Returns with extraordinarily high reported incomes pay at least some level of income tax 99.8% of the time, as of 2001. Total tax paid as a proportion of adjusted gross income ("AGI") averaged 27.4% for this group. (By contrast, 27.2% of all individual tax returns in 2001 showed no income tax at all, and the average tax as a proportion of AGI for all taxpayers was 15.2%.)
Returns with very high levels of income typically account for a substantial proportion of all federal individual income taxes paid. By the IRS's 2003 estimate, the 400 returns with the most AGI in 2000 alone accounted for 1.58% of all U.S. individual income taxes paid. These 400 returns reported at least 86 million USD in AGI.2
Rich does not need medicare, social security, walfare, nor do they need public defenders.
A worthless friend of my wife just got pragnent by a equally worthless guy (who lives with his mom and is too lazy to hold onto a job). She will end up with medicate and walfare and she does not pay a cent in tax (she doesn't have a job right now, she quit her past jobs for various BS reasons). So she puts in zero in taxes for her benifits. So she gets "rewarded" for her moronic actions while rest of us gets punished via tax for working like a responsible citizen.
I think that people who wants to play the market should take a class in accounting or similar courses to learn to read financial statements. I took several accounting courses in hopes of opening my own business someday and I was suprised to find that GAAP allows enough flexablility to inflate or deflate the "earnings" by the companies. I also learned that Statement of Cash Flow often times are more important the Income Statement or Balance Sheet. (A company yachet may be counted as an asset but does nothing to brining in money and most likely to be sold under the book value if company needs cash).
All the day traders I knew during the boom didn't know how to read the financial statements. They just relied on advises of some hot shot, other day traders who knew no better, and their gut feelings.
And you're too gutless to post them again in this thread at the risk of being moderated -1 Redundant?
It's not true karma-whoring until you risk coming back as a Toad on the Information Superhighway.
Since you are one of those people who believes that coporations never pay (or very little) taxes, I sugggest that you go ahead and form a coporation (you can do it in most states for around $100-200) and not pay taxes for the rest of your life. After all, big tax cuts only benifit the coporation so why not take adventage of it? I'm willing to bet that you'll end up behind bars instead.
Take cancer for example. Have you hear of Immunogen? It's developed by British Biotech, not University of So and SO. How about TAP? By SmithKine Beecham.
Beside, I spent a couple of years serving in the student government and learned that many schools are run like a corporation, riddled with politics.
And taking about the defense contractors and knowledge not making back to the public, were do you think that Internet came from?
While I'd consider your answers morally right, I'll have to disagree by the fact that it's in the man's nature to look out for the number one. It's the same reason why true communism will never exist.
So San Francisco is one of the proof that the local government does not always follow the policy of the upper government. Just as Colorado remaining pro-gun even with anti-gun president and Denver remaining anti-gun with pro-gun state government.
So why don't we save money by getting rid of the state and local governments? And why is San Fransco allowing gay marriages while Bush and most of the republicans are against it?
But non-existance of IP would hurt more than help. Besides, copyrights have been around for a while but the world didn't blow up due to it. What we need is a good protected IP rights such as GPL to keep certain ideas free while allowing others to gain from their IP.
Why your statements may work in a idealistic world, it doesn't cut it in the real world. For example...
Pharmaceutical company A spends 10 billion dollars in R&D to create a cure for cancer and does not patent it for the good of the world...
Idealistic world: Other pharmaceutical companies allow company A to recover it's cost and even let it make some profit for the hard work before copying the drug.
Real world: Other companies copy the new cancer drug and sells it a hundred times cheaper then the company A does as they have no need to recover the R&D costs. Company A goes bankrupt.
IP rights is like a tool. It itself is neither good (like GPL) or evil (like SCO). It's all about how you use it.
You got an excellent point there. I doubt that an average knows or cares about open-source software or intellectual property rights. Social security and Medicare are hot topic because they impact the older population the most, which also happens to be the largest voting group.
But isn't GPL also about protecting IP? Otherwise, companies like Microsoft can steal all they want from open-source softwares like Linux and don't give anything back.
The board didn't go with the Comcast offer just because Comcast's bid pushed Disney's share price up. I'm pretty sure that the board will sing a different tune about Eisner once they receive high enough bid.
I did a plain vanilla Exchange 2003 server install and had my share of problems. I added the Exchange 2003 server to the exsisting Exchange 5.5 site (yes, I did the AD connector and other crap that goes along with it per MS's instructions). After moving the mailboxes over to the 2003 server, I noticed that about 20% of users had an empty mailbox that reminded on the 5.5 server dispite the move. I searched the MS Knowledge Base and there answer as pretty much "Things like that happens time to time, copy the mailbox data to.pst file, delete mailbox, recreate, and move the date from.pst file back to the mailbox". I see that as a major pain in the ass.
While you do have a good point, the problem is that the "main check" still involves someone making decisions. If that person is right-leaning, more lawsuits will get thrown out, while a left-leaning person may allow more to pass. Even if we let a computer be the main check, there is always a chance that the programmer may be biased.
Slashdot Mirror
How about this? This is from finance.yahoo.com
Returns with extraordinarily high reported incomes pay at least some level of income tax 99.8% of the time, as of 2001. Total tax paid as a proportion of adjusted gross income ("AGI") averaged 27.4% for this group. (By contrast, 27.2% of all individual tax returns in 2001 showed no income tax at all, and the average tax as a proportion of AGI for all taxpayers was 15.2%.)
Returns with very high levels of income typically account for a substantial proportion of all federal individual income taxes paid. By the IRS's 2003 estimate, the 400 returns with the most AGI in 2000 alone accounted for 1.58% of all U.S. individual income taxes paid. These 400 returns reported at least 86 million USD in AGI.2
We should respect MS copyrights just as we expect MS to respect GPL. Sure MS may be dirty, but we are better than them.
Rich does not need medicare, social security, walfare, nor do they need public defenders.
A worthless friend of my wife just got pragnent by a equally worthless guy (who lives with his mom and is too lazy to hold onto a job). She will end up with medicate and walfare and she does not pay a cent in tax (she doesn't have a job right now, she quit her past jobs for various BS reasons). So she puts in zero in taxes for her benifits. So she gets "rewarded" for her moronic actions while rest of us gets punished via tax for working like a responsible citizen.
Give me a break, Citizens for Tax Justice is a left-wing organization. It's like me quoting PETA figures to discourage eating meat.
I think that people who wants to play the market should take a class in accounting or similar courses to learn to read financial statements. I took several accounting courses in hopes of opening my own business someday and I was suprised to find that GAAP allows enough flexablility to inflate or deflate the "earnings" by the companies. I also learned that Statement of Cash Flow often times are more important the Income Statement or Balance Sheet. (A company yachet may be counted as an asset but does nothing to brining in money and most likely to be sold under the book value if company needs cash).
All the day traders I knew during the boom didn't know how to read the financial statements. They just relied on advises of some hot shot, other day traders who knew no better, and their gut feelings.
Most people use this system.
1. Hype
2. ????
3. Profit
4. Greed
5. Lose everything
Or
1. Wait until it's "safe" to invest (when the market's near the top)
2. Invest
3. Lose everything
Because blank lines compress well.
And you're too gutless to post them again in this thread at the risk of being moderated -1 Redundant? It's not true karma-whoring until you risk coming back as a Toad on the Information Superhighway.
Come on SCO... I'm a Linux user... Sue me so that I can be on the Pepsi commerical.
If I was running IBM, I'd put her in my legal team.
Since you are one of those people who believes that coporations never pay (or very little) taxes, I sugggest that you go ahead and form a coporation (you can do it in most states for around $100-200) and not pay taxes for the rest of your life. After all, big tax cuts only benifit the coporation so why not take adventage of it? I'm willing to bet that you'll end up behind bars instead.
Take cancer for example. Have you hear of Immunogen? It's developed by British Biotech, not University of So and SO. How about TAP? By SmithKine Beecham.
Beside, I spent a couple of years serving in the student government and learned that many schools are run like a corporation, riddled with politics.
And taking about the defense contractors and knowledge not making back to the public, were do you think that Internet came from?
While I'd consider your answers morally right, I'll have to disagree by the fact that it's in the man's nature to look out for the number one. It's the same reason why true communism will never exist.
So San Francisco is one of the proof that the local government does not always follow the policy of the upper government. Just as Colorado remaining pro-gun even with anti-gun president and Denver remaining anti-gun with pro-gun state government.
So why don't we save money by getting rid of the state and local governments? And why is San Fransco allowing gay marriages while Bush and most of the republicans are against it?
But non-existance of IP would hurt more than help. Besides, copyrights have been around for a while but the world didn't blow up due to it. What we need is a good protected IP rights such as GPL to keep certain ideas free while allowing others to gain from their IP.
I'm pretty sure that many of us here in /. love palm.
Why your statements may work in a idealistic world, it doesn't cut it in the real world. For example...
Pharmaceutical company A spends 10 billion dollars in R&D to create a cure for cancer and does not patent it for the good of the world...
Idealistic world: Other pharmaceutical companies allow company A to recover it's cost and even let it make some profit for the hard work before copying the drug.
Real world: Other companies copy the new cancer drug and sells it a hundred times cheaper then the company A does as they have no need to recover the R&D costs. Company A goes bankrupt.
IP rights is like a tool. It itself is neither good (like GPL) or evil (like SCO). It's all about how you use it.
You got an excellent point there. I doubt that an average knows or cares about open-source software or intellectual property rights. Social security and Medicare are hot topic because they impact the older population the most, which also happens to be the largest voting group.
But isn't GPL also about protecting IP? Otherwise, companies like Microsoft can steal all they want from open-source softwares like Linux and don't give anything back.
The board didn't go with the Comcast offer just because Comcast's bid pushed Disney's share price up. I'm pretty sure that the board will sing a different tune about Eisner once they receive high enough bid.
I did a plain vanilla Exchange 2003 server install and had my share of problems. I added the Exchange 2003 server to the exsisting Exchange 5.5 site (yes, I did the AD connector and other crap that goes along with it per MS's instructions). After moving the mailboxes over to the 2003 server, I noticed that about 20% of users had an empty mailbox that reminded on the 5.5 server dispite the move. I searched the MS Knowledge Base and there answer as pretty much "Things like that happens time to time, copy the mailbox data to .pst file, delete mailbox, recreate, and move the date from .pst file back to the mailbox". I see that as a major pain in the ass.
"Active Directory access from Java over LDAP with Kerberos authentication to a Win2K domain controller"
Didn't MS make "special enhancements" to Active Driectory version of LDAP and Kerberos to keep the compatibility to minimum?
While you do have a good point, the problem is that the "main check" still involves someone making decisions. If that person is right-leaning, more lawsuits will get thrown out, while a left-leaning person may allow more to pass. Even if we let a computer be the main check, there is always a chance that the programmer may be biased.
And you left out the part where FTC is investigating Rambus for fraud.
That didn't stop SCO from suing much bigger company like IBM.