[-] ramjambamalam@lemmy.ca 2 points 11 hours ago* (last edited 11 hours ago)

Do you realize that 67% does not refer to the tax rate, but rather the amount of capital gains that are taxed as income? Meaning that the remaining 33% are always completely tax free?

Example: you sell an investment property for $2,000,000 which you had previously bought for $1,000,000. Your annual salary is $75,000.

In this example, of the $1,000,000 capital gain, 50% of the first $250,000 ($125k) is taxable and 67% of the remaining $750,000 ($500k) is taxable. So, add $625k to your salaried income of $75k and your total taxable income is $700,000.

The total income tax you would pay after the proposed increase (assuming you live in Ontario) is $342,103, which is $320,405 more than you would have normally paid on your salary of $75,000. Therefore, your effective tax rate on the $1M capital gain is roughly 32%, not the 60% you mentioned in your comment.

[-] ramjambamalam@lemmy.ca 33 points 3 months ago
[-] ramjambamalam@lemmy.ca 51 points 4 months ago

I'm curious how this is different than the widespread practice of refusing rentals to those under age 25.

[-] ramjambamalam@lemmy.ca 37 points 4 months ago

They probably shaved about the same but mostly used double-edged (100% steel) blades that could easily fit in a slot, rather than the plastic-clad, quadruple-blade nonsense sold for $8/cartridge.

You can still buy double edged razors for about 10-15 cents apiece, by the way.

[-] ramjambamalam@lemmy.ca 60 points 5 months ago

They removed my slide out keyboard, too.

[-] ramjambamalam@lemmy.ca 38 points 5 months ago* (last edited 5 months ago)

NASA invented a space ship powered by a rotary engine? Noice, at least until the apex seals give out, but they should be good for 80k at least.

[-] ramjambamalam@lemmy.ca 54 points 5 months ago

Drink verification can, peasant.

[-] ramjambamalam@lemmy.ca 34 points 6 months ago* (last edited 6 months ago)

They do the same shit for Google search results. Search weather or stock tickers with a Chrome user agent* and you get a rich, interactive chart of the weather forecast or stock history. Search with another mobile user agent and you get a static snapshot of the weather or stock price at an instant in time.

There's even an extension for Firefox for Android which changes the user agent for Google searches to Chrome, to get the rich content.

* just a user agent, not an actual browser, which proves that it isn't about browser capability, but rather abusing their monopolistic market position in search to further their web browser's market share. Sound familiar, Microsoft from the 90's?

[-] ramjambamalam@lemmy.ca 37 points 7 months ago

TL;DR- hosts must prove that the property for rent is their primary residence, and 50% of service fees go into community land trusts to support affordable housing.

I'd certainly support it over the other guys if it's available in my travel destinations.

[-] ramjambamalam@lemmy.ca 36 points 10 months ago

There is no requirement to do so, although GMail's adoption of this non-standard seems to have popularized the practice.

[-] ramjambamalam@lemmy.ca 35 points 10 months ago

Hardware keyboards on mobile phones

[-] ramjambamalam@lemmy.ca 34 points 11 months ago

Mfer, YOU TRAINED THEM TO IGNORE IT

Remember when a self-driving car killed someone walking their bike in Arizona, while the car's "handler" was watching a movie on their tablet?

Yeah, the employee should have been paying attention, but it's not realistic to expect someone to stay alert for an 8-hour shift where the task is as monotonous as watching a car drive itself. That's why commercial transport drivers have mandated breaks and why two pilots are in charge of an airplane at a time.

To be clear, I am in favour of self-driving cars and don't think they need to be perfect, just better than the average human, but the companies training them need to have standards that are both realistic and safe.

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ramjambamalam

joined 1 year ago