Bio Interests: Data Analysis, Economics, Politics, Modeling, Programming, Insurance, Medical costs.
Background: Work Comp Actuary
Location San Diego
Tweets 63
Followers 28
Following 269
Account created 26-03-2009 05:46:11
ID 26697912
iPhone : Holland Jon Garcia TheCubanMan17 Tim Cook Golden Globe Awards Ricky Gervais But Apple has a lot of sway over their vendor Foxconn. I think people want Apple (who reaps huge profits on iPhones) to pressure Foxconn to improve worker conditions. Vs you know pushing workers to their death off rafters for revealing info to media about their next model iPhone.
iPhone : Gonzo Georgism 🔰🔶 So tax corps that hold stock? Would it be an asset tax or tax on dividend/appreciation? It’s still a corporate tax of sorts but could work. It stills seems like I should reclass my sole prop into a corp though. Still could work let me think about it.
iPhone : Gonzo Georgism 🔰🔶 Ok that’s fine but how do you tax equity growth correctly? Many corporations are not publicly traded. You could just have a corporations and never return dividends. I’d just take my sole prop and put it in a corp and never pay any taxes.
iPhone : Gonzo Georgism 🔰🔶 Why does a corp have massive liquid assets anyway? Usually required by the government to ensure a liability is paid... which can be a real problem when you create a fictitious entity that limits liability and cannot be incarcerated.
iPhone : Gonzo Georgism 🔰🔶 Your arguments rest of the premise that corporations have to exist but actually they don’t. Their existence is a form of big government. Everyone could throw a dollar into a had and sign a contract and the entity would act like a corp but without limit liability.
iPhone : Gonzo Georgism 🔰🔶 Re #1 I agree this is more of a problem when the corporation is acting as a passive investor. I would be more in favor of passive investments having no corporate income tax than general business profit. There is precedent in some industries for a lower tax on investment income.
iPhone : Gonzo Georgism 🔰🔶 A sole prop with the same bus model and expense structure as a corp can return higher profits and lower prices than a corp due to no double tax. The corp must match the price to remain viable. Investors get lower returns for limited liability. End prices not are not affected.
iPhone : Gonzo Georgism 🔰🔶 Corporations pay income tax as a price for their fictitious limit on liability. Sole props do not pay double taxation. Forming a corporation for a business venture is voluntary and the price (corporate tax) is an excellent value given their prevalence.
iPhone : Danielle Webb farmer laura💛🐥 T U P P E R No you can see the cross bar in both of the first 2 swings. Looks it’s edited. I think he is facing the building as the angle is not correct for support bars when seeing him swing away from the building. He would be running into them plus spacing not correct.
iPhone : Gonzo Georgism 🔰🔶 basehead James Medlock Hey sorry to butt in on this but I found this convo while following some people on Georgism and got excited about seeing a thoughtful and sophisticated discussion on the topic. My back ground is in worker’s comp and spend a good chunk of my day life on medical costs 👍
iPhone : Gonzo Georgism 🔰🔶 basehead James Medlock 🧦 The basic answer for people on the left should not be ‘Medicare for all’ but NHS. In practice this means expanding the VA health admin to non-Vets not Medicare.
iPhone : Gonzo Georgism 🔰🔶 basehead James Medlock Big dollar lobbyists have co-opted the left’s debate on universal health care debate and successfully turned ‘universal health care’ into ‘single payer system’ which has turned into ‘Medicare for all’ which means the checks for needless services continue to flow.
iPhone : Gonzo Georgism 🔰🔶 basehead James Medlock 🧦 Medicare for all will make things worse because the low level of oversight (ie overhead costs) will turn on a machine gun of check payments to providers already abusing the system by providing unneeded treatment or worse billing fraud for services not even rendered.
iPhone : Gonzo Georgism 🔰🔶 basehead James Medlock 🧦 US health costs are driven by: fee for service instead of outcome, self dealing between primary and treating physicians, pricing and quality obscurity, unsophisticated buyers and 3rd party payer problem.
iPhone : Paul Krugman You clearly don’t live in California. My first trip to the DMV after moving into the state took 5 hours... with an appointment.
iPhone : Andy Ostroy Donald J. Trump Melania Trump Honest question, do people like you realize your existence is vapid or do you honestly think attacking people’s clothes is a meaningful way to spend your short time on this planet? I am honestly curious.
iPhone : Mike Duncan Hey 👋 Mike! I’m on 100th episode of history of Rome and I love it! Thank-you for all that hard work. I feel like I’m listening to a history of you from the 2000s as well. I can’t wait to find out what’s happened with you since. carpe diem buddy!
iPhone : Terry Dactyl William Shatner You do realize the boomers were the ones who came up with ‘don’t trust anyone over 30’ when they were under 30 right? No other gen was so arrogant. It’s not the greatest gen or gen x that’s the problem, just the boomers.
iPhone : William Shatner Yo ❤️ you Will & the greatest Gen. Problem with Boomers is they never listen and just brag as they exploit and destroy what greatest G built. Yes millinials whine but if you calm them down and give them a latte they will actually listen and do useful work and collaborate -Gen X