• 0 Posts
  • 158 Comments
Joined 3 years ago
cake
Cake day: July 2nd, 2023

help-circle




  • This doesn’t stop real estate being valued for tax purposes. Use the same approach - proxy valuations.

    There is pretty reasonable way to value real estate. Hard to do objective valuation of a company whose value is mostly hype anyway. Also, real estate value estimations are riddled with corruption in most places.

    Yeah, that would just be nationalisation. After 5 years the government would own 90% of all businesses.

    Re-read the comments up the thread, I asked about the same thing. It is not ment to be yearly.





  • Ok, I see what you mean, but now you have government holding stocks with 0 idea if they should cash out or hold. Both cases could result in the government loosing out on tax money.

    If government immediately sells, and you hold until the stocks are 10x the value, the governmwnt lost out on 90% of the money.

    If government holds and you sell, the government stocks can become worthless (e.g. company goes bankrupt) and again lose out on tax money. Plus government needs money in the budget, not stocks.

    This is why you usually tax the income when you sell the shares. The loophole is taking a loan against those shares, but if you ask me, the answer is to tax the loan money and make repayments tax deductible. The loan is basically getting the money from selling shares early, so it should be taxed when you get it.





  • Sunk cost fallacy does not require continued investment. No idea where you got that from. It just requires considering a sunk cost in your decision making.

    The difference between unusable and inferior was never the cusp of this argument to begin with.

    Literally quoted the inferior part in my original response and specifically mentioned you should just consider both on their merit without considering the sunk cost:

    The logical way to think of this is: You already paid for Plex so both are free for you. Since both are free, just pick the better one.

    Never said you should switch. Just because you seems to lack reading comprehension skills and misread my comment does not mean I am moving the goalpost. You are using a straw man argument: pretending I argued something I didn’t and debunking that nonexistent argument instead of my real argument.

    One valid complaint is that I did ignore switching costs in my shortened explanation. This is a mistake on my part, though it does not affect whether your statement as written is a fallacy. It is.