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Comment Re:Sleezy stuff, but not price fixing (Score 3, Insightful) 79

It will be hard to argue that franchisees of the same restaurant are competitors

They are competitors because they have different owners. They both license the brand from the same franchisor (McDonald's, in this case), and pay a fee to the same franchisor, but they definitely compete with each other. There are often non-compete clauses in franchise agreements (to prohibit, say, another franchise opening next door), but these are not universal and are often very limited, which can result in franchisees competing with each other.

Consider those two Fresno restaurants, I expect one is downtown and one is next to the offramp of a rather large freeway; and that their respective customers are willing to pay different prices

Yes, different locations can have different prices for this very reason. The problem is when the locations conspire together to keep prices artificially high. RealPage did (does) a version of this for apartments. Yes, a luxury 2BR near the beautiful waterfront will be more than the old 1BR by the waste treatment plant. But if they collaborate they can increase their prices in lockstep and raise prices by ending legitimate price competition, because everyone agrees to use the inflated prices and collude to maximize their profits. The landlords win and the renters lose. McD's seems to have some version of this but for burgers.

Comment Re:So what? (Score 4, Insightful) 79

Why is this a problem? A guy could be selling watermelons out of the back of his truck for $5, another one a few streets over is selling them for $4, and no one bats an eye.

Because it is price-fixing via an app.

You are correct that the way it is supposed to work is that competing businesses compete by offering differing prices for their products or services, then customers are free to choose the price they are willing to pay. But this ain't that.

This is McDonald's (and soon every other restaurant) conspiring together to set the price as high as they want so every restaurant everywhere has the same high price - customers are no longer free to choose because all prices are the same everywhere. And extremely high.

Comment Re:How about fruit (Score 1) 137

Get locally produced stuff instead of imported ones from overseas. "Local" does not necessarily mean like from nearby farm, but whatever has minimal time spent in logistics.

Why? Getting food that is grown closer to where you live is not inherently more environmentally sustainable. (This is because only a small portion of the carbon emissions for the production of a product is related to its transportation. My jackass local farmers who spray their crops with endless amounts of herbicides and pesticides and tons of ammonia and drive their honking diesel tractors and trucks around all day are way worse than produce grown using truly sustainable farming practices that require a ride in a moderately efficient 18-wheeler to get here.)

Nor is it inherently healthier, especially because my part of the world would have *no* fresh fruit or vegetables for 8+ months of the year.

Comment Re:"Eat the rich!" (Score 1) 140

That's not enough, I want everything to be flat. I guess I'm not interested in those ancillary things as I see the overall waste and corruption involved everywhere, and at all levels of power when it comes to taxation. After decades of doing my own taxes on paper, I've finally hired a tax accountant recently because it's too complex and requires too much time for something that should be staid by now.

Why do you want everything "flat"? It's inequitable to those who work for a living, it will reduce revenue, and there's no good evidence it will reduce waste or corruption. I'm guessing your goal is primarily #2 (reducing revenue), with the notion that if government revenue is cut it will reduce wasteful spending. This is a fallacy. Just because there's less money doesn't mean governments will spend it more wisely. In fact, rapid, thoughtless cuts, as we are seeing under Trump, has wasted a ton of money, probably more than was claimed to be saved. For example, Trump's latest move to cut the Department of Education (well, move it to various other agencies) has resulted in chaos, limits on ability to provide services to students and families, and a re-renovation to the tune of $100 million+. to a building that was just recently renovated for $50 million+ to meet the needs of the department moving there. AND, now that the education-related units are all going to be split up, the efficiency they once had by being together (they were separate at one point in the past and then were brought together for "efficiency") is gone. You can't tax-cut your way to efficiency.

And a flat income tax at the federal level is never going to happen.

Comment Re:And still no Epstein Files (Score 1) 123

The rational maximum for 1BTC is around 3 million USD, and after that it'll be pegged to inflation and/or the global GDP

And when the federal government - or any other government - creates a better, easier, faster, more simple tool similar to bitcoin for their existing currency, the value of BTC will be zero.

Comment Re:"Eat the rich!" (Score 1) 140

I can't imagine anything more "fair" than a simple, mathematical percentage. This is not about righting the perceived wrongs of society, this about ending a corruptible, ridiculously complex tax system. How is it fair that those with higher incomes can seek tax avoision via their accountants? That's not possible in my system: all pay, using only a simple calculator. Near me, the poor already get much free stuff: food, clothes, medicine, phones, and as of yesterday, mental health care house calls at their homeless tents. And if the rate is something like 0.05 percent, they'll probably pay less overall, no?

Most taxes in the U.S. are already "flat taxes." Gas tax, property tax, sales tax, social security tax, medicare tax...all "flat taxes." Turning the federal (and state?) income tax into a flat tax will likely reduce overall tax revenue and will not solve the tax evasion problems you mention.

I'm all for eliminating many of the tax breaks for the wealthy, especially the mortgage deduction for high earners, the capital gains tax on investments being so low for the wealthy, and the ability to hide income in offshore accounts. And an IRS that has been so gutted they don't have the resources to audit or pursue tax cheats. But a "flat income tax" won't fix these problems.

The other issue with a "flat tax" is that it removes one of the biggest mechanisms the federal government has to influence behavior of citizens. For example, if the government wants to incentivize people to have children, a tax deduction for families. If the government wants to incentivize putting solar panels on your home, a tax deduction for solar investments. And on and on. A flat tax takes away the government's ability to incentive (or punish) behaviors that are in the public's interest.

Comment Re:Hollywood Accounting needs to be banned,prosecu (Score 2) 140

The tax write-off can only be for part of the production cost, isn't it? You don't get to deduct the entire cost of the movie.

Yes, and it only counts against other profits you made during that same year. (There's no tax refund if you have negative profits for a year, although in some instances you might be able to apply those losses across multiple years.) AI says there's a $15 million limit to the deduction (maybe per year?) for movie production.

So if WB paid, say, a 20% corporate tax rate (haha, I'm sure that's much too high), a $15 million deduction from earnings only saves $3 million in tax bill ($15 x 0.2). So the execs decided to take the guaranteed $3 million (maybe x2) rather than gamble and pay for promotion and see what the movie could make in the theaters. Seems like a very stupid gamble. But, then again, most CEOs are not smart people.

Comment Re:Yes (Score 3, Informative) 120

Imagine running any kind of business with demographic quotas instead of the specific people you know you can do the job

Yes, in California you have to imagine this because demographic quotas are illegal for hiring in California. And having a racially diverse workforce in California is easy, since some 66% of the people who live there are non-white.

Ask any fire survivor what it's like to build a house in LA these days

Should they be allowed to re-build these homes with kindling, so it easily burns in two years when the next fire sweeps through, leaving the government and charitable people to foot the bill once again for the cleanup and replacement? Or, I don't know, should rebuilt homes be required to reduce the chance of the death and danger from fire and be required to meet safety requirements?

Comment Re:Will there be books in the future? (Score 1) 58

Then it is the stories, either loosely, or tightly constrained to include certain turns of phrase, certain descriptions of characters, etc..., that we begin trading and sharing, and not specific finished character-by-character snapshots at points in time

We already have this, it's called "fan fiction."

In any case, there's something like 4 million new books released *every year.* We really don't need AI to be able to add more output more quickly - if you have a weird niche book interest, I'm confident you can find hundreds of books that fill that niche that are released every year by actual people.

The appeal of AI to the publishers is that they don't have to pay anyone but themselves. Which has been their dream for decades.

Publishers are bastards.

Comment Re:This is a weird little hit piece (Score 1) 183

Yes, it's a shame laws aren't written to coddle your specific feelings and thoughts regarding things you don't like.

Where did I say anything about laws? But, now that you mention it, yes, I fully expect we will see new laws once one of these devices cause a problem for a rich person.

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