As for the yacht the company only pays tax if the yacht is for personal use. If the yacht is a corporate yacht rented out for corporate events or revenue generation- it's business to business not personal.
It all depends on how the following is actually implemented:
Although it does not prohibit businesses from providing taxable property or services as gifts, prizes, rewards, or as remuneration for employment, the gift, reward, etc. is considered to be the conversion of property or services from business use to personal use and is therefore taxable.
Given that B2B is explicitly not taxed, I bet there'll be plenty of grey areas there where the tax lawyers can find a way to earn their keep.
Under the FairTax, savings and investments are not taxed at all.
I interpret that to mean you don't pay a sales tax when you buy shares in a company.
So if they don't write it tight enough, the yachts, planes etc could be rented from subsidiaries owned by some entity in the XYZ Islands or wherever. So Mr Billionaire pays sales tax on the rental amount - there is no transfer of yacht ownership at all. Mr Billionaire doesn't use the yacht on a daily basis - just rents it out for a few days a year, so it "clearly isn't treated as his private property", in fact he may not even rent the same yacht every year - could be a different yacht. During the other 99% of the year the subsidiary company is using it for their marketing and promotional purposes (as clearly shown by the ads and stuff on it).
See:
Under the FairTax, for an item to be considered "used" it must be:
(1) purchased before the FairTax is enacted, or
(2) the FairTax on the item must have been previously paid.
So if I were a billionaire I'll buy what I want before the enactment and rent the rest after enactment.
The main leakage will probably be the Mrs/Girlfriend insisting on owning her handbags, etc (which probably would be wise when she ends up being ex-Mrs/GF).
Can't fix the latency problem though. NZ isn't exactly close to many other significant countries.
So NZ has got to be significantly cheaper to offset the fact that response times are going to be higher. Should be even more noticeable if you use https.
Yeah. I think also that the power savings for this tech are in the standby time, not in the active/talk time.
So it won't help much in increasing battery life when you are using the device a lot. But it should help if you're leaving your phone in standby and in "airplane mode". As for standby but not in "airplane mode" it depends on what percentage of standby consumption is due to polling the station(s).
If I understand it correctly it would mean that Apple (as a company) won't pay any taxes at all.
And the rich could probably avoid being taxed on some stuff by attending more company promotional and marketing events. You'll still get them on private dinners at expensive restaurants etc, but not on the big ticket items - yachts, planes, maybe even property (Disney won't have to pay tax on Disneyland, the tax is just on the people buying the tickets right?).
It's not theft if it's legal and if the legislators are democratically elected.
Saying it's theft is as stupid as saying fines and penalties are theft. If too many voters voted for the wrong people they all get the punishment they deserve.
Don't like the rules, try to change them, or go somewhere else.
All California sales tax paid by Amazon will be directed to Patterson and San Bernardino where Amazon is building warehouses. These cities are/were planning to rebate 75%-80% of the sales back to Amazon.
If the virtualization stuff works then they can be cheap and save money for a decade or more, they might have problems around 2038 if they somehow keep using it.
The issue is if vmware etc stop providing legacy virtual hardware.
Plural of anecdote is data. As for 0.1% it was just an example to show why a mass vaccine has to be much safer than treatments for those who are already sick. Sorry if that wasn't clear to you.
Your anecdotal experience is not relevant. Not getting flu vaccine is an entry for the Darwin award. You really should trust science.
That's stupid. Plenty of people survive flu without needing a vaccine. And many of those don't even suffer very much from the disease. If they don't end up sterile or dead they don't qualify for a Darwin award.
As for anecdotal experience being not relevant, it is relevant for a mass vaccine. Because it will be applied to millions or even billions of people. Even if only 0.1% die from the treatment that means 7 million people die out of 7 billion. 0.1% is good for other treatments where the person is already sick. Not for vaccines where most people getting it aren't already sick.
The ones who don't get run over by buses are more likely to be the ones who pay attention to what's around them or the ones who never leave the house
That's why quarantine works pretty well against most contagious diseases. They have to evolve to not kill so fast and maybe not produce so obvious symptoms.
In theory if everyone had 2 weeks supply of food and water (haha) you could issue a mass quarantine order and wait for a killer flu to burn out.
I'd stick to risking flu then. I don't suffer from flu very often, I might get it, but it's rarely a big deal. Colds are not a big problem for me either. Take a zinc+C supplement for a few days and I feel reasonably OK during that time.
To me any vaccine that's going to be applied to "everyone" had better be much safer than the disease. It's not like a normal treatment where the person is already sick and doing better than the problem is easier.
For example even if the "severe problems" rate is 0.1% that means 1 million out of 1 billion will be affected. Whereas 0.1% for a cancer treatment is pretty darn good
I'm actually half serious about the wearable server thing. Add thought macro tech, location/area servers and we can do that virtual telepathy/telekinesis thing.
Unfortunately I'm not confident AMD will have great success in whatever they're trying to do with ARM servers. Maybe if Facebook and Google like what they are making.
AMD wants them for dense servers. The CPUs are aimed at the mobile market. Wearable servers FTW!
We'll be doing our virtual telepathy and telekinesis using SOAP, Java, XMPP, etc. Maybe they should add hardware acceleration for base64 encode/decode and XML compression/decompression;).
You really think those sociopaths controlling the USA won't take action for their own sakes? Their lifestyle would be severely degraded if a large enough asteroid hits the earth.
Action has been taken without the voter consent plenty of times.
Libertarians believe that bankers will behave when they're accountable to their customers
Libertarians believe that companies who "doctor" their drugs will fail by popular opinion.
Yeah and so Libertarians believe that voters will vote with their wallets every day better than they vote once every X years. Fools.
Libertarians also believe that it's quantity of government that matters not quality. Fools again. A small corrupt government in collusion with corrupt large corporations will screw you just as well. Just look at those countries with weak small governments and corporations taking advantage of that.
Quite a high percentage I think. Many kids when they get a job, start a family, etc stop spending time on 12 hour gaming marathons every weekend.
Then they buy an ipad with angry birds for the kids and themselves.
I know many of my peer group who used to play a lot, and they don't now that they have kids. Maybe when their kids get older the kids will start going into console/pc games.
Maybe if he puts a solar charger on it and labels it official-looking enough - asset tags, stickers etc, they might think it's one of theirs and leave it there.;)
Slashdot Mirror
Why should Disneyland be taxed on the materials? B2B is not taxed. Only B2C:
Business-to-business purchases for the production of goods and services are not taxed.
(all related quotes from http://www.fairtax.org/site/PageServer?pagename=FAQs )
As for the yacht the company only pays tax if the yacht is for personal use. If the yacht is a corporate yacht rented out for corporate events or revenue generation- it's business to business not personal.
It all depends on how the following is actually implemented:
Although it does not prohibit businesses from providing taxable property or services as gifts, prizes, rewards, or as remuneration for employment, the gift, reward, etc. is considered to be the conversion of property or services from business use to personal use and is therefore taxable.
Given that B2B is explicitly not taxed, I bet there'll be plenty of grey areas there where the tax lawyers can find a way to earn their keep.
Under the FairTax, savings and investments are not taxed at all.
I interpret that to mean you don't pay a sales tax when you buy shares in a company.
So if they don't write it tight enough, the yachts, planes etc could be rented from subsidiaries owned by some entity in the XYZ Islands or wherever. So Mr Billionaire pays sales tax on the rental amount - there is no transfer of yacht ownership at all. Mr Billionaire doesn't use the yacht on a daily basis - just rents it out for a few days a year, so it "clearly isn't treated as his private property", in fact he may not even rent the same yacht every year - could be a different yacht. During the other 99% of the year the subsidiary company is using it for their marketing and promotional purposes (as clearly shown by the ads and stuff on it).
See:
Under the FairTax, for an item to be considered "used" it must be:
(1) purchased before the FairTax is enacted, or
(2) the FairTax on the item must have been previously paid.
So if I were a billionaire I'll buy what I want before the enactment and rent the rest after enactment.
The main leakage will probably be the Mrs/Girlfriend insisting on owning her handbags, etc (which probably would be wise when she ends up being ex-Mrs/GF).
Can't fix the latency problem though. NZ isn't exactly close to many other significant countries.
So NZ has got to be significantly cheaper to offset the fact that response times are going to be higher. Should be even more noticeable if you use https.
Yeah. I think also that the power savings for this tech are in the standby time, not in the active/talk time.
So it won't help much in increasing battery life when you are using the device a lot. But it should help if you're leaving your phone in standby and in "airplane mode". As for standby but not in "airplane mode" it depends on what percentage of standby consumption is due to polling the station(s).
If I understand it correctly it would mean that Apple (as a company) won't pay any taxes at all.
And the rich could probably avoid being taxed on some stuff by attending more company promotional and marketing events. You'll still get them on private dinners at expensive restaurants etc, but not on the big ticket items - yachts, planes, maybe even property (Disney won't have to pay tax on Disneyland, the tax is just on the people buying the tickets right?).
It's not theft if it's legal and if the legislators are democratically elected.
Saying it's theft is as stupid as saying fines and penalties are theft. If too many voters voted for the wrong people they all get the punishment they deserve.
Don't like the rules, try to change them, or go somewhere else.
All California sales tax paid by Amazon will be directed to Patterson and San Bernardino where Amazon is building warehouses. These cities are/were planning to rebate 75%-80% of the sales back to Amazon.
Hey, it's to encourage Amazon to create all these warehouse jobs in the state:
https://www.youtube.com/watch?v=6KRjuuEVEZs
BTW, I think it shouldn't be too difficult to eventually replace the human's job in this video:
https://www.youtube.com/watch?v=CWNuaPE4DTc
But there's no need for a telescoping snorkel for the car to submerge.
Of course. Many 4WDs have them.
https://www.youtube.com/watch?v=LmldDB7Tly0
See also: https://www.youtube.com/watch?v=IkTw7J-hGmg
But this is crazy since the car definitely isn't designed for it:
https://www.youtube.com/watch?v=FN6apdmKOLs
If the virtualization stuff works then they can be cheap and save money for a decade or more, they might have problems around 2038 if they somehow keep using it.
The issue is if vmware etc stop providing legacy virtual hardware.
Plural of anecdote is data. As for 0.1% it was just an example to show why a mass vaccine has to be much safer than treatments for those who are already sick. Sorry if that wasn't clear to you.
They'll find other jobs, just like the buggy whip makers.
That's what the free market capitalists like to say anyway.
Your anecdotal experience is not relevant.
Not getting flu vaccine is an entry for the Darwin award.
You really should trust science.
That's stupid. Plenty of people survive flu without needing a vaccine. And many of those don't even suffer very much from the disease. If they don't end up sterile or dead they don't qualify for a Darwin award.
As for anecdotal experience being not relevant, it is relevant for a mass vaccine. Because it will be applied to millions or even billions of people. Even if only 0.1% die from the treatment that means 7 million people die out of 7 billion. 0.1% is good for other treatments where the person is already sick. Not for vaccines where most people getting it aren't already sick.
The ones who don't get run over by buses are more likely to be the ones who pay attention to what's around them or the ones who never leave the house
That's why quarantine works pretty well against most contagious diseases. They have to evolve to not kill so fast and maybe not produce so obvious symptoms.
In theory if everyone had 2 weeks supply of food and water (haha) you could issue a mass quarantine order and wait for a killer flu to burn out.
I'd stick to risking flu then. I don't suffer from flu very often, I might get it, but it's rarely a big deal. Colds are not a big problem for me either. Take a zinc+C supplement for a few days and I feel reasonably OK during that time.
To me any vaccine that's going to be applied to "everyone" had better be much safer than the disease. It's not like a normal treatment where the person is already sick and doing better than the problem is easier.
For example even if the "severe problems" rate is 0.1% that means 1 million out of 1 billion will be affected. Whereas 0.1% for a cancer treatment is pretty darn good
I'm actually half serious about the wearable server thing. Add thought macro tech, location/area servers and we can do that virtual telepathy/telekinesis thing.
Unfortunately I'm not confident AMD will have great success in whatever they're trying to do with ARM servers. Maybe if Facebook and Google like what they are making.
AMD wants them for dense servers. The CPUs are aimed at the mobile market. Wearable servers FTW!
;).
We'll be doing our virtual telepathy and telekinesis using SOAP, Java, XMPP, etc. Maybe they should add hardware acceleration for base64 encode/decode and XML compression/decompression
And see how successful the Sun T2/T1 was. By the time they launched their crap Intel was beating them on performance/watt and performance/watt/$$.
If AMD are really going ARM for the server market it's desperate clutching for straws.
It has to be some other market or they are committing suicide.
The difference was not using Siri was less of a problem. Decent maps and map functionality have become a requirement for many smartphone users.
OK, so it can double as a garage heater in winter.
I wonder if it can double as a hard disk drive eraser too ;).
Hopefully it won't accidentally spin objects and cause damage.
You really think those sociopaths controlling the USA won't take action for their own sakes? Their lifestyle would be severely degraded if a large enough asteroid hits the earth.
Action has been taken without the voter consent plenty of times.
Libertarians believe that bankers will behave when they're accountable to their customers
Libertarians believe that companies who "doctor" their drugs will fail by popular opinion.
Yeah and so Libertarians believe that voters will vote with their wallets every day better than they vote once every X years. Fools.
Libertarians also believe that it's quantity of government that matters not quality. Fools again. A small corrupt government in collusion with corrupt large corporations will screw you just as well. Just look at those countries with weak small governments and corporations taking advantage of that.
Quite a high percentage I think. Many kids when they get a job, start a family, etc stop spending time on 12 hour gaming marathons every weekend.
Then they buy an ipad with angry birds for the kids and themselves.
I know many of my peer group who used to play a lot, and they don't now that they have kids. Maybe when their kids get older the kids will start going into console/pc games.
Well a lot of them do it on purpose (usually not the dying part, but with some of them it's hard to tell).
https://www.youtube.com/watch?v=5oOahULB08E
https://www.youtube.com/watch?v=gRp8mjYzBwI
They might need to come up with better tech for the real big storms - e.g. special quick releases that work even if you get tangled up a bit.
His catching up with the missus might not be that quiet either... Assuming they're doing it right... ;)
Maybe if he puts a solar charger on it and labels it official-looking enough - asset tags, stickers etc, they might think it's one of theirs and leave it there. ;)