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Cake day: November 12th, 2023

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  • The thing a consumption tax fixes is eliminating all the tax avoidance schemes. People living off their wealth don’t pay high taxes, they take out loans against their wealth and pay the loan back at 5% instead of the 20% capital gains tax. Carl Icahn, an investor was able to pay no income tax using this scheme. He had an adjusted gross income of $544 million but deducted it all from paying his 1.2 billion dollar loan.





  • jimbolauski@lemm.eetoProgrammer Humor@lemmy.mlSTOP WRITING C
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    5 months ago

    Or if your pulling 4 byte data from an AtoD converter and it’s ordered 2, 3, 0, 1 for a fixed point value that you need to convert to a standard float at an extremely high rate or else the ring buffer will fill and you’ll start losing data.

    That code review was a good time.