YHK - yet another hacker news clone

why is that?

I would not frame Texas as having great results. If anything places should get as little like Texas as they possibly can. I mean they send you to jail for an abortion or a gram of weed. It's living under Shari-yall law.

I think the idea is that if the market demand is such that it allows them to raise rents, they'd already have done it, whether or not expenses justify it.

I'm curious what costs you think will roll downhill and why

Yeah, that's unlikely. There are certain classes of renters it can't be passed on to during their rental term, but I'm guessing it can and likely would in general.

People can also sell their land/homes and move. It's less liquid than other assets, but less doesn't mean people won't sell/leave.

No thanks, I too much in taxes as it is. California has a spending problem, not a revenue problem.

Taxes aren’t 0 right now, nor particularly close for anyone being taxed. Your statement supports taxes as a concept at all, but what’s the specific argument that they must be more than they are today?

The number of different taxes is constantly increasing, obfuscating the total tax burden, and making democratic accountability almost impossible. Additionally, tax collections are already at a historical high, while government deficits world-wide are also at record levels, with services on the decline, and no realistic prospect of balancing budgets. This is true for most western countries.

Given the current situation, I do not agree that "we need more taxes", but would welcome your clarifying exactly what you mean.

For a long time I agreed with you, but seeing how the tax money is spent I cannot agree any longer. In most cases government is no longer even spending the money itself, instead it is giving the money to NGOs.

I would much rather see people keep more of their dollars and use them to 'vote' for the products and services that benefit them most, via their purchases.

this is the sadest assertion i've ever seen. if sucking the life out of people is the only way people can remain civilized then we are truely lost.

I think we should start with changing taxes on corporations/companies, specifically being able to indefinitely write off expenses against income regardless of size/etc...

Most companies take profit eventually, but if it's possible for a company to decide to never take profit and grow/acquire perpetually without paying any taxes on gross income, that's a problem.

That'd be like individuals being able to deduct living expenses and having uncapped pre-tax 401k contributions.

[delayed]

> News at 9.

The idiom is "film at 11."

If you let someone get to hundreds of billions in net worth and then realize they haven’t been appropriately paying back into the system, it’s already too late. Like the article says they can simply say “no” in a variety of ways, from fighting in court to simply leaving.

It's only too late if you're timid and wimpy.