Which administration is less likely to increase Peter Thiel’s taxes?
I’m fairly certain he is spending it better than the USG. Considering what kind of charity he spends it on, it doesn’t seem like he gives to charity to get tax brakes or buy status for bragging at cocktail parties. I’m fairly sure a richer Peter Thiel translates into a better less existential risk exposed world.
Edited: People don’t seem to be following my Peter Thiel link, it goes to the Top Donors for the Singularity Institute:
I’d actually be surprised if Thiel’s marginal tax rate strongly influences the amount he contributes to SIAI. For one, I don’t think the reason he donated $1,100,000 rather than twice that amount was that it was the most he could afford.
I’d be even more surprised (even given the above) if the resulting change has more effect on humanity’s future than the other effects of differences in tax policy.
I think you would also have to consider the effect on Thiel’s income. It’s possible (for instance) that Obama would increase his tax rate but also increase his income enough to cover this.
Since I think both Obama and Romney are proposing policies which are bad for the economy, and since I’m not really an expert in economic policy, I don’t actually have a strong opinion on which how the election would affect Thiel’s income. But it definitely must be considered.
Not necessarily, even if the effect on Thiel’s income is my only consideration.
For one thing, Thiel might recommend candidate A over B because he calculates expected income under A > expected income under B, but I might consider Thiel’s expected income calculations incorrect and believe EI(B) > EI(A), in which case I would vote for B. For another, Thiel might recommend A over B because he values other things more than EI… for example, maybe B is a Mormon and Thiel really hates Mormons. In which case Thiel’s endorsement of A would not be strong evidence that I should vote for A. Etc.
In fact, even by novalis’ reasoning, we don’t care about Thiel’s income, we care about the size of Thiel’s donations to SIAI. If Thiel credibly precommits to donating N to SIAI if candidate A wins, and 2N if B wins, then in this case I should vote for B, even if everyone agrees that A will maximize Thiel’s income.
Well, that’s only if we think the marginal effects of policy changes on SAIA donors’ income would be greater than any other difference between the candidates in terms of effects on the world. I think this is pretty unlikely.
Which administration is less likely to increase Peter Thiel’s taxes?
I’m fairly certain he is spending it better than the USG. Considering what kind of charity he spends it on, it doesn’t seem like he gives to charity to get tax brakes or buy status for bragging at cocktail parties. I’m fairly sure a richer Peter Thiel translates into a better less existential risk exposed world.
Edited: People don’t seem to be following my Peter Thiel link, it goes to the Top Donors for the Singularity Institute:
Do the rest of the people paying comparable taxes to Peter Thiel also spend their money in such a ‘responsible’ manner?
I’d actually be surprised if Thiel’s marginal tax rate strongly influences the amount he contributes to SIAI. For one, I don’t think the reason he donated $1,100,000 rather than twice that amount was that it was the most he could afford.
I’d be even more surprised (even given the above) if the resulting change has more effect on humanity’s future than the other effects of differences in tax policy.
I think you would also have to consider the effect on Thiel’s income. It’s possible (for instance) that Obama would increase his tax rate but also increase his income enough to cover this.
Since I think both Obama and Romney are proposing policies which are bad for the economy, and since I’m not really an expert in economic policy, I don’t actually have a strong opinion on which how the election would affect Thiel’s income. But it definitely must be considered.
In that case I suppose we should let Thiel tell us who to vote for.
Not necessarily, even if the effect on Thiel’s income is my only consideration.
For one thing, Thiel might recommend candidate A over B because he calculates expected income under A > expected income under B, but I might consider Thiel’s expected income calculations incorrect and believe EI(B) > EI(A), in which case I would vote for B.
For another, Thiel might recommend A over B because he values other things more than EI… for example, maybe B is a Mormon and Thiel really hates Mormons. In which case Thiel’s endorsement of A would not be strong evidence that I should vote for A.
Etc.
In fact, even by novalis’ reasoning, we don’t care about Thiel’s income, we care about the size of Thiel’s donations to SIAI. If Thiel credibly precommits to donating N to SIAI if candidate A wins, and 2N if B wins, then in this case I should vote for B, even if everyone agrees that A will maximize Thiel’s income.
Well, that’s only if we think the marginal effects of policy changes on SAIA donors’ income would be greater than any other difference between the candidates in terms of effects on the world. I think this is pretty unlikely.
Good point. This seems to be a pro-Romney argument.
But the existential risk argument seems tenuous—does Thiel contribute to SIAI, for instance? If not, who does contribute?
To such an extent that yesterday someone felt compelled to point out that he only contributes “maybe half or less” of SIAI’s budget.
Thanks for letting me know!
He is an SIAI advisor, and I believe the largest donor.
http://singularity.org/topdonors/