No one is going to see this anymore but you're hardly correct. I got a spreadsheet of tax return data from 2012 on the IRS website. Here are some gross assumptions....The spreadsheet has a row for the $200k - $500k bracket. I'm going to assume that row and all the lower brackets make their money mainly on salary and get taxed at the normal rates (up to 35% at the highest bracket). Being generous, everyone above that is making all their money on captial gains and getting taxed at the 15% rate. If you add up these two groups contributions, the less than $500k put in about $765B and the more than $500k group put in $423B. Thus,
Their 15% goes a LOT further than some people's 100%.
is only true if you count the under $50k tax brackets. The vast majority is coming from the upper middle class, not the super rich.
Now to handle those assumptions. The table also shows the effective tax rate and it peaks at $1M-$2M so the balance is actually skewed much more against the capital gains crew.
Other interesting facts: The $10M or more tax bracket's effective rate is less than the $200k-$500k. The lower group paid out well over twice the amount the super high end group did. If the $10M+ bracket paid the same rate as the highest group (28%, an increase of 6%) they would owe an extra $30B. If you put the same 6% increase on poor people (everyone making less than $40k) you'd only get an extra $27B and likely put a shitload of them on the street since at that income you're probably living paycheck to paycheck.
Until the economy runs on percentages and not dollars, the fact that "rich" people pay a smaller percentage is irrelevant.
There are 33M returns in the under $40k bracket and 17000 in the above $10M. If you were running a country that needed an extra $30B, would you take it from the 33,000,000 that are struggling or from the 17,000 who came out with an average of $24,000,000 after taxes last year? If you're not a psychopath, the fact that the "rich" pay a smaller percentage is quite relevant.
Then you won't have the problem of people who don't pay taxes voting to raise the tax rate on those that do.
Sweet. Now how about the problem of rich people paying for congressmen to lower their taxes? The super rich already got their effective income tax lowered to ~15% as is, whats going to stop them from finagling a $5M house exemption?
"Every complex problem has a solution thats clear, simple, and wrong"
-- Someone
I'll start with the obvious:
2013 US GDP: $17 T (10% = $1.7 T)
2013 US Bugdet: $3.45 T
As to whats fair, the rich would love your flat tax. 10% of a poor family's monthly income can be a weeks worth of food. 10% of most 1%ers monthly income is...sitting around somewhere because the boat is already gassed up and full of booze. "Oh Oh but they earned their money"... thanks to the often overlooked service provided by the government: a stable society in which poor people are doing just well enough to not rise up and tear down the castles. If a tax is going to be fair it needs to be progressive./can of worms
But how many people with LA degrees have mastered these?
How many people with B.S. degrees have mastered any of their core competencies*? The vast majority of skills I use day to day as an EE I learned or mastered on the job. Pretty much everyone I knew in college started their careers with lots of training or menial tasks.
*of which there are apparently far fewer of than in LA
Its not like Nevada is paying Tesla a billion dollars. From the summary it only looks like the state is building a road at their own expense. If all the tax rates stayed in place with the factory, then sure they'd have a ton of extra money. But without the tax breaks, Tesla would have likely chosen some place else so nevada wouldn't get that money anyway.
You're right about the big picture though. I'd really like to see a detailed analysis of tax havens to find out if it really helps out anyone in the country besides a few shady politicians at the top. Last I heard, Ireland, etc, weren't doing so hot economically.
As an astronaut, I wonder which would appeal to me more? The "Exciting Choice" or the "Safe Choice?"
More importantly, which one is which? Why would Boeing's design be inherently safer than SpaceX? Or by "safe" are they saying that boeing has almost 100 years experience funneling government money into executive bonuses so they are a safe bet to win the contract?
Ha! You trolls are hilarious...and fascinating. So many unrelated individuals all acting pretty much exactly the same. Whats your thought process in posting? "Oh Oh! Let me just type nuh-uh and say names. That will show him good and I will have made my day that much better. I have achieved something today!"
And because I just can't resist you charming little scamps....one could argue that going from over-whaling to NOT over-whaling does indeed constitute a change regardless of the impetus. Would it pick right back up? Doubtful because the market no longer exists, which funny enough, is also a change.
In closing I wish you well in your upcoming sophomore year of high school. Feel free to tell all your classmates about the victory you achieved today.
Its totally possible to make changes in human behavior to minimize or reverse destructive impacts on ecosystems. Obviously every scenario will be different but lets keep it up!
Lose what? Our attention? Putin will control russia till he dies. Officially, he doesn't control any other countries so if he "backs down" (From what? He's denying russian involvement right??) the only thing that will happen is his cronies will get their foreign assets unfrozen.
And if they did have a dump truck with $970 million, wouldn't that be enough to "give it technology to compete with video-streaming rivals Netflix and YouTube"?
Some observations: 1) Does it really take $970million to write a bunch of web apps? 2) How come developers and engineers aren't getting it? 3) I thought tech companies could only spend their money in units of $Billions 4) Hopefully someone at Twitch got fired for losing out on that last $30million. Losers...
What's the percentage of white male computer-science and technical graduates?
To do anything but hire according to that percentage would be an act of sexism or racism.
Using that criteria is all well and good if your sole market is computer-science and technical graduates or your only products are algorithms. But if you're making general consumer products and are trying to sell to a more diverse market (i.e. the world) its probably not the worst idea to have more cultures represented. In other words, the top tech grads are not necessarily the most qualified applicants to design and sell products to a marketplace as diverse as earth.
Perhaps not but its certainly worth following up on a previously unknown phenomenon that may or may not affect the global food supply. Your math showing an apparently small concentration doesn't take into account the biology of any creature living in the ocean. You haven't shown there isn't a problem.
We live in an era where people in charge have very little accountability to the masses. "The Mob" no longer puts fear into politicians or business community. As such "maybe I shouldn't do this nefarious yet legal deed because it could end up with guillotine" check is no longer there.
All things considered, that's probably for the best. "The Mob" has a spotty record when it comes to serving justice.
The gas powered cars that can break the records set by these gimmicks
Gas powered cars that don't use their engine and are propelled by batteries and electricity alone can break electric propulsion records set by pure EV's? That's amazing! I bet if they took out the heavy gas engines since they're not using them, they'd go even farther.....and by farther I mean nowhere. Apple and Orange, meet troll.
Right, because gas powered cars built specifically to break speed/efficiency records are so much more practical...oh wait, they're also worthless for everything but breaking records and look just like this one. Good thing some of that engineering knowledge transfers over to consumer vehicles.
And in case you missed it, several Tesla's have already made cross country road trips. It might take 30 min to charge but 3 years ago it took 12 hours. Why would you want to go to sleep now and miss all the exciting rapid development? Do you sleep through movies to watch the credits?
Oh come on, this post was clearly written by the CEO of microsoft because they started the layoff ball rolling without knowing where to stop it. We should hold off on discussing this topic until we work out a deal to split the executive board's salary amongst us!
Maybe they're just starting out with proving the design. From what I've read, all recent mars landing sites have been vetted by years of study by competing teams of researches and finally selected by expert committees based on maximum potential of interesting results.
Perhaps I shouldn't have went for subtlety when attempting to burn karma. Nevertheless, I'm amused that/.ers don't know what the world's oldest profession is and at the same time probably need its services more than anyone.
Yeah but this girl actually wants to do something with her life so how about forgetting the latest technology and looking for careers with proven track records. Does anyone know what the worlds oldest profession is? Maybe she can do that?
I'm repeating a few things others have said in reply to your post but adding on here to help fill up your/. side bar...
1) Like the first guy said, your chart shows sea ice area is clearly near the bottom. The summary says "trending near", not absolute lows. So you proved that point for them.
2)Your temperature graph shows quite a bit of white but on the whole, there is a lot more red tint than blue, especially considering the scale is over +/- 10C. Ask any 5 year old what the main color is for the ocean and they'll say red. Its obviously abnormally warm.
Every now and then I go down your "informed skeptic" rabbit holes to make sure I didn't miss anything in my personal conclusion that AGW is real and a problem, but every time the data YOU present always ends up refuting your point. Whats your game in all this?
Oh come on, the "SCIENTISTS ARE ALL MONEY GRUBBING SCAMMERS" crowd is just as big nowadays. And holy smokes! The sun can dry things even in the winter??? I wonder if there are any other strange atmospheric effects happening that you don't (or won't) understand? But hey, congratulations on your mom's sweater.
It's been five years for me, and I have an unused front loader dryer for sale.
Wow you like to be really really really really sure about stuff. Why not sell it 4 years ago for more money? How many hours did you waver on pressing submit on that post?
And good for you that China smog doesn't reach you. But it accounts for 12-24% (from a study in Proceedings of the National Academy of Sciences) of the smog in LA...6500 miles from china. Just because it doesn't reach Chicago thats ok? I think we'd do well to help reduce 20% of the pollution in a state that contributes 8% of the US GDP.
I don't believe in MMGW, and I don't believe we can change global climate.
But it's stupid not to scrub carbon from coal plants, put cleaner water back into the the environment than we take out,
Then why do you care about reducing carbon? Its going to cost you more money and ZOMG JOBS. Its concentration is still far too low to affect how we breathe, just something you don't "believe" in. The thing is it doesn't matter what you believe. Either its happening or its not and all the evidence points to "happening". But I'm glad you agree with the old saying "don't shit where you eat". Thats a start and if everyone takes it to heart maybe thats all we'll need.
What the OP is saying is that many novice people will wander by the display, think it is cool, and buy it on an impulse.
How many people are going to spend $3000 (or even $1300) on something they know almost nothing about after "wandering by"? If its more than zero, Makerbot should partner with local divorce attorneys.
Slashdot Mirror
Their 15% goes a LOT further than some people's 100%.
is only true if you count the under $50k tax brackets. The vast majority is coming from the upper middle class, not the super rich.
Now to handle those assumptions. The table also shows the effective tax rate and it peaks at $1M-$2M so the balance is actually skewed much more against the capital gains crew.
Other interesting facts: The $10M or more tax bracket's effective rate is less than the $200k-$500k. The lower group paid out well over twice the amount the super high end group did. If the $10M+ bracket paid the same rate as the highest group (28%, an increase of 6%) they would owe an extra $30B. If you put the same 6% increase on poor people (everyone making less than $40k) you'd only get an extra $27B and likely put a shitload of them on the street since at that income you're probably living paycheck to paycheck.
Until the economy runs on percentages and not dollars, the fact that "rich" people pay a smaller percentage is irrelevant.
There are 33M returns in the under $40k bracket and 17000 in the above $10M. If you were running a country that needed an extra $30B, would you take it from the 33,000,000 that are struggling or from the 17,000 who came out with an average of $24,000,000 after taxes last year? If you're not a psychopath, the fact that the "rich" pay a smaller percentage is quite relevant.
Source: http://www.irs.gov/uac/SOI-Tax...
Then you won't have the problem of people who don't pay taxes voting to raise the tax rate on those that do.
Sweet. Now how about the problem of rich people paying for congressmen to lower their taxes? The super rich already got their effective income tax lowered to ~15% as is, whats going to stop them from finagling a $5M house exemption?
"Every complex problem has a solution thats clear, simple, and wrong"
-- Someone
/can of worms
I'll start with the obvious:
2013 US GDP: $17 T (10% = $1.7 T)
2013 US Bugdet: $3.45 T
As to whats fair, the rich would love your flat tax. 10% of a poor family's monthly income can be a weeks worth of food. 10% of most 1%ers monthly income is...sitting around somewhere because the boat is already gassed up and full of booze. "Oh Oh but they earned their money"... thanks to the often overlooked service provided by the government: a stable society in which poor people are doing just well enough to not rise up and tear down the castles. If a tax is going to be fair it needs to be progressive.
Don't most ships these days have propellers?
But how many people with LA degrees have mastered these?
How many people with B.S. degrees have mastered any of their core competencies*? The vast majority of skills I use day to day as an EE I learned or mastered on the job. Pretty much everyone I knew in college started their careers with lots of training or menial tasks.
*of which there are apparently far fewer of than in LA
Its not like Nevada is paying Tesla a billion dollars. From the summary it only looks like the state is building a road at their own expense. If all the tax rates stayed in place with the factory, then sure they'd have a ton of extra money. But without the tax breaks, Tesla would have likely chosen some place else so nevada wouldn't get that money anyway.
You're right about the big picture though. I'd really like to see a detailed analysis of tax havens to find out if it really helps out anyone in the country besides a few shady politicians at the top. Last I heard, Ireland, etc, weren't doing so hot economically.
As an astronaut, I wonder which would appeal to me more? The "Exciting Choice" or the "Safe Choice?"
More importantly, which one is which? Why would Boeing's design be inherently safer than SpaceX? Or by "safe" are they saying that boeing has almost 100 years experience funneling government money into executive bonuses so they are a safe bet to win the contract?
Ha! You trolls are hilarious...and fascinating. So many unrelated individuals all acting pretty much exactly the same. Whats your thought process in posting? "Oh Oh! Let me just type nuh-uh and say names. That will show him good and I will have made my day that much better. I have achieved something today!"
And because I just can't resist you charming little scamps....one could argue that going from over-whaling to NOT over-whaling does indeed constitute a change regardless of the impetus. Would it pick right back up? Doubtful because the market no longer exists, which funny enough, is also a change.
In closing I wish you well in your upcoming sophomore year of high school. Feel free to tell all your classmates about the victory you achieved today.
Its totally possible to make changes in human behavior to minimize or reverse destructive impacts on ecosystems. Obviously every scenario will be different but lets keep it up!
Lose what? Our attention? Putin will control russia till he dies. Officially, he doesn't control any other countries so if he "backs down" (From what? He's denying russian involvement right??) the only thing that will happen is his cronies will get their foreign assets unfrozen.
And if they did have a dump truck with $970 million, wouldn't that be enough to "give it technology to compete with video-streaming rivals Netflix and YouTube"?
Some observations: 1) Does it really take $970million to write a bunch of web apps? 2) How come developers and engineers aren't getting it? 3) I thought tech companies could only spend their money in units of $Billions 4) Hopefully someone at Twitch got fired for losing out on that last $30million. Losers...
What's the percentage of white male computer-science and technical graduates?
To do anything but hire according to that percentage would be an act of sexism or racism.
Using that criteria is all well and good if your sole market is computer-science and technical graduates or your only products are algorithms. But if you're making general consumer products and are trying to sell to a more diverse market (i.e. the world) its probably not the worst idea to have more cultures represented. In other words, the top tech grads are not necessarily the most qualified applicants to design and sell products to a marketplace as diverse as earth.
They have not shown it is a problem.
Perhaps not but its certainly worth following up on a previously unknown phenomenon that may or may not affect the global food supply. Your math showing an apparently small concentration doesn't take into account the biology of any creature living in the ocean. You haven't shown there isn't a problem.
We live in an era where people in charge have very little accountability to the masses. "The Mob" no longer puts fear into politicians or business community. As such "maybe I shouldn't do this nefarious yet legal deed because it could end up with guillotine" check is no longer there.
All things considered, that's probably for the best. "The Mob" has a spotty record when it comes to serving justice.
The gas powered cars that can break the records set by these gimmicks
Gas powered cars that don't use their engine and are propelled by batteries and electricity alone can break electric propulsion records set by pure EV's? That's amazing! I bet if they took out the heavy gas engines since they're not using them, they'd go even farther.....and by farther I mean nowhere. Apple and Orange, meet troll.
Right, because gas powered cars built specifically to break speed/efficiency records are so much more practical...oh wait, they're also worthless for everything but breaking records and look just like this one. Good thing some of that engineering knowledge transfers over to consumer vehicles.
And in case you missed it, several Tesla's have already made cross country road trips. It might take 30 min to charge but 3 years ago it took 12 hours. Why would you want to go to sleep now and miss all the exciting rapid development? Do you sleep through movies to watch the credits?
Oh come on, this post was clearly written by the CEO of microsoft because they started the layoff ball rolling without knowing where to stop it. We should hold off on discussing this topic until we work out a deal to split the executive board's salary amongst us!
Maybe they're just starting out with proving the design. From what I've read, all recent mars landing sites have been vetted by years of study by competing teams of researches and finally selected by expert committees based on maximum potential of interesting results.
Perhaps I shouldn't have went for subtlety when attempting to burn karma. Nevertheless, I'm amused that /.ers don't know what the world's oldest profession is and at the same time probably need its services more than anyone.
Yeah but this girl actually wants to do something with her life so how about forgetting the latest technology and looking for careers with proven track records. Does anyone know what the worlds oldest profession is? Maybe she can do that?
...unless you really bought into Kurzweil's book
I'm repeating a few things others have said in reply to your post but adding on here to help fill up your /. side bar...
1) Like the first guy said, your chart shows sea ice area is clearly near the bottom. The summary says "trending near", not absolute lows. So you proved that point for them.
2)Your temperature graph shows quite a bit of white but on the whole, there is a lot more red tint than blue, especially considering the scale is over +/- 10C. Ask any 5 year old what the main color is for the ocean and they'll say red. Its obviously abnormally warm.
Every now and then I go down your "informed skeptic" rabbit holes to make sure I didn't miss anything in my personal conclusion that AGW is real and a problem, but every time the data YOU present always ends up refuting your point. Whats your game in all this?
Oh come on, the "SCIENTISTS ARE ALL MONEY GRUBBING SCAMMERS" crowd is just as big nowadays. And holy smokes! The sun can dry things even in the winter??? I wonder if there are any other strange atmospheric effects happening that you don't (or won't) understand? But hey, congratulations on your mom's sweater.
People can live without a clothing dryer.
It's been five years for me, and I have an unused front loader dryer for sale.
Wow you like to be really really really really sure about stuff. Why not sell it 4 years ago for more money? How many hours did you waver on pressing submit on that post?
And good for you that China smog doesn't reach you. But it accounts for 12-24% (from a study in Proceedings of the National Academy of Sciences) of the smog in LA...6500 miles from china. Just because it doesn't reach Chicago thats ok? I think we'd do well to help reduce 20% of the pollution in a state that contributes 8% of the US GDP.
I don't believe in MMGW, and I don't believe we can change global climate.
But it's stupid not to scrub carbon from coal plants, put cleaner water back into the the environment than we take out,
Then why do you care about reducing carbon? Its going to cost you more money and ZOMG JOBS. Its concentration is still far too low to affect how we breathe, just something you don't "believe" in. The thing is it doesn't matter what you believe. Either its happening or its not and all the evidence points to "happening". But I'm glad you agree with the old saying "don't shit where you eat". Thats a start and if everyone takes it to heart maybe thats all we'll need.
What the OP is saying is that many novice people will wander by the display, think it is cool, and buy it on an impulse.
How many people are going to spend $3000 (or even $1300) on something they know almost nothing about after "wandering by"? If its more than zero, Makerbot should partner with local divorce attorneys.