Hmmm, the US is not able to control the Hormuz strait. Iran decides who goes through it. Yesterday Iran shot at a vessel [0]. We can argue the semantics of “control” but I think this whole debacle showed the limits of US military power.
Is there a short snd simple explanation for how these planetary slingshots work? To me the gravity that increases the vehicle speed on the way to the planet will decrease the speed on the way away. Thanks!
A lot of people that work (and thus benefit) from these tech companies are from out of state. Local people have to put up with insane housing costs because of tech work.
In Seattle at least some of the tech work is receding already because of layoffs. Which started to lower housing costs: landlords are starting to give 4 or 6 weeks of free rent.
Starbucks HQ moving to Tennessee is not caused by WA state millionaire tax - Burito Boy was hired on August 2024 well before the millionaire tax was even envisioned. Part of his compensation is predicated on these costs savings - and these were part of Burrito Boy’s negotiations before he even signed up his employment contract. So this move has nothing to do with the millionaire tax.
And just to let you know- Starbucks is not that popular in Seattle. They have been closing stores right and left in Seattle to the point where I only know store that is open. Seattle is not missing them that much.
I actually think billionaire flight is a good thing. Billionaires do not contribute to their community. Sure some tax accountant and some security people will lose their jobs, but this not matter for regular folk.
If nothing else, billionaires flight is a positive thing.
I am hoping all the billionaires leave my Washington state as a result of the millionaire tax - it may become a normal state like Oregon.
The wealth has barely been taxed at all. Wealth comes from holding assets not from labor, and asset ownership is barely taxed:
1. stocks and commercial real estate are allowed to appreciate without taxation (unlike personal residences outside Cali),
2. multinationals wrote for themselves obscure tax rules so they end up paying almost no tax,
3. interest expense for companies and ultra high net worth individuals is subtracted from taxable income (for personal mortgages the interest expense deduction is capped)
4. Rich people organize their assets so estate taxes do not tax their estates when they die and thus their wealth goes to their children.
I hope all billionaires will depart for that island in Florida to bunk with Bozos and Kushner. That poor island will probably sink under the weight of so much ego.
Who spends new-car money to clean their homes? Maybe ultra high net worth individuals? I know people with 8 figures net worth who spend a fraction of that money for cleaning their homes.
City transit-it transports more people than taxis and uber put together. The trade off is public transit is slower (in my case 35 minutes by link-rail vs 15 minutes by car, and probably 20 minutes if I were to take an uber)
I don’t follow. Your first sentence says you do not care about trash incinerators, presumably next to your house. Your second sentence says you care about the smell.
Trash incinerators are very smelly. You are contradicting yourself. I don’t get it.