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6134

Modeling a Wealth Tax

A wealth tax will usually have a threshold at which it starts. How much difference would a high threshold make? To model that, we need to make some assumptions about the initial value of your stock and the growth rate. Suppose your stock is initially worth $2 million, and the company's trajectory is as follows: the…

6147

The cult of the free must die

For a terrible half an hour last night I thought Firefox was on the brink of disappearing as an independent browser and rendering engine. I was frightened silly by the rumour that Mozilla laid off significant portions of its browser team. The official press release being full of useless corporate open web blah didn’t…