If Mitt Romney makes $0 in income and $0 in capital gains, but still has $500+ million in the bank, guess what his tax rate is? 0%.
I love this class envy stuff.... how much in taxes did Mitt pay on the way to putting that $500 million in the bank? I can't believe what I'm reading here on slashdot... this is like the ant and the grasshopper. Based on your analogy, if I lived like a pauper, worked my way through school, drove crappy cars and lived in a house I could afford, and thus managed to amass a sum on money in the bank, you would compare this to your empty bank account. But you made different choices in life and did not sock away money. In the end, you look at my Big Pile O'money and say its not fair and I should be taxed on my WEALTH. Are you kidding me? We have a system that taxes INCOME not wealth.
Hint: if you want to see the stock market dry up and businesses operate with no capital for expansion, you go right ahead and dramatically increase the capital gains tax. If you charge too much tax for the use of my investment capital, I'll choose to leave it in my mattress. Where will society be then?
More people aren't on welfare because they have ethics and morals. But make no mistake, there is what some call a "welfare trap". Case in point... my sister owns a pizza restaurant in Savannah GA. She hired a girl to work the kitchen who lived in the local welfare housing. Her rent is subsidized. She didn't show up for work one day and my sister called to see where she was... she said that since her landlord found out she had a job, she had to pay more in rent and she could not afford to work. There is little incentive to get off welfare and as more and more people fall into this trap and accept a lower standard of living, the government will take more and more from the producers. Try reading Atlas Shrugged sometime. The only question is when will the producers stop producing.
You guys keep talking about 15% capital gains tax.... like it's the only time that money was taxed. Newsflash: Money that was income for a corporation was taxed (at 35% if not mistaken). Then it it taxed when it is distributed to the employees of the company (yes, CEO is an employee on the payroll), and when a person finally has money free and clear in their bank account and decides to invest, we tax it again at 15%. How many times can we tax this same money?
Want to talk about not fair? Let's talk about how a person can get a $9600 check from the government for money they didn't make or contribute! It is one thing to say to someone, "Mr Poorman, we see you have 3 kids and make a low wage, we will exempt you from paying taxes". It is quite another thing to say to the same person that we will present them with $10,000 that they didn't earn. The problem is where the $10,000 came from... it was taken from a productive citizen by force. Talk about disincentives... take money from a productive person and give it to a person who had more kids than they could afford to feed. What a warped sense of "fair".
I really hate to get personal in the nature of my comments, but in this case I gotta! Are you kidding me? You have an undergraduate degree and you aren't out earning a living? Why the hell would you go back for more of the same if what you have earned isn't making you a living? In all honesty, I cannot understand why you would quit a perfectly good job to continue your education... so many people WORK their way through school.... I was one of them. I lived just as you describe 25 years ago.
An election is where the people pick their leaders. Gerrymandering is where the leaders pick their people.
The best definition of gerrymandering I've heard.....
Yeah, we Americans don't like it either, but we can't seem to reign in our own government. It also doesn't help that right around 1/2 of Americans are addicted to eating our own poo.
...and ironically enough, the phones were made in China, transported to the US and not permitted to be exported to China? Hmmmm.... Makes me wonder if the government was to make manufacturers produce all non-exportable good domestically what that would do for our unemployment problem?
The schools don't actually care if you are in school or not. They care if they can legitmately say you were in school so they get paid. This is why we have a discipline problem in the schools. It is not in their best interest to suspend / expel the bad kids because then they won't get paid.
My ex is a high school teacher here in central South Carolina. Many years ago when she started teaching she'd come home and tell me about some kid in one of her classes who acted "too cool for school" but really excelled on tests. After observing this several times, she realized that in certain.... uhh.... "urban" cultures, being smart is considered being "too white" and will not be tolerated. She came up with an analogy of crabs pulling each other back into a pot.
The guy probably gave his DNA knowing full well that they wouldn't expect the suspect to provide it... and therefore the authorities would look at anyone who didn't provide a sample. They fooled him by doing what they said they'd do, eh?
I have no doubt about congress' intentions for this pile 'o money. They force the USPS to create this HUGE pile of money so they can then pass a law allowing them to borrow against it.... just like they did with our social security since 1983.
The USPS is under the gun (unfairly) by congress' requirement to pay their pension in advance. That said, the USPS is run by a bunch of nimwits. It's as bad as finding who's to blame at General Motors... greedy management or the greedy union workers.
Case in point... the post office is open from 9am until 4pm here. Closed an hour for lunch. I get off work at 330 and can't get to my local post by 4pm... Really, I've pulled up at 3:57 by my cell phone and was greeted with a locked door and a friendly voice on the other side that said "We're closed". If they want to turn a profit, they should be open when people can get to them.
Case number 2... You can't buy stamps in the lobby any longer. The post master at my local office said the vending machines were too problematic and expensive to maintain, so they were removed. Now if you want to buy stamps, you have to get to the post office when they are open. See above for the likelyhood of that. I've received postcards from the USPS that offered to sell me stamps by mail.... with a postage fee added to my purchase. Are you kidding me?
It's almost like they don't want to make money and they want to drive customers away.
Contrast this to UPS. In my town, UPS is open from 1pm until 7pm. The working stiffs can actually use their services.
Of the $16billion they lost, $11B was failure to pay pensions. Let me do the math for you.... if not for the requirement to fund pensions 75 years in advance, they would have still lost $5B
802.11b/g operates as aloha as I understand it. And 802.11n is DAMA.
I am beginning to think that what they are talking about here is as follows: the host recognizes is has a backlog of data. It sends all data to all stations at once. After the buffers are emptied, it then begins to poll the connected stations for their ACKs on that large databurst that was just sent. As long as the connected stations can hold onto those ACK packets for a few hundred milliseconds, all should be fine. The current way (I think) 802.11n works is that packets are sent one at a time and then the connected station is polled for traffic (the ack). We end up waiting for each client's TCP stack to checksum the packets and send ACKs. So why not send a huge databurst to all connected stations and then come around later polling for the ACKs? It saves us a lot of latency.
I toyed with the idea of queuing up 30 seconds of packets on the 1200 baud APRS network and then releasing them. In my case the point was to save on the horrific TXDelays of the radios... 600ms for the radio to come on frequency and stabilize to send a 1 second packet... or a 300ms packet. It made more sense to queue up packets and allow the TNC to send multiple packets with only one TXdelay. All of that said, I wonder if that's what they are proposing here?
Does anyone know what the timeout or guard time is for 802.11n DAMA polling? How long does DAMA wait for a station to not answer a poll for data before it gives up and polls the next station?
I remember back in the days of packet radio we used to queue up to 7 (gasp) packets at a time... it was common on the slow channel with many network hops to accumulate a backlog of packets which would all come in at once and then all be ACKed at once. I'm dating myself... NetROM days in the early 1990s.
By the year 2020 eh? This has been discussed in the 1960's....
In the year 6565
You won't need no husband, won't need no wife
You'll pick your son, pick your daughter too
From the bottom of a long glass tube
Now it's been ten thousand years, man has cried a billion tears
For what, he never knew, now man's reign is through
But through eternal night, the twinkling of starlight
So very far away, maybe it's only yesterday
We have equal protection under the law, so why should Person A pay a different rate that Person B? The income tax was engineered in 1913 such that it only affected 2% of the population, so 98% of the people were in favor of it. Once they got it passed, they soon began to tax more and more people. Then the government got into the business of encouraging certain behaviors... own a house? deduct mortgage interest. Got kids? Deduct some expenses related to kids. Same goes for corporations... want to sit on your pile of money? pay 35% in tax. However, if you want to reinvest your money into something that puts people to work, pay 15% tax. It encourages people to keep money circulating.
Now we've got a tax code that is engineered with loopholes designed to benefit specific companies (masked as generic regulations which are so interwoven that they can only apply to one company). What we need now is to simply apply the same tax RATE to everyone. Get rid of deductions and make everyone pay the same.
Your idea that some should pay a higher rate simply because they make more is insane. Imagine going to McDonalds and I get a hamburger for $.50 and you have to pay $3.50. The guy in line behind us asks for a hamburger and gets $.25 handed to him and a hamburger (earned income credit).
I know I've rambled here, but we've proven that allowing for exceptions in the tax code leads to corruption, the only fair way is to tax everyone the same rate. That would include corporations who are individuals in the eyes of the law.
I still haven't figured out why all the important things like gas pumps and lotto get a printed receipt but the voting machines don't have a printer.... it would cost too much.
Oh my, are you crazy???? we have to take the federal money.... if you leave the money on the table, someone else will get it and we'll just end up paying for it anyway. Well, at least that seems to be the prevailing mentality. I'm convinced that between federal grant programs used to permanently fund certain departments (mating habits of indigenous gray squirrels anyone??), and unconstitutional government alphabet soup agencies, we are doomed. The last governor of SC refused to get $700M federal stimulus money and our wonderful legislature voted to make him take it. No politician has the political courage to say no to money with purse strings.
As a SC resident, I'm waiting for the dust to clear and get to the nitty gritty details. I'm willing to wager that they used the ssn as the key field in their database. I've heard that 250-odd employees/contractors had RSA keys and one of them had to have been used to get in, but they wouldn't say which one.
What really irks me is that my SSN is valuable at all. If it was used simply as an ID number for the soc sec system, it would be of little use to hackers. Instead it is used as a national ID number by every bank, credit card, mortgage, and insurance company. What really upsets me is that there is no check digit on the number... no checksum, no nothing... need a SSN? just make up a number when you sign up for a job.
They sat me on a bench labeled "Group W". I told them I was in for littering and they all moved away. So I said "...and creating a nusance" and they all moved back.
Slashdot Mirror
If Mitt Romney makes $0 in income and $0 in capital gains, but still has $500+ million in the bank, guess what his tax rate is? 0%.
I love this class envy stuff.... how much in taxes did Mitt pay on the way to putting that $500 million in the bank? I can't believe what I'm reading here on slashdot... this is like the ant and the grasshopper. Based on your analogy, if I lived like a pauper, worked my way through school, drove crappy cars and lived in a house I could afford, and thus managed to amass a sum on money in the bank, you would compare this to your empty bank account. But you made different choices in life and did not sock away money. In the end, you look at my Big Pile O'money and say its not fair and I should be taxed on my WEALTH. Are you kidding me? We have a system that taxes INCOME not wealth. Hint: if you want to see the stock market dry up and businesses operate with no capital for expansion, you go right ahead and dramatically increase the capital gains tax. If you charge too much tax for the use of my investment capital, I'll choose to leave it in my mattress. Where will society be then?
More people aren't on welfare because they have ethics and morals. But make no mistake, there is what some call a "welfare trap". Case in point... my sister owns a pizza restaurant in Savannah GA. She hired a girl to work the kitchen who lived in the local welfare housing. Her rent is subsidized. She didn't show up for work one day and my sister called to see where she was... she said that since her landlord found out she had a job, she had to pay more in rent and she could not afford to work. There is little incentive to get off welfare and as more and more people fall into this trap and accept a lower standard of living, the government will take more and more from the producers. Try reading Atlas Shrugged sometime. The only question is when will the producers stop producing.
You guys keep talking about 15% capital gains tax.... like it's the only time that money was taxed. Newsflash: Money that was income for a corporation was taxed (at 35% if not mistaken). Then it it taxed when it is distributed to the employees of the company (yes, CEO is an employee on the payroll), and when a person finally has money free and clear in their bank account and decides to invest, we tax it again at 15%. How many times can we tax this same money? Want to talk about not fair? Let's talk about how a person can get a $9600 check from the government for money they didn't make or contribute! It is one thing to say to someone, "Mr Poorman, we see you have 3 kids and make a low wage, we will exempt you from paying taxes". It is quite another thing to say to the same person that we will present them with $10,000 that they didn't earn. The problem is where the $10,000 came from... it was taken from a productive citizen by force. Talk about disincentives... take money from a productive person and give it to a person who had more kids than they could afford to feed. What a warped sense of "fair".
I really hate to get personal in the nature of my comments, but in this case I gotta! Are you kidding me? You have an undergraduate degree and you aren't out earning a living? Why the hell would you go back for more of the same if what you have earned isn't making you a living? In all honesty, I cannot understand why you would quit a perfectly good job to continue your education... so many people WORK their way through school.... I was one of them. I lived just as you describe 25 years ago.
An election is where the people pick their leaders. Gerrymandering is where the leaders pick their people. The best definition of gerrymandering I've heard.....
Yeah, we Americans don't like it either, but we can't seem to reign in our own government. It also doesn't help that right around 1/2 of Americans are addicted to eating our own poo.
Just look how well the "Do Not Track" browser preference is working. Umm yeah, the market will fix itself.
Which is easy enough to do if you are driving on the right hand side of the road!
Never mind that... what was a woman doing out of the kitchen in the first place!?!?
...and ironically enough, the phones were made in China, transported to the US and not permitted to be exported to China? Hmmmm.... Makes me wonder if the government was to make manufacturers produce all non-exportable good domestically what that would do for our unemployment problem?
The schools don't actually care if you are in school or not. They care if they can legitmately say you were in school so they get paid. This is why we have a discipline problem in the schools. It is not in their best interest to suspend / expel the bad kids because then they won't get paid.
My ex is a high school teacher here in central South Carolina. Many years ago when she started teaching she'd come home and tell me about some kid in one of her classes who acted "too cool for school" but really excelled on tests. After observing this several times, she realized that in certain.... uhh.... "urban" cultures, being smart is considered being "too white" and will not be tolerated. She came up with an analogy of crabs pulling each other back into a pot.
If you couldn't shoot into the air in this area, they wouldn't be hunting pigeons would they? And then the drone wouldn't be there would it?
The guy probably gave his DNA knowing full well that they wouldn't expect the suspect to provide it... and therefore the authorities would look at anyone who didn't provide a sample. They fooled him by doing what they said they'd do, eh?
I have no doubt about congress' intentions for this pile 'o money. They force the USPS to create this HUGE pile of money so they can then pass a law allowing them to borrow against it.... just like they did with our social security since 1983.
Case in point... the post office is open from 9am until 4pm here. Closed an hour for lunch. I get off work at 330 and can't get to my local post by 4pm... Really, I've pulled up at 3:57 by my cell phone and was greeted with a locked door and a friendly voice on the other side that said "We're closed". If they want to turn a profit, they should be open when people can get to them.
Case number 2... You can't buy stamps in the lobby any longer. The post master at my local office said the vending machines were too problematic and expensive to maintain, so they were removed. Now if you want to buy stamps, you have to get to the post office when they are open. See above for the likelyhood of that. I've received postcards from the USPS that offered to sell me stamps by mail.... with a postage fee added to my purchase. Are you kidding me?
It's almost like they don't want to make money and they want to drive customers away.
Contrast this to UPS. In my town, UPS is open from 1pm until 7pm. The working stiffs can actually use their services.
Of the $16billion they lost, $11B was failure to pay pensions. Let me do the math for you.... if not for the requirement to fund pensions 75 years in advance, they would have still lost $5B
I am beginning to think that what they are talking about here is as follows: the host recognizes is has a backlog of data. It sends all data to all stations at once. After the buffers are emptied, it then begins to poll the connected stations for their ACKs on that large databurst that was just sent. As long as the connected stations can hold onto those ACK packets for a few hundred milliseconds, all should be fine. The current way (I think) 802.11n works is that packets are sent one at a time and then the connected station is polled for traffic (the ack). We end up waiting for each client's TCP stack to checksum the packets and send ACKs. So why not send a huge databurst to all connected stations and then come around later polling for the ACKs? It saves us a lot of latency.
I toyed with the idea of queuing up 30 seconds of packets on the 1200 baud APRS network and then releasing them. In my case the point was to save on the horrific TXDelays of the radios... 600ms for the radio to come on frequency and stabilize to send a 1 second packet... or a 300ms packet. It made more sense to queue up packets and allow the TNC to send multiple packets with only one TXdelay. All of that said, I wonder if that's what they are proposing here?
Does anyone know what the timeout or guard time is for 802.11n DAMA polling? How long does DAMA wait for a station to not answer a poll for data before it gives up and polls the next station?
I remember back in the days of packet radio we used to queue up to 7 (gasp) packets at a time... it was common on the slow channel with many network hops to accumulate a backlog of packets which would all come in at once and then all be ACKed at once. I'm dating myself... NetROM days in the early 1990s.
By the year 2020 eh? This has been discussed in the 1960's.... In the year 6565 You won't need no husband, won't need no wife You'll pick your son, pick your daughter too From the bottom of a long glass tube Now it's been ten thousand years, man has cried a billion tears For what, he never knew, now man's reign is through But through eternal night, the twinkling of starlight So very far away, maybe it's only yesterday
Now we've got a tax code that is engineered with loopholes designed to benefit specific companies (masked as generic regulations which are so interwoven that they can only apply to one company). What we need now is to simply apply the same tax RATE to everyone. Get rid of deductions and make everyone pay the same.
Your idea that some should pay a higher rate simply because they make more is insane. Imagine going to McDonalds and I get a hamburger for $.50 and you have to pay $3.50. The guy in line behind us asks for a hamburger and gets $.25 handed to him and a hamburger (earned income credit).
I know I've rambled here, but we've proven that allowing for exceptions in the tax code leads to corruption, the only fair way is to tax everyone the same rate. That would include corporations who are individuals in the eyes of the law.
Would you rather vote for Incompetent Obama?
I still haven't figured out why all the important things like gas pumps and lotto get a printed receipt but the voting machines don't have a printer.... it would cost too much.
Oh my, are you crazy???? we have to take the federal money.... if you leave the money on the table, someone else will get it and we'll just end up paying for it anyway. Well, at least that seems to be the prevailing mentality. I'm convinced that between federal grant programs used to permanently fund certain departments (mating habits of indigenous gray squirrels anyone??), and unconstitutional government alphabet soup agencies, we are doomed. The last governor of SC refused to get $700M federal stimulus money and our wonderful legislature voted to make him take it. No politician has the political courage to say no to money with purse strings.
What really irks me is that my SSN is valuable at all. If it was used simply as an ID number for the soc sec system, it would be of little use to hackers. Instead it is used as a national ID number by every bank, credit card, mortgage, and insurance company. What really upsets me is that there is no check digit on the number... no checksum, no nothing... need a SSN? just make up a number when you sign up for a job.
They sat me on a bench labeled "Group W". I told them I was in for littering and they all moved away. So I said "...and creating a nusance" and they all moved back.