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Understanding Write-offs and Tax Deductions
Exploring the nuances of write-offs, this chapter clarifies that a write-off doesn't signify profit but rather a deduction against taxable income. Through relatable examples, the discussion breaks down how losses can be offset against gains for tax purposes.
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Timestamps (Courtesy of NoKi1119):
0:00 Chapters
1:40 Intro
2:05 Topic #1 - Kate Middleton's Mother's Day photo scandal
6:08 Linus on royal followers, Luke on the ring & Mother's Day
8:41 Signs of image & face edits, Linus's face, GoT, "royal" names
12:06 Linus on how this scandal is a huge moment, WAN Show live on Twitter
13:38 Linus on trained AI, Luke asks why they'd use AI over photoshopping
19:56 Linus's favorite comment, Luke on "King cash," Terry Fox Foundation collab
25:48 Topic #2 - Cars now sell driving data to data brokers
28:44 Linus on lack of laws against data collectors, insurance struggles
32:35 Linus asks Luke how many people should hear about this
40:01 LTTStore's new tax write-off shirt, Luke is confused
44:51 Tax write-off, 30x30 CPU pillows & color block hoodies sale
47:28 Linus explains why, Luke asks why prove a point, Linus on education
52:22 Number of shirts sold, Linus on MCM's magnets & pricing
1:03:45 Luke asks for a demo, MCM cable ties & arches, key hack-ability
1:10:04 MCM sizes, VHB plates, magnetic axis, MCM work newsletter
1:17:54 Dan is doing his best, Super Chexx FP exclusive, Ludwig collab
1:20:57 Topic #3 - Luke wants to fight Ludwig, punishment PC
1:22:22 City of Surrey disallows hosting LAN at Badminton center
1:23:37 Luke thinks Linus cheated on him, "BDSM exclusive"
1:25:09 Linus on Ludwig's talent, Luke's favorite YouTube video
1:26:48 Merch Messages #1 ft. Limited dashboard
1:31:16 Linus shows message from Nick, calls Nick, "grey shirt"
1:34:38 Did you do well on school writing? When did you hire the first writer?
1:36:40 How would the removal of hyperthreading impact performance?
1:39:45 Luke points out Nick's funny LTTStore edits, hoodies sold out
1:41:32 Sponsor - Ridge
1:42:42 Sponsor - Squarespace
1:43:47 Sponsor - Vessi
1:44:46 Merch Messages #2 ft. Too many MMs
1:51:48 Nick finds more pink & periwinkle shirts
1:53:09 Topic #4 - Airbnb bans indoor security cameras
2:03:09 Topic #5 - European Parliament votes to adopt EU's AI Act
2:08:05 Topic #6 - Notebookchecks's article criticizes LTT's PS5 video
2:20:48 Linus on media coverage, Luke's experience with collabs
2:22:51 LTT's fast network video, FCC renews definition of Broadband
2:28:22 Jake's AI tool, Nick lists more clothes for sale, Linus's hair
2:34:17 Unit count increased, revenue & profit dropping down
2:35:23 Topic #7 - AMD requires 144 Hz spec to be eligible for FreeSync naming
2:35:36 Merch Messages #3 ft. WAN Show After Dark, comfort food
2:38:26 Why don't we see sturdy shuttles that behave like feathers?
2:41:10 What criteria do you use to give juniors admin passwords to infra?
2:45:07 Is Linus open to criticism?
2:49:17 Hardest part of selecting the components for each MCM pack?
2:51:14 Dan cried in the server room (real), Super Chexx, airport
2:54:01 Between Yvonne & Luke, who had the most development?
3:05:54 How did Linus like the hydrafacial? Would he get another?
3:15:07 Cool milestones Luke hit with his birds ft. Butterfly needles
3:17:46 Why do some YouTube companies blur a logo?
3:20:01 "LTT screwdriver is made in the largest man-made mineshaft"
3:20:33 Did you see the Star Wars: Battlefront re-release?
3:21:23 Have the improvements in wafer yields caused the end of entry CPUs/GPUs?
3:22:40 LTT screwdriver compromises? ft. MMs, Linus's alarm
3:26:45 Dan's favorite retro game?
3:28:21 What screws must you use with the MCM?
3:30:01 Does Luke's team hire US citizens? ft. Struggling with MMs
3:30:53 What LTTStore product would you want to have a V2 update?
3:32:44 What side project idea should I do? ft. V2 ABC's book
3:34:25 How do you measure success in your lives outside of views?
3:40:45 Outro ft. Super Chexx after party, merch messages fly-by
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