What is ingenious about IBM is the fact that IBM is essentially using the R&D in its consumer-electronics division (that builds processors for game consoles and other toys) to advance R&D in the business-oriented high-performance-processor/high-end-server division. Building electronics for toys has actually strengthened non-toy products.
It may be ingenious, but there's only one division (STD, I kid you not, unless they've renamed it again...)
From the description of the way a seller uses Checkout to obtain payment it is not at all clear how someone who simply sells on eBay and does not otherwise have a web presence can use the new service.
It looks to me like they're targeting PayPal's high-end business, not eBay powersellers....
Charitable deductions are not affected by the AMT.
However, the charitable deduction itself is limited to 50% of your AGI (30% for certain charities). See http://www.irs.gov/publications/p526/index.html for more than you ever wanted to know about it...
What we should do is make it as easy as possible to start and run businesses. Pass the Flat Tax so we won't have to waste so much time and money figuring out how to comply with the tax code.
It's not the computation of the % of your profit you owe in taxes that makes things complicated, it's figuring out what your profit was to begin with. Flat tax doesn't help with that (unless you're proposing a flat tax on gross receipts, in which case kiss low-margin industries like groceries goodbye...)
If I pay into unemployment, I want the assurance of knowing that there is going to be money available when I am the one unemployed
You don't pay into unemployment. Your employer does.
(Waiting for all the cries of "but if the employer's didn't they would pay you the difference instead" - yes, in a perfect, frictionless economic world they might. In this one they wouldn't...)
I've got an infinite number of transparent terminals up on the desktop already. Each time I start one I can't find the damn close icon to shut it down...
The WSJ is making tens of millions with their archive
I wonder how many people subscribe to the WSJ online for today's articles and how many subscribe for the archive. I've had a subscription for several years but almost never search the archive.
I might pay for a NYT online subscription, but probably not as much as the WSJ charges, and I probably wouldn't use the NYT's archives any more than I do the WSJ's.
If I were interested in the archives, $50 for all I can eat would tempt me more than $2.95 per scoop...
I paid over $10K in Federal Income Taxes last year, $3600 in Social Security Taxes, and $860 in Medicare taxes
Your numbers don't add up.
$3600 in OASDI implies a W-2 taxable income of just over $58K (3600/.062 = 58064); $860 in Medicare gives one of just over $59K (860/.0145 =59310). Let's use the higher figure.
You mention a "family", so I conclude you are married. Let's assume no kids. Standard deduction for married filing jointly is $9700, plus $6200 in exemptions gives taxable income of $43410, tax of $5799.
Perhaps meal/housing allowances aren't taxable for FICA but are for FIT. MFJ tax bill of $10K implies taxable income of at least $66K, or adjusted gross of at least $81,900, which would make the allowances $38,500/year or over $3K/month, which seems high to me.
Did you have a boatlaod of capital gains, perhaps?
In all of your examples, because you owe more than $1000, you will also be subject to penalties for underwithholding, and interest if you adopt plan B...
By conservation of energy, shouldn't the moving object have to shed the amount of energy it aqcuired while falling towards 0,0 in its escape from the mass at 0,0, leaving it with the same velocity "afterwards" as it had "previously"?
Straight popular vote has disadvantages as well (if they cook up a few million dead votes in Chicago, it can directly affect the outcome).
Much better in my view would be to retain the electoral college, but follow the examples of Maine and Nebraska and give one vote to whomever wins a particular congressional district, plus two for the overall winner of the state. (Note, however, that in practice neither Maine nor Nebraska has split its vote since they've had this system in place.)
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Is electrical service subject to VAT in India?
National Science Foundation budget would be more appropriate.
Plenty of military exploits in the Bible....
It may be ingenious, but there's only one division (STD, I kid you not, unless they've renamed it again...)
I'm confused. Does that make the damn thing 6.4GHz, 28.8GHz, or 57.6GHz?
From the description of the way a seller uses Checkout to obtain payment it is not at all clear how someone who simply sells on eBay and does not otherwise have a web presence can use the new service.
It looks to me like they're targeting PayPal's high-end business, not eBay powersellers....
Of course not. They go for the cuisine....
Aaaaaaaaaaaaaaahhhhhh!!!
Charitable deductions are not affected by the AMT.
However, the charitable deduction itself is limited to 50% of your AGI (30% for certain charities). See http://www.irs.gov/publications/p526/index.html for more than you ever wanted to know about it...
It's not the computation of the % of your profit you owe in taxes that makes things complicated, it's figuring out what your profit was to begin with. Flat tax doesn't help with that (unless you're proposing a flat tax on gross receipts, in which case kiss low-margin industries like groceries goodbye...)
If you've really got a cotton tree, I'll buy it...
You may be using Imperial gallons....
...
1 US gallon = 3.78 ltr
1 gallon in the Netherlands = $6.06
Still high, of course....
Why let that stop you?
They did, in Eldred. We lost...
"longetivity"
Is that like relativistic longitude?
You don't pay into unemployment. Your employer does.
(Waiting for all the cries of "but if the employer's didn't they would pay you the difference instead" - yes, in a perfect, frictionless economic world they might. In this one they wouldn't...)
Still waiting? Why?
I've got an infinite number of transparent terminals up on the desktop already. Each time I start one I can't find the damn close icon to shut it down...
I wonder how many people subscribe to the WSJ online for today's articles and how many subscribe for the archive. I've had a subscription for several years but almost never search the archive.
I might pay for a NYT online subscription, but probably not as much as the WSJ charges, and I probably wouldn't use the NYT's archives any more than I do the WSJ's.
If I were interested in the archives, $50 for all I can eat would tempt me more than $2.95 per scoop...
Your numbers don't add up.
$3600 in OASDI implies a W-2 taxable income of just over $58K (3600/.062 = 58064); $860 in Medicare gives one of just over $59K (860/.0145 =59310). Let's use the higher figure.
You mention a "family", so I conclude you are married. Let's assume no kids. Standard deduction for married filing jointly is $9700, plus $6200 in exemptions gives taxable income of $43410, tax of $5799.
Perhaps meal/housing allowances aren't taxable for FICA but are for FIT. MFJ tax bill of $10K implies taxable income of at least $66K, or adjusted gross of at least $81,900, which would make the allowances $38,500/year or over $3K/month, which seems high to me.
Did you have a boatlaod of capital gains, perhaps?
I understand FSF asserts a program that dynamically links to a GPL library is a derived work of that library, hence subject to the GPL.
I have tried without success to discover the legal reasoning behind that assertion. Anybody know?
>>But yeah, the target is to owe $999 at the end
>Huh? Why?
Owing (rather than getting a refund) means you can earn interest on the money for a year rather than letting Uncle Sam have it.
$999 is the most you can owe without having to pay penalties and interest for underpayment.
I was going to give the figure in Turkish Lira, but bc won't support the requisite number of digits...
In all of your examples, because you owe more than $1000, you will also be subject to penalties for underwithholding, and interest if you adopt plan B...
By conservation of energy, shouldn't the moving object have to shed the amount of energy it aqcuired while falling towards 0,0 in its escape from the mass at 0,0, leaving it with the same velocity "afterwards" as it had "previously"?
I never could get this straight...
Straight popular vote has disadvantages as well (if they cook up a few million dead votes in Chicago, it can directly affect the outcome).
Much better in my view would be to retain the electoral college, but follow the examples of Maine and Nebraska and give one vote to whomever wins a particular congressional district, plus two for the overall winner of the state. (Note, however, that in practice neither Maine nor Nebraska has split its vote since they've had this system in place.)
So that's why Bush pronounces it the way he does...