They can put people in jail for using crypto, which is a strong enough deterrent that 99% of people won't do it.
Yeah because it worked so well for piracy. /s
Readit NewsErlich_Bachman commented on Turkey bans use of cryptocurrencies for payments reuters.com/technology/tu... · Posted by u/imartin2k
Erlich_Bachman commented on Turkey bans use of cryptocurrencies for payments reuters.com/technology/tu... · Posted by u/imartin2k
> You can get coupons for everything, many online stores accept it.
Such as...?
All phones in most countries, amazon, steam, microsoft acount, spotify etc etc.
Erlich_Bachman commented on Turkey bans use of cryptocurrencies for payments reuters.com/technology/tu... · Posted by u/imartin2k
Yeah, let's destroy financial systems of governments and substitute it with a system that has 7 tps cap in which the majority of coins belongs to unknown entities (supposedly of criminal origin).
Look up Lightning Network.
They don’t. Suppose I incorporate a company in Grand Bahama “Shell” and fund it with $10,000. The company turns around and buys $10,000 worth of Apple stock. A year later, Apple has doubled and I sell my company Shell to my friend John. If John and I are both non-Americans then the US taxing authority will never hear about this transfer or be able to tax the capital gain.
To realize that gain you actually need to sell the Apple stock. It would be perfectly possible (as I am proposing) and viable to make that transaction be forced to go through US. You could still sell the "Shell" to someone without US knowing about it, but once you actually would want to do something with that gained money - you would need to sell the underlying stock and deal with IRS.
This is always brought up but it isn't double taxation, the individual is paying income tax and that has nothing to do with the corporation tax.
The government takes tax from the same amount of money twice. How is that not well described by the term "double taxation"?
What about the benefits that flow to foreign shareholders? You can’t effectively tax their capital gains.
Why not just tax any sale of a stock or a divident payout in the country of the company, - not the country of owner of said stock? These operations have to go through country of company anyway...
I wonder what would happen if an entirely new approach to taxation were tested. A jury of 12 random people would inspect a companies accounts, assets etc and decide if the tax paid is "fair". The jury would have no training in tax matters, but would be presented documents produced by the government and the company to argue their cases.
If the tax paid is found to be unfair by the jury, the company gets nationalised with no compensation to shareholders. The government could re-privatize it by auctioning it off again.
That is just a very terrible idea.
> Does it count tax for all the employees?
Why do you think it is okay for a corporation to appropriate the tax employees pay as theirs? Employee pays this tax, not the corporation.
Well it is tax money that is sent to the government and that is taken from the total amount of money that the company receives for the products it provides. If we are talking about some moral side of the issue (as the articles tries to, if I'm not mistaken), then why wouldn't we count it?
I'm not saying that the company shouldn't pay a direct tax on their profit, but that I want to know the real number counting everything. Focusing on some fraction of that number can be misleading, especially when the editors try to distill it into a short title, with possible agendas no less.
Erlich_Bachman commented on Are deep neural networks dramatically overfitted? (2019) lilianweng.github.io/lil-... · Posted by u/troyappel
> Focusing on mathematical abstracta completely misses the problem...
I don’t think it does.
We’ve been studying these networks for a long time now, and “common sense” interpretations are largely “completely bs” when examined closely.
These investigations have a tangible impact on how to prune and design networks.
High level hand waving about measuring the measuring device may seem profound, but I fail to see any meaningful application.
You can reconstruct 3D images from a few samples; see neural radiance fields. The observer is irrelevant.
> long time
4 decades is not a long time. It is a minuscule amount of time in the grand scheme of things.
Is that calculation really correct? Does it count tax for all the employees? Does it count all specialized tax for things like gas or VAT, for all the things Netflix buys in their operation? What about all the media that Netflix buys and produces? What about all the taxes levied there on salaries and other activities? The article also talks about "income" and not "revenue"...