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Joined 2 years 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·
    8 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.socialtoTechnology@lemmy.world•Bluesky federation goes live
    829·
    10 months ago

    So… “federation” without control? What’s the point?

    They stress that a difference between their federation and ActivityPub is that on ActivityPub “your “instance”, or server, determines your community, so your experience depends on which server you join” while for them “On Bluesky, your experience is based on what feeds and accounts you follow, and you can always participate in the global conversation (e.g. breaking news, viral posts, and algorithmic feeds).” and “Moderation on Bluesky is not tied to your server, like it is on Mastodon. Defederation, a way of addressing moderation issues in Mastodon by disconnecting servers, is not as relevant on Bluesky because there are other layers to the system.”

    The big difference is that I can’t choose an instance that blocks/does not interact with the servers loaded with Nazis, terrorists, and/or child abusers? Why the hell is it of such paramount importance to Jack Dorsey that the rest of us are forced to interact with Nazis?