@elonmusk This is a clip from our video, If you want the full video that goes much more in delth. Here you are!
Anti Drone Rifle Rounds (Military and Civ Use)
https://t.co/vEYeAK8XZX
A guy was ready to drop $1,500 on a new OLED TV because his 3-year-old Smart TV was freezing up and took 5 seconds just to respond to the remote.
He unplugged it. Deleted old apps. Cleared the cache. The lag kept coming back.
He went to Best Buy to get a replacement.
The home theater installer in the blue shirt stopped him: "Before you spend a grand, let me show you something."
He grabbed a remote and shook his head.
"There are 8 hidden tracking settings throttling your TV's processor right now. Manufacturers turn them all on by default. Nobody tells you they exist. Let's fix this."
Here's what he showed him in the next 8 minutes. ๐งต
When the Saudis perpetrated the double tap airstrike on a Sana'a funeral (8 Oct 2016) killing 155 civilians & injuring 525, they said they were targeting Ansar Interior Minister, Gen. Rowaishan, Defense Minister, Gen. Khairan, & Ghamari. None of the 3 were present in the funeral.
@HartmutUrrutia@richimedhurst She gives a couple of reasons why eg China's diversification of energy (only 29% of it is oil & gas), the energy disruption will not only harm its allies but also the U.S., which depends on them economically, etc. She explains it well here: https://t.co/oifvxw5wae
Beautiful.
Yesterday, China and Tanzania jointly commemorated Chinese experts who sacrificed their lives during the construction of the Tanzania-Zambia (TAZARA) Railway, marking 50 years since the railway's commercial operations began.
The date also coincided with the Qingming Festival, a traditional Chinese occasion for paying tribute to the deceased.
More than 50,000 Chinese workers participated in the railway's construction, with 70 losing their lives in the process.
China's selfless support for the TAZARA project was a profound gesture of solidarity with newly-liberated African countries, with the Pan-African movement, and with the whole continent's struggle against aggressive, expansionist apartheid in Rhodesia and South Africa.
@gndzongana The husband in my host family while studying in Sweden in 2013-14 was a Ghanaian man married to a Swede raised at Umtata and later his parents settled at Mahikeng.
@dk_dax You are completely wrong with Ethiopia and Angola. Those countries are forging ahead economically and developmentally.
SA has two economies, its first world in appearance and a vast under developed side.
When will Africans finally outgrow this embarrassing and childish tourist syndrome?
An African flies to a European country, sees a shiny building or a fancy train, whips out their phone, and immediately runs to social media to cry, "When will our country have this?!"
SPOILER ALERT : those train rides are not free.
They are directly subsidized by the missing wealth and uncollected taxes of the developing world.
Truth is that, while the rest of Europe was tripping over themselves to aggressively extract African resources by sending gunboats, missionaries, and colonial administrators to do their dirty work, Luxembourg was playing 3D chess.
They did not need to get their hands bloody or dirty. Instead, they quietly positioned themselves as the ultimate offshore tollbooth for the wealth being plundered from the Global South.
Here is how their white-collar criminal network operates: A massive multinational conglomerate digs up copper in Zambia, pumps crude in Nigeria, or mines cobalt in the DRC Congo.
By any standard of fairness, the immense wealth generated from those resources should be taxed locally to build the exact same roads, schools, and train networks we keep drooling over.
But the global financial system is rigged. Instead of paying their fair share, that corporation sets up a shell company and often literally just a dusty P.O. Box in Luxembourg.
And then through the dark arts of corporate accounting known as "profit shifting" and "transfer pricing," the company manipulates its books. The African subsidiary, the one doing the actual extraction, magically records zero profit.
Meanwhile, the Luxembourg P.O. Box records billions. Africa gets the environmental degradation, the exploited labor, and a depleted national treasury. Luxembourg gets the capital.
Now, Luxembourg taxes these phantom P.O. boxes just enough to make it look legitimate, pulling in about 5% of their GDP. But thatโs just the cover charge. When you factor in the massive ecosystem built to service this racket,the armies of corporate lawyers, wealth managers, auditors, and bankers designing these tax-dodging schemes, it accounts for a staggering 30% of Luxembourgโs entire GDP.
Put the math together, and you realize that nearly 40% of their national wealth is a monument to laundered money.
It is the most flawlessly executed heist in modern history. They managed to siphon the wealth of a continent without firing a single bullet or toppling a single regime.
@Tsogang3@proudlysoutha Experienced similar loss to Afrikaners, never dealt with Jews in business or life. I have no opinion besides knowing they were one of only white people in the struggle trenches with Africans.
๐ฆ๐ผ๐๐๐ต ๐๐ณ๐ฟ๐ถ๐ฐ๐ฎโ๐ ๐๐ฎ๐ ๐๐๐๐๐ฒ๐บ ๐ถ๐ ๐ฝ๐ฟ๐ผ๐ด๐ฟ๐ฒ๐๐๐ถ๐๐ฒ.
This means when you earn more you donโt pay tax on the new full amount but rather only on the portion that falls into the next tax bracket above.
This is why it may even be better to keep your side hustle money in your personal name, rather than opting for a company straight away.
๐๐ฒ๐ ๐บ๐ฒ ๐ฒ๐ ๐ฝ๐น๐ฎ๐ถ๐ป:
If my salary is R245,100 I pay 18% tax on anything below that amount.
18% of R245,100 = R44,118.
(Minus rebates (left out for example).
-โโโโ
Now, suppose I earn R245,200.
You do NOT suddenly pay 26% on the full salary.
I will only pay 26% on the R100 that is above the R245,100.
( R245,200-R245.100) = R100.
That means:
โ The first R245,100 is still taxed at 18%
โ Only the extra R100 is taxed at 26%
I pay R44,118 + R26 in total tax on my R245,200 salary.
๐ง๐ผ๐๐ฎ๐น ๐ง๐ฎ๐ ๐ฃ๐ฎ๐ถ๐ฑ = ๐ฅ๐ฐ๐ฐ,๐ญ๐ฐ๐ฐ
My effective tax is basically still 18,003%, even though technically my salary seems to be in the 26% bracket.
๐๐ฒ๐ ๐๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐:
Even though youโve entered the 26% bracket, your effective tax rate barely changes from the 18%. (R44,144/245,200).
You only pay higher tax on the income above each bracket, not your entire salary.
โโโโโโ
This is why opening a company may only make sense once youโve reached a higher tax rate in your individual name,
because if not,
you could just be shooting yourself in the foot and end up owing more tax by opting for a company the moment you earn side hustle money.
@Maxwell_7X@tardrippi One of my high school seniors made huge strides economically in East Africa, Africa is prosperous its just that we have blinkers on. No wonder Asians and other races come here to make serious bread.
My first encounter with the Development Fund Institutions was with the National Empowerment Fund(NEF)
Then, DBSA then IDC then recently PIC
Blessed are those that get funding shem, the rest of us suffer.
We keep pushing, we keep moving, giving up is not an option.
Love and light to all entrepreneurs