California income taxes
#771
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Joined APC: Sep 2016
Posts: 6,737
Utterly ridiculous! Progressive taxation is exactly a form of price discrimination—finding who will pay more for a good or service. No different than from stores offering discounts to elderly or airlines charging different fares based on seating, timing or origin or destination.. I know no such thing, it’s all you assuming the word discrimination can mean only ONE thing.
#772
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Joined APC: Sep 2019
Posts: 1,538
Even after 4 days of sitting in the Phx or las sun? I don’t know just asking. Wierd the leaf would have it if that’s the case. Wouldn’t be hard to double or even triple the size of the leaf panel. I’m thinking it doesn’t help battery life to do a 1/3 charge on a regular basis. Just a guess because I know there’s battery banks so in theory you could just rotate banks that you charge to 100% with the panel.
Game changer?
Aptera Motors: A Paradigm shift in EV technology - YouTube
#773
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Joined APC: Nov 2015
Posts: 253
I didn't want to have to explain the difference to you again but since it seems you are stuck on repeat here it goes:
EV cars don't produce smog directly but they are not smog less because the emissions (even though they are much lower than ICE cars) are being produced by the power plant. I am sorry that concept was hard for you to understand to the point it short circuited your mind.
I will try and make it simpler for you so we don't get stuck in another loop: Smog from ICE cars bad, Less smog indirectly created from EV's good.
#774
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Joined APC: Sep 2019
Posts: 1,538
I'm glad this can't happen. If it did it would really drag down the airline business: Twice in the last two decades but apparently it's been fixed and no-one told us.
How the 'Crack Spread' Is Killing Airlines - CBS News
Airlines Brace for Headwinds - TheStreet
How the 'Crack Spread' Is Killing Airlines - CBS News
Airlines Brace for Headwinds - TheStreet
#775
Gets Weekends Off
Joined APC: Nov 2015
Posts: 253
I'm glad this can't happen. If it did it would really drag down the airline business: Twice in the last two decades but apparently it's been fixed and no-one told us.
How the 'Crack Spread' Is Killing Airlines - CBS News
Airlines Brace for Headwinds - TheStreet
How the 'Crack Spread' Is Killing Airlines - CBS News
Airlines Brace for Headwinds - TheStreet
"Airlines are dealing with a double whammy of a problem here. First, the price of oil is rising. Second, the crack spread is rising because refineries are putting the cost burden on carriers to make up for the lack of refining capacity. And that's why the airlines are feeling even more pain than you might have thought."
This is just what I said. With low oil prices and less of it being used there will be a surplus of refining process which will make the price of a gallon of gas go down. The only time crack spread has gone higher is when refining capacity went down while consumption stayed high or went up. This is the basics of supply and demand. Yet you are arguing against it saying if the supply and demand goes down the price will skyrocket.
This is no different than lumber. Because of the wildfires and the pandemic there has been a greater demand for it allowing for the price to rise on timber and the mills to charge more. What you are saying goes against just about every economic principal that if all of a sudden there was a massive glut of timber that the price to mill lumber would skyrocket?
#777
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Joined APC: Sep 2019
Posts: 1,538
You really should try reading some of the things you post.
"Airlines are dealing with a double whammy of a problem here. First, the price of oil is rising. Second, the crack spread is rising because refineries are putting the cost burden on carriers to make up for the lack of refining capacity. And that's why the airlines are feeling even more pain than you might have thought."
This is just what I said. With low oil prices and less of it being used there will be a surplus of refining process which will make the price of a gallon of gas go down. The only time crack spread has gone higher is when refining capacity went down while consumption stayed high or went up. This is the basics of supply and demand. Yet you are arguing against it saying if the supply and demand goes down the price will skyrocket.
This is no different than lumber. Because of the wildfires and the pandemic there has been a greater demand for it allowing for the price to rise on timber and the mills to charge more. What you are saying goes against just about every economic principal that if all of a sudden there was a massive glut of timber that the price to mill lumber would skyrocket?
"Airlines are dealing with a double whammy of a problem here. First, the price of oil is rising. Second, the crack spread is rising because refineries are putting the cost burden on carriers to make up for the lack of refining capacity. And that's why the airlines are feeling even more pain than you might have thought."
This is just what I said. With low oil prices and less of it being used there will be a surplus of refining process which will make the price of a gallon of gas go down. The only time crack spread has gone higher is when refining capacity went down while consumption stayed high or went up. This is the basics of supply and demand. Yet you are arguing against it saying if the supply and demand goes down the price will skyrocket.
This is no different than lumber. Because of the wildfires and the pandemic there has been a greater demand for it allowing for the price to rise on timber and the mills to charge more. What you are saying goes against just about every economic principal that if all of a sudden there was a massive glut of timber that the price to mill lumber would skyrocket?
And what you don't seem to grasp is that as oil becomes less used in this country while still in demand in others around the world wells and refiners will shut down here due to environmental regulation and reduced domestic demand which will increase demand on those wells and refineries still in operation. Economics are not single path simple calculations. The first crack spread story was from just after the first gulf war after prices had gone lower and demand had decreased. That caused drilling to be slowed and refiners to take in in the shorts while the price was down. Same thing will happen here at first with widespread EV use, only the demand will still be high from aircraft due to the weight problem with batteries and ever increasing travel demand. With less being refined and more demand the prices will rise and once again, just as historically, crack spreads will rise exponentially. When you so eloquently called me an idiot before because apparently you didn't read completely what I said I will repeat it. The price of oil is not the only factor in the price of refined fuels. I trade crack spreads, they move all the time whether oil is moving or not.
This may help you understand:
Trading Oil Products & the "Crack Spread" | Closing the Gap: Futures Edition - YouTube
Last edited by Seneca Pilot; 03-29-2021 at 05:34 AM.
#780
Gets Weekends Off
Joined APC: Nov 2017
Posts: 2,122
California income taxes
Get RID of all of the tax subsidies which is the whole point of flat tax—broaden the base and reduce rates lessening the distortions inherent in our code. But, then, politicians of all stripes couldn’t pay off their supporters with tax subsidies. It’s a vicious cycle that will get worse until the whole system collapses—it will,too.
The Trump tax changes, by reducing the SALT deduction, raising the standard exemption pushed us ever so closer to a better system. Simpler tax form, eliminate SALT and mortgage deduction, raise the standard exemption would be almost perfect. But, listen to the blue states howl as their rich, Democratic voters lose their deductions—both of which were disproportionately skewed to the rich. But, Oofff, loves it.
The Trump tax changes, by reducing the SALT deduction, raising the standard exemption pushed us ever so closer to a better system. Simpler tax form, eliminate SALT and mortgage deduction, raise the standard exemption would be almost perfect. But, listen to the blue states howl as their rich, Democratic voters lose their deductions—both of which were disproportionately skewed to the rich. But, Oofff, loves it.
You can only broaden the base so far with a flat income tax. In order to broaden it even more, a switch to a consumption tax is required. That also eliminates the possibility of politicians adding deductions, exemptions, credits, loopholes, since there are no such things or very limited in a sales tax. Look at states for proof. They would have to increase the sales tax rate or enact another tax system on top of the sales tax. Both of which are a lot more transparent (and therefore politically more difficult) than slipping in obscure loopholes for specific industries.
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