🎓 Dr. Freemo 🇳🇱 @freemo@qoto.org

@freemo https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax

@freemo @ejg I agree with what @freemo points out. People get outraged about how rich somebody is. And that is true. Except huge part of that wealth is only on paper in the fluctuating value of financial (and other assets). But nobody pays taxes over their net worth increases, we pay taxes from realised income.

Anyhow, these concepts have issues. For instance where I live, it can happen that you own say 50 shares of a startup (let it be 50%) which is worth 1000 bucks starting capital, then the next day investor comes along, buys another half for 1Mio bucks and the third day you have the tax office on your neck to pay taxes from a wealth increase (income) of 999k bucks, while all along your cash position did not change at all.

What I am trying to point out is this: Whenever people complain about rich people not paying tax on their wealth increases, the real question to them should be:
1. So how exactly will you legislate it so as not to harm everybody along the way?
2. And suppose if we all pay taxes even over wealth increases which are only on paper (because the stock you own or control went up due to market fluctuations, or geopolitics), what will we do when next year a person's net worth actually decreases? Will the tax office reimburse us, or what?

These are just headlines to cause outrage, nothing else. What actually helps is to tighten up the laws about income taxation and also classification what constitutes income and what does not. If e.g., Bezos has a salary of 1000 bucks and that's all he lives off, he shall pay taxes as a 1k income guy. But if he besides that lives in a house owned by Amazon Inc, drives a car owned by Amazon Inc. and flies Amazon-owned aircraft in his private capacity, then those effects should be counted as his income too. There are countries where this is sorted (at least on smaller scale) better.

@freemo copyright lower left 1897 (yes, people were trying to copyright something that is essentially the golden rule that far back)

@freemo Oh, I do still have it, I just hadn't pushed it anywhere in a long time

https://gitlab.com/dustyweb/org-diet/

Here you go!

@freemo from my great grandmother ... still on our wall today.

I found a little kitten, please Fediverse guide me on how to handle him, what to feed him, etc

This is a tutorial. I know my #handwriting isn't great but what I write about is useful, I promise. This is 1 of some number of "parts." I need to talk about how to apply it to size and style as well... and how it applies to the space between words. I know some of it is obvious but for the sake of being thorough I'll write about it.

#blockletters #handwritingtutorials #unjoinedletters

Tusky_1622916814647_LN7GHB77A4.png

@freemo
Lancenull = no lance; arms crossed
Lanceno = no lance; hand open
Cpt Lance = Lancelot in Captain Morgan pose
Lancemo = Lancelot with a lance in one hand and the other hand outstretched and open.

@freemo

Lancearmstrong: <insert drawing of Lancelot with a huge biceps>

Princess and her hero.
#fantasy #art #illustration #princess #gamedev #bookcover #darkart #character #mastoart #fediart #fediverse #mastodon #community