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Business, Economics, and Taxes: Capitalism. Yay? >=(

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unofan said:
Oh, as management you should absolutely not be sharing salary info of your subordinates with anyone.

But as employees, you should feel free to talk amongst yourselves about your own salaries as needed.
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Yeah I dont think anyone is advocating for management to discuss it. Just normal employees who are on similar levels to each other.
 
So Elon tanked the crypto market but Coinbase saved it. They have said within 2 months Doge will be traded on their service. Doge went from upper 30s to almost 50 and Bitcoin and Ethereum all but erased their losses in the last 24 hours. My guess is Coinbase stock will rebound nicely because of this as well...lots of transactions to make money off of.

There is a new "green" coin called Chia which involves no "mining" and uses hard drive space to verify coins as opposed to GPUs and CPUs so it uses almost no energy. It is already causing issues with hard drives in Asia. My buddy and I are actually getting into it cause the coins are quite valuable (though not useable really) and not that hard to come across.
 
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The thing is, management already makes our ranges open to the employees for a grade up and down. Everyone is basically kept within +/- 5% of the median. If you're under, you get bumped at 2-3% a year.

There's zero reason to discuss it. It has nothing to do with thinking I make the most or not. I know I don't. And I know women in my division have received promotions at about a 2:1 clip relative to size. They announce those openly as well. Plus with standardized titles, pretty easy to figure out.

And management has zero issue discussing ranges even above the guidelines.
 
About that Amazon union vote…

Testimony that Amazon.com Inc. had access to a mailbox installed for workers to vote in a recent union election could prompt the National Labor Relations Board to overturn the results, according to the agency’s former chair.

During an NLRB hearing on Friday, employee Kevin Jackson said Amazon security guards used keys to open the mailbox, which was located near the entrance of the facility in Bessemer, Alabama.
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Whoops.
 
Deutsche Gopher Fan said:
Of course the pipeline was fine the entire time

https://mobile.twitter.com/kfury/sta...53444611743746
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That's how these things usually go. Accounting/billing systems will be less secure than pipeline control systems. A similar thing happened to a Norsk Hydro aluminum plant in Norway. They could continue to operate the plant, but couldn't ship orders or bill customers, so they had to shut down.

You can't really run a pipeline if you don't know where the orders are going, if there is capacity to receive them, etc
 
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dxmnkd316 said:
Ouch.

HBO's business daddy is completely exiting content and spinning everything off to Discovery.
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ATT paid $9M in bonuses for those who closed the Time Warner deal, only to have it fail 3 years later. While firing 3-5% of the WarnerMedia employees. If that isn't peak capitalism, I don't know what is.
 
Bronco said:
ATT paid $9M in bonuses for those who closed the Time Warner deal, only to have it fail 3 years later. While firing 3-5% of the WarnerMedia employees. If that isn't peak capitalism, I don't know what is.
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ATT is one of the dumbest companies out there, and a joke as a telecommunications company. They could screw up getting laid in a whorehouse with an American Express Black Card and a wallet full of hundred dollar bills.

As someone who loves HBO Max this makes me happy as hell because I have had a sinking feeling for about a year they were going to run it into the ground.

BTW on another board I frequent it was mentioned this would open up like $20 billion in cash flow for TV and dividends.
 
I have what seems to be a very easy question but there may be some nuance here that I've not considered.

we're refinancing my wife's private student loans. Is there any reason you wouldn't refinance for a longer term with a marginally higher rate (0.21%) if you intend to pay in the same amount regardless of minimum?

it seems obvious. You are paying a 0.21% annual fee for the flexibility of not having to pay an extra couple hundred bucks a month if something awful happens. There has to be a downside other than just the slight interest rate increase. I've confirmed there are no prepayment penalties.


(If you really want to get cute, you could take that extra couple hundred and put it into VTSAX and earn 8% a year compared to the loan 3.x%. But maybe that's too cute by half.)

Student loans are such vile things
 
Never take financial advice from me.

It took me until just this morning to realize (1) having a rental property in another state means I owe non-resident income tax in that state, (2) my 1099 from my property manager tells me exactly how much withholding I told that state to take when I originally had them set me up, and (3) that amount was ZERO.

So, I owe an estimated $1000, my postmarked check to them with my extension request will be one day late, which means I will also pay a late fee, and then I will still need to hire a tax preparer for AZ to make sure I'm doin' it right, who I will also have to pay.

Anyway, I am amazed I can tie my own shoes sometimes. Seriously. Never even occurred to me, and I had included that AZ 1099 in my federal package weeks ago.

Now, true, it would have been nice if my Indian VA CPA had said something like (imagine lilting impenetrable racist accent, which he has): "Memsahib, please to remember to also pay your Arizona state tax, yes?" and he didn't, but hell it's my money and my responsibility ultimately.

tldr: raise my taxes, I'm an idiot.
 
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Kepler said:
Never take financial advice from me.

It took me until just this morning to realize (1) having a rental property in another state means I owe non-resident income tax in that state, (2) my 1099 from my property manager tells me exactly how much withholding I told that state to take when I originally had them set me up, and (3) that amount was ZERO.

So, I owe an estimated $1000, my postmarked check to them with my extension request will be one day late, which means I will also pay a late fee, and then I will still need to hire a tax preparer for AZ to make sure I'm doin' it right, who I will also have to pay.

Anyway, I am amazed I can tie my own shoes sometimes. Seriously. Never even occurred to me, and I had included that AZ 1099 in my federal package weeks ago.

Now, true, it would have been nice if my Indian VA CPA had said something like (imagine lilting impenetrable racist accent, which he has): "Memsahib, please to remember to also pay your Arizona state tax, yes?" and he didn't, but hell it's my money and my responsibility ultimately.

tldr: raise my taxes, I'm an idiot.
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TurboTax
 
Yeah H&R Block will do all of that for you...

And are you sure they are going to fine you for 1 day late?
 
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