Gayan

[Elon Musk @elonmusk]

Change the programs that someone else put in your mind

[Alex Hormozi @AlexHormozi]

“Networking matters when you have nothing to offer. Dont sacrifice your goals to network. Because if you accomplish your goals, you’ll have even more to offer and the network will be there for you. But the reverse isn’t true. Keep the main thing the main thing.”

[Neuralink @neuralink]

We’re excited to announce that recruitment is open for our first-in-human clinical trial!

If you have quadriplegia due to cervical spinal cord injury or amyotrophic lateral sclerosis (ALS), you may qualify. Learn more about our trial by visiting our recent blog post.

https://t.co/mPLKFelOnD

[Numbers.lk @numberslka]

💵 Taxes & MPs: How MPs in Sri Lanka Reduced Their Tax Liability from Rs. 76,000 to Rs. 17,000

⭕️ The following payslip belongs to a Member of Parliament (MP) for the month of January 2023. He paid a total of Rs. 76,566.72 as APIT(PAYE) tax for the month.

⭕️ However, on February 7th, 2023, the Inland Revenue Department (IRD) made an amendment to the earlier instructions issued regarding non-cash benefits. This amendment made MPs the largest beneficiaries as it significantly reduced the amount of tax they had to pay on these benefits.

⭕️ According to the new instructions, if government employees, including MPs, receive a vehicle provided by the government, only 25% of the vehicle and fuel allowances are considered taxable income. Similarly, only 25% of the communication allowance is considered taxable income.

⭕️ As a result of this amendment, the tax liability of MPs was reduced from ~Rs. 76,000 to ~Rs. 17,000.

⭕️ It is important to note that this amendment does not apply to private-sector employees. They are still required to pay taxes on 100% of their fuel/transport/vehicle/communication allowances.

⭕️ It's also worth noting that the introduction of this amendment did not benefit regular government employees. While only a handful of government employees at the top of the hierarchy are eligible for a vehicle & fuel allowance, the vast majority of government employees still have to pay taxes on 100% of their employment income. This includes their salary, overtime pay, allowances, bonuses, and rewards, much like those in the private sector.

With this scheme, the government has effectively created a two-tier tax system, one for the entitled and one for the regular law-abiding citizens.

⭕️ According to some media reports, Members of Parliament (MPs) received a tax reimbursement of around Rs. 55,000 in March for the taxes they paid in January. If true, this must be the quickest reimbursement in the history of IRD especially considering the fact that MPs would eventually need to pay more than the reimbursed amount within the next few months.

⭕️ It's very clear that MPs and some entitled government employees are getting preferential treatment via the implementation of the new tax code. It is appalling that nobody in Parliament, including those who claim to be the "Representatives of the People," has addressed this issue.

Here you can see a comparison of the tax liability for Members of Parliament for the months of January and February: https://t.co/ldhmIrqPOF

#SriLanka #Taxes

[PayPal @PayPal]

Today, we’re unveiling a new stablecoin, PayPal USD (PYUSD). It’s designed for payments and is backed by highly liquid and secure assets. Starting today and rolling out in the next few weeks, you’ll be able to buy, sell, hold and transfer PYUSD. Learn more https://t.co/53RRBhmNHx

[Othersidemeta @OthersideMeta]

Koda Decoupling & Vessel claim is now live at https://t.co/FJM3gq3o49. Only Otherdeeds with Koda can Decouple, but all Otherdeeds can claim a Vessel. More details on Decoupling and claim in the thread below. 🧵

[Gayan @Gayan_De_]

Wen free web3 degree? I just applied for my spot at Alchemy University (@AlchemyLearn) - and you can too!

https://t.co/zUjNGQzJDS

[Mindset Bolt @mindsetbolt]

10 lessons we learned from gangster movies:

1.

[Gayan @Gayan_De_]

@CredibleCrypto Isn't nexo audited by @ArmaninoLLP?

[Benjamin Cowen @benjamincowen]

The market is more likely to bottom on a random Tuesday when no one cares about markets anymore, than when everyone is still interested enough to tune into every FOMC meeting.

[Hemant Agarwal ⚡️ @VRtrendfollower]

Same applies to #Trading and #Investing

[Alex Becker 🍊🏆🥇 @ZssBecker]

Sell all your shit. Own nothing. Have no debt. Move to a state/city where you have zero friends. Rent to a cheap empty room with a computer and mattress.

Don't leave till your fucking rich.

[Alex Becker 🍊🏆🥇 @ZssBecker]

There's an extremely solid... realistic chance crypto does not bottom for at least another year

AND we don't reclaim all time highs for 5-10 years.

I want another bull as much as you.

Someone needs to say this tho.

Amazon took 2 years to bottom, 10 to recover after 2000.

[Alex Becker 🍊🏆🥇 @ZssBecker]

This is the worst economic conditions you will ever see in your life time.

Please keep this in mind and be wise.

<3

[Gayan @Gayan_De_]

@SeedifyFund 😂🥲

[Gayan @Gayan_De_]

@SeedifyFund So what happens,
1) if only a partial amount is sold?
2) if sold but then repurchased the same amount before the 2nd vesting?
🤔

[Gayan @Gayan_De_]

@SeedifyFund 🥲

[Gayan @Gayan_De_]

@SeedifyFund Lol. What an interesting rule😂

[Elon Musk @elonmusk]

Since I’ve been asked a lot:

Buy stock in several companies that make products & services that *you* believe in.

Only sell if you think their products & services are trending worse. Don’t panic when the market does.

This will serve you well in the long-term.

[vibe/vibe @vibevibefun]

Travel worldwide with $SFUND & book your first trip on us! 🛫

Let's celebrate $SFUND LIVE on https://t.co/lvcxXkuG8f with a $10,000 #Giveaway to travel with! 🤑🧳

👉To join:

🧳 Follow @SeedifyFund & @travalacom
🧳 Like & RT this post
🧳Comment what city you want to travel to