UK has insanely high tax, bad weather, violent migrants running wild, police going after X users, bad crypto regs.... AND THEY THINK THEY CAN INCREASE TAXHAHAHAHHAHAAlex Recouso (@alexrecouso):🇬🇧 The recent capital gains tax increase in the UK was expected to bring additional tax revenue.Instead, high-net-worth individuals and families are leaving the country leading to an 18% fall in net capital gains tax revenue. A £2.7b loss.Welcome to the Laffer curve, suckers. https://t.co/f8zWaHPO2l ...

0% AI is slow.But 100% AI is slop.So the optimal amount of AI is actually between 0-100%. The exact figure varies by situation, but just the idea that 0% and 100% are both suboptimal is useful.It's the Laffer Curve, but for AI. ...

This is a very important slide. Um it illustrates the laugher curve. Uh when you cut taxes, if tax rates are too high, uh then you the revenue actually will increase.Why is that. Uh because companies and individuals stop using tax shelters and uh and stop trying to avoid taxes. So here you can see the history of the corporate tax rate and that is the black line there and you can see over time uh what has happened.This goes back to uh the early 1900s when uh we first put in place various income tax rates. Uh ...