Editing Meeting Notes 2012 07 31
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= Agenda = | = Agenda = | ||
[ | [https://www.noisebridge.net/wiki/Category:Meeting_Notes The 227th Meeting of Noisebridge] | ||
Note-taker: [[User:Malaclyps|Danny]] and the hordes on the etherpad | Note-taker: [[User:Malaclyps|Danny]] and the hordes on the etherpad | ||
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* Bruno -- from Vienna, doing startup with seven other people. Wants to talking about delegated voting. | * Bruno -- from Vienna, doing startup with seven other people. Wants to talking about delegated voting. | ||
* Evan -- says don't use ArchLinux, whatever you do. A CONTENTIOUS POINT OF DISCUSSION. | * Evan -- says don't use ArchLinux, whatever you do. A CONTENTIOUS POINT OF DISCUSSION. | ||
== Short Announcements == | == Short Announcements == | ||
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Malaclyps: Heard last meeting that it was a sort of money-laundering tax dodge; this isn't how tax dodges work, he doesn't pay any less tax. | Malaclyps: Heard last meeting that it was a sort of money-laundering tax dodge; this isn't how tax dodges work, he doesn't pay any less tax. | ||
Leif: A charitable foundation is very much a tax shelter; that may be pejorative, it is legal, but it's true. He's a wealthy libertarian. All billionaries have nonprofits and it's not because they're all really nice people. The rule is they have to spend 5% of total | Leif: A charitable foundation is very much a tax shelter; that may be pejorative, it is legal, but it's true. He's a wealthy libertarian. All billionaries have nonprofits and it's not because they're all really nice people. The rule is they have to spend 5% of total vlalue and don't pay taxes on profit from investments so he can give away and invest in for-profit enterprises. | ||
Eric: It doesn't actually work that way. For instance if I'm a 501(c)3 and you decide you're going to invest in a non-profit, there is intense shit you have to go through with the board. No, he doesn't pay taxes, but it's not really his money anymore, the board controls it, even if he gets a director's salary.<br> What Leif says, on multigenerational level, has merit but in single generation doesn't work that way. | Eric: It doesn't actually work that way. For instance if I'm a 501(c)3 and you decide you're going to invest in a non-profit, there is intense shit you have to go through with the board. No, he doesn't pay taxes, but it's not really his money anymore, the board controls it, even if he gets a director's salary.<br> What Leif says, on multigenerational level, has merit but in single generation doesn't work that way. | ||
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* Enjoy the company of your fellow hacker or robot. | * Enjoy the company of your fellow hacker or robot. | ||
[[Category:Meeting Notes]] | [[Category:Meeting Notes]] | ||