anemitz
Joined 16 years ago
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Member since
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Recent submissions
Comment · 7 years ago
Comment · 7 years ago
States that have low state and local taxes do so because the federal government subsidizes their low taxness.
Yes and no. Texas and Nevada are bottom 10 ranked on federal funding per capita. They also have no income tax. Alaska and Wyoming are top 10 ranked in federal funding per capita. So it's not as black and white as you're claiming. Revenue comes from many sources at the state level not just income: licenses, mineral rights, sales, property, etc..
Comment · 8 years ago
1) I believe most employees were paid more in that discussion from 8 months ago.
2) If any employees own equity it's also in their best interests to buyback shares since they'll own more of the company. It also means the founder(s) see a bigger potential pay out in the future and will continue putting all of their energy into the business.
The Buffer team's idea of success became different from the VC's who initially invested -- it's smart to capitalize on this and buy back your cap table if the price is right, you can afford it, and you think the company will succeed.
Comment · 8 years ago
In the U.S. this is how employees work as well -- they can leave a company for any reason at any time. Conversely, employers can dismiss at employee for any reason and at any time as long as it's not illegal.
Comment · 8 years ago
Expensive in what way?
I assume you mean "trading on margin". Swaps are custom contracts and not something average people are doing. IB definitely supports trading on margin and has one of the lowest rates around to do so.
IB is definitely the choice for someone who wants to have real market access and tools at their fingertips.
If you look at other forms of compound tax rates you'll see the same pattern AFAIK.