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Cake day: June 16th, 2023

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  • Where I live (Philly suburb) there was an incident where a guy driving a 12,000 gallon gasoline truck pumped out 4000 gallons at his first gas station stop and then decided he just wanted to go home rather than making the rest of his deliveries. So he ran the hose to the back of the station and dumped the other 8000 gallons onto the ground. This happened to be right above a creek and about 200 feet from an elementary school.

    It just doesn’t make any sense how anybody could be this stupid. He got 20 years in prison for it or something like that. He certainly deserved it, but meanwhile executives who manage to create far worse disasters never see a day in jail.












  • Around the world, rich people often do relocate personally for tax purposes. One of the reasons we don’t often see rich people in the United States do this is that we have incredibly low taxes compared to the rest of the world. And that’s just nominal tax rates; in practice the super-rich pay almost nothing, which makes it even weirder how rabidly anti-tax they are.

    There is quite a bit of business relocation that happens because companies are lured to different locales through tax abatements.