esolyt
Joined 14 years ago
Joined 14 years ago
We're just rehashing "Can a submarine swim?"
This product, much like iMessage and others, provides an inferior experience to non-Apple users. It aims to make other devices and operating systems look less capable and cheap.
iMessage also partially works with other phones. This doesn't change the fact that its intention is to create a lock-in effect, as evidenced by internal Apple emails.
Billionaires get richer through asset appreciation, not income. The White House report is focusing on how fast the rich are getting richer and that's how they arrived at 8%.
A worker's salary is taxed at a high rate like up to 40%, whereas a wealthy person's gains from assets are taxed at a much lower rate like 15%. And that is if they realize the gains at all, because their unrealized gains don't get taxed at all.
Our current system (in which long term capital gains tax is much lower than income tax) rewards the owner class and punishes the workers.
The figures are misleading because if you have low income, your effective tax rate is indeed lower than the wealthy. But then you're barely surviving anyway. So if you're poor, you're screwed because you're poor. If you have a livable income, you're screwed because of high taxes. But if you're wealthy, the system exists to serve you.
Of course, not all wealthy people invested in commercial real estate. But they still have an interest in preserving the existing economic system. They certainly don't want a domino effect.
Can you clarify what you mean by this?
No, the state feeds the media what it wants to see reported. They can share what they want and they can hide what they want from the media.
The inequality between a Google engineer and a Starbucks barista is tiny compared to the inequality between a Google engineer and Elon Musk.
The article only covers the former and not the latter and therefore acts as the kind of propaganda expected by WSJ. In the author's defense, they admit they're focusing on one narrow benchmark and ignoring capital gains and dividends in this article. The article still has value. But the fact remains that the article has the word inequality in its title and completely fails to cover inequality in its actual sense, the way we understand it in a political context.
While you're at it, you can try explaining Ukranians why it's fine that Russia is invading them because America is bad.