Eddie (@mathamagican )

Eddie

Bio Interests: Data Analysis, Economics, Politics, Modeling, Programming, Insurance, Medical costs.
Background: Work Comp Actuary

Location San Diego
Tweets 71
Followers 31
Following 324
Account created 26-03-2009 05:46:11
ID 26697912

iPhone : Enrique 🎧🐈 Elon Musk Norway funds everything from a massive sovereign oil fund! Did you forget Democrat’s won’t let us drill in ANWR? Dems won’t let us follow Norway’s policies. Always focused on the spending not where the money comes from with you ppl.

iPhone : James Comey Holy shit James you ran a perfectly serviceable FBI into the ground because you wanted it to be all about you instead of the country! Don’t release unfinished work or influence elections. You made it the Comey show instead of respecting our country or institutions. Embarrassing.

iPhone : Jeff Tiedrich [retired account — see bio] 2018 poverty in the US hits record low; cut almost half since the 60s. thanks to legislation passed by both Ds and Rs.

-EITC (Reagan and Clinton)
-Child tax credit (GWB, Trump)
-Medicare part D (GWB)
-SNAP food stamps (Obama)
-recovery act (Obama)

cbpp.org/research/pover…

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 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.