Recent comments in /f/technology

Badtrainwreck t1_j8upqrl wrote

If you create the nonprofit, and within its bylaws you’re an employee who just runs the nonprofit, then your child can take control just by being the next employee in line to takeover. It’s not a gift it’s a job.

Let’s not overcomplicate this, whomever is in control of the board is in control. How you gain control does not need to be a gift or an inheritance.

You said it’s illegal to promote a for profit business as a nonprofit, but what does promote mean? It’s about not letting your left hand know what your right hand is doing. Coca-Cola works with the Bill and Melinda Gates foundation to increase the number of farmers producing the ingredients they need for their products. The charity is just doing charitable work and the Coca-Cola company is just donating money to a charity.

You say a nonprofit can’t lobby, not all lobbying is lobby the way we see it, it can simply be the bill and Melinda gates foundation holding a fundraiser to help with increasing access to vaccines and a few politicians attend to increase their healthcare credentials and rub shoulders with rich and powerful donors.

It’s not about everything being illegal, but it’s about creating environments in which the parties involved benefit.

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miemcc t1_j8upacm wrote

The present thinking is that the oxygen will come from ice in deep pockets in crater walls at the Lunar South Pole - Specifically Shakleton Crater. Being near the pole gives near constant sunlight for the base and for the electrolysers.

If the O2 is generated in the crater, it will need to be moved to make it available for the Base and launchers. Initally that will be by rover. The aim of this research is to see how they can locally produce gas-tight pipelines from regolith

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ThePrince14 t1_j8upa86 wrote

It depends how you look at the adoption rate. Texas has been and will continue to be (at least in the short to medium term) very oil and gas friendly because it contributes a massive amount to their economy.

So is Texas going to go out of their way to ban oil and gas to prop up renewables, like California? Hell no. They’re going to continue encouraging investment in an industry that has allowed them to become the second biggest economy in the country. But they also aren’t going to discourage investment in renewables in the state because any investment in the state is a good thing.

Edit: Since you edited your post to add that last question - I am not from Texas, I just choose to try and actually educate myself instead of parroting the same BS everyone posts in every Reddit thread.

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Conscious_Figure_554 t1_j8uokfo wrote

Thanks for the information - I did not know that so thanks. IF that is the case then do you think the adoption rate will not be blocked by the Government? What I mean is that as I assume you are a Texan - do you see your local government officials welcome this adoption with open arms and is gearing the populace towards said adoption?

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CandyFromABaby91 t1_j8uo5fy wrote

The timing is evidence, but not proof on its own in front of a judge. We know Tesla was already shrinking this team(look at last layoffs). Tesla claims the next round of layoffs was happening and these employees decided to call for a union right before the layoffs to stop the layoffs. Don’t fall for clickbait news headlines. Tesla could be full of bs too. But always two sides. See their response below.

https://www.tesla.com/blog/in-response-false-allegations

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voyageur77 t1_j8un919 wrote

You aren't explaining the "basics", all of your info is completely wrong. That's why I stopped responding to you, but I guess I can do one more.

You say that putting a business into an entity avoids estate tax: wrong, the value of the entity is still subject to estate tax. You say transferring "control" of the entity instead of giving the business at death doesn't count as inheritance and avoids tax: wrong, you would just owe gift tax instead of estate tax at the exact same tax rate, AND lose the step-up in tax basis from inheritance. (By the way, inheritance tax is not the same thing as estate tax, you seem to be mixing them up). You think Musk gets to write off donating $2 billion of stock to his foundation: wrong, the deduction for giving stock to your foundation is limited to 30% of AGI, and his AGI is not that much. You say the foundation can spend its money to increase the value of Tesla: wrong, it is illegal for a foundation to promote a for-profit business instead of charitable purposes. You say the foundation then spends its money on lobbying: wrong, it is illegal for a foundation to do a significant amount of lobbying, and any lobbying expenses have such a high penalty that basically nobody does it.

These are all actual IRS rules that exist. You have no sources for what you're saying because it doesn't exist in the real world. Where did you hear this stuff anyway, it has to be either Reddit comments or TikTok?

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ThePrince14 t1_j8ukiyt wrote

Did you read the articles you posted? Or just quickly google and paste headlines to match your narrative.

First article was super super weak. Just basically said that some people blamed renewables for the Texas power outage issues. Big whoop, politicians always trying to capitalize on public issues to score points by spouting BS. Happens all the time on both sides and Reddit eats it up.

Second article has a paywall, so doubt you even read it…

Third article just says that some utilities companies don’t want to compete with power being put back on the grid, so they’re trying to put tariffs in place. This one is sort of relevant to your argument, but again pretty weak.

At the end of the day, the actual numbers are what matters. Texas generates more renewable energy than any other state and Texas invests a hell of a lot of money into renewables (more renewable projects than any other state in 2021). You can’t argue with data, and you certainly can’t argue with hard data with pretty weak qualitative articles that aren’t much more than a couple of small cases that are turned into clickbait.

If you want to counter this argument with ANY data showing that Texas is reducing investment in any way or anything even close to that, I’m happy to listen, but I’m just tired of the same BS circlejerk on Reddit and no one actually wants to educate themselves, they’re just happy punching down to make themselves feel superior.

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Badtrainwreck t1_j8ukdfe wrote

If you’re a lawyer, then you know the ways in which people abuse nonprofits, but you haven’t stated anything in how they abuse them, you’ve just essentially said “rich people not bad, they aren’t doing anything illegal.” Then you’ve asked me to explain to you all the basics, which are simple things which you should already know, especially you shouldn’t have been confused by anything since your expertise would inform you even if I’m piss poor at explaining it.

It’s more likely you’re not a lawyer or you’re a lawyer who helps people take advantage of the loopholes that exist and on your spare time you defend what you do on the internet.

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