VIP Class Notes (Tibo) (S)

universal income

there are still many people who need to be education -> people need to be educated about the products.
we use a heater to dry underwear and socks
Tmall wants to educate the market to build up a mindset that you need a dryer at home.

More and more families think about buying a washing machine before they decorate a new home because you need space for the machine so you need a design /dimensions

My mum and dad both of them retired already they can get almost 5k a month it is higher than average.
Young people pay for this expense from our taxes. It is 12% for my income and our company has to pay a large part.

the cost of pensions is paid by young people.
Do we have more money paid from the tax? Maybe we need to raise the income tax 

there are still many people who need to be education -> people need to be educated about the products.
we use a heater to dry underwear and socks
Tmall wants to educate the market to build up a mindset that you need a dryer at home. / spread the idea that a dryer is necessary

More and more families think about buying a washing machine before they decorate a new home because you need space for the machine so you need a design /dimensions

My mum and dad both of them are already  retired they can get almost 5k a month it is higher than average.
Young people pay for this expense from their taxes./ young people bear this cost.
It is 12% for my income and our company has to pay a large part.
the cost of pensions is paid by young people.
Can the tax gather / raise enough money to pay for the program?  Maybe we need to raise the income tax 

Vocabulary

loan shark (n) : company which lends money at a high interest rate
He couldn’t go to the bank so he went to a loan shark but the interest was much higher.

income tax (n) : tax on income
He avoids the income tax through a loophole

pension (n) : money people get after retirement
pension expenses in China is high

to educate (v)
We need to educate customers

dimension (n) : 尺寸 / detailed measurements
I checked the dimensions of the washing machine and realized it wouldn’t fit.

size (n) : idea of how big or small / not always precise
I think about buying the big size but what are the dimensions exactly ?

process (n) : the way something is done
I don’t enjoy the process of cooking

progress (n) : advancement / development
The progress of technology makes our life more convenient

catch (n) : limit / requirement
you can get a discount on the product but there is a catch, you must order online.

loophole (n) : a smart way to avoid requirements 漏洞
Travel from China was impossible but many people discovered a loophole. they could fly to Thailand and then from Thailand to the US.

fungible (adj) : replaceable / each are all the same
1 usd is fungible, no matter the note they all have the same value

not fungible (adj) : not replaceable
art is not fungible , only the real painting has value.

Grammar

regardless of : no matter
everyone gets money regardless of employment = no matter if they are working or not

Pronunciation

weird