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Cake day: July 22nd, 2024

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  • killingsparktoScience Memes@mander.xyzi will never understand scientific fraud
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    24 hours ago

    Not the person you asked but I’m interested if I’m passing the vibe check

    I hate that NATO exists, but I see that it has currently a purpose because other forces would and did overpower countries that aren’t included in a military alliance with mutual support obligations.

    I want NATO to be a thing of the past as soon as possible but that doesn’t mean dismantle it and be helpless again. It means we need to get rid of the need for a NATO.






  • Yep that’s why the left is losing voters. This is, somewhat funnily, a result of them being partly successful. One of their main programs they actually achieved back then was to make education more accessible to the lower classes. While the education systems still have a lot of flaws, they are more egalitarian than they used to be. Percentages of people with higher education have exploded. (This is of course also driven by market demand and that’s why the liberals supported these policies to an extent making them possible). With this they split their former voting group into academics and non-academics. But they source a lot more party-personelle from the academic portion which leads to a feedback-loop that favours the academics. Since academics tend to have higher incomes and sometimes accumulate a little wealth they’d like to keep, the left depending on these voters looks a lot like the parties that always wanted to protect higher incomes and wealth.

    The ones that were left behind by that development are the ones that got turned away from the left.


  • Actually Piketty writes about this in his book “capital and ideology”. The left has been slowly losing support in the lower education classes which traditionally voted left, this has apparently been going on since the 1960s/70s. They either went to conservatives or stopped voting. Now that there is a new party that claims to actually listen to their concerns (even if they won’t actually solve any of these concerns) causes them to flock to that party. They have been disappointed by everyone in the political system and the populists are using this to their advantage.







  • What’s being discussed by Harris/Biden is the upper tax margin for long term capital gains. If you sell a house and then buy a house, no long term capital gain there to be taxed.

    But even if you just sell your house and want to go on renting for whatever reason not all of it will be taxed with that margin. Those margins apply to the amount of money that is over the cap for that margin.

    For simplicity let’s say there are two tax margins, 20% for capital gains below 400k and 40% above that. Then you gain 600k by selling your home. Your tax will be calculated like this:

    400k * 0.2 + 200k * 0.4

    So yes this might affect some house sales but depending on where that 44% margin will be applied it’s only going to affect a very little percentage and likely none of the “low to middle class” house owners especially not if they sell property to immediately buy new property.








  • The problem with this specific law is that it isn’t practically enforceable. You’d need to regularly search people entering this zone, which we will certainly not do.

    Law’s only matter if you can expect them to be enforced. Raising prices is easily enforced (because it would be done via taxes which are checked for correctness already).