• 0 Posts
  • 15 Comments
Joined 1 year ago
Cake day: June 12th, 2023
  • Heresy_generator@kbin.socialtoTechnology@lemmy.world•Meta spent $4.3 billion on its VR division in three months, and made *checks figures* $440 million in return
    44·
    7 months ago

    You’re not really talking about higher taxes, you’re talking about reworking the corporate tax system. As things stand now higher taxes would encourage more of this sort of behavior, not less.

    Corporations only pay taxes on profits, so money spent on business activities, re-invested back into the company, paid to employees, etc. is not taxed. In this system, taxes are kind of a penalty paid for taking money out of the business; the higher taxes are the less incentivized profit-taking is.

    If your company made $100 million in profits at a 20% tax rate you get to take home $80 million as opposed to re-investing $100 million back in the company and not paying any taxes, so the incentive to re-invest isn’t very high. But if your company made $100 million in profits at a 40% tax rate now you can only take home $60 million as opposed to re-investing $100 million, which becomes a much better value proposition on re-investment.

  • Heresy_generator@kbin.socialtoWorld News@lemmy.ml•Ukraine’s economy in 'catastrophic state': Former PM
    334·
    1 year ago

    LMAO; this pro-Assad/pro-Russia propaganda outlet doesn’t even try to pretend to present reality:

    Russia & NATO

    As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

    If I didn’t know better I would think that sentence was a parody of Kremlin propaganda.

  • Heresy_generator@kbin.socialtoTechnology@lemmy.world•Twitter/X removing the block feature
    0·
    1 year ago

    It’s also a feature explicitly required by both the Apple and Google app stores for apps that have user generated content.

    https://developer.apple.com/app-store/review/guidelines/

    1.2 User-Generated Content
    Apps with user-generated content present particular challenges, ranging from intellectual property infringement to anonymous bullying. To prevent abuse, apps with user-generated content or social networking services must include:
    …

    • The ability to block abusive users from the service

    https://support.google.com/googleplay/android-developer/answer/9876937?hl=en

    User Generated Content
    User-generated content (UGC) is content that users contribute to an app, and which is visible to or accessible by at least a subset of the app’s users.
    Apps that contain or feature UGC, including apps which are specialized browsers or clients to direct users to a UGC platform, must implement robust, effective, and ongoing UGC moderation that:
    …

    • Provides an in-app system for blocking UGC and users;

    Every day he further proves that he has no idea what he’s doing. He’s 100% going to reverse this decision when he find out all of the things he should have know before saying anything.