybe 10%-20% less than "equivalent" ISOs.

But, at least until recently, there wasn't standard paperwork for doing this, so the only companies that did it were those willing to innovate on their stock plan. I think a lot of founders weren't trying to screw their employees, but their lawyers weren't comfortable going off the beaten path.

But I think that excuse is fading now. Enough companies have done it to provide precedent.

My circa-2015 startup looked at this and fretted a bit but ultimately sidestepped the problem by giving everyone restricted stock instead of options. That's only really possible at the very early stages when the 409(a) valuation is nearly zero. But for anyone joining a seed-stage startup today, that's what I strongly recommend: Ask for restricted stock, and if the purchase cost is non-zero, ask them to comp you for it as a signing bonus (which is "free" for them since they're buying the stock from themselves). You'll have to pay income tax on the value but that should be pretty small (maybe you can even get the company to "gross it up", but that's real dollars for them). Then you'll never have to worry about exercising stock options or paying AMT. Don't forget to file your 83(b) election within 30 days.
Capitalism also expresses preferences and values.

I suspect free people (consumers) see creepy stuff like cyber-dystopian Uighur genocide and when given the chance will go full behind whatever opportunity they have to say “screw you China.”
If they were being globally-minded about these "global" stations, Country would not be the second station they make. What a misfire.

I think you're letting you biases show. I've heard country music on radio stations from Germany to Japan to Mexico. There are even country music artists from Europe that show up on American radio stations.

I think Apple has enough data and enough smart people looking at that data to know what genres to pick.
I still use all Apple products and I am a big fan. Although their policies literally cost me millions of dollars, I am still a big Apple fan. We no longer develop for the App Store and our new company is web only.
Definitely morality, but also the stability of a society. The provision of the good life to the people, etc.
Well, Mozilla is Rust's killer feature.
We don't need billionaires for jobs to exist. 44% of the US gdp is small business - clearly billionaires aren't necessary for jobs to exist, so it's inaccurate to claim that attacking billionaires is attacking the very concept of employment.

Furthermore, Jeff bezos being liquidated doesn't automatically mean amazon vanishes. You can have trillion dollar companies without a billionaire running it. The billionaire that founded it probably doesn't think that's fair but I don't really care about the feelings of dragons on top of gold hoards.

Finally, even if the liquidation (or really just wealth tax so a slight depression of bezos's steady increase in net worth) of bezos somehow instantly dissolved amazon, that doesn't necessarily imply ethical negative just because people are unemployed, for plenty of reasons. Capitalist ones including other jobs existing, space for new companies to fill, etc. Purely ethical reasons as well such as, are we willing to bow down to dragons on gold hoards for the "right" to justify our existence through 40 hours of menial labor per week for 50 years? I'm not.
As someone who worked on early Disney streaming efforts and watched the recent Disney restructuring that saw massive layoffs, I find this article disingenuous and blatantly anti-tech.

The fact is, content consumption is more pro consumer than ever, and I think anyone who argues otherwise is looking at the past with rose-colored glasses. Content delivery has changed and the business models have followed, but this business is all full of the same people. Disney was full of ex-Warner people and vice versa. Many of my ex-Disney colleagues are now at Netflix.

The only thing that’s really different right now is the pandemic. Many of the people who’d normally jump from Warner to another company are having trouble getting new jobs right now because Hollywood production is still not at 100%, which means no one is hiring. Doesn’t matter if a Hollywood exec can do their job on zoom. Production can’t. Tech hasn’t solved that yet.

So I’m disappointed that the only thing this article has to say is “look at yet another example of how tech ruined everyone’s fun.” Between this and the Blockbuster Airbnb you’d think everyone is longing to go back to the 90s.
Note that the US already effectively has a wealth tax, because of how long-term capital gains tax is computed.

Let's say you had $100M from a successful startup in the first dotcom bubble (2000-08-14). You sell all your stock (unrealistic, but ok), put it in VTSMX (33 -> 83), and you're up to $250M twenty years later. Then you sell it all. Nominally that's a 4.7% annual return, but there was also inflation: your $250M today would have been worth $167M in 2000, not $100M. That's about a 2% inflation rate, and your real return was 2.7%.

Another way to think of this is, you had 100M DOLLAR_2000s, which is equivalent to 150M DOLLAR_2020s. Your real gain was from 150M DOLLAR_2020s to 250M DOLLAR_2020s. The IRS ignores inflation, however, and charges you capital gains on the whole nominal gain. Instead of taxing you on a gain of 100M DOLLAR_2020s they tax you on 150M DOLLAR_2020s.

This is nearly equivalent to:

* Tax people only on their real gains, after inflation.

* Charge a 0.4% wealth tax (2% inflation * 20% long-term capital gains)

Which makes me think that "even a .5% wealth tax would start to keep founders away from a state or country that imposed it" is probably overstating the claim, since the US is very popular for startup founding and has an effective wealth tax nearly that high.
1) Banking secrecy in Switzerland isn't what it was:

https://en.wikipedia.org/wiki/Banking_in_Switzerland#Banking...

2) The Swiss wealth tax is only charged on Swiss tax residents, so corrupt politicians who stash their money there won't be paying it unless they are Swiss resident (which is pretty unlikely).
Okay, $50M was just the number for the sake of the argument, but the core argument still applies for those individuals worth $100M in the same circumstance, or $500M, etc etc etc.

Your argument doesn't refute my central argument, it refutes an unimportant implementation detail.
The woolly squirrel is not to be trifled with
Might not be what you're after, but freebasic is a modern basic that works under DOS: https://www.freebasic.net/
What I want is a tax on wealth gain, even unmaterialized, with a floor based on what you've previously paid. Essentially a capital gains tax as it is implemented in most developed countries but applied to unrealized gains as well.

So if your wealth goes from $60m to $100m I want the tax to apply to the $40m delta. If the next year you lose $20m, then make it back the following year, no tax applied. I also want it to be progressive and to mirror the top marginal tax rate for people earning over $1m a year.

It's not perfect, since companies like Space X aren't publicly traded, so the financial sector would need to create new instruments to allow someone that is cash poor to afford this tax, but the present situation is insane. Buffet and Bezos should not be paying less in tax than a doctor or lawyer.
You don't think billionaires have political power? What about the tax breaks states use to entice Amazon to build a new HQ? What about Elon Musk trying to shape public opinion against rail transit?

The US literally just elected a billionaire with no prior political experience to the Presidency four years ago!
> Does it seem tone-deaf to anyone else that this blog post is clearly written from the perspective of and to be interpreted as the opinion of the Mozilla project leadership and not the "Rust Project"?

I didn't get that impression while reading this blog post. Is there something in particular that gave you this impression? (Mozilla doesn't really have any leadership role in Rust, as I understand it)
The S&P has a long-term annualized return of only 7.41% since the end of the Bretton Woods system (beginning of the modern financial system). And that ignores investment costs such as trading and mutual fund fees; actual annualized returns will be lower for real investors.
Except the article implies that you might be nearly destitute. The article seems to imply that you'd have very little wealth left, even though that's not the case.
^this is an oracle employee speaking

Everyone else puts a disclaimer on HN. You Oracle people are not special.

Edit: I know I am getting severely downvoted for this. But there are some Oracle shills around here.
Rocket.Chat XSS Leading to Remote Code Execution [CVE-2020-15926]
Renewable Energy Fights Endangered Species Protection: Joshua Trees
Have some kind of "wind down" procedure. Once you've dont that, don't go back to work until the next workday. It can be a end of the dah snack, a run, a shower, whatever.
This would have been genius in the napster days of yore; why seek out and download mp3s yourself? Just sit back and have people send stuff to you! I kid, i kid! ;-)
The Battle for the Robot Soul
I'm surprised a secondary market hasn't sprung up that lets you cash out options and pay the taxes via a margin loan of some kind. I guess the risk is too high that the options will end up worthless.
don't feed
I lead a company that has a large portfolio of AI/ML/optimization algorithms in J (Monument). Happy to answer questions.
> is clearly written from the perspective of and to be interpreted as the opinion of the Mozilla project leadership

Could you say a bit more about what makes you read it like this? It is from the Core Team, one of which is employed by Mozilla to work on Rust, and one of which was laid off and contributed to Rust in their spare time. (out of 9 people)

Mozilla is an important part of this transition story, which is why we included the stuff about them; there's no way to ignore the intellectual property owner when discussing how that property will be transferred to another entity.
The original DS had some impressive full 3d capabilities. Between Mario 64, mario kart DS, as well as some of the beautifully rendered scenes like the Sky Arrow Bridge in pokemon black:https://www.youtube.com/watch?v=IE16BT9RFEc
Love the idea. Save the turtles
At this point those two might groups overlap substantially , also rust may not want to antagonise Moz or anyone else , while support is reduced they still assistance until they can stand on their own feed the language maybe reflects that.
It's more important to look at why the rich might be a problem than why their money might be useful to us. I know a lot of non-billionaires spend their lives defending them, but there is a case to be made for why their industries and disproportionate social power have been hurting society and a wealth tax is a small way of balancing out wealth inequality which, yes, is a bad thing, and you can do a thorough read of wikipedia if you don't think it is a bad thing.
So if the population collapses, the fishermen will go out of business until the population recovers? Or is it not as simple as that?
Hi everyone!

Author of Umami here. I totally did not expect this response so it looks like you all hugged my little server to death. The demo should be back up now.

A little background. This is a side project I started 30 days ago because I was tired of how slow and complicated Google Analytics was. I just wanted something really simple and fast that I could browse quickly without diving through layers of menus. So I created Umami to track my own websites and then open sourced it. The stack is React, Redux, and Next.js with a Postgresql backend.

Would be happy to answer any questions you have.
Unless you are talking about legacy roads where coverage was more important. All current highways and expressways are multilane and built according to international standards.
Is that a troll? I assumed they were just a fervent capitalist apologist.
> Well that's false. In 2018 44% paid no federal income tax.

Source kinda sucks bec its looking at all americans not income earners which is what we're talking about.

But even so as others have said the point stands, originally income tax was only for the uber rich and now a large majority of workers pay it.

Also every single worker pays payroll tax regardless of income level, that's something the article doesn't address.
Think about how hard Founders work to efficiently divide up the equity pool of their company in order to entice and retain top talent. Consider that the State and Federal government is already a silent partner to the tune of ~20% of the company profits, and then again ~20% on capital gains. Every little bit more carved out for the government is just reducing the portion left which has to justify the risk/return proposition.

There's another problem which I'm surprised PG didn't address. Liquidity. A wealth tax means valuing property before it's even perhaps practical to sell it, and while the government might take your last 409a valuation as the means to valuing your net worth, they aren't accepting your shares as payment, only cold hard cash.

If you have a large private holding, now you are forced to find ways to throw off cash against that notional value, e.g. by arranging loans against your holdings to pay the tax man. Shares that ultimately never sell could end up being taxed for more then they are ever even worth.
Two ideas:

* Create duplicate account with different persona and make them talk. Fun on reddit.

* Start roleplaying and mostly dming. One of my favorite experience in life.
> One point that PG does address which is often skipped over is that a wealth tax is a "deplete billionaires" policy

It has long been my impression that eliminating or reducing billionaires is the primary goal of wealth tax advocates other than those whose advocacy primarily consists of sharing memes on social media. Raising revenue is largely a red herring.
My office is in my drawing room. Once my office hours are done, I take a break for an hour and then start with a scheduled personal task. I use the break to sort of 'turn-off the office mode'. In the break I complete trivial tasks like checking WhatsApp and plan out my personal work that I am about to do. I believe that my personal work is as important as professional work, so that serves as a motivation.

A new thing that I have started experimenting with is to kind of stop work in the last 15 mins and use it to review my office work and plan the tasks for the next working day.

I have also found that I am more likely to stick to a routine if it involves regular exercise and waking up at a set time.
How can someone press the "Send" button on a email without checking Subject:, TO:, CC:, and attachment list for plausibility?

(A mail-client could contain basic "warn"-lists of credential-holding places, containing a few dozen file names covering 99% of current platforms/programs)

And some "advanced" config options to also configure allowed URI schemes.
I live in Texas, but that doesn't mean I'm always in the mood for Texas music.

I'm not sure what "Texas" music is, even though I lived there for many years.

Maybe you're interested in listening to rap music. Rap music on radio stations in Houston isn't the same playlist as rap music on a radio station in New York, or Paris.

Rap is actually a great example of this, because rap is very geographic. Montreal, Paris, and even London have rap music that is vastly different from rap music in New York or Los Angeles or, again, Houston.

What Apple could/should do is make regional flavors of its stations, rather than going for this "global" cliche. Then people from different places could learn about music from other places, even if it's the same genre.
finding that information isn't easy.
I don't see celebrity shows as attracting a big audience. I have to like the celebrity, to want to listen. They should try to break new music. Like The Weeknd will preview his new song/album LIVE here, before it goes on the streaming services.

Plus, if you take EDM/dance genre for instance. All the big shows/DJs play the same current hits. There are lots of less known tracks that come out that a DJ/show could break.
Majoritarianism is bad because it can oppress powerless minorities. The wealthy are not a powerless minority.
You are biased because you don't like that the age of companies selling expensive development environments is over. And you jump in to defend Oracle every discussion.

I respect your knowledge and breadth of experience, but your biases are apparent.
What gives society the right to have a progressive tax system that expects those with more to contribute more to the common good? Because there is a general belief that everyone is dependent on the community in which they live and should contribute to it.

Currently, extremely wealthy people get tax breaks for contributing to "charity". The majority do so by creating a Foundation of their own to invest in the charitable causes that they prefer.

However, taxation goes to where the community has decided is needed, hopefully through a form of representative government.

We should not have to rely on Bill Gates deciding to invest in vaccine research to ensure that it occurs. Some of his wealth, now accumulated, should be returning to the common-wealth via taxation.

This ensures that wealth does not accumulate within very small groups of people to the extent that the rest of society does not also share that wealth.

In short, Ayn Rand was wrong.
I use it out of raw simplicity. I have an iPhone already and I've found it pretty brilliantly easy to search up an artist and add it to my library.

I don't often stream, though. I will when I'm working—usually via Apple Music web (I'll give you the web interface there, but it is fairly new) or Youtube (can get annoying).

Apple Music on my phone has been great, though. Probably the thing I like most is that it blends the downloaded albums from the streaming service with my existing library. I don't have enough experience with Spotify to know if that's possible with it as well.
What trouble will it bring?
In investing, this is why expense ratios and fees are so important to pay attention to. They're this.
Note: I am note defending any previous arguments, just trying to make a fact clearer.

Your calculations was right in that idealistic tax system, but the real world is really messy with lots of exceptions, Tax credits, Benefits, and such.

Building on your example, I will add a little Child Benefit to make a slightly less ideal idealistic-scenario.

Assume If earning < 100: child_credit = 3

Assume 1 Child

If earning 99: take_home = (99 * 0.9) + 3 = 92.1

If earning 100: take_home = (100 * 0.9 + 1 * 0.8) = 90.8

-----

I chose this example because I remember vividly a story about a family in the UK that avoided getting promoted because their take-home would decrease. Of course it have to be a very small promotion in order to not be worth it. I don't know if cases like this is rare in the US, but it is generally a thing.
The hidden bigger news here is that IE11 (and legacy Edge) finally have an official EOL date of August 17, 2021. The true end of an era.
I always thought of Iron as the foundation for Rust. But then again, I'm told I like dad-jokes.
This is exactly right. This email was never meant for public consumption, although I am glad it's out now in case it may change things for others. I do love native mobile experiences, and especially iOS. Keep in mind, Android has come a very long way to close the gap in the last 6 years. I may have dismissed other platforms too quickly, but I also believe that I would not have been able to build the products I did without this singular focus / passion. It was an iOS recommendation app, in my opinion the only way to make a great product for that is to be on the native platform.
I have been using goatcounter [0] and love the simplicity. I used to use Matomo, but they want a lot of money to see the referrals from google search/etc. And it's a heavier dependency. Goatcounter is a drop-in golang binary.

[0]: https://github.com/zgoat/goatcounter
Ask HN: What Is the “Core” Package?
There are so many softwares, languages and frameworks that have the so called "core". This is something that I struggle for a while because to me it's not that clear what should be considered the core. When do we need to create a core package? Do we even need a core package? What should it contain? What do you guys think?
When the population collapses, the species will go extinct.
Hey Adam! Thanks for that comment the other day :)

We need the foundation to exist before we can accept donations, unfortunately. And that takes time.
Well I can make a hypothesis that the human brain will not be able to easily forget centuries worth of memories given the thing that after a certain age people often report having clearer memories of longer ago events than newer ones and that these memories will come back to them periodically, will over time the long term memories be filled up?

my personal feeling would be no, you will keep getting that memory of the person you liked in high school when you're 600 but your probably won't remember anything particularly clearly past 20 years before and the stuff from your 70s-80s will be totally gone.
The first time I heard of it was the wave of articles a couple weeks back about how it was failing and would probably shut down soon. Suddenly it was everywhere but it was all coverage of how it'd already failed.
Good news. All the best for Rust going forward.
I have something similar with movies with lot of characters, I confuse faces quite a bit and try to take in other cues but depending on how the movie was made it is either successful or not. But I don't think I have prosopagnosia, most likely I don't have it. In crowds I get a bit disoriented and I did confuse people but that's a whole different story, there's some anxiety when my brain has to keep track of too many people.
I am (obviously?) kidding, which you would know if you saw me. (Too good looking for startups too).

I did not mean to upset you.
It's there in the tweet he links: https://twitter.com/behdadesfahbod/status/127513187003691417...
I'm surprised they still haven't. I gather that some cities have them, but one generic "summon a cab" app hasn't arisen. I suspect users would be just as happy getting a dedicated taxi rather than the somewhat hit-and-miss nonprofessional drivers.

They just want it to be simple and reliable. The taxi companies left that market open. I believe the success of ride sharing has less to do with the sharing, and more with the ease of being able to get a ride. I'm sure the cab companies would hate to give up whatever it is they imagine to be their differentiators, but users just want to get from point A to point B.
I think you are also being a bit misleading, you do mention how much richer people are today but this really can't be overstated. In 1861, only 3% of the population earned more than $800 per year. So the original income tax only applied to the very rich.
What I said is they're far from being a ruling class.

Of course they have some political power.
Inequality by itself is not bad, in fact if you have an extreme society with no inequality you've essentially produced perfect socialism and a society where everyone is equally poor and there is no innovation, no difference in outcomes.

Extreme inequality tends to destabilize society. At some point all the multitude of have nots get sick of their lot and rise up and take from the haves by force.

So I would say inequality is good, in manageable doses. The question is are we headed to a managable place?
And yet, there is this newfangled streaming of videogames over the net...