Hacker Newsnew | past | comments | ask | show | jobs | submit | rahulagwl's commentslogin

I really appreciate this voice of reason and would further like to add a few points. As a tax paying citizen in my country i think that taxes are needed for the upheaval of the country as a whole in an "aggregate fashion". So my question is that even if a country implements wealth tax how is that money going to benefit or trickle down to the lower strata of the society? Do we just add more social benefits which i am against as if you just take money from people and redistribute you are essentially becoming a socialist economy.

Another question that arises here is if the discussion is happening because the tax collected is not sufficient currently? If that is the case then a proper solution would be to and i hate to say this increase the tax rates for everyone. The number of billionaires the people want to tax are essentially pretty low and in a country based economy where there are pretty large numbers haggling away their 1 percent wont really make a difference to a big country.

The issue with wealth tax is that it focusses on a particular well off section of society and that particular section of society is actually just being targeted because they are wealthy. The thing people take for granted is the number of jobs and employment they generate and the services they provide. They actually are so well off that i worry if someone would be able to stop them if they just decide to leave?

Its rather mundane to say that the wealth is not trickling down. These people are generating wealth. Why do you think US is the biggest world economy? Hint: its because of these billionaires we love to hate.

just my 2 cents.


Linear algebra is often taught so poorly. So I am happy someone took the time to create such relevant content. Thanks.


I think this initiative should be welcomed and Indian govt should also do this.

I was just talking to an Uber driver in India just the other day. In India Uber got its dominant market share by offering incentives to the drivers when they joined. Something like if you do n number of trips you will get more money. The incentives were great and so a lot of people got into driving. Bought their own cars. Got cars financed from Uber. And then as supply increased Uber pulled off the incentives with nowhere to go for the drivers.

Now a driver who got 800 rs for an airport trip by himself has to make do with 400 rs in his pocket and Uber gets a 200 rs commision.


Machine Learning by Andrew ng for sure and by far the best.


I think Hadoop lead the big data space for a long time. It was just that better solutions like Spark arrived which sort of made us move from it. On another note, there are still remnants of Hadoop. My company still uses Hive for example.


Sometimes going in a Hardcode way is much better than going around in circles to get the perfect code. Saves time and is more intuitive.


Don't they already have the map of the world in 3D?


I have been a Python guy for 10 years now switching from another profession - I was a mechanical engineer. I tried to learn other languages like Java ,C and was partially successful too. But I don't remember creating anything useful in those languages.

Everything was so verbose that I got drowned in the syntax rather than the logic behind the program. For me, Python signifies ease of development and fast iterations and as such is suited for any young developer.


In my view everyone should learn to code let alone lawyers.


It seems good. Will check up on it


Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: