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greyw

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In Switzerland this fictional imputed rent is actually extremly real. We have to pay taxes as if it was earned income.

So you live in your fully owned flat, pretend to rent it to yourself and then pay income taxes on that amount. The point is your government can make this "fake" value very real.

Luckily we recently voted to abolish this tax so it will be gone in some years. This tax was introduced as an emergency measure in ww1.

I have this incredible strong urge to try to understand how our world works. I keep finding new topics in physics I just need to understand to calm this urge. Back to grinding differential geometry for me. Im long past college

That doesnt matter for the 10-k report. Its a fully consolidated financial statement. They have absolutely trash operating margins. If you look at their customers (artists and visitors) you see why

Credit cards are strictly better in all aspects (rewards, protection, free working capital, etc) UNLESS you are bad with money/finances.

So there is actually no good reason to use debit cards. I say this as a former user. Makes no sense at all once you think everything through.

[dead] 6 months ago

Look you keep putting words in my mouth in a quite rude fashion.

You make this situation confusing by basically arguing against a strawman. Where did I say lenders are a homogeneous group? Where did I say that lenders dont understand risks and interest rates? Im pushing back against the prevalent notion that PEs are somehow hoodwinking lenders into constantly taking losses. Its not happening. Thats it. Feel free to show me data that proves otherwise.

If you just want to do a monologue about PEs and their shenanigans then please by all means do so but dont do it as a reply to my comment. Thank you.

[dead] 6 months ago

PE do LBOs. Yeah. And?

I only contest the claim that lenders are the dumbasses that keep on taking losses. It's nonsense.

Despite having been a tax advisors apparently you don't understand that. That is suprising. Kinda shows that your role doesn't necessarily translate into knowledge about how companies operate.

[dead] 6 months ago

Banks are not taking huge losses because a huge fraction of loans to PE work out.

Imagine believing PEs are just constantly scamming banks out of their money. Yeah sure.

Its just that people have this carricature of PE in their head plus we are on HN where there are a huge fraction of Dunning-Krugers when it comes to topics about economy. Thats why you get these internally inconsistent arguments

Linux is good now 7 months ago

Vivado has a native linux build. Windows is the port not the other way around. The whole EDA suites from Cadence and Synopsys is native linux.

EDA tools are all historically UNIX tools and still to this day

The highest marginal wealth tax rate in Zurich is 0.47% and 0.9% in Geneva starting at 2-3mn CHF. It's not irrelevant at all

If you now earn 4% on your capital and pay 0.9% wealth taxes that is like a 25% tax rate on your unrealized gains. Inflation is close to zero anyway and interest rates are negative.

Obviously I prefer that system because we can compound essentially tax free to a couple of 100k before having to think about taxes.

Looks interesting. Posh is a bit too adventurous for me (I wish there was a smartphone running FOSS android out of the box)

Quota tracking when using docker subvolumes is basically unusable due to the btrfs-cleaner "background" task (imagine VSCode + DevContainers taking 3m on a modern SSD to cleanup 1 big docker container). This is on 6.16.

I had to disable quota tracking. It lags my whole desktop whenever that shit is running in the background. Makes it unusable on an interactive desktop.

All my accesspoints and routers run OpenWRT. Love it.

At some point I even ported OpenWRT to my unsupported tplink device. IIRC I hacked together a devicetree and made some small modifications to the tplink loader code.

Funnily enough when I made a PR on github it was basically ignored after I implemented the feedback. I proceed to instead send the patch to the mailinglist and it was merged the same day without comment. That must be some kind of skill filter...