Sam Hodara

565 posts

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Sam Hodara

Sam Hodara

@ElSneakySnacker

sometimes spinnin, sometimes writing, always scheming Investor | Proud dad, husband, dog dad & zionist | @Cal 🐻

Berkeley, CA Katılım Aralık 2021
465 Takip Edilen111 Takipçiler
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Sam Hodara
Sam Hodara@ElSneakySnacker·
Three new Medicare codes came out in 2024. They make care navigation billable. This is good for elderly patients, good for caregivers, and creates an actual business model for startups. Here’s an early market map of startups capitalizing on the new codes.
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Sam Hodara
Sam Hodara@ElSneakySnacker·
@yrechtman I’ve been feeling it as well for the last 10 days. Lost me at “Holy shit! You are so right!”
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yoni rechtman
yoni rechtman@yrechtman·
Not sure if I'm imagining it but it seems like Opus 4.6 is suddenly doing a lot more GPT-style obsequiousness: "killer insight" "that's a big idea" "you're onto something there" hate that.
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Agarwal for Congress
Agarwal for Congress@ethanagarwal·
This is very very wrong. Something is fundamentally broken in our system.
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Sam Hodara retweetledi
House Committee on Education & Workforce
BREAKING ‼️ the Committee just released a bombshell report on the spread of antisemitism on American college campuses. The report found that weak leadership, radical faculty, activist student groups, and foreign funding are to blame. Read the report: edworkforce.house.gov/news/documents…
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sarah guo
sarah guo@saranormous·
Friends in Israel welcomed their baby today in an underground bunker. In the midst of war, their resilience astounds me. Sending love and hoping for safer days ahead 🤍
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Sam Hodara
Sam Hodara@ElSneakySnacker·
@jmoserr Why you gotta call them stingy? What about resourceful?
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Sam Hodara
Sam Hodara@ElSneakySnacker·
@stevenfiorillo Save your breath and pack your bags brother. NYC and Mamdani don’t listen to reason.
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Steven Fiorillo
Steven Fiorillo@stevenfiorillo·
As a lifelong, taxpaying New Yorker, I am extremely worried about the ramifications of the estate tax proposal on New Yorkers if it gets signed into law. I want to be clear up front; this isn't about politics for me. I'm not fighting for the billionaire class, and I'm certainly not one of them. What I am is someone who understands basic math, economics, and business, who has watched what happens when states push tax policy past the breaking point. Here's what's on the table right now: a proposal to reduce New York’s estate tax exemption from $7.1 million down to $750,000, an 89% cut while increasing the top rate from 16% all the way to 50%. This is embedded within a batch of revenue ideas sent up to Albany to try and plug a $5.4 billion hole in the city budget. I want to discuss who this estate tax actually hits, because it’s certainly not the ultra-rich. The ultra-rich weren’t exempt as only the first $7.1 million avoided estate taxes. A $750,000 threshold in the New York metro area is not reasonable. The median home price in New York City hit roughly $809,000. In Nassau County you're looking at $820,000. Suffolk County sits around $675,000. Westchester is $754,000. If you bought a house in the city, Nassau, or Westchester and you spent 30 years paying off that mortgage like a responsible adult, congratulations, you're now above the estate tax threshold. What’s even better is that you hit the threshold before even factoring in your 401k, life insurance, savings, a family business, or other investments. This isn't a tax on the wealthy it’s a tax on a retired couple in Bayside who paid off their split-level. It's a tax on the family that runs a deli in Astoria and owns the building. When you force those families to come up with 50% of the value above $750,000 after someone dies, what do you think happens? They sell. They liquidate. The house goes, the business goes, and the generational wealth that took a lifetime to build disappears in a single tax event. Family businesses which are the backbone of employment in neighborhoods all over this city get gutted. According to the State Department of Taxation and Finance's own numbers New York's tax structure is incredibly top heavy as millionaires paid 44.6% of all personal income tax collected in 2024. The top 200,000 filers covered 51.9%. The bottom half of all earners paid 0.2%. Think about how fragile that makes us. You don't need a mass exodus. You need a few thousand people to change their mailing address to Palm Beach or Austin and the budget math falls apart. Here's the part that really gets me though. The biggest victims of "tax the rich" policies aren't the rich. The rich utilize their resources and leave once they have had enough because their resources make them mobile. The people who get crushed are the ones who stay such as teachers, firefighters, nurses, and the small business owner. They can’t simply pick up and go. The harsh reality is that when the wealthy leave and the tax base shrinks, the city still needs the same amount of money to run the subways, pay the cops and keep the lights on. So where does it come from? It comes from everyone left behind as they are forced to pay higher taxes, and higher fees. What may bother me more is the double taxation piece. The money in someone's estate didn't just appear from thin air. They earned it and paid income tax. They invested it and paid capital gains. They bought property with it and paid property taxes every single year. They bought things and paid sales tax. Every dollar in that estate has already been taxed multiple times over the course of a lifetime. Now when they die the state wants to take half of everything above $750,000? At what point does it stop being a tax and start being confiscation? That's a genuine question I have because if you work your whole life, play by every rule, pay every tax along the way, and the government still takes half when you die what exactly was the point of saving any of it? A $750,000 threshold doesn't catch billionaires it catches the middle class. It catches people who were never wealthy, they were just disciplined. They bought a house, they didn't sell it, they put money away for retirement, and they wanted to leave something for their kids. Punishing that with a 50% tax rate sends a very specific message: the state believes your assets belong to it first and your family second. I don't care where you fall politically that should bother you. I'll say this very simply. When you tax people to the point where they feel targeted, they leave. When they leave the burden falls on everyone who can't. When that burden gets heavy enough, more people figure out a way to go. That's not theory, that's exactly what IRS data and Census numbers have been showing us for half a decade straight. New York is standing at a fork in the road right now. One direction is more punitive taxation with an increasing dependence on a shrinking pool of high earners who increasingly have one foot out the door. The other direction is putting forward competitive tax policy, fiscal discipline, and creating an environment where building wealth and creating jobs isn't treated like something the government needs to punish. I know which path leads somewhere good. I just hope the people making the decisions figure it out before there's nobody left to tax. @amitisinvesting @BillAckman @chamath @patrickbetdavid @PBDsPodcast
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Senator Scott Wiener
Senator Scott Wiener@Scott_Wiener·
Two days ago, two men were attacked & beaten in San Jose for speaking Hebrew. Today, a man attacked a synagogue in Michigan where children were attending day school. The normalization of antisemitic rhetoric online, in politics & beyond has profound real world consequences.
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Sam Hodara
Sam Hodara@ElSneakySnacker·
First time using starlink on United flight. Thanks daddy @elonmusk
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Gabe Stein
Gabe Stein@gabrielste1n·
@jxnlco @superwhisper Built this in for meeting recording on OpenWhispr - could get it out for you later today on dictation 👀
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jason liu
jason liu@jxnlco·
yo @superwhisper can you support a version of dictation using openai's realtime api w/ web sockets so we can have faster dictation? I really need this I built something internally that works
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Brett Calhoun
Brett Calhoun@brettcalhounn·
We have capital that needs deployed. Who’s building the next big thing?
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Erik Bruckner
Erik Bruckner@E_Bruxxx·
Was talking with a state-funded VC in a non-traditional market the other day. Diligence can take up to a month to approve a $100K–$150K check + founder must build in that city for up to 5 years or return capital. 🤯🤯🤯 🚩🚩🚩
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Sam Hodara
Sam Hodara@ElSneakySnacker·
Having to use Chat GPT duing this Claude outage makes me want to cancel my GPT subscription.
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Sam Hodara
Sam Hodara@ElSneakySnacker·
Anyone else feel like a headless chicken during this Clauude outage?
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Uri Pilichowski
Uri Pilichowski@RationalSettler·
What do Israeli kids do with a day off from school? These entrepreneurial young men went out to my backyard and collected golf balls hit from my driving range. They must’ve collected 50 balls!
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