leg_day

leg_day t1_jdx7am9 wrote

I'm more liberal than most but support completely repealing the SALT cap. Why? I'd rather my taxes go first toward city, county, and state taxes, closer to where they are spent.

Lower city, county, and state taxes are correlated with much higher spend from federal tax dollars.

I can talk to the city council member to advocate for funding a project to refurbish a local park. No way I can meaningfully talk to my congress person about how federal tax money is being spent in Iowa.

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leg_day t1_jdwn6vu wrote

I thought the same. But when you add it up, your effective tax rate is 40%... meanwhile, Trump paid an effective tax rate of 4% in 2018. And he's certainly not the only true 0.1%er paying ridiculously low effective tax rates.

So take any win you can get against the system.

(FWIW, 40% effective rate on a 568k W2 income is pretty damn great especially in a high tax regime like CA. Similar income profile in NYC and I sit around 45-49% effective tax rate.)

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leg_day t1_jdda483 wrote

It needs a shitload of work. Even in 2019 when it was still occupied it was pretty horrible inside -- and that was after a bunch of retrofits.

It's also landmarked, so everything costs more.

Trying to renovate and retrofit a landmarked building and bring it up to modern standards is hard. And risky. And time consuming. And expensive as shit.

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leg_day t1_jawbnwj wrote

It's not.

It's unenforceable to have clauses with no remuneration. So they can't compel you to pay 6 months of salary if you quit without notice, for example.

But these clauses with the big banks do have remuneration. In exchange for you signing this, you are guaranteed pay when you leave or get fired.

It's super common in trading firms (or trading businesses within banks) to have forced paid leave between jobs. For example, if you work for a hedge fund, you can't quit and immediate work for a competitor: you'd be able to take your knowledge of active trades/positions and bet with/against them. So you sign an agreement saying you won't work for 6 months (or longer) between jobs, but the old job keeps paying you.

All the big banks/hedgies are incentivized to also honor the system by not hiring you before your leave period is complete. Why? They don't want their own ex-employees poached during their leave period to have their positions wiped out.

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leg_day t1_j4jproj wrote

NEAT. Check out the flags. They have the old 48 star grid (8 wide by 6 tall) from before Alaska and Hawaii were added as states. Fun fact: our current flag was only adopted in 1960.

If you ask most Americans to "draw the stars" of the flag, they will almost inevitably draw an even grid and try to make the math work. Our current flag requires the rows to be offset, so there are not an even number of stars per row.

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leg_day t1_j24lrcn wrote

Yes, they did not get the map they wanted.

But they still lost multiple districts that they didn't need to. A few of them by 1%.

Example: Brooklyn was flooded by Zeldin supporters. Trucks. Banners. Big ground game hustle at major subway stations. Even admitting Zeldin won't win, but pushing down ticket votes for every local position. Zeldin didn't win, but the NY Dems were nowhere.

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leg_day t1_j24978q wrote

It's a flipped seat. NY Dems were barely present during the election. They sat on millions of unspent funds. They didn't even google George Santos, they could have obliterated him on election day -- not by getting Republicans to not vote for him (GOP voters vote for rapists and child molesters, a gay republican lying about his prep school is a nothingburger for them) -- but by getting the Democrat vote out to protect against such a fuckface from getting into office.

NY State had 4 flipped seats, all with poor voter turn out. Four flipped seats.

The GOP took 222 seats. 218 are needed for a majority. 222 - 218 = 4.

Three of them were within 1% margin.

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