66% is insane, like if I saved up $500k to retire, I’d like to be selling some every year, like 5% (actually a little more but this is for easy numbers). That would get me $25,000 per year, then I’d pay capital gains tax on that and have about $20k left over. A modest retirement, could move to somewhere inexpensive and retire on that.
A 60% capital gains tax means I would have to save 1.5 million dollars to achieve that same retirement.
If you save money for retirement you’re ideally selling gains off of that money. Like you have 500k invested in something safe like bonds, it’s making maybe 5% a year, so you live off of that 5% in early retirement and a bit more than that in late retirement. Then you have money leftover when you die, so your heirs can have it.
A U.S. Navy submarine has arrived in Guantanamo Bay, Cuba, in a show of force as a fleet of Russian warships gather for planned military exercises in the Caribbean....
“Emmanuel Macron, the French president, has announced that he is dissolving the national assembly, and calling for legislative elections on June 30 and July 7....
Is this because they waited too long, or because the answer is something other than anti-immigrant sentiment?
For example, there’s this statistic that almost everyone dies shortly after having CPR performed on them. Paradoxically, that doesn’t mean CPR is bad: it absolutely saves lives. It’s just that they do it too late on a lot of people (and also perform it on a bunch of people who are going to die no matter what but that’s not the point of this anecdote).
No. In the US at least, wages are up for blue collar work, and that’s where the economy was most vulnerable. Inflation has been bad but it’s coming back under control and wages can outpace it in the next couple years, median wage growth already has (yes I have a hard time believing this too, but that’s the numbers).
The last financial crisis had a flagrant cause in default-prone loans. There isn’t such a problem right now.
The largest crisis we are running into is a crisis of propaganda, where people are being told “everything is terrible” when in fact the numbers show that everything is pretty great… except for white collar tech workers (me!).
I think the tech market will rebound the second that the fed lowers rates again, because tech is fundamentally capital intensive and speculative. So you need cheap money to fuel tech. Video games deflated/corrected a bit but that’s fine, those people can work on other things.
They’ve been raised on systems where you don’t need it, and they fundamentally don’t understand how one talks to a computer. It’s actually quite a bit to learn, and if you didn’t grow up doing it, it seems like a big cliff.
Safety standards caused passenger cars to get larger more than anything else (trucks got bigger because of weird fuel economy regulations).
Roll back safety standards and we can have small cars again. It’s probably worth the amount of excess deaths it will create, but someone should do a study.
People who work declining agriculture and heavy industry jobs want easy solutions. Republicans promise them easy solutions (tarrifs, bring the jobs back, stop immigration). Democrats bring up difficult things (retraining, actually nothing else).
So of course they want the easy solution. Who wouldn’t (doesn’t matter if it will work or not, the hard one sounds too hard for them).
Dems need to find easy solutions to get those people on board, otherwise they are screwed. Biden has started doing this by embracing tariffs on China (which are not working, but are VERY popular among the people they are slightly hurting).
This is some Fox News shit, she had a bad dog that bit people and shot it, big deal. That’s how life is in the country. This seems like sensationalistic garbage to get clicks. M
Talk about the actual issues. Talk about how these fascists are trying to take over the fucking country. Talk about how they are trying to enslave women’s bodies. Or roll back rights for sexual minorities. Etc etc etc.
He is as anti Israel as he can be. Usually anything less than full throated support would lose the election for a candidate of either party. And he’s still managed to condemn them a little bit, and is building a pier for aid delivery to Palestinians so fucking hmas can’t steal their aid. Like there really isn’t much more you can ask of a us politician without basically asking them to forfeit the election.
It’s no secret that America is an increasingly polarized nation. It stands to follow that our places of residence would also be divided. But instead of a donkey and an elephant, the new emblems of each party might as well be an unowned apartment in a big city and a home in the suburbs. Just consider what Aziz Sunderji has...
I think this is just some more urban rural divide stuff. It’s a lot easier to be a homeowner in rural places, since cities have much more expensive real estate and renting is more common. So rural people are more likely to be republicans and urban people are more likely not to be.
We had the million man march and stuff way before the internet. I’m not sure why I think this, but I think it may prevent organization more than it enables it.
I wish Ubuntu was just xUbuntu by default and that xfce didn’t have like 4 different settings menus for no reason. I’d also like it if there was a minimalist icon theme by default, and a dock like old school vanilla Ubuntu.
Electric cars sound great, it just sucks that they are all luxury vehicles right now. Like there’s no $3000 used electric car out there for regular people to buy. Hell there isn’t even a new $20k electric car.
Most people won’t do mass transit because they’ve been socialized to see it as gross. And it is gross. In my town there are always crazy people riding the bus harassing the driver because they are lonely, and the bus smells like pee. And the bus never gets you there faster than a car, so why ever ride it.
I think it’s totally legit to hate nvidias proprietary thing. You just have to realize that we live in a time when arguments are never in good faith, especially on the internet. “It looks bad” may as well mean “it hurt my feelings”
The Israel Defense Forces releases surveillance camera footage from Shifa Hospital showing Hamas terrorists bringing a Nepali and Thai citizen who were abducted from Israel on October 7 to the medical center.
Can’t believe it took me so long to get around to playing this but I’m so glad I did. Dishonored is still my favorite of theirs but now I’ve played all their games and they are easily my favorite studio because of their rich storytelling and immersive world design....
Tried it, game was too hard for me. I think it’s the kind of game that rewards you for investing a lot in it, which isn’t for me. It also didn’t really hold my hand enough. I play only a few games a year and I don’t have time to live in a games world and figure it out.
Hello lovelies!!! (lemmy.world)
Thoughts on terrorism (lemmy.world)
Trump World Reportedly Flirts With a Return to Mandatory Military Service (www.motherjones.com)
cross-posted from: lemmy.world/post/16599001...
Who’s telling the truth about the capital gains tax? | About That (www.youtube.com)
US submarine pulls into Guantanamo Bay a day after Russian warships arrive in Cuba (apnews.com)
A U.S. Navy submarine has arrived in Guantanamo Bay, Cuba, in a show of force as a fleet of Russian warships gather for planned military exercises in the Caribbean....
EU elections 2024 live: Emmanuel Macron dissolves French parliament and calls snap elections after huge far-right gains (www.theguardian.com)
“Emmanuel Macron, the French president, has announced that he is dissolving the national assembly, and calling for legislative elections on June 30 and July 7....
TBH 6 was kind of a downgrade from 5 (lemmy.today)
Is it possible to use Linux without the command line?
We’ve all heard it before: People claiming Linux isn’t a viable alternative cause you can’t run it without using the command line....
Innovation makes useful things smaller - overconsumption makes them bigger and more meaningless (norden.social)
cross-posted from: slrpnk.net/post/9992203...
Will Joe Biden be on the Ohio ballot? Top lawmakers say legislative fix is unlikely (www.dispatch.com)
Demand Walmart Sign the Grocer Code of Conduct
cross-posted from: lemmy.ca/post/21671776...
Additional classified records found in Trump’s bedroom after Mar-a-Lago search (thehill.com)
cheugy af (sh.itjust.works)
this picture is 27kb (lemmy.world)
Kristi Noem defends dog slaying as ‘responsible’ (www.politico.com)
Yes, Joe Biden Can Win the Working-Class Vote. Here are seven ways he and his party can reverse the slide. (newrepublic.com)
Slay the Spire co-creator advises that 'taking risks is actually the least risky thing you can do,' arguing for the appeal of 'hyper-engaging' games (www.pcgamer.com)
Biden closes gap on Trump but third-party candidates pose danger, polls show (www.theguardian.com)
Threat of Iranian attack on Israel is 'real and credible', says White House (www.bbc.com)
Tensions are high over the possibility Iran will retaliate for an air strike that killed senior Iranian commanders nearly two weeks ago....
New Biden rule aims to protect US federal employees if Trump is re-elected (www.theguardian.com)
I hate that I enjoyed singing that (lemmy.dbzer0.com)
Putin dismissed US warnings about a potential terror incident as 'blackmail' just 3 days before concert hall attack (www.businessinsider.com)
Gunmen stormed a concert hall in Moscow on Friday, killing at least 60 people and injuring more than 100....
The broken housing market is merging with America’s polarized political culture (fortune.com)
It’s no secret that America is an increasingly polarized nation. It stands to follow that our places of residence would also be divided. But instead of a donkey and an elephant, the new emblems of each party might as well be an unowned apartment in a big city and a home in the suburbs. Just consider what Aziz Sunderji has...
Marcus Lehto: "I don’t have anything positive to say about EA, my recent departure, and how so many, including my team, are suffering due to the industry sweeping layoffs."
Biden says he’ll sign bill that could ban TikTok if Congress passes it (thehill.com)
Gaza Health Ministry says over 29,000 Palestinians have been killed in Israel-Hamas war (apnews.com)
What would you change about your favorite Linux distribution?
Examples could be things like specific configuration defaults or general decision-making in leadership....
Don’t Give Up on the Electric Car Dream | The Tyee (thetyee.ca)
AMD FSR 3.0 has exposed the ugly truth about most PC gamers (www.dsogaming.com)
Homeworld 3 - Homeworld 3 System Requirements (store.steampowered.com)
Surveillance footage shows Hamas bringing hostages into Shifa Hospital on Oct. 7 (www.timesofisrael.com)
The Israel Defense Forces releases surveillance camera footage from Shifa Hospital showing Hamas terrorists bringing a Nepali and Thai citizen who were abducted from Israel on October 7 to the medical center.
Best Buy to End DVD, Blu-ray Disc Sales (variety.com)
Just finished my first playthrough of Prey by Arkane Studios and WOW.
Can’t believe it took me so long to get around to playing this but I’m so glad I did. Dishonored is still my favorite of theirs but now I’ve played all their games and they are easily my favorite studio because of their rich storytelling and immersive world design....
Microsoft addresses the huge Xbox leaks: here’s Phil Spencer’s full memo (www.theverge.com)
The leaks revealed plans for a revised Xbox Series X.
SBMM can predict how well you will do to a certain degree every game (HALO) (www.youtube.com)