You realize sales tax is tax deductible, right? Beyond that, you're just advocating trickle down economics which doesn't freaking work. If it did, we wouldn't have 1% of the population controlling 90% of the nations wealth (and growing). And yes, Bill Gates and Warren Buffet both gave away a massive amount of money. However, they haven't had much success getting other billionaires to follow suit, something Buffet openly explained din his letter to the white house. Seems most of them have no interest in actually benefiting society, just growing their own hordes. Also, don't forget that rich people in general pay significantly less in taxes (by percentage), because they make most of their earnings off of capital gains (taxed at a flat 15%) instead of wages (taxed on graded scale, starting at 10% and progressing up to and above 35%). This means, on average, they contribute less by percentage. That slack is then pushed down on to lower income earners to make up the difference.
The tax is supposed to be based off of Buffet's recommendations, which would include both capital gains AND income. The issue was that capital gains were taxed at a flat 15% versus the graded system for income. Most of the mega-rich don't earn any income, they do however earn millions in capital gains and dividends yearly. Hopefully it makes it through the way buffet suggested without getting too bastardized.
Actually, Mr. Millionaire probably has the corporation chartered in Scotland, where there is no taxes on business. Therefore all earnings made by the trucks are taxed at scotland's rate of 0%. So no he probably doesn't pay taxes on those trucks.
Thats the heart of the matter, and its what Warren Buffet was talking about in his open letter. The super rich earn their entire living (in most cases) off of capital gains and dividends which are taxed at a flat 15%. If they have no "work" income, that's all they pay. As far as I know they don't pay into social security since that comes from payroll taxes. Or SSI. Or any of those other things you see coming out of your paycheck each week (I could be wrong, if I am please let me know). Compare that to someone like me who has 25% of their work wages taken in taxes, and then has 15% of my capital gains taken on investments. I lose significantly more of my income than a rich person who lives on investments will, and it has a far more drastic effect on my spending ability. What Buffet suggested makes sense - either change the way Capital Gains taxes are done, or throw everything into "total income" instead of considering them separate things for tax purposes. Its not class warfare, its equalizing things. I have a hell of a lot of respect for Buffet, the guy was a smart kid who built himself up from scratch, and he has probably one of the most sober views on finance out there.
Do you realize society got along just fine with legal drugs for centuries - it wasn't until the late 1800's/early 1900's that prohibition became a big thing. Guess what came out of prohibition of alcohol - organized crime and bootleggers. What has come from the prohibition of drugs? A booming underground industry. Lets also not forget that one of our founding fathers and first presidents, George Washington, was an avid pot smoker, grower, and distributor - just read his letters to his gardener at mount Vernon in reference to "Indian Hemp" - aka Cannabis Sativa. Should we have shot him too?
I wish more than the simple abstract was available, I'm greatly interested to find out more in how they've done it. All I can seem to glean is they came up with some sort of cancellation technology. I'm going to assume its CSMA/CA evolved. Should be some neat tech if its not hyped media stuff.
Its really not a sad day for the tech world. Its a sad day for marketers, that's all. Jobs had almost no engineering ability whatsoever. His contribution to the first two Apple computers went so far as "make the power supply this color." Wozniak was the real original Genius. To this day it continues going that way. He's a great marketer, but no tech guy. He's also patent-trolling slime.
I'm assuming there will be some aftershocks - probably nothing too harsh though. Honestly it was the first time I ever felt a quake... kind of surprised that it was less violent. Kind of felt like standing on a train going over uneven track. I feel a touch queasy.
They just upgraded it to 5.9. Felt it here on the 39th floor of my company's building. At first I thougth I was having a panic attack or something, then I realized everyone else was trying to figure out what was going on (the building is tall enough to catch wind sometimes, so it isn't abnormal to feel a brief shake). We ran to the window (engineers know better than to hide in doorways!) and verified that the water in the pool on top of the building next door was shimmying, indicating some definite motion was going on. Now I just feel a little queasy. Weird experience.
The first amendment guarantees freedom of speech and peaceful assembly. You don't have a right to public transit, that is a privilege. Please check the constitution.
I think it received them. This issue appears to be that valid emails either got lost in the shuffle, disrupting business, or else they maxed out their email storage causing valid emails to get bounced. Either way, unless there was malintent on the part of the union, its no different than receiving a few hundred paper letters and either A) crushing all of the valid mail that's already in the mailbox into an unrecognizable form or B) filling up the mailbox so much that new letters can't fit in anymore.
Yeah, and the Talmud says that all gentiles should be slaughtered like livestock. Your point? You are a xenophobic, small minded sheep bleating what your occidental media tells you to. Look at things from all sides before you continue; you're literally saying that 1 in 4 people in the planet is an evil, barbaric killer.
Hmm, let's see... Christian's have the Westboro baptist church, the Irish Republican Army, just to name two. In Judaism there was Irgun which was so out of control that Britain had to wash its hands of Palastine, setting the state for the modern Israeli/Palastinian conflict. All religions have crazy zealots. Islam is not special.
You realize that the religion you're talking about consists of between 1.5-2 billion people, right? And if 2 billion people fell under your broad generalization the world as we know it simply would fall into utter anarchy - especially if they had all "gone rioting" as you suggest. Just because a few bad representatives are tainting public opinion doesn't mean that the majority are normal, benevolent folks who just want to enjoy their lives. Stop being such an orientalist.
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You realize sales tax is tax deductible, right? Beyond that, you're just advocating trickle down economics which doesn't freaking work. If it did, we wouldn't have 1% of the population controlling 90% of the nations wealth (and growing). And yes, Bill Gates and Warren Buffet both gave away a massive amount of money. However, they haven't had much success getting other billionaires to follow suit, something Buffet openly explained din his letter to the white house. Seems most of them have no interest in actually benefiting society, just growing their own hordes. Also, don't forget that rich people in general pay significantly less in taxes (by percentage), because they make most of their earnings off of capital gains (taxed at a flat 15%) instead of wages (taxed on graded scale, starting at 10% and progressing up to and above 35%). This means, on average, they contribute less by percentage. That slack is then pushed down on to lower income earners to make up the difference.
The tax is supposed to be based off of Buffet's recommendations, which would include both capital gains AND income. The issue was that capital gains were taxed at a flat 15% versus the graded system for income. Most of the mega-rich don't earn any income, they do however earn millions in capital gains and dividends yearly. Hopefully it makes it through the way buffet suggested without getting too bastardized.
Actually, Mr. Millionaire probably has the corporation chartered in Scotland, where there is no taxes on business. Therefore all earnings made by the trucks are taxed at scotland's rate of 0%. So no he probably doesn't pay taxes on those trucks.
Thats the heart of the matter, and its what Warren Buffet was talking about in his open letter. The super rich earn their entire living (in most cases) off of capital gains and dividends which are taxed at a flat 15%. If they have no "work" income, that's all they pay. As far as I know they don't pay into social security since that comes from payroll taxes. Or SSI. Or any of those other things you see coming out of your paycheck each week (I could be wrong, if I am please let me know). Compare that to someone like me who has 25% of their work wages taken in taxes, and then has 15% of my capital gains taken on investments. I lose significantly more of my income than a rich person who lives on investments will, and it has a far more drastic effect on my spending ability. What Buffet suggested makes sense - either change the way Capital Gains taxes are done, or throw everything into "total income" instead of considering them separate things for tax purposes. Its not class warfare, its equalizing things. I have a hell of a lot of respect for Buffet, the guy was a smart kid who built himself up from scratch, and he has probably one of the most sober views on finance out there.
I'm sure there has to be a Ray Bradbury story about this somewhere.
Agreed - hard to believe this is from still frames.
You'll come to find a lot of vendors are like that.
Remove the profit (ie - legalize it) - and the entire point of their operation goes away. No profit, no drug cartel, no more drug cartel violence.
Hey you, you're not allowed to make sense here - this is slashdot!
Do you realize society got along just fine with legal drugs for centuries - it wasn't until the late 1800's/early 1900's that prohibition became a big thing. Guess what came out of prohibition of alcohol - organized crime and bootleggers. What has come from the prohibition of drugs? A booming underground industry. Lets also not forget that one of our founding fathers and first presidents, George Washington, was an avid pot smoker, grower, and distributor - just read his letters to his gardener at mount Vernon in reference to "Indian Hemp" - aka Cannabis Sativa. Should we have shot him too?
Emacs > Vi (and Vim too).
Awesome links, thank you!!
I wish more than the simple abstract was available, I'm greatly interested to find out more in how they've done it. All I can seem to glean is they came up with some sort of cancellation technology. I'm going to assume its CSMA/CA evolved. Should be some neat tech if its not hyped media stuff.
Its really not a sad day for the tech world. Its a sad day for marketers, that's all. Jobs had almost no engineering ability whatsoever. His contribution to the first two Apple computers went so far as "make the power supply this color." Wozniak was the real original Genius. To this day it continues going that way. He's a great marketer, but no tech guy. He's also patent-trolling slime.
SHORT SELL!!!!!!111!!!!
Yup, got the confirmation from twitter.
I'm assuming there will be some aftershocks - probably nothing too harsh though. Honestly it was the first time I ever felt a quake... kind of surprised that it was less violent. Kind of felt like standing on a train going over uneven track. I feel a touch queasy.
They just upgraded it to 5.9. Felt it here on the 39th floor of my company's building. At first I thougth I was having a panic attack or something, then I realized everyone else was trying to figure out what was going on (the building is tall enough to catch wind sometimes, so it isn't abnormal to feel a brief shake). We ran to the window (engineers know better than to hide in doorways!) and verified that the water in the pool on top of the building next door was shimmying, indicating some definite motion was going on. Now I just feel a little queasy. Weird experience.
The first amendment guarantees freedom of speech and peaceful assembly. You don't have a right to public transit, that is a privilege. Please check the constitution.
Auto-dialing != email spam. You don't dial to send an email.
I think it received them. This issue appears to be that valid emails either got lost in the shuffle, disrupting business, or else they maxed out their email storage causing valid emails to get bounced. Either way, unless there was malintent on the part of the union, its no different than receiving a few hundred paper letters and either A) crushing all of the valid mail that's already in the mailbox into an unrecognizable form or B) filling up the mailbox so much that new letters can't fit in anymore.
Yeah, and the Talmud says that all gentiles should be slaughtered like livestock. Your point? You are a xenophobic, small minded sheep bleating what your occidental media tells you to. Look at things from all sides before you continue; you're literally saying that 1 in 4 people in the planet is an evil, barbaric killer.
Or the Salem witch hunts :)
Hmm, let's see... Christian's have the Westboro baptist church, the Irish Republican Army, just to name two. In Judaism there was Irgun which was so out of control that Britain had to wash its hands of Palastine, setting the state for the modern Israeli/Palastinian conflict. All religions have crazy zealots. Islam is not special.
You realize that the religion you're talking about consists of between 1.5-2 billion people, right? And if 2 billion people fell under your broad generalization the world as we know it simply would fall into utter anarchy - especially if they had all "gone rioting" as you suggest. Just because a few bad representatives are tainting public opinion doesn't mean that the majority are normal, benevolent folks who just want to enjoy their lives. Stop being such an orientalist.