skysight-inc/HackerNews huggingface dataset:
> For a founder to invest (eg., $1m) in starting a company

Do you mean founder, or investor? I don't know any founders who invest that much into their startup.

Startups are high-risk, high-return investments. If a wealth tax was introduced, wealthy people would need higher returns (as others have pointed out) to cover their tax obligations and so would invest in riskier investments. Like startups. So startup investment would increase.
Specification by Example, 10 years later
This has been downvoted, can someone add a counter-argument for this? I.e. why should someone with higher wealth be able to pay less tax (in absolute and relative figures) than someone with lower wealth?
> experience equity gains of $1M?

There is already a capital gains tax.
Also feel free to try drag&drop inside the calendar demo.

Desktop only as well (until the TouchSensor is ready) and still work in progress:

https://neomjs.github.io/pages/node_modules/neo.mjs/dist/pro...

You can only drag events inside the week view into valid states.
Fortnite: Epic files new injunction against Apple
Usually you want your mail client to be able to attach files to mails.
I grab my bike and go out looking for fruits
Startups are high-risk, high-return investments, so following your logic, investment in startups would increase after a wealth tax, right?
Apple to Enforce 1-Year Limit on SSL/TLS Certificate Lifetimes on September 1
Cool. I guess it depends on the uncertainty level of the previous consensus. Also whether we're talking about a change in the estimated date of a one-time event, or a lengthening of the duration that something existed.
Apple Threatens to Cut Access to Epic's iOS and macOS Development Tools
That was just an example to make the point clear which varies from jurisdiction to jurisdiction. But even in your 15% example the long term effects are very significant.
Are you saying you'd rather live in a country where the police will chokeslam you if you are caught not properly wearing a mask outside of your house[0]?

If yes => you prefer security over freedom. And that's okay.

[0] https://www.youtube.com/watch?v=fC7JnT3JaQk
I suggest tariffs and other cross border financial capture mechanisms to counteract people vacating the jurisdiction while still attempting to capture value from an economy they choose to not pay taxes in. Speaking as a citizen, I don't want my nation to participate to a race to a bottom or not capture the taxes they should because of a vocal minority (startup ecosystem participants). I think this is reasonable, and more important than startup dynamism considering the societal damage excessive wealth inequality causes (which eventually resets with violence or revolution, historically speaking).
America must counter China’s “military-civil union”
But even if they take out a collateralized loan, they need to be realize some gain somewhere to pay back that loan. Wherever that happens, it is taxed either as income or capital gain.

Nobody is going to loan Bezos billions and expect not to be eventually paid back, and that repayment can only happen if the wealth is realized as income, and then taxed.

> using relatively small asset sales

Those "small asset sales" are ultimately taxed. We can even talk about increasing this tax.
>Even a .5% wealth tax would start to keep founders away from a state or country that imposed it.

Yeah, that's why nobody ever started a company in France, which had a wealth tax from 1981 to 2018: https://en.wikipedia.org/wiki/Solidarity_tax_on_wealth .
Lateral Joins and Demand-Driven Queries
This may be drifting into "TMI" category, but... I like to take baths. No, I mean, not just "I bathe regularly", I mean, I take baths specifically for relaxation and to signal a break in the day (as opposed to a morning shower before work if I'm going into an office or otherwise going out).

If I "clock out" from my day job around 5:30pm or so, one of the first things I do is draw a nice hot bath, jump in the tub, and sit in there and soak in hot water and read a book, for about 45 minutes or so. A cup of coffee is optional. When I get out, I'm now in the "my time" part of the day.

I always enjoyed taking nice long, hot baths in the evening, but it used to be something I did much later in the evening, closer to bedtime. But I started moving them up to the "just after work" time very specifically because I needed some kind of act or routine or ritual to help demarcate "work" and "after work".
I don’t think Paul forgot, it’s why he phrased it in terms of stock not dollars. If you start a company and hold on to ownership for 60+ years, you could be forced to sell X% to cover the wealth tax over the years
I don't know, but you can do the exact same thing in Swift.
Really, he'd want the value of a donkey - not his money back.

But with a raffle, the 'take' can easily exceed the cost of the prizes. So I guess the son would still make out ok.
If you're using libraries for everything, nothing. If you need to implement network IO or something, you no longer need to use NIO to get NIO performance. You can just do blocking reads and writes in your threadlet and get the same performance with entirely serial code execution.
Having a dedicated room for the home office helps a lot, but is not always possible.

I’ve found that using multiple user profiles on my computer helps. During work I log in as my work user, and when work is over I close everything and log out, switching to my personal user. JFTR I work somewhere with a BYOM policy. You could do similar with a kvm or multiple laptops, etc.

Also, I configure but disable work email on my phone. That way I’m not checking mail 24x7, but if I get an urgent call I can quickly enable it.
Possibly one of the most moving interviews I’ve seen was Dave Brubeck talking about returning to America after WWII and witnessing racism towards black veterans.

https://youtu.be/stadqAHRroA

The story he tells at the very end brings me to tears. What a genuinely good human being, and a musical genius.
> FWIIW Wes McKinney was also inspired by J when he wrote Pandas and Arrow.

Do you have a source for this? I always assumed it was based off of R, just from the syntax.
> most people will simply not pay because that's the simplest option.

I would disagree with that. If you are young and tech/internet savy and have time then sure. But if I get back home after days work. All I have time/strength for is to put on netflix to watch the show i heard from a friend.

Convenience trumps piracy. As long as its more convenient.

The moment I need to figure out if that show is on Netflix Hulo or Amazon, etc the convenience factor is diminishing.

I will check if its no netflix, no... hbo... no ah fuck it, piratebay it is.

> On the otherhand, people will support people directly to create, patreon already fills that niche, but in that respect "you" the creator are the product not just what you create.

I have monthly budget for patreon to support people I like. There is a lot of high quality niche content that I want to see being made so I chip in.
A backup would be resistant to someone accidentally deleting all the files, for instance. Replication would not.
That's rarely the case as it is. The majority of wealthy families lose their money in just a few generations if they aren't actively working to maintain it.

https://money.com/rich-families-lose-wealth/
Super-Charge Your Python Builds – Test What Matters, Stop Testing What Doesn't
But they did backup the original data - the article states that the problem was with deploying wrong cleanup code on the long-term storage (that was supposed to be only deployed for the short-term storage). How do you guard against that? You could store everything in backup storage & never delete it, but that has implications:

- privacy

- legal (GDPR)

- cost
etc.

It's basically a "black swan" event, they designed their system without anticipating this particular failure mode. It's easy to claim in hindsight that "they should've or they should not go into that business" but seriously.... look in the mirror. Are you as tough on yourself when it comes to your customers? Can you honestly claim that there's absolutely no failure mode that could result in customer data loss?
Change in price of the underlying asset doesn't matter/ change how much the government will take as a % over time.

If I have a 100 shares they'll take 1 share year one, slightly less year 2, etc regardless of the price of a share.
Groovy also does it. I have no idea what the name is though: https://mrhaki.blogspot.com/2009/11/groovy-goodness-passing-...
Well, they're already actively developing Kotlin Native...
There is some work with LLVM for DOS (32bit):
https://github.com/Zirias/clang-libdos

Still, I would like to not only cross-compile for DOS, but to develop/compile on the DOS machine itself. I think that it might be actually possible to port Nim or V-lang compilers into DOS platform.

It would be perfect distraction-free development platform...
I've recently started using shiv to package apps for internal deployment. Relies on the proper version of Python being installed on the server.

Briefcase is another option. It bundles everything, including Python. I've just started playing with it.

https://shiv.readthedocs.io/en/latest/
https://beeware.org/project/projects/tools/briefcase/
Ohhhh, duh, so they did. Thanks.
Work a couple of hours, take a long bike ride with a destination (usually a lunch spot), return, shower, work a couple of hours, close my desktop and make dinner.
Yeah fair point. I guess we'll see how it all plays out. Personally I'm really hoping for some app store regulation changes at the very least.
Big money, not big data
As billed, this is good stuff.

I have a client who has millions of rows of data in production—and we have to run our test suite against production because they have no curated staging data set. This would allow us to save multiple minutes every dev pipeline and local test run (which are typically too slow to even run locally).

Looking forward to see you growing!
For all intents and purposes, I equate the Fertile Crescent with the Mediterranean world. The big divide I'm talking about is crossing from China across the variety of deserts to reach Mesopotamia and the Mediterranean.
He also recommended a very small wealth tax to understand what wealth there was to begin with.
Yeah, it's mostly elementary age children who don't seem to spread it. Teenagers seem to be just as bad as adults. In Netherland, recent infections come mostly from older teenagers and young twenty-somethings.
I see no reason to be alarmed. It’s highly unlikely the government would be taking from your stock directly. Requiring shareholders to pay cash equivalent to a percentage of their shares is reasonable, although with hyper-growth companies that don’t pay dividends, this could get tricky. Maybe it would incentivize more investment in dividend-paying companies?

Also, FWIW, I think it would be better to impose a wealth tax in place of income tax, as much as possible, rather than add the wealth tax on top. Income taxes are fundamentally unfair to people with high healthcare expenses, children in college, etc.

A common objection to wealth taxes is the difficulty of tracing assets. But in the Muslim world, for example, a 2.5% tax on wealth was collected more than a thousand years ago, and I would imagine most rational, even moderately wealthy people today keep most of their money with financial institutions, making the government’s job much easier than it was in the past. And the danger of people hiding their wealth in diamonds, paintings, yachts, etc. could easily be avoided with a tax on luxury goods.
That doesn't make sense. Once you hit a threshold, usually the amount of money below the threshold is taxed at 0% or a lower percentage, then anything earned on top is taxed at a higher rate. You still earn more money by earning above the threshold.
If you want to learn a bit more about Dirac's life, I really recommend reading "The Strangest Man" https://en.wikipedia.org/wiki/The_Strangest_Man
would have liked to hear about how the blog worked out. what was your traffic like. How did you best blog article perform.
If we get a pathway of connecting to the brain, you'll need no smartphone.
How COVID-19 affected my family's spending
The point is that he arrived at this conclusion by building up a strawman.

That 26% is over 60 years, ignores the fact that the stock will appreciate over time, ignores the fact that all wealth taxes have high floors, etc.
Seems like a lot just to learn web coding.
The 50% tax that pg dislikes for startup founders is basically what I experienced during our startup’s liquidity event. I imagine that a fairly large number liquidity events are the same.

The acquirer paid us out in cash, which meant we were taxed at the highest marginal federal income tax rate of 37%. California taxed 10%, making the total 47%.

I only kept a little more than half of the upside, but it was still life changing.

I had to pay the taxes immediately. In pg’s example, the wealth tax would require payment over 6 decades, which is easier.

The wealth tax seems fine to me.
Very much. The numbers politicians have thrown around have had floors from 100 million to a billion. If Graham is speaking to the interests of future 100 millionaires I think most of them should be far more concerned about the country they live in when they almost assuredly never get anywhere close to that ceiling. For the few who do, who can shed tears when someone with 100s of millions is thwarted by government policy from reaching levels already so far beyond that which would compromise the happiness of an extremely privileged person. Nobody realistically suggesting something that is going to blunt startup Johnny's adventure to make enough money to buy a huge condo in SF, a Rolls Royce, a yaht, and a private waitstaff, if that is what Graham is raising alarms over. Johnny can keep dreaming.
Given the litigious nature of Oracle, how hard would it be for Kotlin to be useful without reference to the JVM at all? Is Kotlin/Native ready for prime time and can it be used for mobile/embedded/IoT applications currently or is it still a work in progress?
Is that because of the low tax in US or because of the US is a single market while Europe is not.
I picked up the "meme" long before the word "meme" entered the vernacular in the sense that I think you are using it. I had the good fortune of attending a Jesuit HS in NYC when grammar was prescriptive rather than descriptive, you took two years of Latin, and studied world religions, and the preciseness of language mattered. Mr. Caruso, my sophomore year History teacher, asked the first day back to school, "Is the United States a democracy?". Like most I said 'Yes'. He then lectured on early U.S., and other types of governments. It was an eye opener for me, and taught me to question my assumptions, and try to be more precise in my language and arguments (logical ones, not emotional ones). My comment about "diluting" comes from people throwing the term about to a point that it becomes meaningless out of context. For a similar commentary, this quote in the Wikipedia entry for a search on "democracy", seems in agreement: " However, the noun "democracy" has, over time, been modified by more than 3,500 adjectives which suggests that it may have types that can elude and elide this duality."

Thanks for the links. I found the first link interesting and then disappointing, since I had worked at a bookstore in NYC in the early 90s that carried a lot of philosophy books, economics books mainly from the Austrian School, and so the mises.org link caught my eye. Ryan McKaken the author of the article basically dismisses the use of "we're a republic and not a democracy" when used as an argument in two cases of what he believes people are thinking. I was pointing out that we are not simply "a democracy", but more precisely constitutional republic, no more, no less.

How do you answer the question, "What type of government does the U.S. have?"
How to Practice Vipassana Meditation: 11 Steps (With Pictures)
I have a dedicated space for work. When I’m not in it, I’m not at work.
Newer Macs with T2 chips and Activation Lock enabled are similar. In either the case of T2 Macs or iOS devices I'd be happy to just reset the device myself rather than giving credentials. I was surprised that they asked at all - in my mind, asking someone for a password is verboten.
I remember there being distinct periods where:

- Genesis was out but we were still mostly playing NES games.

- Playstation was out but we were still mostly playing SNES games.

- PSP was out but everyone stuck to GBA.

- I was on hiatus from video games when Wii happened, but I was aware that most my friends had one, even if you wouldn't know it, because ps and xbox were more popular with (the minority of) people who want to talk about video games all the time.

My guess is that Nintendo has a few key parts of their strategy: More casual gamers don't actually care about having the best graphics (corollary: more casual gamers won't spend an extra $100 on better graphics), you need something that feels new & novel to attract the attention of more casual gamers and motivate them to buy, and technical constraints foster the kind of creativity that does that. Perhaps even more so than clever hardware gimmicks.
didn't think the post office could own a patent?
Did piketty explore unifying capital gains with a progressive income tax? Inflation is already a tax on wealth, but the wealthy beat it by the large return on investment. If you reduce the return on investments to below the rise of wages, then doesn't that solve the problem he describes in his book?
I've found switching on is more difficult than switching off these days.
You have the highest absolute death rate and the 8th highest rate per capita. Do you realise your list is literally the list of worst hit countries in the world?

Look a bit further down... Australia 17.2, Vietnam 0.26, Thailand 0.84, New Zealand 4.5. Indonesia, with a comparable population to the USA but far more densely populated - and far poorer - is just 23.9.

The USA, richest country in the world, reserve currency of the world, has the 8th worse death rate in the whole world. That is vile. Meanwhile, your moron in chief is pointing to New Zealand and saying it’s out of control there because they had an “outbreak” of 9 cases. 9!

That’s roughly how many new cases the USA has every 18 seconds.

There is no excuse for what’s happened in the USA.
> I'm highly skeptical of the claim that such tax would discourage startup founders.

Discourage starting a company at all? Probably not, but the article does not suggest that. Do you think it might influence where they start it? Looks reasonable to me, at least qualitatively.
Hm, but couldn't you say the hardware in the SNES fits the description above; the 65816 was essentially last-generation 8-bit hardware with some modifications for 16-bit/24-bit addr support. They went this direction while most everyone else was going 68000. Remember this is the era of the Amiga and the X68000 and many arcade games were going 68000 based.

They then bolted that to some pretty good video hardware but again it wasn't the kind of bitmap addressable blitter supported hardware that was out there on more advanced systems. It was still sprite/tile based stuff, with specific hardware support for common character-movement/scrolling/sprite/tile management, basically a more advanced version of what early 80s gaming systems had done.
> The J is inscrutable

It's understandable after a time, like all else.
Or at least in an append only data store.
1. a place or space for work only.
2. turn off every equipment related to work,
3. get away from the place or space to work.
4. enjoy life.

It works for me.
I'm not necessarily in favor of a wealth tax, but this essay is deeply flawed for the many reasons identified in other comments.

What struck me is that I showed it to my partner who has no formal finance training and she quickly identified the major flaw that seems to have escaped Paul Graham: a wealth tax is a percentage of the dollar value of wealth, not a percentage of the number of shares of stock you own. The dollar value of shares tend to increase over time, a basic fact not reflected in this model.
If we accept that price inflation is driven by inflation of the money supply, and that Cantillon effects send most of this new money to the financial markets, then we may conclude that this process drives asset inflation in the financial markets in which the wealthy participate.

That is to say that inflation doesn't harm the wealthy. They benefit from it. Inflation will cause the floor to creep up to everyone else.
Yes, but at the end you'll still have more real value in that stock then you had at the start, assuming your stock at least performs equal with the market.
I love this product!

Pieter Levels is rocking!
Simple... I stop working after 6.

There are some exceptions (late night releases - but those are planned).

Otherwise, it's simple work is 9-5 and 6 is a hard cut-off.

Games, outside yard work, podcasts, etc. at 6 - if not earlier - a hard switch occurs.
Correct me if I'm wrong but if you use swagger / open API you can abstract out your docs and they're portable?
It's equal enforcement among all developers. Every other time that a developer has intentionally broken app store guidelines Apple has terminated their entire Developer account.
Considering the risk-free interest rate in the US is currently around 0.7%, finding a low-risk extra percentage point return is non-trivial. Most of these people have wealth managers or invest in funds; you think if they could earn an extra percentage point return without much risk, they wouldn't already be doing that?
5pm latest -> work laptop closed and put away. easy as that.
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Last year we were chosen a Top Pick by TechCrunch at the Disrupt conference. Next Disrupt in SF is coming in less than a month. Read about our journey and takeaways.
So far the GPU backends are not all that.
Evidence points to the contrary: Taxes reduce profitability and therefore limit risk taking behaviour by companies. Same is most likely true for individuals because it reduces their income.
Also, wealth inequality isn't really the issue: few people are going for literal equality here, and it's misleading and disconcerting to people.

The problem is wealth EXPONENTIALITY. Pretty much any billionaire or trillionaire, as a person, produced more effectively when they were a millionaire, or even less wealthy than that. There is NO benefit to having individuals directly control wealth on the scale of small (or large) countries, and very little benefit to having collective entities like corporations controlling wealth which is that out of scale with other entities in their environment.

Wealth exponentiality is the problem. Equality isn't at all necessary.
There is plenty of movies that are not available to me. They're not available for streaming or as bluray, and in some cases cannot be imported legally either.
Government Spending is included in GDP and government services have value to a society.

It is not simple just a management fee because instead of being used to purchase a luxury goods it may be used to improve healthcare, infrastructure or regulating industry.

If it wasn’t for government investing into DARPA none of these startups would even exist.
This same client is a bit of a penny-pincher.

Are there any plans to open this up so we could host the infrastructure and then pull a SQL import dump or something along those lines after running the CLI part? This would reduce your ongoing costs to reduce our monthly fee? ($130 would be a very tough sell, even though I think the business value is there.)
So the deer I saw with two cell phones and solar panels taped to its head speed dialing Dial-A-Joke was a study animal? ;)
Are we really saying governments should get to manage an even bigger pile of society money?