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No amount of updates will wash away the stink of Oracle from Java.


This is hn, where unless something is written in rust or zig usually, people will hate on it. They would rather pump a cli tool than any software of sizable scale.


I love Rust. I love Haskell even more. I’m a big fan of Scheme. But anyone who “hates” on Java is just revealing a lack of understanding of what’s important in professional software development.


Again, Temurin/OpenJDK disagree


> This is a massive tax break for the wealthy.

Do you have a reference for this?

Any sort of gift or inheritance transfers the cost basis as far as I know.


Um, I don't know what information you're getting but this is easily Googleable eg [1]:

> The tax basis of property acquired by a beneficiary from someone who dies is ordinarily the property's fair market value at the date of the decedent's death.

[1]: https://www.fidelity.com/learning-center/personal-finance/wh...


I guess there would be all sorts of megacorps happy to loan you money for this with your assets as collateral.

Remember London and Amsterdam have extremely strong finance industry lobbying, and that shows up in their lawmaking.


I know several people that got cleaned out in IPOs partially due to how taxes work on no-liquidity (lockout) periods. If you IPO'd at $10 ($3 goes to the tax man), and when you can finally sell it 6mo later and stock is only worth about $3, the IRS makes more money than you.

Checkout what happened at Uber [0].

My cousin at Aurora borrowed money for his tax bill on IPO. I don't know the final numbers, but I hope he at least broke even.

Real examples include: $GRAB, $AUR, $UBER

[0] - https://www.cnbc.com/2020/08/28/nearly-200-uber-employees-su...


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