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'Gates for President' Group Gives Up

netbuzz writes "Dilbert creator Scott Adams had done his best to make this fantasy (or nightmare, depending on your point of view) a viable notion, but after three months of trying the group's leader has acknowledged that it's unlikely Gates will give up his current gig. They've tossed in the towel." Here is our original coverage of this ill-conceived plan.

274 comments

  1. Why would he? by macmastery · · Score: 5, Funny

    Isn't it a pay cut?

    1. Re:Why would he? by Syro2000 · · Score: 5, Insightful

      According to wikipedia, the President's salary traditionally serves as the cap for all government employees, and is currently near half a million dollars. That said, most everyone who runs for President is already independently wealthy, so I don't think pay is a major concern.

      A more appropriate question -- given who we are talking about -- would perhaps be, "isn't it a power cut?"

      --
      SF Bay Area indie music: bandega.com - Never miss a show again
    2. Re:Why would he? by Anonymous Coward · · Score: 5, Interesting

      Seriously. When the President of China came to Washington state, he met with Gates at his own home. The Governor was an 'invited guest'. Gates has more power as a businessman than he ever would as a politician.

    3. Re:Why would he? by Anonymous Coward · · Score: 0

      Gates is far too rich and powerful to be president.

    4. Re:Why would he? by Stormwatch · · Score: 3, Interesting

      When the President of China came to Washington state, he met with Gates at his own home. The Governor was an 'invited guest'.
      Maybe that was because he wanted to see Gates' place? You know, it sure is a really nice house.
    5. Re:Why would he? by Skidge · · Score: 1

      According to wikipedia, the President's salary traditionally serves as the cap for all government employees, and is currently near half a million dollars.

      That cap is one reason why the military has trouble holding onto its higher paid employees, such some specialties of doctors. Once their obligations are up, they can make much more in the civilian world.
    6. Re:Why would he? by Greyfox · · Score: 1

      Yah. Less power, too. This administration likes to think they don't have to answer to anyone but at some point the piper's going to come 'round looking for his pay. Gates can always say "Fuck you" to anyone on the planet including any government, buy Cuba, set up shop there and erect a giant Windows Logo that's visible from space. AND have enough left over to defend his new Cuban fortress of Evil with nuclear weapons!

      --

      I'm trying to teach myself to set people on fire with my mind... Is it hot in here?

    7. Re:Why would he? by Anonymous Coward · · Score: 0

      He could then take a page from Shrub and start bombing countries using Open Source Software. Smart bombs for all you commies!!!

    8. Re:Why would he? by mikeisme77 · · Score: 1

      You actually lose money if you become President (at least during your term in office). There is no budget set aside for entertaining foreign dignitaries and as such, the expense of entertaining the foreign visitors come out of the President's own pocket. This expense tends to far exceed the paltry $400,000 annual paycheck. Or at least this is what I was told over half a decade ago in a US Government class.

    9. Re:Why would he? by Anonymous Coward · · Score: 0

      Shouldn't this post AT LEAST contain a link to the Bill Gates for Prez website? www.billgatesforpresident.net

    10. Re:Why would he? by rtb61 · · Score: 3, Interesting
      Now doesn't that really depend upon how much you can supplement you basic presidential salary whilst in office. Even the current vice president currently makes far more from his previous and current business associations than his base pay and that the current presidents decisions, that seem to some how, accidentally, for no real reason at all, favour those business associations, has nothing at all to do with the vice presidents new found wealth.

      I mean rumour has it, that the goal of a war with Iran has more to do with cutting off the supply of Iranian oil and achieving a price target $90 barrel for oil (which for no real apparent reason accidentally favours the current presidents business relationships) rather than WMDs which autocrats love to make lots of noise about but fear to use because they will end up being personally targeted by those same weapons.

      Now of course Bill would make no money from M$ software being made compulsory in every US government department, every US school and every US business. Personally I don't see Bill being interested in any kind of silly nonsense like that, but billy goat ballmer would be whole different story, he would leap at the opportunity and just think how entertaining he would end up becoming, an all new, all singing, all dancing US president, and as a bonus, chair throwing would become a new national sport, cool ;-))) (well at least it is funny from my point of view, not being an American).

      --
      Chaos - everything, everywhere, everywhen
  2. Not a Microsoft fan, but better than neo-cons by Anonymous Coward · · Score: 0

    Bill Gates would probably run the economy *much* better than George. And probably would not get involved in the idiotic "Great American Century" neo-cons.

    1. Re:Not a Microsoft fan, but better than neo-cons by rblancarte · · Score: 0, Flamebait

      Can you imagine the H1Bs that would in this country though?

      --
      It is human nature to take shortcuts in thinking.
    2. Re:Not a Microsoft fan, but better than neo-cons by RulerOf · · Score: 1, Funny

      While the economy would prosper from non-tariffed overseas sales of Microsoft and Dell goods, the resulting civil war from the Apple and Linux sympathizing states would most certainly bring it right back down.

      --
      Boot Windows, Linux, and ESX over the network for free.
    3. Re:Not a Microsoft fan, but better than neo-cons by Aqua_boy17 · · Score: 4, Insightful

      Spot on. The country would be in much better shape if we had more business people in politics and less politicians who are, by and large, mostly lawyers and career politicians. I'm not saying Gates is the right man for the job, but I do think we need more people with real business acumen in politics (not Neo-Cons with Ivy-league MBA's) before anything is really going to change.

      --
      What if the Hokey Pokey really is what it's all about?
    4. Re:Not a Microsoft fan, but better than neo-cons by Anonymous Coward · · Score: 1

      Face it, you're getting Hillary in 08, whether you like it or not. Just don't care about it and you'll feel better.

    5. Re:Not a Microsoft fan, but better than neo-cons by Anonymous Coward · · Score: 0

      Your post is 24 days early.

    6. Re:Not a Microsoft fan, but better than neo-cons by Anonymous Coward · · Score: 0

      Hello? Bush is a businessman. He's said as much. Look at his businesses, he gets floated money from friends and family, including his good Arabian friend, tanks the company and gets bailed out only to repeat the process. Yes, more businessmen are needed to run the country....

    7. Re:Not a Microsoft fan, but better than neo-cons by rbanffy · · Score: 3, Interesting

      Seriously, you want an evil genius as president?

      Not only he is unbelievably rich and powerful, but he is responsible for nearly every kind of almost-but-not-quite criminal corporate misconduct in the book and then inventing some. He recklessly and shamelessly exploits everyone and everything he can to benefit himself and the company he sees as an extention of himself.

      And you want to give him, in addition to everything he already has, the position of commander of the armed forces.

      You gotta be kidding.

    8. Re:Not a Microsoft fan, but better than neo-cons by king-manic · · Score: 2, Insightful

      Look at what you have now. compare. Do you want austin powers #2 running things or doctor evil himself. Gates is borderline evil and unethical but compitent and successful. Cheney/Bush is openly evil and incompitent. choose the lesser evil or choose cthulu.

      --
      "There are more things in heaven and earth, Horatio, than are dreamt of in your philosophy."
    9. Re:Not a Microsoft fan, but better than neo-cons by Poruchik · · Score: 1

      Hello? Dick Cheney and Halliburton?

      --
      $signature =~ s/$signature//;
    10. Re:Not a Microsoft fan, but better than neo-cons by cayenne8 · · Score: 1
      "Bill Gates would probably run the economy *much* better than George."

      I'm not a big fan of the current administration...but, it is hard to say bad things about the economy under Bush. He started office which the beginnings of a recession hitting him...and today, market is good, unemployment is down....I'm making good $$'s now, and is nice that I don't have to pay so much of it in taxes to the Feds (although I wish they could cut more and do comprehensive tax reform).

      There are so many other stones to throw at the current admin, but, the economy really isn't a good one to try to pick on.

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    11. Re:Not a Microsoft fan, but better than neo-cons by zenyu · · Score: 2, Insightful

      Gates is borderline evil and unethical but compitent and successful. Cheney/Bush is openly evil and incompitent. choose the lesser evil or choose cthulu.

      So who exactly are you endorsing? Hitler was evil and competent and I'm assuming he would be an undesirable candidate. Chaney/Bush only have a few tens of thousands of people in detention camps. So are you saying a competent Gates would nab millions and so be more evil, or are you saying the "borderline evil" means he would just put a video camera in every bedroom and bathroom and so be marginally better than Chaney/Bush?

      I choose cthulu in either case.

      BTW In the last 12 elections I've only once chosen a candidate that won, and I regretted that vote. It was very much a lesser of two uber-villains Senate election. I doubt cthulu has much of a chance. :)

    12. Re:Not a Microsoft fan, but better than neo-cons by MMC+Monster · · Score: 1

      He's also much harder to bribe.

      That's the nice thing about having a billionare as the mayor of New York City. He really doesn't care about the nickel and dimeing that the career politicians do. He looks at the big picture.

      --
      Help! I'm a slashdot refugee.
    13. Re:Not a Microsoft fan, but better than neo-cons by king-manic · · Score: 1

      I can't imagine gates doing anymore then make the US gov all use windows and make MS monopoly law proof. ohh wait they already are in the US because everyone who would convict him is his father golfing buddies. That'd rank about 1000 less then either cthulu or bush cheney anyways. Cthulu would just start consuming people in washington which is problably a benevolent act for humanity while buch-cheney are bent on lining their friends pockets and removign all your civil liberties and pandering to a segment of the populace who would insist on everyone living according to their belief system. In the grand scheme I suppose cthulu is the best vote.

      --
      "There are more things in heaven and earth, Horatio, than are dreamt of in your philosophy."
    14. Re:Not a Microsoft fan, but better than neo-cons by smellsofbikes · · Score: 1

      >he is responsible for nearly every kind of almost-but-not-quite criminal corporate misconduct in the book and then inventing some.

      So, an improvement on our current crop of politicians, then: creative *and* reluctant to blatantly violate laws.

      --
      Nostalgia's not what it used to be.
    15. Re:Not a Microsoft fan, but better than neo-cons by Anonymous Coward · · Score: 0
      I'm making good $$'s now,

      which aren't worth very much in the rest of the world, outside of China which has tied its currency to the US rouble. Yeah I'm bitter cos our company bonuses are in dang US dollars. :-(

    16. Re:Not a Microsoft fan, but better than neo-cons by Anonymous Coward · · Score: 0

      Have you looked at your national debt lately? Sure, you're making "good money" right now, but after the United States defaults on its debt your pretty pieces of paper will be worthless.

      But hey, the good times will never end. Praaaaise Bush!

    17. Re:Not a Microsoft fan, but better than neo-cons by rbanffy · · Score: 1

      "So, an improvement on our current crop of politicians, then: creative *and* reluctant to blatantly violate laws."

      The only reason he is reluctant to violate laws is because he doesn't get to write the laws himself.

      Seriously - an evil genius is far worse situation than an evil incompetent.

      Being that much stupid also prevents Bush from doing even more damage than he is doing. Someone as evil yet smarter than most people who try to stop him now and in a position to put law enforcement between him and them is, positively, scary.

    18. Re:Not a Microsoft fan, but better than neo-cons by Anonymous Coward · · Score: 0

      Fuck that zionist fag! *Brick*

    19. Re:Not a Microsoft fan, but better than neo-cons by PhotoGuy · · Score: 1

      The country would be in much better shape if we had more business people in politics and less politicians who are, by and large, mostly lawyers and career politicians.

      While I agree with this in general, I think the blood-thirstiness and ruthlessness of Gates would scare the hell out of me as a president. (Not that Bush doesn't scare the hell out of me, too.) But I'd sooner a businessman than an oil cowboy, any day.

      You guys did have your chance with Perot; watching that election fiasco of yours from Canada, it was truly sad how the media seemed to be partisan to the other parties, totally dismissing Perot. When he was eliminated from the race (and the manner in which it occurred), that was the point in which I totally lost faith in the US people and their government. And boy, it only got a lot worse since then. Good luck with that.

      --
      Love many, trust a few, do harm to none.
  3. He was a criminal? by smaerd · · Score: 3, Funny

    "..but after three months of trying the group's leader..."
    What was he charged with?

    1. Re:He was a criminal? by Anonymous Coward · · Score: 0

      What was he charged with? Keeping schlubs in his underwear.
    2. Re:He was a criminal? by blueforce · · Score: 4, Funny

      ...violating, the rules, of grammar;

      --
      If you do what you always did, you get what you always got.
    3. Re:He was a criminal? by caluml · · Score: 1

      Is your sig from my site? :)

    4. Re:He was a criminal? by multipartmixed · · Score: 1

      William Shatner, is that you?

      --

      Do daemons dream of electric sleep()?
    5. Re:He was a criminal? by mkosmul · · Score: 1

      > ...violating, the rules, of grammar;
      one
      at
      a time

  4. Bill Gates ain't the worst guy in the world by Cracked+Pottery · · Score: 2, Interesting

    He opposes the inheritance tax, like his dad, and he gives his money to decent charities. He ain't a politician in more that the corporate sense. He isn't competent to rule a country, although M$ earns more money than most countries.

    1. Re:Bill Gates ain't the worst guy in the world by teh_chrizzle · · Score: 1

      He isn't competent to rule a country

      he may not be able to run a decent country, but his considerable holdings are proof that he has done a decent job of running the united states thus far :-)

      --
      sarcasm:
      -noun
      1. harsh or bitter derision or irony.
    2. Re:Bill Gates ain't the worst guy in the world by maxume · · Score: 1

      The US gdp is ~12 trillion dollars. That's $1,370,000,000 per hour. Gate's 50 billion represents capturing about 37 hours of that activity, over a period of 20 years. Impressive, but far enough away from 'running' to ruin your joke.

      --
      Nerd rage is the funniest rage.
    3. Re:Bill Gates ain't the worst guy in the world by Anonymous Coward · · Score: 1, Interesting

      I support the inheritance tax because I'm against having an aristocracy in this country (even if we do anyway). Just raise the limit so most people don't get caught by it.

    4. Re:Bill Gates ain't the worst guy in the world by jafiwam · · Score: 5, Informative

      Uhm... No.

      In fact, he defends the tax so much he wrote a book about it. The argument of the book is basically saying the law that is in place is too lenient and it should be repealed for something like the old one that didn't have loopholes. He wants the rich to pay more taxes when they die.

      From Wikipedia:

      Gates is co-author, with Chuck Collins, of the book Wealth and Our Commonwealth: Why America Should Tax Accumulated Fortunes, a defense of the estate tax.[2]

      The book on Amazon.com Wealth and Our Commonwealth: Why America Should Tax Accumulated Fortunes

      I haven't finished it yet because I use it to fall asleep... however your statement is not true in fact and spirit.

    5. Re:Bill Gates ain't the worst guy in the world by lawpoop · · Score: 3, Informative

      "He opposes the inheritance tax, like his dad..."

      I don't know about Bill Gates, but William H. Gates Sr., the father of Bill Gates, supports the inheritance tax.

      From Now with Bill Moyers: "There's a campaign to restore the inheritance tax. And it's being led, believe it or not, by some of the country's richest people including Bill Gates, Sr. ..."

      From Alternet.org: "Case Against Inheritance Tax Is Bogus", By Chuck Collins and Bill Gates, Sr., AlterNet. Posted September 15, 2005.

      The reason is obvious -- without the inheritance tax, the US would develop a wealthy aristocratic class. This is one of the main reasons the founding fathers broke away from Britain and developed a constitutional Republic.

      --
      Computers are useless. They can only give you answers.
      -- Pablo Picasso
    6. Re:Bill Gates ain't the worst guy in the world by maxume · · Score: 1

      Why not a you-pick-em tax where you personally could arbitrarily take away peoples holdings based upon your opinion of how they came by them?

      --
      Nerd rage is the funniest rage.
    7. Re:Bill Gates ain't the worst guy in the world by teh_chrizzle · · Score: 1

      nah, 50 bil is about right once you take out all the taxes.

      --
      sarcasm:
      -noun
      1. harsh or bitter derision or irony.
    8. Re:Bill Gates ain't the worst guy in the world by Blakey+Rat · · Score: 1

      I don't know anything about Bill Gates' dad, but Gates himself supports the inheritance tax. Which is kind of unusual for somebody mega-rich.

    9. Re:Bill Gates ain't the worst guy in the world by Anonymous Coward · · Score: 0

      He isn't competent to rule a country

      Every class is unfit to govern.
      -- Lord Acton

      There's a reason why some people don't believe in organized coercion (government), and it's not because we're raging lunatics. It's because we see the truth.

    10. Re:Bill Gates ain't the worst guy in the world by truthsearch · · Score: 1

      I haven't finished it yet because I use it to fall asleep...

      What a shining endorsement of the book! I'm gonna run out and get it.

    11. Re:Bill Gates ain't the worst guy in the world by NSIM · · Score: 1

      He isn't competent to rule a country.

      Since when did incompetence prevent people from running for President :-) Heck, anybody looking at the US for the last 8-years would think it was a job requirement!

    12. Re:Bill Gates ain't the worst guy in the world by Anonymous Coward · · Score: 0
      Oh dear, that would be funny if you didn't believe it.

      The founding fathers broke away from Britain not because they opposed the idea of an aristocratic class, but because they opposed the idea of someone else being richer than them.

    13. Re:Bill Gates ain't the worst guy in the world by Anonymous Coward · · Score: 0

      kill-9@hobbiton.org

    14. Re:Bill Gates ain't the worst guy in the world by maxume · · Score: 1

      If his children and grandchildren each had to pay 90% estate taxes, the grandchildren would still end up splitting hundreds of millions of dollars.

      --
      Nerd rage is the funniest rage.
    15. Re:Bill Gates ain't the worst guy in the world by kjshark · · Score: 1, Informative

      You've been watching too much fox "news". Dead people do not pay taxes. The "Death Tax" is a misnomer created by people against the estate tax. The inheritors pay tax when money changes hands to them from an estate.

      --
      The difference between truth and fiction is that fiction has to be plausible.
    16. Re:Bill Gates ain't the worst guy in the world by Anonymous Coward · · Score: 0

      Yes that's right, without an inheritance tax we would have families that pass their wealth down from generation to generation accumulating wealth and political power like the Rockefellers, Kennedys, and Duponts (among others). Oops, those are all American families of wealth, looks like that argument for an inheritance tax doesn't work so well. I think the above is why most of the mega rich support the inheritance tax, it acts as a barrier to entry to their class. Maybe we should rethink this idea.
      In my opinion if it wasn't for he inheritance tax the systems that preserve this family wealth (Trusts, etc) would not be in place. Then from generation to generation those that had the abilities would keep and grow the wealth and those that didn't would lose it.

    17. Re:Bill Gates ain't the worst guy in the world by zymano · · Score: 1

      People should pay taxes but inheritance taxes seem wrong.

      Why not just raise rates on the rich.

      Quit pilfering for every little cent with stupid taxes.

    18. Re:Bill Gates ain't the worst guy in the world by Mister+Liberty · · Score: 2

      Indeed he's not -- there's a guy in Lower Slobovia...

    19. Re:Bill Gates ain't the worst guy in the world by Qzukk · · Score: 1

      Personally, I think under the income tax system, inheritance should simply be considered "income" and taxed with your income taxes, and that's it.

      Of course, I also like the FairTax sales tax system more and more as I think about it, assuming that after we lay off the IRS and pare down government we can get the sales tax rate to something under %20. Bonus points if we can convince companies to mark their prices with tax included.

      --
      If I have been able to see further than others, it is because I bought a pair of binoculars.
    20. Re:Bill Gates ain't the worst guy in the world by Bassman59 · · Score: 1

      Of course, I also like the FairTax sales tax system more and more as I think about it, assuming that after we lay off the IRS and pare down government we can get the sales tax rate to something under %20.

      Some problems with this:

      • We could pay for any of the big social programs, and have $$$$ to spare, if we stopped pissing away money in that clusterfuck called Iraq. How many billions has that been? How many trillions will it cost when all is said and done?
      • Getting rid of the IRS and paring down the federal government won't reduce the tax burden significantly, as you also have state and local governments that provide the services everyone expects and in fact requires (roads, police force, fire departments, primary and secondary schools, etc). So one immediate result of reducing the federal income (or, if you must, sales) tax would be the increase in state and local taxes to make up the difference. Sure, there are a bunch of states without an incoming tax, but there's a fee or tax for every conceivable transaction.

      Bonus points if we can convince companies to mark their prices with tax included.

      That's not really fair for the consumer who is trying to compare prices across different tax jurisdictions.

      So, about that Internet sales tax ...

    21. Re:Bill Gates ain't the worst guy in the world by bogjobber · · Score: 1
      This is one of the main reasons the founding fathers broke away from Britain and developed a constitutional Republic.

      Say what? Most of the founding fathers were part of the wealthy aristocratic class.

    22. Re:Bill Gates ain't the worst guy in the world by lawpoop · · Score: 1

      "Say what? Most of the founding fathers were part of the wealthy aristocratic class."

      I was referring specifically to titled aristocracy. You know, a system of ruling Lords with specific titles.

      But, you do have a point -- if an aristocracy arose in the US, they would be 'unofficial' aristocrats, just like the founding fathers were.

      --
      Computers are useless. They can only give you answers.
      -- Pablo Picasso
    23. Re:Bill Gates ain't the worst guy in the world by Qzukk · · Score: 1

      as you also have state and local governments that provide the services everyone expects and in fact requires

      I already pay them on top of what I pay the federal government. If they have to increase their taxes in order to build bridges to nowhere, then maybe representatives will start to think twice about expensive projects if they can't justify the expense to the public. If the public wants to be irrational about it, eventually they'll be left to stew in their own rot while rational people establish communities where they are willing to fund the upkeep required. If they're really rational, they'll establish communities where that upkeep isn't expensive.

      --
      If I have been able to see further than others, it is because I bought a pair of binoculars.
    24. Re:Bill Gates ain't the worst guy in the world by Joe+the+Lesser · · Score: 1

      Woman: Oh, there you go bringing class into it again.
      Dennis: Well, that's what it's all about!

      --
      "I only speak the truth"
      Karma: null(Mostly affected by an unassigned variable)
    25. Re:Bill Gates ain't the worst guy in the world by MrNonchalant · · Score: 1

      That would be Bill's father: William H. Gates II. Bill is William H. Gates III.

  5. No way he'd win... by Necreia · · Score: 3, Funny

    No way he'd win, it would cost too much to bribe him.

    1. Re:No way he'd win... by taupin · · Score: 0

      On the other hand, he could do some pretty serious bribery to get more votes...

  6. OF COURSE he does! by brunes69 · · Score: 2, Interesting

    He is a massively multi-billionaire. What billionaire would not oppose the inheritance tax?

    Some form of inheritance tax is required because not having just encourages hoarding of capital, which is bad for the national economy in the long term.

    1. Re:OF COURSE he does! by icebrain · · Score: 1

      Well, if we had a national sales tax, or some form of consumption tax... the money would get spent eventually. It doesn't do you any good to have the money if it doesn't get spent eventually.

      --
      The meek may inherit the earth, but the strong shall take the stars.
    2. Re:OF COURSE he does! by plantman-the-womb-st · · Score: 1

      Billy didn't get rich by writing checks.

      --
      Say bad words about my book, in cold oatmeal, or I shall sue!
    3. Re:OF COURSE he does! by Otter · · Score: 4, Informative
      He is a massively multi-billionaire. What billionaire would not oppose the inheritance tax?

      Gates and his father oppose the repeal of the tax, not the tax. (Presumably the OP meant to say that).

    4. Re:OF COURSE he does! by siliconwafer · · Score: 1

      Bill may oppose the inheritance tax but he is a proponent of the estate tax, one that surely costs him dearly. The estate tax is paid by only the wealthiest 2% of Americans.

    5. Re:OF COURSE he does! by Anonymous Coward · · Score: 0

      "Some form of inheritance tax is required because not having just encourages hoarding of capital, which is bad for the national economy in the long term."

      What are you talking about? Do you even understand basic economics?

      What do people do with this hoarded money you speak up? Do they place it in the bank? (FDIC only guarantees your deposit up to (what is it now?) $100,000.) No, they invest it. Even if they do put it in the bank, the bank invests it. These investments are the fuel of growth. They generate jobs and promote a stronger economic engine.

    6. Re:OF COURSE he does! by operagost · · Score: 1

      Some form of inheritance tax is required because not having just encourages hoarding of capital, which is bad for the national economy in the long term.
      By that logic, we should not have sales or luxury taxes as they discourage spending.
      --

      Gamingmuseum.com: Give your 3D accelerator a rest.
    7. Re:OF COURSE he does! by Professor_UNIX · · Score: 1

      Some form of inheritance tax is required because not having just encourages hoarding of capital, which is bad for the national economy in the long term.

      They should just say if you inherit more than $1 million you have to give 95% of it to charity, less than $1 million and you don't have to pay anything. We need to break up some of this "stuck" capital that has been accruing in the American aristocracy over the past 230 years. The fact that Bill Gates has billions of dollars is absolutely criminal. Nobody in the world needs more than $1 million.
    8. Re:OF COURSE he does! by chromatic · · Score: 1

      Some form of inheritance tax is required because not having just encourages hoarding of capital, which is bad for the national economy in the long term.

      If only there were some economic incentive to move money out of giant Scrooge McDuck-style vaults of gold coins. Perhaps paying interest or dividends would encourage capital-holders to ... we'll call it invest... their money?

    9. Re:OF COURSE he does! by Lurker · · Score: 1

      Nobody in the world needs more than $1 million.


      I believe the number you're looking for is $640 million.

  7. Wouldn't work because of three words... by zappepcs · · Score: 1

    Conflict of Interest....

    There is no way he could be seen as anything other than conflicted over what software government branches use. It just wouldn't work.

    1. Re:Wouldn't work because of three words... by Hoi+Polloi · · Score: 1

      We elect lawyers and don't complain about the conflict of interest when the feds deal with legal matters.

      Anyway, I think there are many much bigger issues facing a president than what software the government uses.

      --
      It is by the juice of the coffee bean that thoughts acquire speed, the teeth acquire stains. The stains become a warning
    2. Re:Wouldn't work because of three words... by king-manic · · Score: 1

      They elected a former oil exec and his CEO. Who then proceeded to fill the coffers of the company they once ran and started a war that looked like it was base don oil. You can't tell me they will not eventually get some benifit from this. I can imagine numerous and expensive speakign engagements in Bush and Cheneys future paid for by haliburton.

      The current admin has as much conflict of interest as gates would. I don't hear washington screaming for impeechment yet.

      --
      "There are more things in heaven and earth, Horatio, than are dreamt of in your philosophy."
    3. Re:Wouldn't work because of three words... by DeadChobi · · Score: 1

      Because Dick Cheney doesn't have a massive conflict of interest over what nation building company we use in Iraq? I'll give you a hint. THe name starts with an "H" and ends with "alliburton."

      --
      SRSLY.
    4. Re:Wouldn't work because of three words... by misleb · · Score: 1

      And besides, everyone knows that Oracle is better than SQL Server for keeping data on citizens, all of whom could potentially be terrorists.

      --
      "THERE IS NO JUSTICE, THERE IS ONLY ME." -Death
    5. Re:Wouldn't work because of three words... by Mattwolf7 · · Score: 1

      Yeah since the Presidents main duty is selecting what operating system and office platform to run...

    6. Re:Wouldn't work because of three words... by whitehatlurker · · Score: 1
      the Presidents main duty is selecting what operating system and office platform to run

      Wow, the current guy really isn't doing his job, is he? With this being the case, it is really too bad that the Yanks require a native born "son" as President. Otherwise there could be a Linus Torvalds for Pres in, um, 2020 campaign.

      --
      .. paranoid crackpot leftover from the days of Amiga.
  8. Secret list of committee to elect Gates by zymano · · Score: 2, Funny

    -Microsoft shareholders.

    -Antivirus companies

    -Computer techs/Best Buy and pimped warranties.

    -Indian outsourcers.

    -Foreign charities.

    1. Re:Secret list of committee to elect Gates by Gerzel · · Score: 1

      Hey this can't be the secret list, as all of these are public knowledge.

    2. Re:Secret list of committee to elect Gates by megaditto · · Score: 1

      Considering that Bill supports higher business tax, higher Paris Hilton tax, better schools, more scholarships or free education, universal healthcare, increasing government funding of research by orders of magnitude, and the open borders, we can compile a list of those against Bill Gates for Pres:

      -Big oil
      -Prison industry
      -Health insurance companies
      -Military-industrial complex
      -Agriculture/food processing/sweatshop

      --
      Obama likes poor people so much, he wants to make more of them.
  9. False Reason by Anonymous Coward · · Score: 0

    The website quotes reason why Bill is a good candidate:

    1. Bill is rich Let's get this one out of the way. Yes, we believe being absurdly rich is a good thing for any presidential candidate. Why? This candidate could make a great statement by paying for his or her campaign from his or her own pocket. We honestly believe this to be extremely important. Large corporations don't sponsor candidates expecting nothing in return. Even when elected, Bill won't need to scoop up tax-payer's money: he has more than enough.

    This is not entirely correct. Bill will be sponsored by himself, and he will expect something in return: anything that makes MS more profitable. He is the big corporation backing up his own campaign. I always found this argument of the guy seeking power being rich as a bogus reason. It is obviously a myth encouraged by rich people to explain why we shouldn't vote from a some upstart that doesn't have money. But once in Power, like the Roman Consuls, they will try to recup their expenses.

    If you really want to limit influence of corporate dontations, you need to have a system where a fixed sum (from taxes) is set aside for all candidates. They all get an equal share of the cake. They don't owe anybody but the voters their victory that way.

  10. Aww that would have been fun by Anonymous Coward · · Score: 0

    I could just picture Ballmer running the campaign.
    Something like "I'll fucking bury that guy" as he throws his chair before giving his campaign contributers contributers contributers speech.

  11. This was never about Gates anyway by ghoti · · Score: 3, Informative

    This was a pure publicity stunt for Adams. He just picked a well-known person and made a big fuss to get his name into the headlines again. Gates is the perfect person for watercooler talk, since everybody knows him and has something (good or bad) to say about Microsoft. There was no chance this would ever lead anywhere, and now that they see that they won't get more publicity out of it, they're doing one last stunt (We give up! Too bad! We tried so hard!) and let it die with a bang.

    --
    EagerEyes.org: Visualization and Visual Communication
    1. Re:This was never about Gates anyway by rblancarte · · Score: 1

      He had to do something, Dilbert really sucks these days.

      RonB

      --
      It is human nature to take shortcuts in thinking.
    2. Re:This was never about Gates anyway by Threni · · Score: 1

      Dilbert always sucked. I'm not sure that associating yourself with Bush is the best way to go about..well, anything, really.

    3. Re:This was never about Gates anyway by Threni · · Score: 1

      (I have no idea why I typed `Bush` when I meant `Bill Gates`. I guess they're both far more famous in their respective fields than more talented individuals, but that's about it.)

  12. Different from Neo-Cons? How? by Livius · · Score: 1

    Crushing competition by any means? Stifling new technologies to support a harmful product? Collecting taxes illegally? Transferring wealth from consumers and productive businesses to a wealthy few who contribute nothing worthwhile to civilization? Embrace, extend, extinguish?

    Gates is the neo-con artist par excellence.

  13. The last time we doubled the H1B quota ... by Anonymous Coward · · Score: 0

    Weekly unemployment claims doubled in two years.

    Way to go Clinton/Bush !!!

  14. I dont think hell get elected. by jellomizer · · Score: 1

    He Just doesn't have the right charisma to do it. In in the end Chrisma is what makes you predident or not.

    --
    If something is so important that you feel the need to post it on the internet... It probably isn't that important.
    1. Re:I dont think hell get elected. by Timesprout · · Score: 1

      In in the end Chrisma is what makes you predident or not.
      No, in the US it seems whoever spends most money on the campaign usually wins. Why do you think GWB spent so much time on the fundraising circut rather than actually doing his job during his first term.
      --
      Do not try to read the dupe, thats impossible. Instead, only try to realize the truth
      What truth?
      There is no dupe
    2. Re:I dont think hell get elected. by cosmocain · · Score: 1

      ...err, _that's_ why george w. got ele...

      err, wait...

    3. Re:I dont think hell get elected. by Genrou · · Score: 1

      According to this, his charisma is pretty high.

    4. Re:I dont think hell get elected. by Anonymous Coward · · Score: 0

      In in the end Chrisma is what makes you predident or not.

      Also, in the end, proper spelling is what makes you look intelligent or not.

    5. Re:I dont think hell get elected. by devnulljapan · · Score: 1

      In in the end Charisma is what makes you president or not
      I think you misspelled 'Karl Rove'

    6. Re:I dont think hell get elected. by Viceroy+Potatohead · · Score: 1

      He Just doesn't have the right charisma to do it. In in the end Chrisma is what makes you predident or not.
      jesus.... If that's true, someone wake me up. I've been sleeping since Reagan... Really, since Eisenhower, I'd only call JFK and Reagan charismatic, the rest of them seem to have the personalities of some strange Dr. Seuss contraptions.
  15. You don't have to be a billionaire by everphilski · · Score: 1

    ...to oppose the inheritance/estate tax. Anyone who has a halfway decent job and saved money rather than spent money will most likely have to file. Remember, it isn't just cash holdings that go towards your estate, but property as well.

    (There are a lot of financial advisors that will help to help you manage your estate so that you are below the legal limit before Uncle Sam comes in, by donating money to worthy causes you supported in life, etc.)

    1. Re:You don't have to be a billionaire by corbettw · · Score: 1

      And don't forget that life insurance, while not taxable itself, also contributes to the size of your estate, and therefore indirectly influences how much your heirs have to fork over to Uncle Sugar upon your (un)timely demise.

      The best way to avoid the estate tax is to place a chunk of your belongings in a trust and leave the trust to your heirs. That's how the truly rich do it, and it's why people like John Kerry are so in favor of a death tax (he knows his heirs won't be affected by one). See an estate attorney or financial advisor for more details.

      --
      God invented whiskey so the Irish would not rule the world.
  16. What, no Microsoft web server? by ttg512 · · Score: 5, Funny

    This seems to be the problem...
    Server: Apache Webserver
    X-Pingback: http://www.billgatesforpresident.net/xmlrpc.php
    X-Powered-By: PHP/4.4.4
    Why would Bill support anything with this kind of response header?

  17. better by mastershake_phd · · Score: 1

    better him as president than ceo of Microsoft. America used to have a economic monopoly. We were a manufacturing powerhouse, now what do we do? Things are going to get ba around here if something isnt done. Bill Gates could help, maybe.

  18. Yes! That's a horrible idea! by encoderer · · Score: 5, Insightful

    Seriously, a consumption task is a pretty horrible idea.

    This was brought up a couple days ago, so I'll copy and paste from my previous post on this subject:

    Forgoing the income tax for a sales tax is a pretty bad idea.

    First, the income tax is progressive. This would be impossible to achieve with sales tax. The only people that would benefit from a "flat" tax (sales or income) are those at the highest tax brackets. In order to replace the income lost from dropping taxes on the top 5%, taxes would have to be raised on the bottom 50%.

    Second, a sales tax puts a disproportionate burden on the lowest income families. Those with low incomes--even up to $50k/yr for a single man--spend a very large proportion of their income. The lower your income, the higher percentage of it is spent. People making minimum wage are spending 100% of their pay checks.

    Those making $1MM a year, on the other hand, may spend only a small fraction of their income.

    And you can say that you would simply not charge sales tax on the things that poor people are spending their money on -- food, shelter and utilities -- but doing so would drastically reduce tax receipts. It would be impossible to exempt those things and the suggestion that it is possible is just used by proponents to try to sell their plan.

    Furthermore, this is about Google. Corporations pay a pitifully small percentage of taxes in America. The percentage of taxes paid by corporations has dropped dramatically since the 1950's. Your notion that double taxation is a serious problem is just plain wrong. The tax code currently incentivizes businesses to invest in capital expenditures, R&D, etc.

    In summary, the only people that want a sales tax are those that don't understand it's implications and those that could pay less taxes by shifting the tax burden more on the lower & middle classes.

    The notion that there is tax injustice because the top minority of Americans pays the majority of taxes is absurd. The people at the top of the food chain reap the highest rewards of our society. Without our national infrastructure, they wouldn't be able to make and horde millions or billions of dollars. They SHOULD pay a tax burden that more closely resembles their share of the US pie, not necessarily their share of the US Population.

    1. Re:Yes! That's a horrible idea! by Mprx · · Score: 1

      Combining a national dividend with a flat sales tax has the same effect as a progressive tax but is much easier to implement, and therefore has much less overhead.

    2. Re:Yes! That's a horrible idea! by king-manic · · Score: 1

      Also the top % of america doesn't often pay much tax. There are enough loopholes that the seriously rich make a pitiful overall contribution. The majority fo the tax burden is carried by the middle and upper middle class. The upper and lower class either pay little or are such a minority that they do nto contribute significantly.

      --
      "There are more things in heaven and earth, Horatio, than are dreamt of in your philosophy."
    3. Re:Yes! That's a horrible idea! by z4ce · · Score: 1

      And you think that the Income tax is effective at taxing wealth on billionaires? Really? Most billionares can completely avoid paying taxes under the current system. It's not even very hard.. most of their wealth is in stocks typically.. sell the stock.. give same amount of stock to some charity.. total tax burden=0. Even without avoiding income tax, they would pay the %25 capital gains rate.

      A consumption tax is MUCH more repsentative of wealth. If they just horde (i.e. invest their wealth back into the economy), why should it be taxed anyway? And consumption taxes can be easily make progressive through a rebate system (e.g. FairTax).

      Corporate income taxes borderline on absurd. Corporate income tax is just a tax on all of the people who buy products thru embedded costs. Equity and debt markets would just be much more effective without them.

    4. Re:Yes! That's a horrible idea! by maxume · · Score: 1

      A rebate/prebate/dividend can certainly make a sales tax mirror a progressive income tax, but I'm not sure it is really ipso facto 'simpler'. The current income tax system is obscene, but it really doesn't need to be.

      Also, there is a huge incentive to avoid consumption taxes on luxury goods(like yachts).

      --
      Nerd rage is the funniest rage.
    5. Re:Yes! That's a horrible idea! by Viper+Daimao · · Score: 4, Informative

      You really should read more about the actual proposals for fair (and flat) taxes. Most of your arguments are addressed there. Such as the national dividend that your child (and my brother/sister) poster mentioned. Your other arguments seem to be attacking supporters which is generally bad form. As always, wikipedia is a good place to start.

      --
      "In the game of life, someone always has to lose. To me, if life were fair, that someone would always be Oklahoma." -DKR
    6. Re:Yes! That's a horrible idea! by king-manic · · Score: 1

      A sales tax is regressive, since the less you make the higher % of it you must spend to live. Rebates and what not will complicate things and will not change one wit the group that pays the majority fo the Tax now. The middle class. A consumption tax does nothing because the rich don't often spend like idiots like th elowe rmiddle class does. A major market for things like sean jean, SUVs, "luxury goods" is the lower class trying to buy economic respect. Undoubtly their principal cash cow is the upper middle class but a sales tax does almost nothing except making escaping taxation easier for the rich, harder for the poor and the same for the middle class.

      --
      "There are more things in heaven and earth, Horatio, than are dreamt of in your philosophy."
    7. Re:Yes! That's a horrible idea! by hawg2k · · Score: 3, Insightful

      I believe there are a few states that generate there spending capital via sales tax, and not income tax.

      It seems to work for those states, so at the very least it's worth consideration, no?

    8. Re:Yes! That's a horrible idea! by Watson+Ladd · · Score: 1

      So why doesn't buying stuff pump money into the economy? And Europe has high corporate taxes but the Euro seems to be outperforming the dollar every day.

      --
      Inventions have long since reached their limit, and I see no hope for further development.-- Frontinus, 1st cent. AD
    9. Re:Yes! That's a horrible idea! by radtea · · Score: 1

      In summary, the only people that want a sales tax are those that don't understand it's implications and those that could pay less taxes by shifting the tax burden more on the lower & middle classes.

      Yeah, this is why the Canadian economy is such a basket case. We've had a (visible) national sales tax on good and services for nearly twenty years. All the arguments you've trotted out were used to show that it would end the world up here. The world seems to be spinning along just fine, thanks, especially as the capturing of tax revenues from the service sector has contributed to our regular government surplus over the past decade.

      Are you really going to argue that in the United States your economy is so feeble that you can't managed to pay for the government you've got, even without socialized medicine, an effective national police force, and all the other goodies we have up here? Because that is what you argument against a consumption tax comes down to: the claim that the American economy is so much weaker than the Canadian economy that while ours can sustain a consumption tax just fine, and run a revenue surplus on that basis, yours can't.

      --
      Blasphemy is a human right. Blasphemophobia kills.
    10. Re:Yes! That's a horrible idea! by Staale+Nordlie · · Score: 1

      What's so complicated about a rebate? I've heard they have these newfangled inventions these days that can transfer money to an account with very little human effort...

      And what is you think the rich do with their money? If they salt it away and never use it the money might as well have been taxed 100%. (The government can print more money.) Of course, the rich don't do that. They invest their money. This is good. It causes growth and makes it cheaper to borrow money. And then what? Sooner or later the (hopefully increased) fortune is spent. And then it's taxed. I'm not seeing the downside.

    11. Re:Yes! That's a horrible idea! by evanbd · · Score: 1

      First, the income tax is progressive. This would be impossible to achieve with sales tax.

      Not so. The Fairtax proposal (I'm not really a fan overall, but they have some interesting points) and plenty of others like it have a very simple solution to this. A sales tax with a per-person monthly rebate of a fixed amount, usually set as roughly the amount of sales tax a person at the poverty line would pay. So a person at the poverty line pays their sales tax at the same rate as everyone else, but gets all of it back in a monthly check, so they effectively pay 0% tax. A person spending at twice the poverty level gets half of their tax back, so is taxed at 50% of the nominal rate. A person spending at 10x the poverty line pays 90% of the nominal rate, and so on.

      This is progressive tax because the percentage of income spent on tax (net, obviously) rises as income rises.

      (Like I said, I'm not really advocating such proposals as I think there are other problems, but sales taxes can certainly be made progressive.)

    12. Re:Yes! That's a horrible idea! by king-manic · · Score: 1

      Right now the principal reason we need accountants is because there are so many exceptions to the income tax system. Namely to address all the things that would also be wrong with a consumption tax (in addition to the ones that already exist). If you made it easy and simply had no tax on essential items then it changes nothing. The rich already hardly pay tax, the poor as well. The middle class foots the bill to run thigns and is often has their interests trumped by big business from the top end and liberal lobby groups ont he bottom. There is 0 benifit for a shift. A rich person spends much less of their income and any tax on their investment is alreayd in place by income tax on the employees of their investment. So it's hcangign for the sake of change and nothign more. It will likely victimize the poor and middle class more since a much larger % of their income is spent and cannto be avoided whiel the rich just may nto get that thrid SUV or LV set when they are int he US. At bets it's exactly the same at worst it becomes aregresive tax to make social mobility harder by makign everything more expensive.

      --
      "There are more things in heaven and earth, Horatio, than are dreamt of in your philosophy."
    13. Re:Yes! That's a horrible idea! by Bassman59 · · Score: 1

      What's so complicated about a rebate? I've heard they have these newfangled inventions these days that can transfer money to an account with very little human effort... For starters, you give the government money, and some point in time later (a year later?), you get it back. And you get it back AFTER filling out paperwork, which can often be confusing (hey, it's tax time now ...). Do they have to keep receipts? Or does the gov't keep receipts? And many bottom-income people don't have checking or savings accounts, and there's no way to transfer money to a non-existent account.
      And the low-income people need the money NOW to pay bills (like rent and food) and literally can't afford to wait a year to get the money back.
      The whole rebate plan is a non-starter.
      -a
    14. Re:Yes! That's a horrible idea! by tompaulco · · Score: 2, Insightful

      Also the top % of america doesn't often pay much tax. There are enough loopholes...

      Loopholes certainly exist. But the vast majority of the deductions taken by wealthy people are not loopholes at all but are purposely written tax code to encourage wealthy people to invest their money in ways that the IRS is confident will lead to them incurring more revenue in the future than if they had just taxed the initial monies.

      --
      If you are not allowed to question your government then the government has answered your question.
    15. Re:Yes! That's a horrible idea! by Viper+Daimao · · Score: 1

      For starters, you give the government money, and some point in time later (a year later?), you get it back. And you get it back AFTER filling out paperwork, which can often be confusing (hey, it's tax time now ...) You have a point. On a completely unrelated note, boy I can't wait till I my tax refund.
      --
      "In the game of life, someone always has to lose. To me, if life were fair, that someone would always be Oklahoma." -DKR
    16. Re:Yes! That's a horrible idea! by operagost · · Score: 1

      And you can say that you would simply not charge sales tax on the things that poor people are spending their money on -- food, shelter and utilities -- but doing so would drastically reduce tax receipts.
      As does using a graduated tax with high percentage brackets on high earners. When the top brackets were reduced in the 1980s, receipts rose. Besides, the poor already get their utilities, food, and clothing subsidized.
      I still don't see a compelling argument for punishing those who are successful earners.
      --

      Gamingmuseum.com: Give your 3D accelerator a rest.
    17. Re:Yes! That's a horrible idea! by Anonymous Coward · · Score: 0

      There's one logical gulf I don't understand about the 20% Sales Tax (or however much of a % is the buzzword nowadays).

      The advocates of it say they don't want people that inherit millions (and we are talking millions here) to be taxed twice.

      So to replace it, they want a sales tax where workers get taxed twice. Once on their wages, and again on a Sales Tax.

      Seriously, am I the only person in America smarter than a 5th Grader to have noticed this? Please tell me this isn't an epiphany for everyone else... have the megarich really pulled the wool over the whole country's eyes for this long with this one? And the richest man in the world doesn't want it. It seems it's just greed, masquerading as spin, by people that wish they were as superhypermegarich as Gates.

    18. Re:Yes! That's a horrible idea! by karmatic · · Score: 1

      And the low-income people need the money NOW to pay bills (like rent and food) and literally can't afford to wait a year to get the money back.
      The whole rebate plan is a non-starter.

      That's why you make it a prebate, rather than a rebate. You know they either a) are going to spend under the poverty line, so they will not pay any taxes (in the end) anyway, or b), they are spending more than the poverty line (and now have a much harder time avoiding taxes), so you don't need to worry.

      As for being impossible to get money to low-income people, the current welfare system seems to get along just fine. Perhaps the solution is a WIC-style debit card. Shows up in the mail. If they don't have a physical address, it gets a little more difficult to send them the card, but they could always come and pick it up from the local welfare office.

      There are plenty of issues with a sales tax/prebate system (although far less than the current system) - getting money to people isn't one of them. It's just not that hard to do. Also, since this is a "tax prebate", rather than welfare, it can come with a lot less strings attached.
    19. Re:Yes! That's a horrible idea! by king-manic · · Score: 1

      The net effect is the "rich" do not pay much tax themselves. So irregaurdless of the intention it results in a light tax burden up top.

      --
      "There are more things in heaven and earth, Horatio, than are dreamt of in your philosophy."
    20. Re:Yes! That's a horrible idea! by operagost · · Score: 1

      "The Internal Revenue Service has released data on tax year 2003 that show the top 1 percent of taxpayers, ranked by adjusted gross income, paid 34.3 percent of all federal income taxes that year. The top 5 percent paid 54.4 percent of the whole, the top 10 percent paid 65.8 percent, and the top quarter of taxpayers paid 83.9 percent."

      http://www.heartland.org/Article.cfm?artId=18402
      --

      Gamingmuseum.com: Give your 3D accelerator a rest.
    21. Re:Yes! That's a horrible idea! by Viper+Daimao · · Score: 1

      The relative value of a Euro to a Dollar is not the best indication of an outperforming economy. Look at GDP growth or the unemployment ratio among others

      --
      "In the game of life, someone always has to lose. To me, if life were fair, that someone would always be Oklahoma." -DKR
    22. Re:Yes! That's a horrible idea! by RightSaidFred99 · · Score: 2, Insightful

      Quit quoting this populist shit. What you just said is simply untrue and is a lie. Most of the tax burden in this country is paid by the upper-middle class and above.

    23. Re:Yes! That's a horrible idea! by Bassman59 · · Score: 1

      There are plenty of issues with a sales tax/prebate system (although far less than the current system) - getting money to people isn't one of them. It's just not that hard to do. Also, since this is a "tax prebate", rather than welfare, it can come with a lot less strings attached.

      I can see it now ... the inevitable charges of fraud perpetrated by low-income people (or, as the usual right-wing nutjobs will say, "those who act poor to bilk the system"). And if there's a chance of fraud, then there's law enforcement, which costs money and requires agents.

      So you replace the IRS, a government agency charged with dealing with and enforcing the tax code, with some other government agency charged with dealing with and enforcing some other tax code.

      Funny, I don't see the benefit.

    24. Re:Yes! That's a horrible idea! by Staale+Nordlie · · Score: 1

      You can't "act poor to bilk the system", since everyone gets the same rebate. I'm sure someone will find a way to commit fraud, but I don't see how it will be easy or very profitable.

      And you understand that an agency charged with enforcing a simple, flat sales tax can be a lot smaller than the IRS? You really don't see a benefit to that? Not to mention the enormous savings nationwide in time, money and energy otherwise spent on paying (and trying not to pay) taxes? Or the advantages to the economy?

    25. Re:Yes! That's a horrible idea! by cayenne8 · · Score: 1
      Not to mention, that most middle and lower income people are taxed by income tax. The fed/state take their share before you ever lay your hands on your salary.

      The super wealthy, they don't 'earn' and income by working...they make money off their money.

      I'd say that more of the Flat tax sales tax WOULD get to them, since they do like to buy things...expensive things.

      I wish they'd do SOMETHING to fix the tax code...make it much easier, you make/spend 'x', you pay 'y'. There is no reason that it is so complex that if you are doing and making more than a HS student that you really HAVE to pay someone to do your taxes or buy a freakin' computer program.

      I also hate that taxation, deductions, are aimed at behavioral manipulations too....just take the money needed for infrastructure, but, quit trying to get me to do 'something' in order to save some tax dollars.

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    26. Re:Yes! That's a horrible idea! by cayenne8 · · Score: 1
      "On a completely unrelated note, boy I can't wait till I my tax refund."

      Really? You enjoyed giving the government an interest free loan of your money for a year?

      Why not play with your W4, so that you keep more of YOUR money during the year...invest it and MAKE money on it for yourself rather than throw it to the govt. for free...?

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    27. Re:Yes! That's a horrible idea! by Viper+Daimao · · Score: 1

      No not really, I was trying to make a point that the rebate process the parent poster suggested wouldn't work is the exact description of tax refunds.

      I'm actually only getting $7 back this year, so I feel pretty good about not giving the govt a free loan.

      --
      "In the game of life, someone always has to lose. To me, if life were fair, that someone would always be Oklahoma." -DKR
    28. Re:Yes! That's a horrible idea! by HUADPE · · Score: 1
      But the vast majority of the deductions taken by wealthy people are not loopholes at all but are purposely written tax code to encourage wealthy people to invest their money in ways that the IRS is confident will lead to them incurring more revenue in the future than if they had just taxed the initial monies.

      Or they are loopholes that are put in when those people attend $2000/plate fundraisers, and then call a few months later. Everyone wants to shift their tax burden to someone else. The wealthy can afford to.

      --
      This sig has not been evaluated by the FDA. It is not designed to diagnose, treat, prevent, or cure any disease.
    29. Re:Yes! That's a horrible idea! by drsquare · · Score: 1

      How do you know how much people are spending? If you cut you're spending then the government will effectively be paying you for nothing. If the poor aren't paying any tax then where is the deficit made up?

      This system is no better than income tax, but it's more complicated and more open to abuse and failure.

      The final downfall is that it means everyone is effectively reliant on government welfare to survive. But I suppose that's what they want...

    30. Re:Yes! That's a horrible idea! by Proofof.+Chaos · · Score: 1

      "thigns, ont he, benifit, hcangign, nothign, cannto, whiel, nto, int he, bets, aregresive, makign"

      Its nveer two ealry inthe dday too strat dirkning! Cheers!

      Seriously though, I agree. And if we didn't have such a complicated tax system, tens (maybe hundreds) of thousands of accountants would be free to pursue professions that actually contribute to society. I hear we have a shortage of math teachers.

    31. Re:Yes! That's a horrible idea! by Anonymous Coward · · Score: 0
      I live in a rather expensive suburban area. Houses range from 600k-2m. They aren't that nice, and there isn't any beach nearby, it's just become a rather popular area. As it stands, when my parents die I will probably have to pay several hundred thousand dollars to "inherit" the house (unless I luck out and they die on one of the random years that the cap is higher than the house's value). It's a place that's been in the family for generations, but I'm probably going to lose it due to bullshit inheritance taxes.

      So to sum it up, I agree. :)

    32. Re:Yes! That's a horrible idea! by Anonymous Coward · · Score: 0

      It seems like you might be retarded, so I'll be gentle.

      People who advocate FairTax (and similar proposals), contend that it should replace the income tax.

      There, does that make sense?

    33. Re:Yes! That's a horrible idea! by Alex+Belits · · Score: 1

      Solution: Make sure that housing is no longer overpriced, so it's worth $20-30K, that would be a fair price for construction of most modern houses, plus worthless land that they are built on. Of course, that will also mean that you won't be able to take hundreds of thousands in equity loans just because you own a dry wall shack in the middle of nowhere, what causes massive inflation for the rest of us.

      --
      Contrary to the popular belief, there indeed is no God.
    34. Re:Yes! That's a horrible idea! by Staale+Nordlie · · Score: 1

      How do you know how much people are spending? If you cut you're spending then the government will effectively be paying you for nothing. If the poor aren't paying any tax then where is the deficit made up? Yes, they know roughly how much people are spending. Consumption is a more stable source of revenue than income. http://fairtax.org/fairtax/faqanswers.htm#9

      If you cut your spending you'll most likely be saving up money and you'll be paying even more taxes when the time comes to spend your savings. In the mean time you'll be investing in the US economy and you'll be better able to handle financial emergencies. It's all good.

      This system is no better than income tax, but it's more complicated and more open to abuse and failure. More complicated?! A flat sales tax is "more complicated" than the current incomprehensible collection of income tax laws and regulations? You're going to have to explain this to me.

      The final downfall is that it means everyone is effectively reliant on government welfare to survive. But I suppose that's what they want... "Everyone" will die if the government doesn't return a few thousand dollars of tax money a year? You sure there won't be one or two diehard survivors? (Bill Gates could probably scrape by...)
    35. Re:Yes! That's a horrible idea! by Original+Replica · · Score: 1

      low-income people need the money NOW to pay bills

      Anyone living paycheck to paycheck long term, has problems that won't be fixed by the timeing of their tax return. Maybe they need more affordable housing, or some re-education on their spending patterns. But taxation has almost no effect on poverty in the US. Besides if your real concern over flat tax is the poor, just make it a clearly tiered tax system. 0% on the first 50k, 25% on the next 50k, 35% on the next... and so on 'til about %50 for everything over 250K per year. No exemptions or loopholes for anything. Not for kids, not for interest on loans, not for nothin. Maybe allow a limited percentage of your tax to be paid to a non profit instead of Uncle Sam.

      --
      We are all just people.
    36. Re:Yes! That's a horrible idea! by evanbd · · Score: 1

      You don't know how much people are spending. Just like now. Right now, people pay tax on income and the poor pay less of a percentage of their income. Under the Fairtax sales tax + rebate plan, the poor get taxed at the same rate as everyone else and get a rebate check of the same size as everyone else -- but since they're spending less, that check represents a larger fraction of their income, so their effective tax rate is lower.

      The question of where the deficit gets made up is a straw man argument. Progressiveness or regressiveness of a tax system is orthogonal to the overall rate and revenue generated. The defecit is made up by ensuring that enough *total* tax is paid. You can make a tax system more progressive without changing revenue generation by lowering taxes on the poor and raising them on the rich to balance it out, or more regressive by doing the reverse. The Fairtax proposal sets the tax rate and the rebate amount so as to keep revenue and progressiveness similar to the current system. (I believe -- I know they keep revenue the same, I don't remember details on relative progressiveness or how exactly it's measured; I'm not an economist.)

      The biggest argument in favor of the system is actually that it's *less* complicated than income tax and *less* prone to abuse and loopholes. It's assessed exactly as sales taxes are currently, and hiding spending is harder than hiding income. Sure there will be abuse, just like now, but it should be harder to hide it in a simpler system, so there should be less of it.

      There are plenty of arguments against Fairtax and similar proposal, but they aren't the ones you listed.

    37. Re:Yes! That's a horrible idea! by mfrank · · Score: 1

      In the FairTax proposal, rebates are monthly. And the only paperwork you need to fill out is a change of address form if you move (or if you have a kid).

      It's a friggin sales tax. Why would you need to keep receipts or records? The only people that would have to deal with the taxman would be the business owners.

      And you don't need a checking or savings account to cash a check from the government. People getting welfare manage somehow.

      Personally, *I* think the way to run the Treasury is to not have tax withholding. Make people send a check every month, just like rent or electric bill. Make people realize just how much of their money goes to the government.

    38. Re:Yes! That's a horrible idea! by rohan972 · · Score: 1

      sell the stock.. give same amount of stock to some charity.. total tax burden=0.

      If they give the same amount to a charity, it has the same financial effect (on the billionaire) as a 50% tax rate (except they can also use it as a public relations exercise as well, or in the case of Billy G., can donate software strategically to stregthen MS monopoly position)

      The government allows charity giving to be tax deductable according to rules that lessen the burden on the government, such as feeding and housing programs, education etc (exact details depending on your country etc). If a billionaire gives $X to education, it ought to save the government $X+administration costs.

      Of course, the system does get gamed (eg: MS software donations for education) but it is quite a good idea in priciple, I think.

      Whatever system you set up, the rich work the system, the poor work for the system. The key is to find a (legal) way to work the system, and there are ways to do it.

    39. Re:Yes! That's a horrible idea! by ricegf · · Score: 1
      > It would be impossible to exempt those things and the suggestion that it is possible is just used by proponents to try to sell their plan.

      Certainly! I mean, it would be like income tax proponents claiming that the bottom 50% of the population income-wise would pay essentially zero income tax. That would be impossible... oh, wait.

    40. Re:Yes! That's a horrible idea! by cayenne8 · · Score: 1
      Heheh...cool...I get ya!!

      Sorry I missed the original point, it was a good one. My bad....

      :-)

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    41. Re:Yes! That's a horrible idea! by spun · · Score: 1

      Yes, and how much of the country's resources do they own? What percentage of the revenue stream do they control? It is fair and just that the people who own most of the resources and control most of the revenue pay most of the taxes.

      Back in the 50s, the top tax bracket was around 90%. The middle class lived comfortably. The average person could afford to support a family without a second wage earner. The economy was strong. The changes made since then have only benefited a small percentage of the population, at the expense of the rest of us. I say we tax the rich more. What are they going to do about it? There certainly are more of us than there are of them.

      The world would be better off without such a great disparity in income and ownership. There is a reason that most religions originally defined lending money for profit as a sin. There's a reason Jesus got pissed off at the money lenders in the temple. Now, we've made our money lenders into priests, the free market is a religion, and cash is God. I think that's sick.

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
  19. Is Bill Gates Good for the USA? by Kamel+Jockey · · Score: 1

    Bill Gates is currently testifying before Congress and asking them to remove all limits on H1-B visas. Microsoft is also one of the leading offshorers of US jobs. The net effects of both of these measures is fewer good paying jobs for US citizens and a reduction in our standard of living. Do we want someone who seems to have no care for the very country that allowed him to become so rich to become our President?

    --
    In case of fire, do not use elevator. Use water!
    1. Re:Is Bill Gates Good for the USA? by King_TJ · · Score: 2, Insightful

      While it's true that Gates is lobbying for these changes, the statement that the net effect would be "a reduction in our standard of living" and "fewer good paying jobs for US citizens" is probably still debatable.

      In the short-term, I absolutely agree. But it's the long-term view where I'm less certain. Sometimes, a change for the better involves some short-term pain. Are we *really* offshoring jobs that better our collective "standard of living", or are we just dumping a slew of jobs that are ultimately "dead ends" for our citizens anyway?

      When it comes to such jobs as computer "help desk" positions, it doesn't really seem like they've done many of us any favors. Just because you could read off of scripts and speak the "company policy" to incoming callers doesn't mean you've really learned any new and useful skills that apply to an upward career move in the industry.

      The main reason to keep help-desk jobs here in the U.S. is so your *customers* feel better talking to someone who has no language barrier. A thick accent, making a call-center worker tough to understand, is the last thing you want to struggle with when you're already irate because your software just crashed and lost all your data, etc. It's up to businesses to decide if that's really "added value" enough to justify paying more to use local talent for it or not.

      Software development, like it or not, is a similar situation. If you're really working on something *original* or *creative*, you should still be able to get someone to back your project financially, or at least go freelance with it and reap the rewards after it's completed. The type of programming jobs they're offshoring tend to be related to code maintenance and development of in-house applications that won't ever amount to much in the "grand scheme" of things. (If the app is only used by ONE company, nobody else really cares much about how nice it is, right?)

    2. Re:Is Bill Gates Good for the USA? by monkeydo · · Score: 1

      Isn't Gates just toeing the Libertrian Party line? What happened to all the anarchists on /.? Bill Gates should be the hero of anarcho-libertarians and capitalists alike. What the hell business did the government have going and taking away his monopoly anyway?

      --
      Si vis pacem, para bellum
      The only thing more annoying than a Libertarian is an (un|mis)informed Libertarian
  20. Wow, deja vu by Deadstick · · Score: 1
    Interesting link on that page, about exploiting dead celebrities: Yet a new company by the name of KeepYouSafe.com has thrown caution to wind with its issuance of a press release headlined: "ANNA NICOLE SMITH WOULD BE SIX FEET UNDER IF SHE HAD KEEPYOUSAFE.COM."

    Back in the day, the National Lampoon got sued over a spoof VW ad showing a Beetle floating in water (which they will do, for a while). Caption: "If Teddy Kennedy had driven a VW, he'd be President today."

    rj

  21. Not the track record... by encoderer · · Score: 4, Insightful

    The man who single handedly built the middle class in this country in 100 days was one of the wealthiest presidents we've ever had.

    Suggesting that anyone independently wealthy that reached the white house would use it to feather his own nest is just a gross oversimplification.

    1. Re:Not the track record... by Anonymous Coward · · Score: 0

      Ah, the great American philanthropist and scholar, Richard Nixon.

    2. Re:Not the track record... by whitehatlurker · · Score: 1

      Okay, I give up - is this Jefferson or FDR? (I'm not an American, nor do I play one on Jeopardy.)

      --
      .. paranoid crackpot leftover from the days of Amiga.
    3. Re:Not the track record... by encoderer · · Score: 1

      FDR

    4. Re:Not the track record... by Alex+Belits · · Score: 1

      No, he would feather his friends' nests and concentrate on more important things -- in case of Bill Gates it's convincing himself that he is not intellectually inferior to people who developed better software, something that seems to be his elusive lifelong goal.

      --
      Contrary to the popular belief, there indeed is no God.
  22. POTUAC by Orange+Crush · · Score: 5, Funny

    You're giving up on Mr. Gates's presidential aspirations.

    Cancel or Allow?

    1. Re:POTUAC by Anonymous Coward · · Score: 0

      He couldn't perfect the CGA (Citizens Genuine Advantage) implants for all Americans... They would automatically phone Washington DC (not Redmond this time) and confirm that your identity was genuine and not pirated.....

  23. He didn't stand a chance. by BubbaFett · · Score: 3, Insightful

    Gates: I'm not somebody who goes to church on a regular basis. The specific elements of Christianity are not something I'm a huge believer in. There's a lot of merit in the moral aspects of religion. I think it can have a very very positive impact.

    1. Re:He didn't stand a chance. by edwardpickman · · Score: 1

      You're not trying to tell me he believes in evolution? I thought religious leaders discredited that whacky theory years ago?

  24. Scott Adams is a dolt by maynard · · Score: 2, Insightful

    Hey may author a funny comic strip, and more power to him. But his recent forays into defending Intelligent Design on his blog, as well as other poorly thought out posts, has left me wondering just who is he to throw around the epithet "dolt"? Dude should look in the mirror.

    Bill Gates would make a terrible President of the United States. Do we really need another Warren Harding or Calvin Coolidge?

    1. Re:Scott Adams is a dolt by maxume · · Score: 1

      He's more a troll than he is a dolt. He gets jollies out of fucking with people that he thinks are stupid. It's not a real impressive display overall.

      --
      Nerd rage is the funniest rage.
    2. Re:Scott Adams is a dolt by plantman-the-womb-st · · Score: 2, Interesting

      Do we really need another Warren Harding or Calvin Coolidge?
      Yes, specifically another Coolidge. From one of his biographys:

      The political genius of President Coolidge, Walter Lippmann pointed out in 1926, was his talent for effectively doing nothing: "This active inactivity suits the mood and certain of the needs of the country admirably. It suits all the business interests which want to be let alone.... And it suits all those who have become convinced that government in this country has become dangerously complicated and top-heavy...."
      At least, that's my opinion.
      --
      Say bad words about my book, in cold oatmeal, or I shall sue!
    3. Re:Scott Adams is a dolt by maynard · · Score: 2, Interesting

      And where did those 'no nothing' policies lead? What was the outcome?

    4. Re:Scott Adams is a dolt by blitz487 · · Score: 1

      "Bill Gates would make a terrible President of the United States. Do we really need another Warren Harding or Calvin Coolidge?"

      Under Coolidge, we had peace and prosperity. Sounds like the kind of President we really need.

    5. Re:Scott Adams is a dolt by maynard · · Score: 2, Informative

      And massive securities inflation which led to a crash and then over a decade of economic travesty. Isn't there a better 'middle path'?

    6. Re:Scott Adams is a dolt by TeknoHog · · Score: 1

      Don't forget Dilbert's BSA campaign.

      --
      Escher was the first MC and Giger invented the HR department.
  25. They're Right by Shadow+Wrought · · Score: 4, Funny

    Dogbert is a much better and, in the long run, safer choice. The sooner we elect him the less severe our penalties for waiting will be.

    --
    If brevity is the soul of wit, then how does one explain Twitter?
    1. Re:They're Right by mkosmul · · Score: 1

      Actually, this candidate seems even better. Those whose vote for him will get the bonus of suffering a little less before they are eaten.

  26. Re:Different from Neo-Cons? How? by amigabill · · Score: 1

    Embrace, extend, extinguish?

    That's what Dubya is doing in the Middle East, and we brought him back for a second term.

  27. Estate tax deduction too high in the USA by spun · · Score: 2, Informative

    You don't have to pay ANY estate tax unless you have over $2,000,000. That is far too high. Every other form of income is taxed without a two million dollar deduction. Why is the estate tax so limited? Think of how few people have over two million saved. Yet so many people who this tax will never effect want it eliminated entirely. I say reduce the deduction to $200,000 or less.

    --
    - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    1. Re:Estate tax deduction too high in the USA by maxume · · Score: 1

      Most estates are comprised of wealth that somebody has already paid income tax on. I don't really have a problem leveling the luck of the draw situation around birth, but it seems sort of nasty to call it income.

      A reasonable limit allows children to keep running small businesses instead of liquidating them to pay taxes.

      --
      Nerd rage is the funniest rage.
    2. Re:Estate tax deduction too high in the USA by Anonymous Coward · · Score: 0

      You don't have to pay ANY estate tax unless you have over $2,000,000. That is far too high. Every other form of income is taxed without a two million dollar deduction. Why is the estate tax so limited? Think of how few people have over two million saved. Yet so many people who this tax will never effect want it eliminated entirely. I say reduce the deduction to $200,000 or less.

      What fraction of family homes cost $200,000? So, family members (for instance, someone who has perhaps given up their job to look after an elderly parent) would have to pay tax just to stay living in the family home?

      The thing that strikes me as really unfair is that this might be the third time that tax has been paid on some of this money: once as income tax, a second time as tax on an investment and a third as estate tax. So there's yet another disincentive to be prudent and save for the future.

    3. Re:Estate tax deduction too high in the USA by rossz · · Score: 4, Insightful

      $2,000,000 is easily surpassed if you run a small family business. You die, and to pay the taxes your wife/kids have to sell the business you spent all your life building. The death tax isn't just on the cash on hand. It's on everything, property value, inventory, stocks, bonds, etc. It's an evil tax that hasn't been completely repealed because people like you are naive enough to believe only the very rich benefit from it.

      --
      -- Will program for bandwidth
    4. Re:Estate tax deduction too high in the USA by spun · · Score: 1

      Every dollar in circulation has been taxed umpteen times before. Every dollar of income you make was also income for your employer. It was taxed when your employer earned it, and taxed again when you earned it. Every time money changes hands, it is taxed. That is a very fair way of doing it.

      Lottery winnings are income. Gifts are income. Money falling from the sky is income. So is inheritance.

      Even a $200,000 deduction will allow anyone to keep running a small business unless it was on the verge of failing anyway.

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    5. Re:Estate tax deduction too high in the USA by spun · · Score: 0

      It is a socially responsible tax that helps level the playing field against accident of birth. The $2,000,000 deduction may be surpassed, but that isn't the point. You don't pay ANY taxes on the first $2,000,000. If you are stupid enough not to have saved up to pay for this tax when it is due, then your family does not deserve to run the damn business, sorry.

      Only the very rich would benefit from the repeal of the estate tax. Anyone who's net worth, including homes and small businesses is over $2,000,000 is very rich. The average net worth of all US households is about $100,000. That is twenty times lower than this deduction!

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    6. Re:Estate tax deduction too high in the USA by maxume · · Score: 1

      (I think business taxes are a stupid way to prevent people from hiding income)

      The paper with green ink on it is certainly taxed over and over again. To me, it makes sense to tax the value created by building a house once and call it good, rather than making a societal grab every time someone else starts using it(Property taxes are o.k., I'm talking about the 'income' from selling the house).

      --
      Nerd rage is the funniest rage.
    7. Re:Estate tax deduction too high in the USA by rossz · · Score: 1

      The very rich will ALWAYS find ways around paying these taxes. It's the middle class small business owner who gets screwed.

      As for leveling the playing field by stealing money. That's NOT the job of this government and is evil, plain and simple. Everybody should have equal opportunity, but to go all out to level the playing field is a system that was proven invalid by the collapse of communism.

      --
      -- Will program for bandwidth
    8. Re:Estate tax deduction too high in the USA by geoffspear · · Score: 1

      Leveling the playing field was proven invalid by the collapse of a system in Russia that made no attempt to do any such thing, just because the system was put in place by people calling themselves "Communist"? Right.

      If I form a government under what I call "The Mathematics Party" and it fails horribly, does that prove that math is fundamentally flawed?

      --
      Don't blame me; I'm never given mod points.
    9. Re:Estate tax deduction too high in the USA by swillden · · Score: 1

      Anyone who's net worth, including homes and small businesses is over $2,000,000 is very rich.

      Are you sure about that?

      You do realize that you're categorizing individual farmers as "very rich", right? Have you ever actually met and talked to such people? I have a bunch of them for neighbors, and I'll tell you that they're a lot poorer than me, regardless of what our net worths are. Estate taxes are big problems for farming families who want to pass the farm on to the next generation. There are some tax breaks (basically reduced valuation for "special use" land like farmland), but in many cases those aren't enough, especially when you add in the value of the farm equipment.

      Small business owners, however, are in the same boat but don't have the tax breaks. Lots of small businesses have assets worth millions, but generate annual incomes that are only a small fraction of that. Of course, they could choose to sell their assets and lease them back so they can continue operating the business with less capital assets, but that both exposes them financially (assets that you own don't get taken away when you have a rough patch) and eventually means that a larger part of their revenues go to financing ongoing operations. It's a short-term windfall, but unless that windfall is very effectively invested, it's a long term loss.

      --
      Note to ACs: I usually delete AC replies without reading them. If you want to talk to me, log in.
    10. Re:Estate tax deduction too high in the USA by Bassman59 · · Score: 2, Insightful

      To me, it makes sense to tax the value created by building a house once and call it good, rather than making a societal grab every time someone else starts using it(Property taxes are o.k., I'm talking about the 'income' from selling the house). OK, so what about the people who make a living buying and selling houses? Real estate is an investment, no different from buying stocks or anything else whose value appreciates. So if there's a capital gain on that investment, then it should be taxed as such.
    11. Re:Estate tax deduction too high in the USA by Anonymous Coward · · Score: 0

      You die, and to pay the taxes your wife/kids have to sell....

      It used to be that when a husband died, the government came and took half of everything from the wife. That seems a bit extreme because for most purposes a husband and wife are considered to own their assets jointly.

      On the other hand, children are not generally considered to be joint owners of their parents assets. If you really don't want your kids to pay inheritance tax then you can make them joint owners of your business when you first start the business.

      ...the business you spent all your life building.

      That's where it gets tricky. Chances are, it was your employees that actually did most of the work of building the business. Now, you can argue that your employees were compensated with a salary but chances are that you, the owner, also paid yourself some kind of salary. Using the "I built it" claim to justify giving a business to your kids is rather tenuous for any business that has outside employees.

      I will agree with you that $2 million is not a lot of money. If you're a good Republican then you should be saving enough money to pay for your own retirement. Let's assume that, by the time medical bills are figured in, you need $70,000 per year from the time you retire at age 65 until longest you can reasonably expect to live which would be about 95 years old. That's $70,000 per year for 30 years which works out to $2.1 million.

      Basically, if you don't have $2 million in the bank at age 65 you're one of those lazy liberals who plans to leech off the government for your retirement.

    12. Re:Estate tax deduction too high in the USA by spun · · Score: 1

      Taxation isn't stealing. It is a method of preventing free-riders from acquiring the benefits of living in an interdependent society without paying.

      How would you propose to give everyone an equal opportunity without leveling the playing field?

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    13. Re:Estate tax deduction too high in the USA by bogjobber · · Score: 1

      Remember, that's not $2,000,000 in cash. It's total assets. In your proposal, pretty much every person in the United States that is a home owner would be taxed at 50% of their assets whenever the head of the household died. If the government is forcing people to sell their houses in order to pay the "death tax", that would be a Very Bad Thing. I think we can all agree on that. Besides, most millionaires in the US are small business owners, and they've already paid a tax on the income earned (sometimes multiple times depending on the type of income).

      You don't just go throwing around additional taxes because you can, you actually have to provide some reason behind it. Your proposal would bring even more people into a ridiculous tax, and put additional strain on the middle class. Regardless of how you feel about the current estate tax, that is a very bad idea. A more reasonable proposal from *your* perspective would be to raise the percentage taken by the estate tax, or provide a sort of progressive "estate tax bracket" that would put more of a burden on the extremely wealthy. That way the burden is still put upon the billionaires and such without shifting it onto the middle class.

    14. Re:Estate tax deduction too high in the USA by maxume · · Score: 1

      Why should capital gains be taxed? I grant that there is a need for a tax system to support the government, and that it there are good things about a progressive tax, but neither of those things implies that capital gains should be taxed. If capital gains should be taxed, should there be inflation relief when calculating the gains? There isn't. And that disproportionately affects lower income people(because the capital gains tax they pay will generally be larger relative to their overall income).

      At a minimum, capital gains taxes don't help investment(investment is generally a good thing right?), so we should make sure there is a reason to charge them, other than 'should'.

      Basically, it isn't clear to me that taxing someone any and every time they end up with more than they started with is the best way to create a 'fair' system, which is presumably the goal.

      --
      Nerd rage is the funniest rage.
    15. Re:Estate tax deduction too high in the USA by spun · · Score: 1

      No, the average net worth in the USA is under $100,000, including the home.

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    16. Re:Estate tax deduction too high in the USA by operagost · · Score: 1

      I take it you don't own a house. If you do, you might as well burn it down when you die under your estate tax because won't be able to afford the taxes. No, the limit doesn't apply to just LIQUID ASSETS. There aren't many decent houses in middle-class neighborhoods for 200K.

      --

      Gamingmuseum.com: Give your 3D accelerator a rest.
    17. Re:Estate tax deduction too high in the USA by bogjobber · · Score: 1
      How would you propose to give everyone an equal opportunity without leveling the playing field?

      You don't. It's impossible. Poor people will never have the same opportunities as the wealthy. If two people are equally hard working and intelligent, the wealthy one is always going to finish "ahead." The real question isn't if they have an equal opportunity, but a fair opportunity. You shouldn't be trying to take away the wealth that people have worked hard to accumulate, you should look at trying to elevate those who are less fortunate. Unless the estate tax goes directly into an inner city school district or a scholarship fund for underprivileged kids, I highly doubt it's doing a goddamn thing to "level the playing field."

    18. Re:Estate tax deduction too high in the USA by bogjobber · · Score: 1

      And approximately 70% of Americans own homes, which throws off the average quite a bit. Either way, a HUGE amount of the population is worth over $200,000. Hell, 10% of the population are millionaires.

    19. Re:Estate tax deduction too high in the USA by spun · · Score: 0, Flamebait

      How would I not be able to afford the taxes based on the one change I mentioned? Based on a $200,000 deduction I proposed and an average priced $264,000 home, that is $64,000 in taxable income. At the current rate, the one time tax burden would be around $13,000. If that amount is going to bankrupt you, perhaps you or your recently departed ancestor should have planned better.

      Why should this type of income be treated differently than any other kind of income? How is a parent giving their kids assets different than an employer giving their employees assets? Why should there be a deduction AT ALL?

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    20. Re:Estate tax deduction too high in the USA by rossz · · Score: 1

      Yeah, let's give communism another try. After all, the death of 100,000,000+ as a result of that failed system can be easily ignored.

      --
      -- Will program for bandwidth
    21. Re:Estate tax deduction too high in the USA by spun · · Score: 1

      Agreed, there should be fair opportunity, not equal opportunity. I worded that wrong. I just think that taxing all income the same regardless of the source is fair. By your logic, corporations have worked hard to accumulate profits, why should the government take them away?

      That is the price we pay for the benefit of living in a highly interdependent society. If you don't like it, there are plenty of deserted islands you could where you could go, set up a shack, and pay no taxes at all.

      Again, why is income from family members somehow different than income from employers?

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    22. Re:Estate tax deduction too high in the USA by FallLine · · Score: 1

      It is a socially responsible tax that helps level the playing field against accident of birth.
      Life must be so much simpler when you can over-simplify everything like this. Let's completely ignore the fact that those parents probably had a lot to do with it: that they probably worked their asses off and likely exposed themselves to a great deal of risk in order for such an "accident" to happen in the first place (not mention that they probably chose to save and re-invest instead of spending). Let's also ignore the potential fact that the children may well have had something to do with the net worth (e.g., works for and/or manages family business).

      The $2,000,000 deduction may be surpassed, but that isn't the point. You don't pay ANY taxes on the first $2,000,000. If you are stupid enough not to have saved up to pay for this tax when it is due, then your family does not deserve to run the damn business, sorry.
      Sigh. You suffer from a real disconnect between the Bill Gates' of the world and the moderately successful middle-class family who may well live frugally (assets != income) and have a high net worth on paper (their business/assets). A family owned business valued at, say, 4M dollars will have an almost 1M dollar federal tax liability (plus potentially another 5-7% in state estate taxes). Actually paying this amount often results in the destruction of family businesses and other entreprenuerial type ventures (unless the owners happen to be very liquid). What's more, establishing the actual value of the assets is often far more messy than you might imagine and the timeline for repayment can force a fire sale which will destroy value further (An asset valued worth 4M may only be reap a fraction of its actual value if forced to be sold too quickly). Lastly, you need to consider the actual take home amount for each heirs. The estate may be valued at X-taxes, but after the proceeds recieved by each heir may well be a fraction of that amount (if, say, the estate has 5 children... you're probably talking about less than 1/5 of that amount)

      Only the very rich would benefit from the repeal of the estate tax. Anyone who's net worth, including homes and small businesses is over $2,000,000 is very rich. The average net worth of all US households is about $100,000. That is twenty times lower than this deduction!
      Besides the fact that the median net worth of people that are around 60+ years old is closer to 200K (or that the top 25% is around 650K or that the top 10% is 1.6M), who cares? You presume that all people work, save (or spend), and invest equally -- that all people are equally deserving. This is simply not the case. A lot of successful middle class people could easily estates valued in this ball park, but many don't because they retire early, spend more, and esp. don't start start businesses (most people with high net worths do). I'm sorry, but I fail to see how it is fair that someone that takes a no-risk job and works 40hrs week should be able to bequeath the full value of their 300K dollar home to their sole surving child, but that someone that chooses to save and start a family business should be forced to dissolve the company that they worked so hard to build and, not only that, but that when it is dissolved their many children may well only collect a fraction of that amount.
    23. Re:Estate tax deduction too high in the USA by spun · · Score: 1

      Nice straw man. This isn't communism we're talking about, stop trying to conflate the two. Also, communism has never been tried, so you can hardly blame that death toll on it. A brutal oligarchy is hardly government of the proletariat, now is it?

      To be fair, I take the side of the early anarchists such as Prudhon who said that communism would invariably lead to oligarchy. Any time you have violent struggle, the most brutal will rise to the top, hardly conducive to true government of the proletariat.

      But that is true of any adversarial system, especially capitalism. Care to hazard a guess as to how many CEOs suffer from narcissistic, antisocial, or borderline personality disorder? The studies I've seen seem to show that it's a FAR bigger percentage than you'd find in the population at large.

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    24. Re:Estate tax deduction too high in the USA by bogjobber · · Score: 1

      Because that money was already "earned". It was already taxed. You shouldn't be punished for passing your property on to someone else after death, particularly family. It's not new wealth being created using benefits paid for by the taxpayer, therefore there is little justification for it. One of the most important duties of government is to protect private property (the most important purpose depending on who you talk to, I'm guessing you don't believe that). Half of your property shouldn't go to the government just because you died. That doesn't really serve much of a purpose. It's just an arbitrary grab by the feds because they can.

    25. Re:Estate tax deduction too high in the USA by spun · · Score: 1

      You aren't being punished for transferring property. Anytime you transfer property, it is taxed, why should it be different after you die? The money you get for your job was already taxed when your employer earned it, why should it be taxed gain when that employer transfers it to you? Do you see how illogical this is? There is no arbitrary point you can stop at and say, "This money has been taxed, and it shall never be taxed again, forevermore!"

      "Half your property" is an overstatement. First, there is a two million dollar deduction now, which I say could be cut to $200,000. So the actual tax rate would have to be over 50% to equal half after the deduction is figured in. In reality, the gift tax scale is used on assets over the deductible.

      Personally, I see property as a positive right, not a negative right. It is the right to exclude others from using your property, it is not the right to be free from trespass or theft. It is not based on the laughable idea that you own yourself (you're your own slave? How amusing!) but on the pragmatic interests of individuals and society. Why should someone who was not a party to the contract between seller and purchaser respect the purchaser's right to exclude him from using what was purchased? Not, as I said, from some lame attempt to shoehorn the concept of ownership onto that which can not be owned, but because that third party may have property as well and would also like the privilege of excluding others.

      All this means that property is not an absolute right. It is conditional upon upholding the rules of society. If one of the rules of society is that you have to give some of what you hoarded back after you die, well, you can try to change the social contract or leave and start your own society. But as long as the vast majority of people in the world don't own property, you're going to have a hard time getting them to go along with your little scheme.

      As long as there is significant imbalance in the ownership of the means of production, beyond what the majority would consider a fair imbalance, then there will be conflict over property. And as long as there is a large percentage of people who do not own the means to support themselves, the owning class is in no position to claim the moral high ground and demand that the non-owners submit to wage-slavery.

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    26. Re:Estate tax deduction too high in the USA by drsquare · · Score: 1
      If one person gives something to someone else, that's income. If you can work all day for money and pay tax on it, why should you be able to receive money for nothing but not pay tax on it? That's completely backwards.

      A reasonable limit allows children to keep running small businesses instead of liquidating them to pay taxes.
      Why should they be able to receive a free business without paying tax on it?
    27. Re:Estate tax deduction too high in the USA by AddictedToBeef · · Score: 1

      You do realize that you're categorizing individual farmers as "very rich", right? Have you ever actually met and talked to such people? I have a bunch of them for neighbors, and I'll tell you that they're a lot poorer than me, regardless of what our net worths are. Estate taxes are big problems for farming families who want to pass the farm on to the next generation. There are some tax breaks (basically reduced valuation for "special use" land like farmland), but in many cases those aren't enough, especially when you add in the value of the farm equipment.

      You are aware that there has never been a documented case of a "family farm" lost to estate tax, aren't you? While it's true that they are more likely to pay estate taxes than individuals, it's still the ultra-rich that benefit the most from the repeal of the tax. I think it's telling that when the current bill repealing the estate tax was passed, it was after Congress rejected increasing the ceilings to $4 million, $8 million, and even $100 million dollars, all of which surely are above and beyond the value of a so-called "family farm".

    28. Re:Estate tax deduction too high in the USA by maxume · · Score: 1

      Why should they be taxed on it? I don't see why every transfer of value(rather than *creation* of value) needs to be taxed in a society to have an equitable distribution of the tax load. It doesn't become true just because we want it to become true, and there can be real consequences if the people who receive the business decide, in the face of taxes, to stop operating it for one reason or another(i.e. people lose jobs and whatnot).

      There are good reasons to tax people in a way that they notice(mostly so that they don't constantly want more gov. spending), and income is a reasonable way to do that, but there is some merit to allowing people to hold capital(it encourages business, which creates jobs that create value), so on some level anyway, it makes sense to tax the creation of value, and not worry too much about the transfer, because it gives you a reasonable way of only hitting the money once, which, to me anyway, is a reasonable definition of fair.

      --
      Nerd rage is the funniest rage.
    29. Re:Estate tax deduction too high in the USA by bogjobber · · Score: 1

      Property is not an absolute right in that not everyone is guaranteed property, however, you do have the right to be generally secure from the government seizing your property. If the government is taking private property in the form of taxation, it better be made damn clear why exactly they feel the need to take that particular piece of property. I'm pretty conservative about this as I'm sure you can tell, so I'm skeptical whenever the government takes something from a private citizen. Simply explaining it as general obligation to society does nothing to convince me. If the government wants to tax rich folks more, why not increase the upper tax brackets in a straightforward method? Wouldn't that be more effective than only taxing people when they die? I believe it is simply an attempt to make another grab at private wealth in an underhanded fashion. Besides, it increases the complexity of tax law, allowing for the extremely wealthy to minimize the amount they pay by manipulating the system

      Kinda lame, but I guess we just agree to disagree. I do get a distinct impression that you have an extremely hostile view towards property owners because of the language you use. Wealth is not a bad thing. Creating wealth is a positive benefit to society. It should not be punished. If it wasn't for individuals saving and investing capital, other people wouldn't have jobs. There would not be growth in industry. You should encourage people to amass large amounts of capital in your country, not discourage. The view of the government taking from the bourgeoisie as being a good thing needs to die.

    30. Re:Estate tax deduction too high in the USA by swillden · · Score: 1

      You are aware that there has never been a documented case of a "family farm" lost to estate tax, aren't you?

      Really? I've got some neighbors who will provide all the documentation you want.

      I'm not arguing against the estate tax, I'm arguing the claim that anyone with $2M in assets is "very, very rich".

      --
      Note to ACs: I usually delete AC replies without reading them. If you want to talk to me, log in.
    31. Re:Estate tax deduction too high in the USA by tom's+a-cold · · Score: 1

      Property is not an absolute right in that not everyone is guaranteed property, however, you do have the right to be generally secure from the government seizing your property.

      Nope. When you check out, you cash in your chips, with a decent provision for the widows and kiddies.

      If the government is taking private property in the form of taxation, it better be made damn clear why exactly they feel the need to take that particular piece of property.

      There are two values that must be balanced: people should be rewarded for their industriousness and innovation, so society should encourage competition. But that race will not go to the swiftest if some start closer to the finish line than others because they were given a massive head start that they did nothing to earn. Don't lecture me about the beauty of a set of differential equations when the boundary conditions are rigged.
      I have no problem at all with wealth. But inherited wealth is a deadweight on society.

      If the government wants to tax rich folks more, why not increase the upper tax brackets in a straightforward method? Wouldn't that be more effective than only taxing people when they die?

      Because income taxes are levied based on the rate at which you acquire wealth, while having little impact on those sitting on huge piles of unproductive assets. So those who have, keep having. Those who are getting, pay high marginal taxes. And those who don't have, well, they're already SOL. This leads to a society with a hereditary plutocracy and a huge underclass, with little class mobility. Been to Brazil? That's what the current system converges towards.

      Kinda lame, but I guess we just agree to disagree. I do get a distinct impression that you have an extremely hostile view towards property owners because of the language you use. Wealth is not a bad thing. Creating wealth is a positive benefit to society. It should not be punished. If it wasn't for individuals saving and investing capital, other people wouldn't have jobs. There would not be growth in industry. You should encourage people to amass large amounts of capital in your country, not discourage. The view of the government taking from the bourgeoisie as being a good thing needs to die.

      I grew up in near-poverty and my PNW is now somewhere north of $2M. I earned every penny of it. So, though I'm not rolling in it, I've got some skin in this game. I guess that puts me in the low-to-mid-bourgeoisie. Throughout my career I've been forced to deal with parasites, hangers-on, boss's sons-in-law and (as they say) those who were born on third base and act like they hit a triple. And I fully believe that those who earn good money should pay a higher marginal rate of tax than those who don't. And I pay more property tax than my neighbors whose houses are worth less than mine, and that's fine. And, having attended a private university with the children of the well-off, it didn't escape my notice that unearned money was a largely destructive, corrupting force in their lives. You make it sound like the nasty government is seizing our precious money and dumping it into a shredder. But that's not what happens. They spend it. I don't like where they spend a lot of it, but I'd rather see it go towards universal single-payer healthcare, or fixing potholes, than for it to go from dead granny the successful dentist to Chadwick the trustafarian to Chad's coke dealer to the Cali Cartel.

      Me, I'd limit intergenerational inheritance to, say, two sigmas above the median income. That's about what my kids will be getting from us. The rest is going to be given away to various charitable organizations whose aims you are likely not to approve of. And it's not that I don't love my kids. It's that the most disastrous things you can give your children are complacency and a sense of entitlement.

      Anyway, for the most part, the very wealthy respect no national boundaries and give l

      --
      Get your teeth into a small slice: the cake of liberty
    32. Re:Estate tax deduction too high in the USA by Bassman59 · · Score: 1

      Why should capital gains be taxed? I grant that there is a need for a tax system to support the government, and that it there are good things about a progressive tax, but neither of those things implies that capital gains should be taxed. If capital gains should be taxed, should there be inflation relief when calculating the gains? There isn't. And that disproportionately affects lower income people(because the capital gains tax they pay will generally be larger relative to their overall income).

      At a minimum, capital gains taxes don't help investment(investment is generally a good thing right?), so we should make sure there is a reason to charge them, other than 'should'.

      Basically, it isn't clear to me that taxing someone any and every time they end up with more than they started with is the best way to create a 'fair' system, which is presumably the goal.

      Go back to what I said: some people make their living by buying and selling real-estate investments. They don't collect a salary, so they don't pay payroll and income taxes like most people. So, you're saying that I should pay taxes because I'm "working for the man" and these investors shouldn't pay taxes?

    33. Re:Estate tax deduction too high in the USA by rohan972 · · Score: 1

      So, you're saying that I should pay taxes because I'm "working for the man" and these investors shouldn't pay taxes?

      Or perhaps the government is suggesting that you consider investing, by giving you a tax incentive to do so.

    34. Re:Estate tax deduction too high in the USA by Lurker · · Score: 1

      I'm not arguing against the estate tax, I'm arguing the claim that anyone with $2M in assets is "very, very rich".

      I don't think it matters if your wealth is in land, or a big pile of cash, if you've got over $2 million in assets, you're rich. Perhaps, though, we should prepend the word "net" to that. Anyone with over $2 million in net assets is very rich. How's that?

    35. Re:Estate tax deduction too high in the USA by swillden · · Score: 1

      I'm not arguing against the estate tax, I'm arguing the claim that anyone with $2M in assets is "very, very rich".

      I don't think it matters if your wealth is in land, or a big pile of cash, if you've got over $2 million in assets, you're rich. Perhaps, though, we should prepend the word "net" to that. Anyone with over $2 million in net assets is very rich. How's that?

      Nope. Farming families and small business owners, particularly multi-generation, established family businesses, can often have that much or more in net worth, yet be basically middle class, or even lower middle class. Read my previous posts in this thread for more detailed explanation.

      --
      Note to ACs: I usually delete AC replies without reading them. If you want to talk to me, log in.
    36. Re:Estate tax deduction too high in the USA by spun · · Score: 1

      Would have responded sooner, but work has been busy. I'm the "Have you DST patched your servers yet?" guy here and the last few days have been a bit frantic. All good though.

      I know I come off as kind of hostile towards property owners and I'd be willing to guess that everyone who has foed me has done so for that reason. But I'm not universally against private property, I just see it as a system with no checks and balances. The more you have the easier it is to get more. The less you have the harder it is.

      Without some kinds of checks and balances, a free market, private property system will devolve into a small group of owners, with the rest of us as wage slaves who have no chance of ever becoming owners.

      Let's get some things cleared up. Wealth is not bad. Differences in wealth are not bad. Not everyone deserves the same outcome, but everyone deserves an equitable opportunity. Creating wealth is a net benefit for society if and only if the wealth created outweighs the externalities inherent in its creation.

      I'm confused how so many people who understand the idea of opportunity cost can be so blind when it comes to alternatives to free market capitalism. Without investment, there would be no jobs? So no one did anything before there was money and investment? One alternative is democratic control of the means of production. That does not require investment.

      I fail to understand how a transaction where both parties agree and benefit, and in fact one party is a direct representative of the other can be characterized as "the government taking from the bourgeoisie." You wouldn't even have private property if it weren't for government protecting your property rights.

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    37. Re:Estate tax deduction too high in the USA by Copid · · Score: 1

      Because that money was already "earned". It was already taxed.
      If I pay a contractor to put in a new window, is it unjust to tax his income just because I already paid taxes on the money I gave him. Inheriting $2M is income no matter how you slice it. The fact that when the $2M belonged to somebody else, they paid taxes on it doesn't change that.

      It's not new wealth being created using benefits paid for by the taxpayer, therefore there is little justification for it.
      The point of a tax isn't to punish people for creating wealth. It's to raise revenue for services by taking that money from people. One of the most equitable ways of doing it is to measure that person's income stream and take a percentage of it. We tax people based on what they can afford to pay. The fact that a person got a particular chunk of income because fell into his lap rather than working for it doesn't change the fact that the additional income increases his ability to pay taxes.
      --
      An interesting anagram of "BANACH TARSKI" is "BANACH TARSKI BANACH TARSKI"
  28. Now we're left with Obama, McCain, and Romney by gillrock · · Score: 2, Funny

    ...and there is much rejoicing.

    --
    "...the shortest distance between two points may be straight line, but it is by no means the most interesting."
    1. Re:Now we're left with Obama, McCain, and Romney by Headcase88 · · Score: 1

      In the frozen land of Nador, they were forced to eat Romney... and there was much rejoicing.

      (Disclaimer: No actual political statement against Romney intended)

      --
      "When the atomic bomb goes off there's devastation...but when the atomic bong goes off there's celebraaaaation!"
  29. attention slashdot idiots by Anonymous Coward · · Score: 0

    do you really take this crap seriously? get over yourselves.

  30. Jobs for President by rlp · · Score: 2, Funny

    Adams could just switch his support to Steve Jobs. Jobs could run on a platform to:

    1) Change the name of the US to 'iCountry'.
    2) Ban Thanksgiving
    3) Replace ballistic missile defense with a national reality distortion field.

    --
    [Insert pithy quote here]
    1. Re:Jobs for President by Bassman59 · · Score: 2, Funny

      Adams could just switch his support to Steve Jobs. Jobs could run on a platform to:

      3) Replace ballistic missile defense with a national reality distortion field.

      The interesting thing is that the reality distortion field actually works.

    2. Re:Jobs for President by Kj0n · · Score: 1
    3. Re:Jobs for President by dimeglio · · Score: 2, Funny

      This explains why Gates is not running. He's waiting for Jobs to do so then Gates will inexplicably steal the elections. It will later be discovered that the voting machines ran Windows for Democracy.

      --
      Views expressed do not necessarily reflect those of the author.
    4. Re:Jobs for President by StrahdVZ · · Score: 2, Funny
      He'd have a great employment slogan:


      Vote Jobs for jobs!

    5. Re:Jobs for President by Anonymous Coward · · Score: 0

      This may be a stupid question, but why is he against Thanksgiving?

  31. This is one idea...... by 8127972 · · Score: 2, Insightful

    .... That is truly defective by design.

    --
    This is my opinion. To make sure you don't steal it, it's covered by the DMCA.
  32. I'm not american but ... by DaveG,+the+Quantum+P · · Score: 1

    ... I'd have voted for Doug Stanhope

  33. Gates has 20 Charisma by spyder913 · · Score: 1

    he has since 1997 -- even though he gave it to himself

  34. Watch the interview by Anonymous Coward · · Score: 0

    Charlie Rose has a series of interviews with Warren Buffet and Bill Gates, sometimes together. They discuss this topic specifically. You may be surprised about what these billionaires think about inheritance.

  35. Seemed Appropriate... by beyowulf · · Score: 1

    "Do you have any idea how much power I'd have to give up to be president?" - Lex Luthor to The Question

  36. Well...in some circles... by HungWeiLo · · Score: 3, Interesting

    When Chinese president Hu Jintao came to the U.S. for a state visit last year, he visited Bill Gates before going on to visit GWB.

    Mr Hu goes to Washington (after he's seen Bill Gates and the Boeing factory)

    --
    There are a huge number of yeast infections in this county. Probably because we're downriver from the bread factory.
  37. oh come on by khallow · · Score: 1

    Scott Adams should have done a tearful press conference in which he explains that the enormous cost of running a successful presidential campaign is just too much for the world's richest man to afford. There's a certain tradition to these things.

  38. if a geek was the next president... by Anonymous Coward · · Score: 0

    I would vote Knuth as my Homeboy http://geekz.co.uk/shop/

  39. Don't you want innovation? by Anonymous Coward · · Score: 0

    "'Gates for President' Group Gives Up"

    I'm not a US citizen, but what's wrong with you all? Gates would be perfect: he could copy the ideas of all his political opponents (only rather badly), put a little spin on top, and announce he was the greatest innovator American politics had ever seen.

    And Ballmer would make the perfect campaign manager for him. I can just hear him:

    "Wow! Come on, people! Who said, 'Sit down.'?"

    [Begins clapping]

    "Give us your vote! Give us your vote! Give us your vote! Give us your vote!" [repeated _ad_nauseam]

    How can you pass up on that?

    1. Re:Don't you want innovation? by Anonymous Coward · · Score: 0

      he could copy the ideas of all his political opponents (only rather badly), put a little spin on top, and announce he was the greatest innovator American politics had ever seen.

      The democrats do this already.

  40. Who would Gates attack? by EmbeddedJanitor · · Score: 2, Funny
    The whole Iraqi war has nothing to do with terrorism. If is far easier to find a link between Bush's interests in the oil industry and destabilizing oil production to boost the income from Bush's oil buddies. In other words, like wars of long ago, this war is more about the leader's [ersonal interests than anything else.

    Would Gates declare war on Linux-loving nations?

    --
    Engineering is the art of compromise.
    1. Re:Who would Gates attack? by Anonymous Coward · · Score: 0

      Would Gates declare war on Linux-loving nations?

      No. He would just buy the important parts of it and make sure these are using Windows. Like their governments.

      Gates is not a warmonger.

    2. Re:Who would Gates attack? by Aqua_boy17 · · Score: 2, Insightful

      The whole Iraqi war has nothing to do with terrorism.
      I really don't understand why most people don't get this point, especially voters in the U.S. And where is Bin Laden and why are we no longer concerned with his capture? I believe that the last thing this administration wants to do is have Bin Laden captured or killed. Without him out there in the wild, there's no boogeyman and less reason to justify suspending our constitutional rights in the name of the "war on terror".
      --
      What if the Hokey Pokey really is what it's all about?
    3. Re:Who would Gates attack? by EmbeddedJanitor · · Score: 2, Interesting
      Most people do get this point. Well non-Americans anyway, and I beleive even Americans get this point since it underpins the change in congress. However many, particuilarly leaders of other countries, have been unwilling to say so openly. Love-me-love-my-war has been an important part of doing business with the USA and has been used extensively as a bargaining chip with trade agreements etc. Bush was very clever to mix in terrorism because he's able to put himslef on the good-guy side and everyone else on the bad-guy side.

      Now there's a Democratic government those countries that have been holding their tongues have started to speak more freely.

      Leaders love wars for two main reasons: Firstly there's a patriotic "We've got to pull together" feeling that fosters cooperation with authority and makes people put up with situations that they would otherwise object to. If it was not for the war, Bush would not have wangled his second term. Secondly wars get presidents in history books. Big ego-rub.

      --
      Engineering is the art of compromise.
  41. Pity... but Scott Adams is nuts by the_womble · · Score: 0, Troll
    Actually Gates would probably make a better president than some. He would not be able to favour MS, and would probably bend over backwards to ensure he did not.

    Of course the problem is that he is already powerful enough not to care for a political position (no more real power when you take into account all the constraints on political leaders, more scrutiny, more stress).

    The other things is that this stunt is typical of Scott Adams recent idiocy.

    One of the Dilbert booKs contains his own theory of gravitation (yes really, and yes it look like he was serious). He said there were no obvious flaws, it took me about ten seconds to spot one.

    He followed it up by attempting to write a philosophy/theology book. He came up with what appears to be rather naive pantheism, at best a poor rehash of ideas like the Hindu one of the dance of Shiva. The sad bit is that he seems to think it is an original idea, and he cannot understand the objections to the flaws in his thinking (fairly obvious if you read his blog). The book is called God's Debris - its a free ebook download because he could not find a publisher (he whines about that on his blog as well).

    Now he wants to influence politics.

    Obviously he is dissatisfied being funny and wants to achieve something serious. Personally I wish he would just stick to being funny - he is actually good at that.

    1. Re:Pity... but Scott Adams is nuts by LtFiend · · Score: 1

      Right, he would not be able to favor MS, just like Bush would be able to favor big oil and Cheney wouldn't be able to favor Haliburton.

      Very good observation!

    2. Re:Pity... but Scott Adams is nuts by the_womble · · Score: 1

      The connection is a lot more obvious in public perceptions and far more subject to scrutiny than the Bush connections.

      Furthermore Gates is clearly currently trying to prove what a good guy he really is - he is hardly going to muck it up by doing something crooked.

      He is a very different person from Bush and in very different circumstances. I am no fan of Gates and MS (see previous comments, blog, etc.), but even he does not look so bad when compared to politicians!

      I fail to understand how my original comment has been moderated troll. Because I said something good about Bill Gates, or because I do not like Scott Adams?

  42. Obligatory FairTax plug by Staale+Nordlie · · Score: 5, Informative

    The FairTax proposal addresses most of your objections.

    Everyone gets a monthly prebate covering the tax on spending up to the poverty level. This eliminates taxes altogether for the truly poor, and makes the tax effectively progressive.

    True, there's a limit to how hard you can punish success and productivity with such a tax, but the overall effect on the economy and, dare I say it, fairness, more than makes up for that.

    Website: http://www.fairtax.org/
    Summary: : http://www.fairtax.org/fairtax/thumbnail.htm

    1. Re:Obligatory FairTax plug by Anonymous Coward · · Score: 0

      Sure, a "prebate". Just what we need, not just the poorest of the poor hanging on the government teat, but EVERYONE watching the mail for their next government check. That certainly won't create a culture of dependency, now will it?

      Other than the wealthy among you looking to serve your own greedy self interests, fair tax people are complete morons. And even that's being rather generous.

  43. Re: Snowball ain't the worst guy in the world by Anonymous Coward · · Score: 0

    ...his considerable holdings...

    That's the controlling interest.

  44. Exactly by Anonymous Coward · · Score: 0

    What we need is more power for corporations.

  45. Re:Different from Neo-Cons? How? by AuMatar · · Score: 1

    Not true- Bush never embraced. He doesn't do that hippy tree hugging crap.

    --
    I still have more fans than freaks. WTF is wrong with you people?
  46. Scott Adams is soulless by Seumas · · Score: 1

    Between his pointless comic strip that attempts to placate the masses of cubicle dwellers by making them find humor in their pathetic situations and wanting Bill Gates to run the country, I think we can all now safely agree that Scott Adams is not only lacking in all related talents involved in producing actual humor but is an absolutely soulless corporate pawn. Dilbert is a great "deal breaker" indicator that you can use in judging how to treat people and what weight to give their contributions, similar to the judgments one can make about those who think Napoleon Dynamite is the greatest movie ever.

    1. Re:Scott Adams is soulless by Stanistani · · Score: 1
      Making friends, hmm?

      Let me help you - here's one of your recent comments:

      I doubt there are 100,000 people who would watch Firefly for *free*. Much less PAY for it. I sure as hell wouldn't. Enjoy.
    2. Re:Scott Adams is soulless by Seumas · · Score: 1

      Do you pay attention to dates? That comment was about a year old. And completely accurate. Feel free to side with the traditional geek norms to make friends and influence people, but I prefer to call it how I see it. Star Trek and Star Wars is over rated. Not all anime is awesome. Not every cosplay chick is hot and not everyone buys into the soulless and patronizingly dumb Dilbert cartoons.

      Don't worry, you'll figure out not everyone pulls the "company line" around here. You're still new here, so we understand whatever difficulties you may be having with the whole "not everyone has the same opinion" part of discussions.

    3. Re:Scott Adams is soulless by Stanistani · · Score: 1

      You are a humorless, rancid drone.

      Slashdot userids are no indication of longevity or elite status.

      I hope you never sit behind me at a movie. You're the type of person who would sit through the whole thing, muttering, "This sucks."

  47. The income Tax is a horrible implementation. by Anonymous Coward · · Score: 0

    Seriously, the income tax where the more you earn the more you pay and at a higher rate is not fair. You want to "tax the rich for their share", fine, but why should the tax rate increase. The formula should be linear. A flat income tax of 18% on income over the poverty level with no exeptions, tax credits, fuel credits, educational credits, rebates and other complications would be fair. Politicians love to issue tax credits for whatever makes news that day, but the end result is it further complicates the system. There are more IRS employees than FBI/CIA. They have no net gain to the economy. The IRS employees exist only to ensure the complex rules are interpreted and applied somewhat the same. Now that Bill is out, how about Steve Forbes.

  48. Update! by blakmac · · Score: 0

    "Your copy of billofrights.exe is out of date. Your subscription is due to expire in 15 days. A new subscription can be purchased at our website (http://www.irs.gov). You can download the patch related to billofrights.exe by clicking on the link below." - radification.exe (makes necessary changes to billofrights.exe) - amendmentv2.0.exe (requires latest version of constitution.dll) - allyourbase.zip (installs all necessary patches, requires subscription)

    --
    http://wstewart.php0h.com - the sugarbuzz project blog
  49. Clippy for VP! by owlnation · · Score: 4, Funny

    It seems that you're trying to invade Iran. I can help you with that...

  50. Bill Gates is Ineligible by simpsond · · Score: 2, Interesting

    Bill gates is a "Knight Commander of the Order of the British Empire." Which in turn makes him ineligible for presidency. Don't take my word for it. I simply trust my history professor.

    1. Re:Bill Gates is Ineligible by kloppe · · Score: 1

      Bill Gates is not a British citizen and is as such not allowed to become a KBE. He is an honorary KBE though, which not as cool (He can't call himself Sir Bill, for example).

      Btw, Rudolph Giuliani is an honorary KBE too. Doesn't seem to stop him from running for president, no?

    2. Re:Bill Gates is Ineligible by mcguirez · · Score: 1

      Well so is Rudy Giuliani - and it doesn't seem to be slowing him down any...

      http://www.modernhistoryproject.org/mhp/EntityDisp lay.php?Entity=KofBE&Start=2002-02-13

      --
      When you hear hoofbeats, think horses, not zebras
  51. Remember his trial deposition by boback · · Score: 1

    Can you imagine that guy taking questions from the press? I don't think it would exactly inspire the voters.

  52. Re:Different from Neo-Cons? How? by dan828 · · Score: 1

    Gates is the neo-con artist par excellence.

    Well, Gates is an athiest and a liberal, so I don't think he'd fit in so well with the neo-cons.
  53. Re:Different from Neo-Cons? How? by StarvingSE · · Score: 1

    No, you have it backward. Bush followed extinguish, extend, embrace. He just hasn't quite figured out the embrace portion yet....

    --
    I got nothin'
  54. "Let's cut off their air supply..." by mkcmkc · · Score: 2, Funny

    That line from Microsoft's past would fit right in at Gitmo...

    --
    "Not an actor, but he plays one on TV."
  55. FDR was an evil bastard by Anonymous Coward · · Score: 0

    Got his inspiration from Ponzi.

    We have yet to cleanup his mess.

    I'm not even going to mention him selling the US out to the reds. Used to be you'd be called a 'Bircher' for making the claim. Guess what, the USSR fell, files were opened, Hiss was a red traitor. The 'Birchers' were right for once.

    The truly rich don't pay estate taxes. They have teams of lawyers and trusts setup just to avoid it.

    No politician created the middle class. The middle class did (buy working). If you want to give some credit give it to the GI bill.

  56. Not so fast by FallLine · · Score: 1

    No, the average net worth in the USA is under $100,000, including the home.
    The "average" you quote is basically meaningless in this context. The median net worth for people ages 60-69 is about 210K. The top 25% of this age group is worth 657K and the top 10% is worth more than 1.4M. Look it up for yourself.. While I would not regard someone in the top 10% as being fabulously well off, this also ignores the fact that people with higher net worths often live more modest lifestyles (it's very easy to have most/all of your net worth wrapped up in a business/investments and actually live quite modestly at these levels).
    1. Re:Not so fast by spun · · Score: 1

      I can always count on you, FallLine, to find the errors in my logic and point them out in a (relatively) non confrontational way. Duh, of course it is the net worth of that age group I should have considered. So, the average person would be paying taxes on $10,000 IF they inherited everything under my proposal. That is bad why, exactly?

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    2. Re:Not so fast by FallLine · · Score: 1

      Duh, of course it is the net worth of that age group I should have considered. So, the average person would be paying taxes on $10,000 IF they inherited everything under my proposal. That is bad why, exactly?
      You're arguing that we lower the exclusion amount to 200K and keep the rates the same, right? Why should the "average" deceased person be able bequeath virtually all of their money while someone moderately more wealthy (due to starting v. small business, working longer, retiring later, spending less, etc) pay vastly more? If you really believe that inheritance is fundamentally unfair on its face (how is equally shared by all people (i.e., $0 dollar exclusion/deducation with a flat rate for all). Anyways- my point is that the change you propose (and even the the status quo) has very real impacts on far more just the mythical "rich" that you envision (the very much more average people who simply save more, invest more, work harder, etc). This also ignores the hugely disruptive effects the estate taxes have on families that are impacted by it. Maybe it seems easier because you're safely distanced from it, but many people I know (and my own family) have been and are potentially impacted by it in practice (and not just in its theoretical tax rate terms).

    3. Re:Not so fast by spun · · Score: 1

      My wife and I stand to inherit over $250,000 from her father and a house worth about $200,000 from my mother, so my proposed change would impact me. Simply because something would impact me is no reason not to do it. I didn't do anything of value to society to earn that money, should I therefore have an absolute right to it?

      You are saying you've been impacted by a tax with a $2,000,000 deductible? I certainly hope you aren't expecting anyone to feel sorry for you that you have that much money and have to pay taxes on it.

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    4. Re:Not so fast by FallLine · · Score: 1

      Err...slashdot swollowed some of my text (tags)...

      If you really believe that inheritance is fundamentally unfair on its face, then you should insist that the burden of paying the tax should be equally shared by all people (i.e., $0 dollar exclusion/deducation with a flat rate for all). How are numbers of excess of 200K an "accident of birth" while figures at or less than 200K somehow "deserved"? If anything, I personally believe that deservedness is often reversed. People that start small businesses, save more, waste less, etc... and so have a higher net worth when they die (thus increasing their tax liability), should have more say over what happens with their assets than someone that never really saved or worked particularly hard (sure there are people with less money that work their asses off too, but this tax does have a perverse impact on some of the most productive/valuable members of society).

    5. Re:Not so fast by Dretep · · Score: 0

      You are saying you've been impacted by a tax with a $2,000,000 deductible? I certainly hope you aren't expecting anyone to feel sorry for you that you have that much money and have to pay taxes on it. I'd feel sorry for you. But then I guess someone's got to fund the war in Iraq and it definitely isn't the poor.
    6. Re:Not so fast by FallLine · · Score: 1

      You are saying you've been impacted by a tax with a $2,000,000 deductible? I certainly hope you aren't expecting anyone to feel sorry for you that you have that much money and have to pay taxes on it.
      I know families who have been personally (many of them not nearly as rich as you imagine) and my family has, at various times, been exposed to real potential damage as well (i.e., if one of my parents died unexpectedly then their companies would very likely have been forced to have been sold in a fire sale... which would have decimated its actual value (there are often huge disparities)). You seem to believe that it's simply a matter of planning properly or that IRS is very understanding/flexible... this is just not the case

      My wife and I stand to inherit over $250,000 from her father and a house worth about $200,000 from my mother, so my proposed change would impact me. Simply because something would impact me is no reason not to do it. I didn't do anything of value to society to earn that money, should I therefore have an absolute right to it?
      How very generous of you (joke). I don't know what tax rates you're figuring, but the ~10K you stated is less than 4% of your eligible inheritance (or ~2% of your total) and the tax liability, from the sounds of it, would be easily accomodated with the remaining investment dollars allowing you to keep the house (not to mention the fact that it's much easier to get a loan to pay for a house than it is a business). Why should the estate tax be so small and so convenient for you? How is that significant amount of money any less an accident of birth than what I stand to recieve (or then what the poorer members of society stand not to recieve). You and your wife stand to inherit nearly half a million dollars, almost all of it tax free, while other people under other situations stand to inherit about the same amount in practice and witness the destruction of the businesses that their parents created and that they may well have contributed to (and maybe even employed by it). It's only approaching "fair", imho, when you are effectively forced to sell the house (which can't easily be replaced) and only collect a little more than 50% of the proceeds.
    7. Re:Not so fast by spun · · Score: 1

      Okay, then let's remove the deduction altogether. I pulled that $200,000 out of a delicate part of my anatomy, in order to make it seem more acceptable, but I'd really like to see all income taxed the same.

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
  57. WTF? by CasperIV · · Score: 1

    I don't even really know how to respond to that. First of all, if you think circumcision is more of a hazard then not being circumcised, your wrong (not really any other way of saying it). Second, where the hell did that comment even come from? Does Gates remind you of a penis?

    1. Re:WTF? by Anonymous Coward · · Score: 0

      The sig, idiot. Also "you're" not "your", and do some medical research.

    2. Re:WTF? by CasperIV · · Score: 1

      Gee, I'm sorry I didn't have time to go back and double check my post, but I kind of had more pressing business. Anyway, I have done a lot of research actually, learned way more then I care to (my wife works in the medical field and all through school I had to participate on her research papers). I hate to tell you, but the draw backs are insignificant in comparison to the benefits. The risk reduction from STDs alone is staggering. Almost all the draw backs are due to poor quality doctors, not the procedure. What exactly are the draw backs to the procedure that you are so concerned about?

    3. Re:WTF? by Stormwatch · · Score: 0, Offtopic

      The risk reduction from STDs alone is staggering.
      Ever heard of something called "condom"?

      What exactly are the draw backs to the procedure that you are so concerned about?
      Had you bothered to click my sig and read, you wouldn't have to ask.
    4. Re:WTF? by ehrichweiss · · Score: 1

      Do you have a good cite for the risks of STDs being "staggering" because most of my wife's family is in medicine and that's never been brought up even once. As a matter of fact, I've never once seen any so-called facts on this proven since most of the time the "facts" revolve around whether the person has any concept of personal hygiene.

      The drawbacks of being circumcised? I could enjoy sex a lot more than I already do, I might not have the scarring that I do, I might not have problems with oil glands on my penis....I might have had this thing we call a choice. That last one is plenty.

      --
      0x09F911029D74E35BD84156C5635688C0
  58. He might not be a bad president by Emperor+Cezar · · Score: 1

    There might be a possibility that ole Billy G might make a reasonable president. At Microsoft, his directive is to make money. He's very good at it. If his directive was to the best thing for the nation, he might be just as good.

  59. The only person I can think would be worse than by Master+of+Transhuman · · Score: 1

    Dick Cheney...is Bill Gates.

    I'm not sure who is the bigger asshole personality wise. That's a tossup.

    Both of them need to be put out of business - Cheney by impeachment, trial and imprisonment for lying the US into a war AND damaging US security by outing a covert CIA agent and related CIA operations, and Gates simply out of the IT business completely along with his MicroCrap company.

    --
    Richard Steven Hack - This sig is TOO GODDAMN SHORT TO DO ANYTHING USEFUL WITH! MORONS!
  60. You just convinced me this is a GOOD idea. by Anonymous Coward · · Score: 0
    Wow, you just convinced me that he IS a good candidate for president. I'd like a president that "exploits everyone and everything he can to benefit himself" and the country he sees as an extention [sic] of himself.


    I was opposed to the idea previously.

  61. There are a number of ways around this problem by Anonymous Coward · · Score: 0

    Or your kids could get a loan against the capital assets of the business.

  62. Oh no! Now we'll never get to see... by jolyonr · · Score: 1

    The Constitution Service Pack 1

    --


    Please read my Canon EOS tech blog at http://www.everyothershot.com