Why don't they all (U.S. included) just fix their existing tax laws so that these companies can't use loopholes and accounting tricks to launder their profits through countries like Ireland that give them preferential tax treatment?
Oh, we have an office in Ireland. We sold $100M in Ireland and $10B in the rest of Europe, so we'll just use a bookkeeping sleight of hand to claim all that revenue in Ireland and pay Ireland cents on the Euro. Then we'll "park" all those profits, and the money we didn't pay in the EU in a Cayman Islands bank so that we don't have to bring it into the US and pay US taxes on it. We'll just leave it sitting there indefinitely..
But it's an asset on their books, so they're happy and their share holders seem to be happy/
Actually what is good about keeping $100B sitting in a Cayman Island bank? I'm sure it earns interest and all. But it's just sitting there.
If I was a shareholder I'd be screaming bloody murder for a dividend. A fucking big dividend.
The real question is, why is the USA so backwards on these things ?
Your life sounds a lot like mine. The real question is why are so many people outside the US so ignorant about how things work in the US? And why do so many of you keep trying to tell us how backward we are when it's clear you don't even have a clue?
Yes, there are still plenty of dinosaurs writing checks. In a country of 340M where probably at least 80M are over 60 years old there's bound to be a few. I dare say you've got a few over there too, where ever over there is.
Although it's true we still print these silly $1 notes, even when we've got a perfectly good $1 coin and a $2 note. It's nearly as bad as India, with their R10, R20, and R50 notes (worth about 6, 12, and 30 cents respectively. And silly/. will handle £ and € but not the cent sign. 1980 called, it wants ASCII back.)
Is that anything like £10,000?
If it is, why not just write that. The author(s) should learn how to use the features in their computers that let them write things that aren't on their keyboards; like the £ sign. Or learn how to cut-and-paste from some other document FFS.
And if nothing else at least write Pounds. Nobody writes or says 10,000 dollar either.
For FSM's sake, it's the 21st Century.
Those nabobs whining about squandering renewables need to learn about Iceland's renewables. It's all hydro and geothermal. Use it, don't use it. The rivers still run, the ground is still hot.
People are going to mine bitcoin. Frankly I can't think of a better place to do it.
The most common connotation in my half century of speaking English is that they somehow _barely_ did it. At the last minute, with duct tape and baling wire. And who knows, they might not be able to do it again.
Whereas if they "got Linux running on it", then just say it plainly: they got Linux running.
I mean WTF, this is like saying someone's "sorta pregnant." No, they're either pregnant or they're not. There is no half pregnant. There is no "managed to run it.". It's running. Case closed. End of Discussion.
I use AirBNB all the time. Has always worked for me, and my hosts have always been nice,....
I guess you don't have a name that sounds oriental, or Indian, or black.
And FWIW, I'm none of those, and my one and only experience with AirBnB was shitty. After taking my reservation months in advance, including a deposit, the owner backed out at the last minute because all the sudden he was going through a divorce. I had to scramble to book something else at considerably more expense.
Corporate AirBnB's response: oh, that's too bad. Sorry for the inconvenience.
So no thanks. I'm well enough off that a few extra dollars to stay in a real hotel is well worth it.
The more you tighten your grip, the more... will slip through your fingers.
I finally gave up playing the FB game. I haven't posted. I haven't liked anything. I haven't read any shares in couple months now. I've been tempted to post, but I always stop short of pressing the button. I just look at the pictures that my friends who haven't figured out Instagram post.
Nothing drove home more how much of a game it was when a friend tried to shame me recently for not wishing him happy birthday on FB. For years I sent him, and several other friends (email) birthday wishes on their birthdays. Never got a response to any of those. Never got birthday wishes from them in return either on my birthday. (But I'm not bitter.) After years of that I finally gave up; figuring they didn't care about birthday wishes.
But now that it's a FB game to see how many pokemon, er, I mean likes you can collect they're all about the birthday wishes. So no, I'm not playing the FB Game any more.
wow. Yes, giving people all the health care they want almost certainly would bankrupt the nation. But that isn't what the PP wrote.
Someone with cancer that needs chemo is not, as near as I can tell, also getting a boob job, their teeth straightened, and a hip replacement. You're just playing on people's emotions with what is essentially a false premise. I smell a Russian troll.
I grew up in California. Well into the 80s you could actually ride the cable cars without waiting in line for hours or taking out a second mortgage. You could even find a parking spot at Fisherman's Wharf.
And the Shrub before him. If you're a conspiracy theorist you can even claim W let the WTC attacks happen just so he could get this (and a whole lot of other things.)
Slashdot Mirror
Why don't they all (U.S. included) just fix their existing tax laws so that these companies can't use loopholes and accounting tricks to launder their profits through countries like Ireland that give them preferential tax treatment?
Oh, we have an office in Ireland. We sold $100M in Ireland and $10B in the rest of Europe, so we'll just use a bookkeeping sleight of hand to claim all that revenue in Ireland and pay Ireland cents on the Euro. Then we'll "park" all those profits, and the money we didn't pay in the EU in a Cayman Islands bank so that we don't have to bring it into the US and pay US taxes on it. We'll just leave it sitting there indefinitely..
But it's an asset on their books, so they're happy and their share holders seem to be happy/
Actually what is good about keeping $100B sitting in a Cayman Island bank? I'm sure it earns interest and all. But it's just sitting there.
If I was a shareholder I'd be screaming bloody murder for a dividend. A fucking big dividend.
... "well they should re-train as programmers ..." ...
Just like all the buggy whip makers did.
A 5lb bag, a 10lb bag, or a 25lb bag?
(A 2K bag, a 4K bag, or 10K bag for most of the world.)
Inquiring minds want to know.
The real question is, why is the USA so backwards on these things ?
Your life sounds a lot like mine. The real question is why are so many people outside the US so ignorant about how things work in the US? And why do so many of you keep trying to tell us how backward we are when it's clear you don't even have a clue?
Yes, there are still plenty of dinosaurs writing checks. In a country of 340M where probably at least 80M are over 60 years old there's bound to be a few. I dare say you've got a few over there too, where ever over there is.
Although it's true we still print these silly $1 notes, even when we've got a perfectly good $1 coin and a $2 note. It's nearly as bad as India, with their R10, R20, and R50 notes (worth about 6, 12, and 30 cents respectively. And silly /. will handle £ and € but not the cent sign. 1980 called, it wants ASCII back.)
You need to get out of Poland more often.
Americans like me haven't written checks (or cheques) in years. And several of my cards have contactless, and I use it.
I suspect that I am not alone in this respect.
What the fraud rate would have been if we'd done what we should have done and gone to Chip&Pin?
Even though I have PINs on all my cards, only Target uses it. Even in Europe and India my cards comes up "signature", not PIN.
But if the fraud rate is low now, that probably only means that the crims haven't figured out how to defraud it – yet.
P.S. I'm still waiting for restaurants to get the portable readers that the wait staff bring to my table and my card never leaves my sight.
Teaching children how to write a program – Software Development – would be far better IMO, and it's a little more specific than "computer skillz".
Then if that piques their curiosity––
Lest I appear to be a Luddite, I think AI could be a great thing.
But it's only going to be used to drive every last bit of profit out of everything, and some people are going to lose their jobs as a result.
Is that anything like £10,000?
If it is, why not just write that. The author(s) should learn how to use the features in their computers that let them write things that aren't on their keyboards; like the £ sign. Or learn how to cut-and-paste from some other document FFS.
And if nothing else at least write Pounds. Nobody writes or says 10,000 dollar either.
For FSM's sake, it's the 21st Century.
You do know Foxconn is Taiwanese. They aren't exactly keen on being subservient to the Chinese government.
Foxconn may be Taiwan-based, but Apple iPhones are assembles at their factories in mainland China.
I imagine that Foxconn is at the mercy of the PRC government for permission to do anything: e.g. build factories, employ people, etc.
I plan to live forever.
That was my plan too. Once.
I've learned though that Mother Nature has a different plan. And fighting it is a losing proposition.
But I hope things work out for you.
After that I'll be gone and won't care.
Is also cheap electricity to mine bitcoin.
Those nabobs whining about squandering renewables need to learn about Iceland's renewables. It's all hydro and geothermal. Use it, don't use it. The rivers still run, the ground is still hot.
People are going to mine bitcoin. Frankly I can't think of a better place to do it.
You can't win.
You can't break even.
You can't even quit the game.
You don't have to be a Nazi to enforce the laws that are already on the books.
OTOH demonizing immigrants is one hallmark of a Nazi.
Having your brownshirts beat the crap out of people at your rallies is another.
The most common connotation in my half century of speaking English is that they somehow _barely_ did it. At the last minute, with duct tape and baling wire. And who knows, they might not be able to do it again.
Whereas if they "got Linux running on it", then just say it plainly: they got Linux running.
I mean WTF, this is like saying someone's "sorta pregnant." No, they're either pregnant or they're not. There is no half pregnant. There is no "managed to run it.". It's running. Case closed. End of Discussion.
I use AirBNB all the time. Has always worked for me, and my hosts have always been nice, ....
I guess you don't have a name that sounds oriental, or Indian, or black.
And FWIW, I'm none of those, and my one and only experience with AirBnB was shitty. After taking my reservation months in advance, including a deposit, the owner backed out at the last minute because all the sudden he was going through a divorce. I had to scramble to book something else at considerably more expense.
Corporate AirBnB's response: oh, that's too bad. Sorry for the inconvenience.
So no thanks. I'm well enough off that a few extra dollars to stay in a real hotel is well worth it.
Who "owned" Armonk and White Plains. Or Microsoft in Seattle and Redmond before Amazon arrived on the scene.
The more you tighten your grip, the more ... will slip through your fingers.
I finally gave up playing the FB game. I haven't posted. I haven't liked anything. I haven't read any shares in couple months now. I've been tempted to post, but I always stop short of pressing the button. I just look at the pictures that my friends who haven't figured out Instagram post.
Nothing drove home more how much of a game it was when a friend tried to shame me recently for not wishing him happy birthday on FB. For years I sent him, and several other friends (email) birthday wishes on their birthdays. Never got a response to any of those. Never got birthday wishes from them in return either on my birthday. (But I'm not bitter.) After years of that I finally gave up; figuring they didn't care about birthday wishes.
But now that it's a FB game to see how many pokemon, er, I mean likes you can collect they're all about the birthday wishes. So no, I'm not playing the FB Game any more.
... deny people care that need it.
versus
... gives people all the health care they want ...
wow. Yes, giving people all the health care they want almost certainly would bankrupt the nation. But that isn't what the PP wrote.
Someone with cancer that needs chemo is not, as near as I can tell, also getting a boob job, their teeth straightened, and a hip replacement. You're just playing on people's emotions with what is essentially a false premise. I smell a Russian troll.
Lyft is saying they'll have driverless cars by 2020, IIRC.
What happens then if I'm passed out drunk in a driverless Lyft?
Just ask Lincoln, Teddy Roosevelt, or Eisenhower.
We all love Capitalism. Except when we hate it.
I grew up in California. Well into the 80s you could actually ride the cable cars without waiting in line for hours or taking out a second mortgage. You could even find a parking spot at Fisherman's Wharf.
Sigh
And the Shrub before him. If you're a conspiracy theorist you can even claim W let the WTC attacks happen just so he could get this (and a whole lot of other things.)
ayup. They can vote for him in 2019 and 2021. I support that.