clive boulton
18.8K posts
@iC
Software company advisor. AI engineering from the get-go. Interests in ERP. Be excellent to each other #certacito
Mr. Roboto? 🤖 Video from Haidilao Hot Pot in Cupertino shows a now-viral robot dancing wildly, knocking items off a table as employees step in trying to restrain it. Reportedly, human error was to blame as an employee accidentally ordered up the high-energy act. abc7news.com/18736333/
Jensen Huang is loving the new Dell Pro Max with GB300 at NVIDIA GTC.💙 They asked me to sign it, but I already did 😉
California Democrats have cooked up a new “Property Transfer Tax” that would charge homeowners 5-6% on every home sale — based on the sale price, not your equity. That means if your home is worth $700,000 to $1 million — which is common in California — you could get hit with a tax bill of $42,000 to $60,000 just for selling your home! That’s right: after years of paying your mortgage, property taxes, insurance, and upkeep, Sacramento politicians want to grab tens of thousands more when you sell.
Students who took notes by hand scored ~28% higher on conceptual questions than laptop note-takers. Writing forces your brain to process and compress ideas instead of copying them.
In my State of the State address, I called for a Millionaires' Tax that puts a significant percentage of dollars back in the pockets of Washingtonians. We've reached the end of session, and the Millionaires' Tax has passed. With it, we have the biggest small business tax cut in state history, 460,000 additional working families receiving checks from the Working Families Tax Credit, and free school meals for all Washington kids. We seized the opportunity to make our tax system more fair.
.@Seahawks RB George Holani signed his exclusive rights free agent tender this afternoon. #GoHawks shwks.com/czscrnq5
Being on your laptop outside is a miserable experience and im tired of people pretending it's not
I am a California native who moved to Seattle 16 years ago from Silicon Valley because, at the time, the tradeoffs were compelling. A great emerging market for tech companies. I even like the weather. The last few years crushed any such possibility. Even California is an obviously better option on net at this point. The pervasive hostility of the State government toward the tech industry is unfathomable to me. Washington, competently managed, could have had an amazing future. I created many jobs in Washington. I will be creating many more in the near future but it will be somewhere else. Message received.
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
Everyone has MacBook neo fever, including the ex-Windows chief Steven Sinofsky, who famously shipped Windows 8 and Surface RT in 2012. He calls MacBook Neo "a paradigm shifting computer" while praising its build quality and software capabilities. More interestingly, he explains how it reminds him of the Surface RT, another $599 lightweight computing device powered by a mobile chip, except it was rejected by the market. Sinofsky reveals that under his leadership, he expects Windows on Arm would have eventually replaced x86 Windows, like how Apple transitioned from Intel to Arm on the Mac. He says the team that delivered Windows 8 and Surface RT were just early, not wrong. windowscentral.com/microsoft/ex-w…
I just signed a bill to replace the term "alien" with "noncitizen" in our statutes. Words have meaning. We got rid of an outdated — putting it generously — word and replaced it with one with an objective meaning. Thanks to sponsor Rep. Thai.
