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User: Enigma2175

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  1. Nope, that's not how dividends are taxed. Most dividends paid by US companies are qualified dividends, which are taxed at the same rate as capital gains. If a company can't pay qualified dividends they would usually do a stock buyback rather than paying a dividend, this will give raise the stock price and give investors a capital gain.

  2. Re:Yeah - you need to already be wealthy.... on Former Uber Employees Have Gone Into Debt To Hang Onto Shares They Can't Sell (qz.com) · · Score: 0

    To be fair, many of the things that require one to be an accredited investor are risky as all hell. So is Uber stock, honestly.

    What the hell are you talking about? Risky as all hell? If you have an income over 200k for 2 years and expect to have that income going forward or if you have over $1 million in assets, you are an accredited investor. How is making a lot of money "risky as all hell"? You can also be an accredited investor if you are a broker, financial adviser or have a financial education. Like the parent said, "little guys can't play".

  3. Re: Ah yes the secret to simplicity on Does Systemd Make Linux Complex, Error-Prone, and Unstable? (ungleich.ch) · · Score: 1

    My init.d was about 13 scripts big which were readable and editable.

    What distro was that? With what services.

    My boring old Debian Squeeze has 79 scripts in init.d

    Hell, my Debian Squeeze (with systemd) has 42!

    On a bog-standard web server I manage, systemd lists over 300 services with many more config files than that associated with it. It's way too complex for its own good. My big problem with systemd is that it fails to do simple jobs that init did just fine, like mounting NFS shares on boot. Never had a problem with it in the past, but as soon as I started using distros with systemd my shares no longer get mounted and the log file is silent regarding the reason. Hours of searching led to a lot of suggestions for things to "try" ("Oh, you need x-systemd-automount in your fstab options" or "You didn't set x-systemd.device_timeout correctly!") but nothing fixes the problem. It's a really easy task (read fstab, mount anything you see in there) but for some reason systemd just can't handle it. The shares mount just fine after boot with a mount -a, but then systemd will randomly unmount them (again, with no logged reason why). I ran into similar problems with other simple tasks. If you are going to replace an existing system with something that has an "everything including the kitchen sink" philosophy, you should at least make the new tool accomplish the same simple tasks as the tool you are replacing.

  4. Re:We Can Has Freedom? on 'Face Reality! We Need Net Neutrality!' Crowd Chants Across the Country (arstechnica.com) · · Score: 1

    I think part this whole myth that corporations are people comes from people like CajunArson being completely uneducated about the differences between various legal entities and the motivations/benefits/voluntary restrictions that come with them. For example I highly doubt they know the difference between a LLP and a LLC or LC or a C corp or a proprietorship.

    No, it comes from Supreme Court rulings that give corporations rights that were previously only held by individuals, like the right to free speech. The Citizens United decision is a good example. Corporate Personhood is not just some internet meme that was dreamed up by conspiracy theorists, it's a long-standing legal doctrine.

    For example, in Providence Bank v. Billings, Chief Justice Marshall stated: "The great object of an incorporation is to bestow the character and properties of individuality on a collective and changing body of men."

    In section 1 of the United States Code, it says "In determining the meaning of any Act of Congress, unless the context indicates otherwise—the words "person" and "whoever" include corporations, companies, associations, firms, partnerships, societies, and joint stock companies, as well as individuals;"

    Heck, the GOP presidential candidate in 2012 said "Corporations are people, my friend".

    Here's a great article on the history and current status: https://en.wikipedia.org/wiki/...

  5. Re:Government is a coercive organization on 'We Could Fund a Universal Basic Income With the Data We Give Away To Facebook and Google' (thenextweb.com) · · Score: 1

    Your statement implied that there were no armed robberies for the past 2 years ("When was the last robbery in Germany that involved a weapon (knife or a stick ... most certainly not a gun)? It is December 6th now ... definitely not this year. And I can not remember a case last year."), I clearly showed that there were armed robberies in the past year in Germany. I don't need "others" to prove my point.

  6. Re:Government is a coercive organization on 'We Could Fund a Universal Basic Income With the Data We Give Away To Facebook and Google' (thenextweb.com) · · Score: 2

    When was the last robbery in Germany that involved a weapon (knife or a stick ... most certainly not a gun)? It is December 6th now ... definitely not this year.

    Here's an armed (yes, with a gun) bank robbery from this year, as a bonus he got into a gunfight with police:
    http://www.dw.com/en/german-po...

    Here's an armed (yes with a gun) bank robbery from this year, this one took hostages:
    https://www.express.co.uk/news...

    Here's a group of armed (yes, with submachine guns) people who robbed several million euros from a bank this year:
    https://www.thelocal.de/201702...

    I think I have proven my point, just because you aren't aware of armed robberies happening in Germany doesn't mean they don't happen. Get over your self-righteous attitude.

  7. Re: Government is a coercive organization on 'We Could Fund a Universal Basic Income With the Data We Give Away To Facebook and Google' (thenextweb.com) · · Score: 1

    How does that help? The lobbyists already own the state representatives, they are MUCH cheaper than federal reps. Instead of being beholden to campaign contributors, the Senators would be beholden to state reps who are beholden to the campaign contributors. It just adds a middleman to the process, and from past experience I can say once a middleman is added he is never going to leave. To quote Rod Blagojevich, "I've got this thing [senate seat appointment] and it's fucking golden, and, uh, uh, I'm just not giving it up for fuckin' nothing. I'm not gonna do it. "

  8. Re:Reality of All Billionaires on The Winklevoss Twins Are Now Bitcoin Billionaires (theverge.com) · · Score: 1

    It's those evil wealthy people that invest in companies and hire employees, that buy expensive products and who pay the majority of the bill for the social safety net. And yet people keep accusing them of not paying their "fair share" when they are already paying their share along with a lot of other peoples' share.

    Do they pay the majority of the bill for the social safety net? People who carry water for the wealthy often cite the percentage of the federal income tax that the wealthy pay (which is going down greatly under the new tax plan), but most of the safety net (Social Security and Medicare) are not paid from income tax revenue. Since Social Security is only paid on the first $127k of income, wealthy people end up paying a much lower percentage of their income for this tax than the middle class. The Medicare tax hasn't historically been progressive (however, it recently added a 0.9% addition for incomes over a certain level) so wealthier people pay a similar percentage of their income compared to other people. So just exactly what part of the social safety net is the rich paying "the majority of the bill for"?

  9. Re:lost bitcoins on Elon Musk Says He Is Not Bitcoin's Satoshi Nakamoto (bloomberg.com) · · Score: 1

    There was a story on this yesterday, the researchers claimed the lost number of coins is in the neighborhood of 4 million.

    https://news.slashdot.org/stor...

  10. Re: No surprise at all - it's about the stock pric on Is Elon Musk Greatly Exaggerating Tesla's Battery Technology? (bloomberg.com) · · Score: 2

    That Prius electric technology is so successful it is now integrated into many of Toyota's lines. More importantly, those lines are actually profitable, and aren't over priced, overly limited vehicles, that suck up govt tax payer money to manufacture.

    I know the "Musk is only successful because of subsidies" meme is popular around here but you know that Prius buyers took advantage of tax credits too, right? It's not like Tesla is the only company to "suck up govt tax payer money to manufacture". Toyota gladly accepts subsidies just like all the other car manufacturers. The only place Tesla is unique is that their entire line is eligible for the tax credit instead of a subset like the other manufacturers.

  11. Re:So a cold might financially ruin me? on Should Brokers Use 'Voice Prints' For Stock Transactions? (cnbc.com) · · Score: 1

    If car accidents are making you hoarse, you probably need to stop giving so much road head.

  12. Re:We Should Focus On Our Own People on Foreign Students Have Begun To Shun the United States (axios.com) · · Score: 2

    I'm sorry, but what has Google contributed to society that's apparently so unique and unreproducible that we need to act like Sergey Brin and Larry Page are gods? Long before Google we had dozens of Search Engines. Perhaps without their "help" we would have a thriving Internet ecosystem instead of a monopoly on so many online services. We should be honoring people like the Wright Brothers, not some university grads that put together yet another copycat website.

    I don't think the Google founders are gods, but the reason we don't have dozens of search engines anymore is because Google was way better than they were. I remember the days of Lycos and WebCrawler and AltaVista, they were terrible at giving relevant results. Google became the biggest search engine because they were the best. It wasn't just a "copycat website", it did the job way better than the existing companies. Perhaps without their "help" (nice scare quotes!) we would still only have terrible search engines and walled gardens like AOL.

  13. non-genetic circumstances (inheritance, lottery, lucky investment)

    One could argue that the likelihood of getting an inheritance is genetic.

  14. Re:OK so riddle me this: on Elon Musk's 'Scientific Method' (rollingstone.com) · · Score: 1

    He's not building a tunnel that will leave his property, I'm nearly 100% sure of this.

    Obviously you didn't read the article:

    "We're interrupted by Teller, Musk's chief of staff, who informs him that as we were talking, the Hawthorne City Council ended an hours-long debate with a 4-to-1 vote allowing Musk to burrow his tunnel two miles into the city."

    With the lag in publishing an article, he probably already has gone past the boundary of his property.

  15. Re:Nuclear waste? on Germany Is Burning Too Much Coal (bloomberg.com) · · Score: 1

    So a launch each year would add 10 cents to the price of each kWh.

    So you are proposing to double the price of electricity to do something that has questionable benefit. Nuclear plants are having problems being competitive now, how could they ever hope to compete if their price doubled? Even the current "plan" of on-site dry-cask storage of used fuel assemblies has a much lower probability of causing problems than trying to launch them into space. We have a large amount of uninhabited land in the US, we just need to suck it up and create a long-term repository (or bypass Harry Reid and use Yucca Mountain). It will be much cheaper and much safer than trying to launch tons of hot material on a spacecraft with no flights (hence no safety record).

  16. Re:A celestial tax haven is next? on Asgardia Becomes the First Nation Deployed in Space (cnet.com) · · Score: 2

    Actually, a little more than 8,500 cubic meters have been mined (165,000 metric tons, a cubic meter of gold is 19.3 tons). At current prices, that's around $8.5 trillion.

  17. Ugh, I apologize. I didn't realize that the article's headline blamed Trump for this. Although I think he's a danger to the country and possibly the worst president we've ever had, there's no reason to blame him for shit he didn't actually do. There's plenty of stuff that he does do to warrant criticism, no reason to make stuff up.

  18. The $58 million satellite was dismantled in 2016

    So what you're saying is that Trump used his Russian-made Temporal Collusion Time Machine to go back to before he was in office, and destroyed it. Please try to get all these details out, OK?

    Nice strawman, but neither the post you are replying to or the story said anything at all about Trump. You are the only person to mention him. Please try to get your facts straight and take your lithium before posting, OK?

  19. Re:Higher taxes go where? on 'The Second Gilded Age Is Upon Us' (theguardian.com) · · Score: 1

    With the removal of the personal exemption and the elimination of deductions for state taxes most people in the middle class will no longer be able to itemize deductions so it's effectively an elimination of the mortgage interest deduction for them as well. Don't worry though, the rich will still be able to deduct the mortgage on their homes and also on their second homes, who cares if the worker bees no longer can? And now the GOP is talking about removing the deduction for 401k contributions to pay for the top bracket's cut, so it's another screwjob for the middle class. Don't forget the elimination of the estate tax and the alternative minimum tax, that is a hefty chunk of change that has to be paid for. All so that Trump's children can have more money then they could possibly spend in a lifetime (not like they wouldn't anyway, it's not like the estate tax is 100%).

    Tax cuts my ass, if their proposals pass my taxes will increase by over 40% so that the rich can get richer even faster than they already are.

  20. There has to be some advantage to them to do this.

    Most likely to avoid the layoff notice requirements in California law.

  21. Re:Oh... NOW slashdot posts about the email scanda on Congress Opens Probe Into FBI's Handling of Clinton Email Investigation (arstechnica.com) · · Score: 2

    Couldn’t be bothered when it happened or even discuss it but now the GOP Congress is investigating it - slashdot bothers to post an article about how this is just to deflect from the Trump Russia investigation.

    Are you fucking retarded? There were tons of stories posted to /. about this. Like this one:
    https://news.slashdot.org/stor...
    Or this one:
    https://politics.slashdot.org/...
    Or this one:
    https://news.slashdot.org/stor...
    Or this one:
    https://yro.slashdot.org/story...
    Or this one:
    https://tech.slashdot.org/stor...
    Or this one:
    https://politics.slashdot.org/...

    Or any of dozens of other stories. Are you really so deluded that you just block this shit out of your memory or are knowingly posting shit like this to get people to believe your "alternative facts"? It amazes me that people lie about stuff that can be fact-checked so easily, but I guess it's just an example of "follow the leader".

  22. If you jackasses don't edit anything, quit calling yourselves "editors". "Slashdot monkeys" or "Slashvertisement facilitators" would be more appropriate.

  23. Re:Banks have been automating since the ATM on Bankers Publicly Embracing Robots Are Privately Fearing Job Cuts (bloomberg.com) · · Score: 1

    According to BLS [bls.gov], there are 8.4 million people employed in the US financial sector, and this is expected to go up by half a million in the next 10 years.

    I believe you are reading that table wrong. It shows 7,979,500 jobs in "Financial Activities" in 2014, and estimates that there will be 8.4 million in 2024. In 2004 there were 8.1 million in that industry, so the number of jobs actually fell while the US population went from 293 million to 319 million, so a much smaller percentage of the population is working in that industry. Even with the projected rise in total jobs by 2024, it is projected to be an even smaller percentage of the population, all while doing a lot more than they did in the past. Banks used to only do deposit accounts and loans, they are now doing a lot more things with a smaller workforce than before (and making a lot more profits than they were in the past).

    I don't think your example illustrates the point you were trying to make, in fact I think the statistics you provided show the opposite. You're not wrong on your specific point (teller jobs have actually increased since the introduction of the ATM, citation here: http://www.aei.org/publication... ) but the data you provided certainly didn't illustrate that. Although that seems like it might be changing, from the article I linked: "Indeed, according to the Labor Department, employment of tellers is projected to decline 8% over the next decade. "

  24. Re: We all know this is comming on Bankers Publicly Embracing Robots Are Privately Fearing Job Cuts (bloomberg.com) · · Score: 1

    I notice in both your examples (poor neighborhood vs. well-off) it was the teens/young adults that were the problem. Perhaps the problems you see with idleness are not caused by idleness at all, perhaps they are just a function of immaturity. I would not be lighting stuff on fire or blowing up mailboxes even if I had no job, because I am a reasonable person with an appropriate level of maturity. There is a huge cohort of people who don't have jobs (we call them "retired") and there isn't a huge problem with them blowing shit up or setting fires. Just because you see a correlation with idleness and antisocial behavior doesn't mean there is causation.

  25. Re: Never heard of him before. on Ask Slashdot: What Is Your Favorite William Gibson Novel? · · Score: 1

    Bullshit. You claim you were using the word "Cyberspace" in 1982? Not only using it, but seeing so much of it that it sickened you? Sorry, that's just hard to believe.