Cyprien Autexier

I'm a fullstack developer. I'm passionate about #engineering and #music.

[Cyprien Autexier @sandorfr]

@XavierORourke @TaxPawspective Let’s just put it here the wealth required to not depend on pension is estimated about 1.2million.

In think that divides me and you is I don’t think we should be forced into a rigid framework like superannuation to achieve that

[Cyprien Autexier @sandorfr]

@XavierORourke @TaxPawspective That’s your opinion.

[Cyprien Autexier @sandorfr]

@linzcom Yes they try to move the Overton window over there. Zucman/Piketty succeeded to some extent in Europe already.

[Cyprien Autexier @sandorfr]

@drsmithy @TaxPawspective The error is generalising it. Land is fixed-supply, so taxing it can’t shrink supply, which is why LVT works. A risk-bearing claim on a firm’s cashflows isn’t fixed-supply, and the return prices risk, time and illiquidity. Why tax them as the same animal?

[Cyprien Autexier @sandorfr]

@drsmithy @TaxPawspective “I’m not talking about rent” but your own land example is rent. Value from spillovers you didn’t create, capitalised and realised as a gain. You picked the purest case of the thing you’re denying.

[Cyprien Autexier @sandorfr]

@XavierORourke @TaxPawspective Here you go

[Cyprien Autexier @sandorfr]

@David_McMahon75 @PunishedJeanLuc The FIRE angle is a distraction. The real issue is the notch: pensioners are exempt from the 30% floor, self-funded retirees aren’t. So $1 under the asset test gets the pension and the CGT exemption, $1 over gets neither. The policy hits exactly the self-funding it claims to want

[Cyprien Autexier @sandorfr]

@XavierORourke @TaxPawspective 30% flooring and change to CGT on shares. I think it’s actively harmful. For the real estate part of the reform I’m more on the « this is useless » and more to make a bad reform palatable to their voter base. It will force a couple arbitrage and back to normal.

[Cyprien Autexier @sandorfr]

@drsmithy @TaxPawspective Companies need capital, in exchange of yours and if they execute well you get some return. That’s not nothing. But I suspect you don’t believe in private property.

[Cyprien Autexier @sandorfr]

@XavierORourke @TaxPawspective It is also hurting the retire that is just above the threshold of pension eligibility more than the rest.

[Cyprien Autexier @sandorfr]

@XavierORourke @TaxPawspective Because as long as this remains in the territory of morality I don’t think we will resolve this.

I don’t think this reform is valid. It’s making big sweeping changes that further deteriorate capability to build wealth for workers of middle and high class.

[Cyprien Autexier @sandorfr]

@DeBunKerEtoiles Il y a une grande chance que la France gâche cet argent. Mais j’espère vraiment avoir tord 😂

[Cyprien Autexier @sandorfr]

@XavierORourke @TaxPawspective Still trying to make an argument based on morality

[Cyprien Autexier @sandorfr]

@drsmithy @TaxPawspective Land is a beast if its own I’ll give you that. And land tax instead of stamp duty could make sense.

For company and business investment it’s mostly incorrect. And you are deep in ideology.

You consider that every investment is rent but that’s not the case.

[Cyprien Autexier @sandorfr]

@TaxPawspective @XavierORourke Why do you bring moral and derivative terms in everything. Why does the brother gifted shares has to be lazy?

[Cyprien Autexier @sandorfr]

@XavierORourke @TaxPawspective Make rules for that not for someone saving a part of their income for unforeseen circumstances or future projects.

[Cyprien Autexier @sandorfr]

@TaxPawspective @drsmithy Saying you have « done nothing » is a bit simplistic. You have allocated money to that asset which delivered value. You could have eaten caviar and lobster but instead you decided it was more valuable to invest in a company.

[Cyprien Autexier @sandorfr]

@David_McMahon75 @PunishedJeanLuc The FIRE angle is a distraction. The real issue is the notch: pensioners are exempt from the 30% floor, self-funded retirees aren’t. So $1 under the asset test gets the pension and the CGT exemption, $1 over gets neither. The policy hits exactly the self-funding it claims to want

[Cyprien Autexier @sandorfr]

@Alex_M750 @GabrielAttal Exactement, il faudrait prendre modèle sur 401k (usa) and superannuation (Australie).

[Cyprien Autexier @sandorfr]

@Fabiobuilds @orcus108 @MistralAI @grok It was a short lived joke/troll that people took a little too seriously because it would probably be great for everyone

[Cyprien Autexier @sandorfr]

@Carene1984 Dingue, moins bon que Gemma4