I thought capital gains were when you do realize them, not when you can realize them.

Why do you assume the wealth tax has to be paid each year in dollars?

Maybe you could pay it in shares, so no borrowing required.

Or maybe for illiquid assets including non-public stock it could be warrants that you only have to settle at a liquidity event.

It's a strawman to assume a wealth tax will be set up in a broken way when non-broken ways are possible.

I would think it's valid to make that assumption given taxes must currently be paid in dollars and I don't know of any places that allow it to be paid in equity. I would also think out debt obligations to the world bank must be paid in currency.

So the government takes a board seat (or two or three) eventually in the company?

There are a lot of rights and some obligations that come with equity ownership in a company beyond financial return.

This makes me think of China, where the government forces board seats in many companies.

That seems like another strawman; e.g. I said it could be warrants for this reason.

There's lots of examples of financial ownership without the holder of the return running the business. Whether it's a state or an ex-spouse.

In Germany unions have board seats by law. Doesn't seem to be stopping the executives at Siemens and Krupp from their corporate aspirations.

Lots of the money hasn't been taxed. If you owned stock for decades but never sold it, it wouldn't have been taxed.

The money that was used to purchase the stock originally was probably post-tax dollars

They money I used to buy a candy bar is post-tax dollars dollars, but I still pay sales tax on it. They money I use to pay for a taxi ride are post-tax dollars, but the taxi driver still pays income tax on it. When I sell that stock I bought with post-tax dollars, I still pay capital gain taxes on the profits.

Post-tax dollars aren't magical things that mean you never pay taxes again. They're just an accounting tool that makes dealing with some tax-exempt activities easier.

Are you suggesting that capital gains taxes on stock sales are also wrong because the stock was purchased with post-tax dollars?

And you aren't taxed that amount when you sell it, you're only taxed the profits.

You pay taxes on the gains. (Unless you purchases them through a Roth 401K/IRA where you don't, but those have tight limits on it.)

Unless it’s stock in e.g. a 401k or IRA.

Sweet; glad you like it. I'd love to hear more. (Disclaimer: Tilt CEO here)

I didn't see "non-Jewish" white in the source. Did you add up the rest and subtract from 100?

I think these should be able to add up to more than 100. E.g., someone who is both Hispanic and Black.

I subtracted Jewish from white, since "Out of this 2,831,000 religious Jewish population, 92% are non-Hispanic white": https://en.wikipedia.org/wiki/American_Jews#Assimilation_and...

Where did you get the number of white? I'm saying you can't sum ethnicities because many people are multiple ethnicities.

Subtracted everyone else from 100%. I think they made people pick either only one ethnicity in their polls, or they were lumped under 'other'. The numbers I get are close to https://www.collegefactual.com/colleges/harvard-university/s..., so while not totally accurate, I'd say they're reasonably good.

I'd love to talk if you use skaffold; I (disclaimer: building it) work on Tilt, and suspect it's a better fit. Especially because it can work on either k8s, like skaffold, or docker-compose, with a useful UI on top.

Hey, Tilt CEO here, so I'm certainly biased, but also semi-informed.

We think you deserve three properties: 1) it's easy to start your whole app 2) it's fast to update your app as you edit 3) common problems can't be missed.

docker-compose gives you 1. (some people hack in mount points and file watching to get 2, but it's hacky)

skaffold and garden.io give you 1 and some of 2. (Tilt has fast_build, which can update pods in-place, without rebuilding the whole image, which I don't believe either skaffold or garden.io do)

Our big value-add is the UI. Which may sound weird for a Terminal UI, but if you look at the demo video on https://tilt.build , I think you'll get a sense for how Tilt is working to keep the problem that's blocking you in your face, so you don't waste time playing 20 questions with kubectl.

Hi all, Garden CTO here. First of all, great job on Tilt! A lot of interesting stuff happening in terms of DevEx in the multi-service realm.

I just wanted to chime in on the points above. Regarding 2), Garden does indeed support updating pods without re-building and re-deploying via our hot-reload feature (https://docs.garden.io/using-garden/hot-reload) which essentially copies source files into the running container on file save (works best for dynamic languages).

Regarding 3), Garden has a terminal UI that shows the status of individual services and updates as changes are made to the codebase. It will for example print error messages for failed container builds and failed deployments. If configured so, Garden can also run tests on code changes and will print the error output if tests fail. Our next release will also contain the first version of a dashboard which displays service statuses and dependency graphs and updates in real time. However, our terminal UI is not interactive like Tilt’s—which looks really nice!

Tilt can use helm! (Disclaimer: Tilt CEO here)

You can just call k8s_yaml(local('helm template <args>')). That tells Tilt to parse the yaml generated by running (locally) helm template. Feel free to reach out if you'd like to pair to try it.

Thanks Frank! It was great to chat at Kubecon. (I'm Dan, the Windmill CEO, goofy big-haired guy)