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Life at the Edge

https://asadk.com/p/edge
1•tosh•5m ago•0 comments

RISC-V Vector Primer

https://github.com/simplex-micro/riscv-vector-primer/blob/main/index.md
2•oxxoxoxooo•9m ago•1 comments

Show HN: Invoxo – Invoicing with automatic EU VAT for cross-border services

2•InvoxoEU•9m ago•0 comments

A Tale of Two Standards, POSIX and Win32 (2005)

https://www.samba.org/samba/news/articles/low_point/tale_two_stds_os2.html
2•goranmoomin•13m ago•0 comments

Ask HN: Is the Downfall of SaaS Started?

3•throwaw12•14m ago•0 comments

Flirt: The Native Backend

https://blog.buenzli.dev/flirt-native-backend/
2•senekor•16m ago•0 comments

OpenAI's Latest Platform Targets Enterprise Customers

https://aibusiness.com/agentic-ai/openai-s-latest-platform-targets-enterprise-customers
1•myk-e•18m ago•0 comments

Goldman Sachs taps Anthropic's Claude to automate accounting, compliance roles

https://www.cnbc.com/2026/02/06/anthropic-goldman-sachs-ai-model-accounting.html
2•myk-e•21m ago•3 comments

Ai.com bought by Crypto.com founder for $70M in biggest-ever website name deal

https://www.ft.com/content/83488628-8dfd-4060-a7b0-71b1bb012785
1•1vuio0pswjnm7•21m ago•1 comments

Big Tech's AI Push Is Costing More Than the Moon Landing

https://www.wsj.com/tech/ai/ai-spending-tech-companies-compared-02b90046
3•1vuio0pswjnm7•23m ago•0 comments

The AI boom is causing shortages everywhere else

https://www.washingtonpost.com/technology/2026/02/07/ai-spending-economy-shortages/
2•1vuio0pswjnm7•25m ago•0 comments

Suno, AI Music, and the Bad Future [video]

https://www.youtube.com/watch?v=U8dcFhF0Dlk
1•askl•27m ago•2 comments

Ask HN: How are researchers using AlphaFold in 2026?

1•jocho12•30m ago•0 comments

Running the "Reflections on Trusting Trust" Compiler

https://spawn-queue.acm.org/doi/10.1145/3786614
1•devooops•35m ago•0 comments

Watermark API – $0.01/image, 10x cheaper than Cloudinary

https://api-production-caa8.up.railway.app/docs
1•lembergs•37m ago•1 comments

Now send your marketing campaigns directly from ChatGPT

https://www.mail-o-mail.com/
1•avallark•40m ago•1 comments

Queueing Theory v2: DORA metrics, queue-of-queues, chi-alpha-beta-sigma notation

https://github.com/joelparkerhenderson/queueing-theory
1•jph•52m ago•0 comments

Show HN: Hibana – choreography-first protocol safety for Rust

https://hibanaworks.dev/
5•o8vm•54m ago•1 comments

Haniri: A live autonomous world where AI agents survive or collapse

https://www.haniri.com
1•donangrey•55m ago•1 comments

GPT-5.3-Codex System Card [pdf]

https://cdn.openai.com/pdf/23eca107-a9b1-4d2c-b156-7deb4fbc697c/GPT-5-3-Codex-System-Card-02.pdf
1•tosh•1h ago•0 comments

Atlas: Manage your database schema as code

https://github.com/ariga/atlas
1•quectophoton•1h ago•0 comments

Geist Pixel

https://vercel.com/blog/introducing-geist-pixel
2•helloplanets•1h ago•0 comments

Show HN: MCP to get latest dependency package and tool versions

https://github.com/MShekow/package-version-check-mcp
1•mshekow•1h ago•0 comments

The better you get at something, the harder it becomes to do

https://seekingtrust.substack.com/p/improving-at-writing-made-me-almost
2•FinnLobsien•1h ago•0 comments

Show HN: WP Float – Archive WordPress blogs to free static hosting

https://wpfloat.netlify.app/
1•zizoulegrande•1h ago•0 comments

Show HN: I Hacked My Family's Meal Planning with an App

https://mealjar.app
1•melvinzammit•1h ago•0 comments

Sony BMG copy protection rootkit scandal

https://en.wikipedia.org/wiki/Sony_BMG_copy_protection_rootkit_scandal
2•basilikum•1h ago•0 comments

The Future of Systems

https://novlabs.ai/mission/
2•tekbog•1h ago•1 comments

NASA now allowing astronauts to bring their smartphones on space missions

https://twitter.com/NASAAdmin/status/2019259382962307393
2•gbugniot•1h ago•0 comments

Claude Code Is the Inflection Point

https://newsletter.semianalysis.com/p/claude-code-is-the-inflection-point
4•throwaw12•1h ago•3 comments
Open in hackernews

Spain put up wealth taxes

https://www.theguardian.com/politics/2025/aug/16/spain-put-up-wealth-taxes-pandemic-billionaires-stayed
13•andsoitis•5mo ago

Comments

andsoitis•5mo ago
"Wealth taxes are designed to take a percentage of a person’s assets each year."
SilverElfin•5mo ago
Wealth taxes may become a necessity as AI eliminates opportunities for employment. But it still feels wrong, since it is basically a retroactive tax on what people have worked for and earned already. The rates and thresholds really matter for it to be fair.

> The rate starts at 1.7% for those with net wealth of €3m, rising to 3.5% for fortunes over €10m. It is payable on worldwide assets.

An almost 2% rate on wealth of less than 10M feels wrong to me. These are mostly people who have worked hard to become rich and it is taking away what they deserve IMO, after they already worked for it under one set of rules. I feel like the thresholds should be more like 100M and above. Also it doesn’t seem appropriate to tax worldwide assets. Why should Spain have any claim to someone’s assets in some other location entirely, especially for this type of retroactive wealth tax?

tpmoney•5mo ago
> Why should Spain have any claim to someone’s assets in some other location entirely, especially for this type of retroactive wealth tax?

It's the only (easy) way to make a wealth tax like this work. If you don't target total assets regardless of where they're held, dodging the tax is as "simple" as moving your assets out of Spain. You could implement complex "exit" taxes for foreign asset transfers and purchases, but a flat "we will tax everything you own, everywhere" is simpler.

blargey•5mo ago
> The 60/20 Rule is a lesser-known provision that can help limit your total Wealth and Solidarity Tax liability. Under this rule, your combined tax on income (IRPF) and Wealth/Solidarity Tax cannot exceed 60% of your taxable income. However, the tax cannot be reduced below 20% of the original amount.

Seems the effective wealth tax rate for single-digit millionaires is closer to 0.34% than 1.7% in practice.

ref: https://www.skyboundwealth.com/news-and-insights/spanish-wea...

(Also worth mentioning since some commenters seem to have missed it: Spain has two wealth taxes, the older "wealth tax" and the recent "solidarity tax". The older wealth tax had been functionally abolished in several regions, and the new solidarity tax effectively replaced it, with higher asset thresholds.)

rendx•5mo ago
Original title, please edit: How Spain put up wealth taxes - without chasing away the billionaires

"What is clear is that, two years on, a predicted exodus of the rich, trumpeted in endless alarmist headlines, has not materialised. Forbes counted 26 Spanish billionaires in 2021. This year, it lists 34, with a combined net worth comfortably over $200bn."

"So far, there is no sign that it has affected growth. Spain was the world’s fastest-expanding major advanced economy last year, outpacing even the US, with GDP up 3.2%. By contrast, growth in the UK and France last year barely scraped above 1%."