• 0 Posts
  • 9 Comments
Joined 3 years ago
Cake day: August 14th, 2023
  • Sludgeyy@lemmy.worldtopolitics @lemmy.world•California voters reject measure to tax the wealth of billionaires
    22·
    5 days ago

    If I am given a stock that is worth $1. I pay taxes on the $1 because $1 is income.

    If the stock goes to $2. Do I automatically owe the government more tax?

    Now if I take my $1 stock that is now worth $2 and trade it for a 2 dollar bill. Do I automatically owe the government more tax?

    But if I take out a $1 loan and use my $1 stock that is now worth $2 as collateral, I do owe taxes?

    If you have a billion dollar business and you leverage $100 million for a loan, whatever you leverage ought to be taxed and considered income if you ask me.

    Lets say I have $10,000 in total assets (car included) and I leverage my car worth $1,000 for a loan. You expect me to pay taxes on that $1,000 loan like it was income? Why would a business be different?

  • Sludgeyy@lemmy.worldtopolitics @lemmy.world•Trump just revealed the real reason he wants permanent Daylight Saving Time
    1·
    1 month ago

    EST is already an agreed upon standard in some circles.

    I want to visit California.

    I currently eat dinner at 6 pm EST. National peak is 6:19 pm.

    That’s 23:00 UTC.

    People in California eat dinner at 6 PST or 9 PM EST or 2 UTC.

    So when I get to California I have to figure out what time dinner is at normally?

    Maybe that’s the thing I’m not seeing

    It’s simple. I leave Maine at 2 UTC and arrive in California at 11 UTC after a 9 hour flight.

    I’m in California with a clock that says 11 UTC. At 11 UTC I am usually sleeping but I could get up. So if I slept well on the plane I’d probably leave the airport to go do something. 11 UTC is 3 am PST. California would be sleeping. How do I know when things will open? Generally 8 am to 10 am. It’s 11 UTC, how do I know when it is “Generally 8 am to 10 am” in California UTC time? Think California probably runs 3 hours later then Maine. I know stores open at 12 UTC to 14 UTC in Maine. So they are generally going to open 15 UTC to 17 UTC in California?

    Like instead of worrying about what time it is in your home area. You have to worry about what times change to in the new area. You know your home time instantly, but have to convert to “local” time.

    And I do see your point of the date line. That is is a perk.

    I mean I don’t want to learn a new dinner time. I don’t want to worry what time dinner is in California.

  • Sludgeyy@lemmy.worldtopolitics @lemmy.world•Trump just revealed the real reason he wants permanent Daylight Saving Time
    1·
    1 month ago

    Yes you can always pick an arbitrary time to start with any system.

    Everyone could get on EST and it would be no different than everyone being on UTC. UTC isn’t some special timing system it’s just selecting one timezone to use, like EST.

    Imagine if tomorrow the whole US started just using EST. You really think people in California are going to be happy with it? Someone that wakes up at 9 am PST in California would wake up when their clock said 12 pm EST. Their whole daily time routine is shifted 3 hours.

    Wake up 8 am PST Lunch 12 pm Dinner 6 pm Sleep 10 pm

    It would be

    Wake up 14:00 UTC Lunch 20:00 UTC Dinner 2:00 UTC Sleep 6:00 UTC

    They would wake up with half the UTC day over and they go to bed early the next day. You’d want to base your day around that? Something like going to gym after dinner would be 3:00 UTC. Yes the daylight level at 3:00 UTC in California is the exact same as 19:00 pm PST. Yet you have to morph your whole schedule around it. Standard time for things like dinner being 18:00 doesn’t exist, it is now a random UTC number depending on where you live. 2:00 UTC in California, 23:00 UTC in Maine.

    UTC uses the international date line.

    Something as simple as a store having a sale for a day. People in California sleep over half thier day unless they were to order in the “morning” before they go to sleep.

  • Sludgeyy@lemmy.worldtopolitics @lemmy.world•Trump just revealed the real reason he wants permanent Daylight Saving Time
    1·
    1 month ago

    UTC doesn’t mean everyone has to start at the same time

    Correct.

    it just means that 15:00 is 15:00 without calculating offsets, DST boundaries, or the international date line.

    Correct, no offsets.

    Incorrect, there’s no such thing as DST boundaries. Only timezones.

    Incorrect, the international date line exists in UTC

    But how do you determine when everyone has to start?

    People in Michigan could be in MST. They are in CST.

    If they went to MST and then went to permanent MDT then it would be just like permanent CST. This is what people don’t understand. Someone in Michigan could hate Daylight Savings Time, but if you told them that their standard time should be changed, then they might want permanent daylight savings time to get it back to “normal”

    There is no way to make everyone happy

    Depending on how close you live one way or the other to a time zone depends how much you like DST for the most part because it makes it matter more. Also north and south matters.

    But if you live in a northwest corner of a time zone you probably hate the idea of permanent DST because your standard time could be a whole hour earlier moving just a yard over.