- cross-posted to:
- foss@beehaw.org
- cross-posted to:
- foss@beehaw.org
Forgejo is changing its license to a Copyleft license. This blog post will try to bring clarity about the impact to you, explain the motivation behind this change and answer some questions you might have.
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Developers who choose to publish their work under a copyleft license are excluded from participating in software that is published under a permissive license. That is at the opposite of the core values of the Forgejo project and in June 2023 it was decided to also accept copylefted contributions. A year later, in August 2024, the first pull request to take advantage of this opportunity was proposed and merged.
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Forgejo versions starting from v9.0 are now released under the GPL v3+ and earlier Forgejo versions, including v8.0 and v7.0 patch releases remain under the MIT license.
This is misinformation, because it paints a picture of the rich being hard done by.
The bottom 50% pays an actual tax rate that is a higher percentage of their earnings than the top 50%. The richer you are, the more opportunity you have to reduce your tax burden. https://www.pbs.org/newshour/economy/column-much-poor-actually-pay-taxes-probably-think
Your own numbers are an indicator of massive income disparity.
It’s not actually higher:
https://taxfoundation.org/data/all/federal/latest-federal-income-tax-data-2024/
Top 1% pay 25.9% of their income to taxes, bottom 50% pay 3.3%
That doesn’t take into account non federal tax.
https://itep.org/who-pays-taxes-in-america-in-2024/
This says it more explicitly.
Also, reported income is not the same for regular people and the top 1%. Tax evasion techniques makes it seem as if they have way less income than they really have.
EDIT: I do realize some of this could be incorporated into the statement of your quote above.
Yeah dude it’s all a game :/
Can I pay my rent with unrealized capital gains?
@iopq Not you… but yes it’s possible and generally it creates financial bubbles. Basically using your capital as collateral on your mortgage. An example: https://www.youtube.com/watch?v=vpV1FS-gRZw (4:50)
But then I’d have to take out loans to pay my taxes which is absurd. I’ll have to pay taxes on money that I don’t physically have
@iopq You asked about rent, not taxes. They actually avoid taxes in this way. And yes, using money they don’t physically have is exactly the source of all financial bubbles.
I’m saying you can’t pay with paper money, you must pay with real money for everything.
I’m not against considering loans against unrealized assets as realization (with stepped up basis) since the person taking out said loan can use it to pay said tax.
People do this exact thing all the time. Taking on debts to keep cashflow or avoid taxes is normal.
If you are just sitting on unproductive assets instead of realising their value in some way, you are doing the wrong thing.
You should be able to gain revenue from the asset or it wouldn’t have appreciating value.
All your comments don’t make sense, it’s like you just want to take from the economy without giving anything back.
I think the tax system in the USA is designed to reward people who form corporations and then get people employed. People who are employed don’t have as much time to work on reforming institutions, so giving a tax break for employing people makes powerful people’s lives easier. In order to keep this process revenue neutral, earned income is taxed instead of taxing business as much. After extracting money from people’s labor (since labor is clearly necessary in order to create wealth), the remainder of budget needs is made up from whatever resources are easily available (which is currently the assets of rich people, since they have been given a lot of money to get people employed).
Yeah dude. The value of these corporations in inflated or neutral at best. Corporations pop up that are solely created to shelter or exploit to expand wealth.