But I am pretty sure every economist agrees that a wealth tax doesn't make any sense mathematically
I find it difficult to believe you could come to this conclusion in good faith, given how many serious economists advocate for wealth tax.
This economist wrote an award winning book on the topic https://en.wikipedia.org/wiki/Capital_in_the_Twenty-First_Century, where he advocates for a wealth tax.
The government doesn't guarantee the pension if the fund fails
This is incorrect, emphasis mine:
Funding shortfall The Government of Canada has a legal obligation to pay plan member pension benefits. If the plan becomes underfunded for any reason (for example, higher-than-expected costs, lower-than-expected investment results), the government is required to transfer additional funds into the public service pension plan. This has occurred before, including during the period from 2013 to 2018.
I don't dispute that they've renegotiated contribution rules, I don't know the history of this pension fund that well. Typically these rules are renegotiated with union agreement.
It seems kind of ok, everyone agrees that they should be teaching some finance basics. I guess I would.jave preferred to see what outcomes this has had in other places (rather than just trying random experiments on our students). It'd be nice to see if Doug could pass this test himself.
In my experience only kinda, and by convention (up is on), and three-way switches break this (indicator becomes the light itself).
Skim the article, it's 20 large municipality's, nowhere is 0 mentioned
Similar to usa 90% for top earners according to this: https://policyalternatives.ca/publications/monitor/how-high-should-top-tax-rates-go
On the "sell it like any other asset", you still have to live somewhere, those places cost money. On the "borrow against it", now you've got debt (that costs money to have), I guess your saying anyone with that much money should be able to make more money off it via leverage than they use?
When i think rich, i think doesn't have to work, but maybe that's independently wealthy.
I hear this quite a bit, and think there's actually a good deal of nuance to it. I've seen places that insisted on comments for everything, and it was silly, a significant number of comments had no value. This made people not read comments, as opposed to other places I've worked with very few comments - when you ran across a comment you gave it more weight (something here was complex, or not as simple as it seemed).
So imo, use comments which can communicate effectively, but use them sparingly for important parts that are complicated, for the rest attempt to communicate with the code itself.
For my local team: Generally a container (docker) for local dev. My team uses go so sometimes a Makefile without docker is enough. For other teams i've mostly i see docker.
for multiple apps this can get more complicated, docker compose, or skaffold is what i generally reach for (my team is responsible for k8s clusters so skaffold is pretty natural). I've seen other teams use garden.
hashicorp makes something called waypoint which i've never used. Nix people seem to be well liked as well.
You aren't alone. Forspoken was fun but they gated the gameplay behind a tonne of super slow paced unskippable town parts.
Maybe that's what the like about dark souls series, right in the action rarely out of it.
Assuming he pays 25% tax, which i'd be very suspicious about, he's about 2 million short of his current "fair share".
26 000 000 * 0.25 = 6 500 000
26 000 000 * 0.33 = 8 580 000
If he's deferring till retirement, then likely his tax rate is less, and the bank is lending him money which he can spend freely and call a capital loss lowering his effective tax rate when he does incur those taxes.
The thing about being this wealthy is you can afford to pay people to find ways to lower this rate.
I don't think i'm "mad" about this, but concerned. This kind of inequality leads to violent upheaval, and is currently the cause of a whole pile of unnecessary suffering. If we didn't have people that were this wealthy and some of that money was distributed to say education, healthcare, UBI, we could all have a much healthier pleasant life.