Consider the replacement of square in QIM with the log function. This equality metric is useful in modeling realistic expectations.
When I compare the inequality of my networth with those very rich people, I am actually not very hurt by that fact. They are distant to me and I could care less if they owned a moon, as long as they don’t drop it on me, I’m fine with it.
But if you compare your networth with those of my college freshman classmates, or those of graduate school classmates, of with those of my coworkers, then suddenly, even a difference of $100 could put me in very bad mood. The underlying cause of my bias is unknown to me. But if my feeling were a guide to what is truly unequal, I am able to write it, approximately, as
It is quite noticeable that this curve, for the LIM, has very different shape than the QIM. But perhaps because my k-nearest-neighbors occupy more attainable positions. It is likely that I can get an equally large size of cow guts as the señor at the next table. It is unlikely that I can wrestle Micro$oft to the mat by writing a new operating system. In fact one could almost imagine
With the infinity at complete equality set to zero. The Inverse Inequality Metric (IIM), along with its partner the LIM can perhaps be most useful in personal servicee effort to gain equality. For example, I can try smiling a bit more at the cashier and waitress in my neighborhood restaurant while I order cow tounge in Spanish. A little respect will impact my little, while it may lead to increased and consequently a larger piece of the cow().
If the money paid towards tax are untaxable, then should the system be so for the tax itself? Suppose we want to tax a person with income and nominal tax rate . The tax amount is then
Where is some unknown proportion of to be paid into taxes this year. Aka effective tax rate.
A 30% nominal tax rate resolved to effective rate of 23.1% of income in this system.
So to set an effective rate using nominal setting under the system, one would solve for R.
Say some bracket should have effective rate of 30% the rate on taxable income, under this system, would require that nominal tax be set to 42.8%.
However you massage dung, it’s still money you have to pay. But the system should be self consistent. We should not have to pay taxes on money we spent on paying taxes during the year we earn and use that money to pay taxes.
I just read my 8-digit Verizon password reset temporary password to this 800 number. Half asleep, I had really thought it was Verizon trying to help me recover two iPhone XR’s ordered on my account.
I read them the numbers right underneath the text
Verizon Msg: For the security of your account, Verizon will never contact you for this code. Your My Verizon temporary password is dumbanddumber”
But the funny thing is, Verizon seem to have a second filter that randomly asks for another field of personal information after someone uses the temporary password. So the entity trying to phish me called me five times in the next five minutes from a landline (673)180-4668. I guess they were hoping I was still on the hook and may give them that second field of information.
To my credit, I realized in time and called Verizon to deactivate any changes for the next 24 hours while ignoring those 5 calls. It had seemed that they were successful to change my password, I could not log in. But I reset my password using the same mechanism. The down side is, I don’t know what they did to my account in the mean time. They could have downloaded statements containing detailed information about every call I made. They could have ordered two iPhone XR’s… Verizon claims nothing happened, but that’s likely just support line ass coverage. They don’t want to admit anything happened even if it did, at least not at a casual customer request.
Let’s see what happens…