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Joined 1 year ago
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Cake day: June 14th, 2023

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  • USA neighbor here,

    66% is insane, like if I saved up $500k to retire, I’d like to be selling some every year, like 5% (actually a little more but this is for easy numbers). That would get me $25,000 per year, then I’d pay capital gains tax on that and have about $20k left over. A modest retirement, could move to somewhere inexpensive and retire on that.

    A 60% capital gains tax means I would have to save 1.5 million dollars to achieve that same retirement.









  • Boy do I ever disagree with this.

    For big projects, with multiple people and man-years of work, sure. Don’t start from scratch. But in my humble opinion, those projects shouldn’t really exist. Instead they should be atomic, made up of small page-length units which individually can be scraped and rebuilt.

    For small projects, rewriting is often superb. It allows us to reorganize a mess, apply new knowledge, add neat features and doodads, etc.