Monthly Archives: August 2023

To make social security fairer, raise the ceiling.

For most working folks, the majority of your taxes are social security, certainly the majority of your federal taxes. The tax structure of SS is strongly weighted to help the rich. This is a fact that politicians have created and typically hide. Both parties proclaim tax help for the middle class, by instituting income tax changes that barely affect anyone, and really sticking it to the low wage-earner and middle class by a highly recessive SS tax that charges 14.2% off the top for a self-employed person, or 7.1% for an employee, but only to a cut-off of $160,000.

Anyone making more than this pays nothing on the overage, with the result that high earners, on a percent basis, pay essentially 0% tax. The rest of the high eaters income is generally protected by deductions. His car is a work expense, rented from the company, his travel is too. The working plumber benefits from these same deductions, but ends up paying 14.2% because of Social Security, while someone earning $1.6 million ends up paying 1.42% effectively.

People earring more than $1.6 million gain credit for other exemptions. Bill Gates has been buying farm land and claims the depreciation of the land value. Land does not actually depreciate, but you can claim it does because people like him get to fix the tax code (Donald Trump gets the same deduction, BTW on his gold courses). Less rich folks can still deduct the high cost of country club membership, of travel, entertainment, and meetings in exotic places (you can claim some of that too). Because so much of what you pay is Social security, it will come out that, while the executive may pay more in absolute tax, he or she will pay far less as a percentage. Many rich folks claim to find this offensive, but neglect to suggest the most obvious correction raise the ceiling on social security and (ideally) lower the the %.

I strongly suspect that we could bill for social security at 5% and 10% if we raised the ceiling to $2,000,000 per year. I suspect that SS would then be more solvent too. The net result would be drastically fairer.

Robert E. Buxbaum, April 23, 2023

Solving the evening solar power problem

Solar power is only available during the day, and people need power at night too. As a result, the people of a town will either need a lot of storage, or a back-up electric generator for use at night and on cloudy days. These are expensive, and use gasoline (generally) and they are hard to maintain for an individual. Central generated alternate power is cheaper, but the wires have to be maintained. As a result, solar power is duck curve, or canon curve power. It never frees you from hydrocarbons and power companies, and it usually saves no money or energy.

People need power at twilight and dawn too, and sunlight barely generates any power during these hours, and sometimes clouds appear and disappear suddenly while folks expect uniform power to their lights. The mismatch between supply and demand means that your backup generator, must run on and off suddenly. It’s difficult for small, home generators, but impossible for big central generators. In order to have full power by evening, the big generators need to run through the day. The result is that, for most situations, there is no value to solar power.

Installed solar power has not decreased the amount of generation needed, just changed when it is needed.

Power leveling through storage will address this problem, but it’s hardly done. Elon Musk has suggested that the city should pay people to use a home battery power leveler, a “power wall” or an unused electric car to provide electricity at night, twilight, and on cloudy days. It’s a legitimate idea, but no city has agreed, to date. In Europe, some locations have proposed having a central station that generates hydrogen from solar power during the day using electrolysis. This hydrogen can drive trucks or boats, especially if it is used to make hythane. One can also store massive power by water pumping or air compression.

Scottsbluff Neb. solar farm damaged by hail, 6/23.

In most locations, storage is not available, so solar power has virtually no value. I suspect that, at the very least, in these locations, the price per kWh should be significantly lower at noon on a sunny day (1/2 as expensive or less). The will cause people to charge their eVs at noon, and not at midnight. Adjusted prices will cause folks to do heavy manufacturing at noon and not at midnight. We have the technology for this, but not the political will, so far. Politicians find it easier to demand solar, overcharge people (and industry) and pretend to save the environment.

Robert Buxbaum Aug 8, 2023

Zoo Jokes, Symphony Joke

I went to the zoo to see the baguettes…

….They’re bread in captivity.

The had a pig there, sweltering in the sun.

He was bakin’

I dan’t go the symphony anymore, these days …

… It’s all sax and violins.

Robert Buxbaum, Aug. 2, 2023 –It’s summer, what do you expect? Life’s a beach.