This map breaks the country into much smaller parts than we saw in the maps of Australia and Canada, New Zealand being a smaller country to start with. So while the states of Australia typically have the city with high prices and the rest of the state with lower prices, this map lets us see that Auckland (the only big city) is higher than anywhere else.

I also note two regions with the same number. When a value often has a round number, the median has a good chance of landing on it.

4%? It should be 30 like a citizen.

Let's see Jack in the box. From what I gather they may be more heavily western than the rest of these.

Other than the absence of Dunkin’ in the Pacific Northwest I am not sure I see any significant differences. What am I missing?

Very high correlation with “people.”

[deleted]

You can tell where the Interstates are out west.

My understanding is it’s only tax credits, or avoidance of paying taxes that would otherwise need to be payed on purchasing things like wind turbines, solar panels, etc. Still nobody has to pay a dollar amount for the emissions they produce or from the fuel they consume, or anything direct like that

>are you suggesting they pay more than this to the IRS

Could be more, could be less. And there’s no way to see it, it’s not public info. Usually when companies report very low rates though, their actual tax paid tends to be higher

I’m not saying that it’s good for society, I just think most people are under the impression it’s due to some shady accounting or loopholes. But it’s basically just normal stuff

[removed]

Ok, so are you suggesting they pay more than this to the IRS? If so, how would we find THAT number? And I’m still not seeing how this is “good” for society at large.

It doesn’t change the amount of tax they pay, it just lowers their effective tax rate. The $356 million in income tax reported here isn’t the same thing as the tax they actually pay the IRS

When stock options are exercised by employees, this lowers their income tax expense without lowering profit, which results in a lower tax rate

It’s a weird adjustment because it’s basically just theoretical, but most large companies have large adjustments for it each year

Wait, how does employee compensation make their taxes negligible and why is this good?

Yeah, I remember seeing stat a few years back that for every drug that makes it to market, close to 19 are cancelled before that point. Partially why completed drugs are priced so high before the patent runs out

Why? The reasons for it are pretty normal

Q3 of 2022

Eh, it’s mostly due to employee compensation and specific medical deductions from COVID. I don’t really think those are bad things

Can be anytime really and there’s lots of “go/no-go” checks along the way but the vast majority get killed off before human clinical trials. That is one of the largest costs for drug R&D

That’s really interesting. How early or late in the development process do they kill off drugs? Or does it just depend

A lot of their R&D isn’t reported here, it’s on the balance sheet

A lot of their R&D is capitalized on the balance sheet.

You should share this to r/ulcerativecolitis .

Gotta hand it to them, they somehow converted leftists into capitalists over three short years.

we dealt?

only way to deal with emissions long term is tech transfer to 3rd world countries

2020-2021 was not exactly a typical year.

There was a general trend that started during the pandemic of people moving to places with a lower cost of living. The trend has continued, albeit more slowly since as more people work from home or have otherwise evaluated work-life balance. The median price of a home in CA is about $800K.

CA has a major problem with homelessness. Almost every local politician agrees that this is among the most important challenges. However, with housing costs so high, it is a tough nut to crack.

Most societal problems have their roots in poverty, which was my main point.

Since the 1980s almost all economic gains have gone to the wealthy, with middle incomes remaining steady and low incomes actually declining: https://www.pewresearch.org/social-trends/2020/01/09/trends-in-income-and-wealth-inequality/

The bottom 90% earned about 70% of all earnings in 1979. In 2020, the same group earned 60%. Between 1978 and 2020, wages for the top 1% (now >$800k/year) grew by 119%, while the 0.1% (>$3.4 million/year) has water growth of 389%.

This should concern everyone. Trickle down was a lie, told by the rich to make themselves richer.