Come next election you'll be whining about 'how could people in those flyover shitholes not vote for the party I told them to. It must because they're dumb racistsexisttransphobic hicks'.
Or complaining about how Trump called Haiti a shithole.
These tax incentives are a Prisoner's dilemma. Each state does it because the other states do it, yet they would all be better off if no one did it. It would be a beneficial and legitimate use of the Commerce Clause for the federal government to just ban this economically damaging activity. It would be better and more fair for both states and businesses.
Better for who? The EU forced Ireland to charge Apple tax even though both Ireland and Apple had done a deal where Ireland wouldn't charge it.
The EU ruled it illegal state aid. The Irish government knew that if it was forced to tax Apple, Apple would start to look at other places to put its money.
Then of course Trump came along and took away the advantage for US firms to leave money overseas
If US companies don't get to save money by having cash overseas, they'll probably repatriate it and that would have happened regardless of what the EU decided. Still if the US had not have done that, it's possible that the EU forcing Ireland to have higher taxes than it wanted would have reduced tax revenue.
At some point you need to decide if you want to have Federal rules that stop regions cutting taxes, which will probably result in companies just setting up elsewhere. Or if you want to allow regions to do what they want which will result in some high tax, low economic activity areas and some low tax, high economic activity ones.
I.e. ironically the US is actually less Federalist than the EU when it comes to tax, and that is a good thing.
Look at it this way, You're an individual who normally charges $X per hour. You have no job, but people are offering $Y where Y is less than X. Do you take it? I'd say so long as as Y is above zero, the answer logically should be 'Yes'. And it's hard to claim that some company building a factory and employing 10,000 people is not going to bring in any revenue. Actually in this case it's more like 'they offered me $Y but the government set a minimum wage of $X so I couldn't accept'.
Don't worry Wisconsin is a Republican controlled state. As we all now Republicans are the party of low taxes, small government and restraint in state expenditure. We can therefore rely upon them to vote no to this vast expenditure of money from the state treasury on the grounds that it makes no sense from a business point of view, that it is an intolerable government interference in the workings of the free market and that it is not in harmony with their long treasured Republican ideals of small government and limiting expenditure from the state treasury. Sir, you may rely upon the Republicans to be the voice of reason in this matter.
There are different factions in the GOP. The one that believes in free trade and no subsidies has essentially lost out to a populist wing which wants to use tax and tariff policy to bring jobs back.
Will it work? Well it did for Apple - they were forced to pay US taxes on their offshore cash which convinced them to bring it onshore and invest it.
A mix of tighter controls on immigration, higher tariffs on imports, lower taxes on US companies and higher taxes on US companies overseas operations in low or no tax jurisdictions is being pursued. It's completely the opposite of the free market approach where you have open borders and low tariffs. Both sides aimed at having lower taxes. Trump cut corporate taxes massively and most individual taxes but not by as much as most Republicans would have wanted. That's because the plan had to be revenue neutral so it could be pushed through under reconciliation rules.
Still there have been studies that show that reducing corporate tax rates increase growth. E.g. this one of Canadian provincial governments
We examine the impact of the Canadian provincial governments' tax rates on economic growth using panel data covering the period 1977-2006. We fi nd that a higher provincial statutory corporate income tax rate is associated with lower private investment and slower economic growth. Our empirical estimates suggest that a 1 percentage point cut in the corporate tax rate is related to a 0.1-0.2 percentage point increase in the annual growth rate.
I.e. what Trump is doing is pretty different from standard small government Republican policy.
Patrick Mattimore, a fellow at the Institute for Analytic Journalism, recently published the following article on China's People's Daily Online, headlined: Media badly misplaying Foxconn suicides.
Taiwanese-owned Foxconn has had seven suicides this year. That sounds like a lot, but the firm has an estimated 800,000 workers, more than 300,000 of them at a single plant in Shenzhen.
Although exact figures are hard to come by, even the most conservative estimate for China's suicide rate is 14 per 100,000 per year (World Health Organization). In other words, Foxconn's suicide epidemic is actually lower than China's national average of suicides.
I checked his figures. World Health Organization suicide figures for China (1999) are 13 males and 14.8 females per 100,000 people.
Elderly (65+ years) suicide rates can be as much as 50% higher than youth (18 to 24 years), which means Foxconn's suicide rate, with its younger workforce, should be significantly below the national average.
Let's estimate an average of 10 suicides per 100,000 at Foxconn. Just the Shenzhen Foxconn plant alone, with its 330,000 employees, would be expected to have about 33 suicides this year, or 14 so far.
Foxconn has had just 10 suicides this year, and that's across its entire workforce.
Working at Foxconn dramatically reduces people's risk of suicide!
The Journal of Unethical Research wants your paper!
We pay a fee in either blood diamonds, a voucher for a night with an upcoming Hollywood starlet, uranium or foetal stem cells to the foundation of your choice.
It is strange that the markets can be moved by the analyses/opinions of those who stand to benefit from making the markets move in a particular direction, no?
My favourite example was Warren Buffet who went on the radio to announce he was buying bank stocks because he expected the government to bail them out and that if he didn't think they would do a bailout he'd be selling.
Or they could have a very full cup of Ice 9 suspended above the ocean via a ramshackle contraption maintained by a team of tweakers with shaky hands and stained lab coats and point out what a catastrophe it would be if any escaped and raise funds to improve their containment.
The Indiegogo video would have a cool animation of the Ice 9 apocalypse happening should containment fail. An investigative reporter would grill the scientists, all of whom would seem to be completely loopy. The scientists would point out the great but ill defined promise of the research 'free energy! a cure for cancer!'. When shown the animation of the catastrophe the scientists would find it hard to hide their glee at the POWER of heir work, some going full on Davros. The reporter would end with 'You spent some much time thinking how you could do it you didn't think to ask if you should'.
I'm not suggesting a conspiracy, nefarious or otherwise.
Apple have a notoriously non technical and style conscious user base and I suppose a sealed phone is what they want.
What's irritating is not so much that Apple do it but that other manufacturers see Apple doing it, know that Apple are the 'cool' brand and copy them. Even though they're actually operating in a competitive market and have a more diverse user base, some of whom won't buy their stuff unless it has a removable battery, headphone jack and so on.
And frankly it's hardly surprising that people on 'news for nerds' complain about not being able to swap out batteries or upgrade laptops.
Personally I think it's a shame that MXM never really took off on Windows laptops, but I can see the reasons it didn't. At least on Windows PCs you've got a vast choice of vendors and you can get almost any feature set you want - you could even build a luggable machines with expandable graphics in a micro ITX case. That's not really the case with Android though - the most recent phone I could find with a removable battery that I actually want to buy is the LG V20. People like Essential are launching phones with no removable battery and no headphone jack and wonder why it doesn't sell like an iPhone
Dumbasses. iPhones sell despite their lack of headphone jack, not because of it. Even their user base objects, but they're locked into Apple's ecosystem.
Something's gone radically wrong. It used to be that companies made stuff that consumers wanted. Now they add a bunch of features consumers don't care about, remove the ones they do and rely on the fact that anyone who points out the idiocy of this will be told 'THE MARKET HAS SPOKEN'.
Yeah, enjoy your $800 device that's designed to fail in a year and a half so you need to buy another one.
The V20 is a generation out of date but you can get 'em cheap now. Removable battery and dual SIM too, which is handy if you keep commuting back and forth between countries.
User replaceable batteries or at cost battery replacement of non user replaceable batteries prolongs cell phone life. Which is good for consumers and bad for the manufacturer's profits.
Same with user upgradeable Ram and storage.
Of course this is why Apple and Samsung have moved to non user replaceable batteries. And Apple have moved to soldered Ram and SSD on laptops. Of course neither has been exactly open about the reasons for this and the effect it has on total cost of ownership for users.
Presumably Windows laptop vendors would have moved to soldered everything if they had as much of a market share as Apple have with iOS (100%) and Samsung have with Android.
The interesting thing is that Samsung isn't as dominant as you'd expect
Subjective is right. I got some made to measure shirts in Taiwan which fit like a glove and were hence unwearable. I ended up getting them to clone my favourite shirt which was quite a bit looser and thus wearable with a suit for eight hours in a place which is usually boiling ass hot.
Meanwhile it's not all that hard to buy ready to wear shirts which fit OK.
The problem is not creating clothes that fit like a glove, it's the subjective deviations from that which everyone is used to.
The Science seems sound. Incoming Gaia smiting of humanity for heresy unless we all agree to go vegan and cycle everywhere.
Don't listen to Alt RIght, racist misogynist pro Putin Nazi Trump Terrorists who tell you the left is a church of no salvation. Give up your SUVs, free speech rights, guns and beef and you will enter the promised land just like Cat Lady Ascendancy Hierophant Hillary Clinton did.
The chairman of the banking guild has just announced guild bank recapitalisation and an extended series of open market operations including buying mounts with quantitatively eased cash.
I would find it difficult to believe that Jobs would have allowed the iPhone X's indented top of screen.
Funnily enough it recently occured to me the LG V20's always on dual screen is a much better way of dealing with the problem of needing a cutout for the cameras.
Of course the V20 was mostly ignored by the idiot tech journalists who raved over the iPhone X. Shame really, it's a great phone, if you can still find one.
And in an internal company e-mail obtained by Gizmodo, Prince acknowledged that the decision was exactly as arbitrary as it seemed.
"My rationale for making this decision was simple: the people behind the Daily Stormer are assholes and I'd had enough," Prince wrote. "Let me be clear: this was an arbitrary decision."
Prince wrote that he "woke up this morning in a bad mood and decided to kick them off the Internet. It was a decision I could make because I'm the CEO of a major Internet infrastructure company."
In the same e-mail, Prince argued that it is "dangerous" for that kind of power to be concentrated in any one person's hands.
"It's important that what we did today not set a precedent," Prince added. "The right answer is for us to be consistently content neutral."
In a company blog post that appeared later on Wednesday, Prince argued that the Internet needed a better system for determining which content should be taken down-one that gives publishers a right to due process and doesn't put power over those decisions in the hands of a few CEOs like Prince.
But, of course, the decision is likely to set a precedent even if Prince hopes it's a one-time occurrence. Cloudflare has helped to establish an industry-wide norm that some content is too offensive to be hosted by any mainstream technology company. In the future, the public will suspect that if an infrastructure provides service to a site, it's because they don't actually find it objectionable. This may not be a genie Cloudflare can stuff back into the bottle.
And now Cloudfare have let the genie out of the bottle it seems like any site can be nuked, either because the CEO wakes up deciding to do it or due to a court order.
So much for the Internet 'interpreting censorship as damage and routing around it'.
Andrew Anglin is an asshole but he's also a kind of canary in the coalmine because assholes are the first ones to see their sites disappear when censorship starts. Unfortunately they're unlikely to be the last.
Apple needs a control freak boss in charge to shout at people during the production of its gizmos. Once Jobs died they couldn't find someone to make it all work, so it's all becoming sloppy.
It's like Microsoft started to go down the tubes once Bill Gates stepped down.
Slashdot Mirror
flyover shitholes.
Come next election you'll be whining about 'how could people in those flyover shitholes not vote for the party I told them to. It must because they're dumb racistsexisttransphobic hicks'.
Or complaining about how Trump called Haiti a shithole.
These tax incentives are a Prisoner's dilemma. Each state does it because the other states do it, yet they would all be better off if no one did it. It would be a beneficial and legitimate use of the Commerce Clause for the federal government to just ban this economically damaging activity. It would be better and more fair for both states and businesses.
Better for who? The EU forced Ireland to charge Apple tax even though both Ireland and Apple had done a deal where Ireland wouldn't charge it.
The EU ruled it illegal state aid. The Irish government knew that if it was forced to tax Apple, Apple would start to look at other places to put its money.
Then of course Trump came along and took away the advantage for US firms to leave money overseas
https://www.bloomberg.com/news...
If US companies don't get to save money by having cash overseas, they'll probably repatriate it and that would have happened regardless of what the EU decided. Still if the US had not have done that, it's possible that the EU forcing Ireland to have higher taxes than it wanted would have reduced tax revenue.
At some point you need to decide if you want to have Federal rules that stop regions cutting taxes, which will probably result in companies just setting up elsewhere. Or if you want to allow regions to do what they want which will result in some high tax, low economic activity areas and some low tax, high economic activity ones.
I.e. ironically the US is actually less Federalist than the EU when it comes to tax, and that is a good thing.
Look at it this way, You're an individual who normally charges $X per hour. You have no job, but people are offering $Y where Y is less than X. Do you take it? I'd say so long as as Y is above zero, the answer logically should be 'Yes'. And it's hard to claim that some company building a factory and employing 10,000 people is not going to bring in any revenue. Actually in this case it's more like 'they offered me $Y but the government set a minimum wage of $X so I couldn't accept'.
Don't worry Wisconsin is a Republican controlled state. As we all now Republicans are the party of low taxes, small government and restraint in state expenditure. We can therefore rely upon them to vote no to this vast expenditure of money from the state treasury on the grounds that it makes no sense from a business point of view, that it is an intolerable government interference in the workings of the free market and that it is not in harmony with their long treasured Republican ideals of small government and limiting expenditure from the state treasury. Sir, you may rely upon the Republicans to be the voice of reason in this matter.
There are different factions in the GOP. The one that believes in free trade and no subsidies has essentially lost out to a populist wing which wants to use tax and tariff policy to bring jobs back.
Will it work? Well it did for Apple - they were forced to pay US taxes on their offshore cash which convinced them to bring it onshore and invest it.
https://www.bloomberg.com/news...
A mix of tighter controls on immigration, higher tariffs on imports, lower taxes on US companies and higher taxes on US companies overseas operations in low or no tax jurisdictions is being pursued. It's completely the opposite of the free market approach where you have open borders and low tariffs. Both sides aimed at having lower taxes. Trump cut corporate taxes massively and most individual taxes but not by as much as most Republicans would have wanted. That's because the plan had to be revenue neutral so it could be pushed through under reconciliation rules.
Still there have been studies that show that reducing corporate tax rates increase growth. E.g. this one of Canadian provincial governments
https://ntanet.org/NTJ/65/3/nt...
We examine the impact of the Canadian provincial governments' tax rates on economic growth using panel data covering the period 1977-2006. We fi nd that a higher provincial statutory corporate income tax rate is associated with lower private investment and slower economic growth. Our empirical estimates suggest that a 1 percentage point cut in the corporate tax rate is related to a 0.1-0.2 percentage point increase in the annual growth rate.
I.e. what Trump is doing is pretty different from standard small government Republican policy.
. . . until they could perfect a robot that could commit suicide due to poor working conditions.
http://www.zdnet.com/article/m...
Patrick Mattimore, a fellow at the Institute for Analytic Journalism, recently published the following article on China's People's Daily Online, headlined: Media badly misplaying Foxconn suicides.
Taiwanese-owned Foxconn has had seven suicides this year. That sounds like a lot, but the firm has an estimated 800,000 workers, more than 300,000 of them at a single plant in Shenzhen.
Although exact figures are hard to come by, even the most conservative estimate for China's suicide rate is 14 per 100,000 per year (World Health Organization). In other words, Foxconn's suicide epidemic is actually lower than China's national average of suicides.
I checked his figures. World Health Organization suicide figures for China (1999) are 13 males and 14.8 females per 100,000 people.
Elderly (65+ years) suicide rates can be as much as 50% higher than youth (18 to 24 years), which means Foxconn's suicide rate, with its younger workforce, should be significantly below the national average.
Let's estimate an average of 10 suicides per 100,000 at Foxconn. Just the Shenzhen Foxconn plant alone, with its 330,000 employees, would be expected to have about 33 suicides this year, or 14 so far.
Foxconn has had just 10 suicides this year, and that's across its entire workforce.
Working at Foxconn dramatically reduces people's risk of suicide!
The Journal of Unethical Research wants your paper!
We pay a fee in either blood diamonds, a voucher for a night with an upcoming Hollywood starlet, uranium or foetal stem cells to the foundation of your choice.
It is strange that the markets can be moved by the analyses/opinions of those who stand to benefit from making the markets move in a particular direction, no?
My favourite example was Warren Buffet who went on the radio to announce he was buying bank stocks because he expected the government to bail them out and that if he didn't think they would do a bailout he'd be selling.
https://www.youtube.com/watch?...
Stock up cat food, ammo and guns now and you'll be rich when their prices spike due to the bitcoin apocalypse.
Self destruct. Or turn into SKYNET!
Or they could have a very full cup of Ice 9 suspended above the ocean via a ramshackle contraption maintained by a team of tweakers with shaky hands and stained lab coats and point out what a catastrophe it would be if any escaped and raise funds to improve their containment.
The Indiegogo video would have a cool animation of the Ice 9 apocalypse happening should containment fail. An investigative reporter would grill the scientists, all of whom would seem to be completely loopy. The scientists would point out the great but ill defined promise of the research 'free energy! a cure for cancer!'. When shown the animation of the catastrophe the scientists would find it hard to hide their glee at the POWER of heir work, some going full on Davros. The reporter would end with 'You spent some much time thinking how you could do it you didn't think to ask if you should'.
Ice 9 - Next on SyFy!
Laundering the funds for Steele through a law firm broke campaign finance laws too.
http://politicaldig.com/wp-con...
Let's hope President Trump sends them where they can get the help they need.
I'm not suggesting a conspiracy, nefarious or otherwise.
Apple have a notoriously non technical and style conscious user base and I suppose a sealed phone is what they want.
What's irritating is not so much that Apple do it but that other manufacturers see Apple doing it, know that Apple are the 'cool' brand and copy them. Even though they're actually operating in a competitive market and have a more diverse user base, some of whom won't buy their stuff unless it has a removable battery, headphone jack and so on.
And frankly it's hardly surprising that people on 'news for nerds' complain about not being able to swap out batteries or upgrade laptops.
Personally I think it's a shame that MXM never really took off on Windows laptops, but I can see the reasons it didn't. At least on Windows PCs you've got a vast choice of vendors and you can get almost any feature set you want - you could even build a luggable machines with expandable graphics in a micro ITX case. That's not really the case with Android though - the most recent phone I could find with a removable battery that I actually want to buy is the LG V20. People like Essential are launching phones with no removable battery and no headphone jack and wonder why it doesn't sell like an iPhone
https://www.reddit.com/r/Andro...
Dumbasses. iPhones sell despite their lack of headphone jack, not because of it. Even their user base objects, but they're locked into Apple's ecosystem.
Something's gone radically wrong. It used to be that companies made stuff that consumers wanted. Now they add a bunch of features consumers don't care about, remove the ones they do and rely on the fact that anyone who points out the idiocy of this will be told 'THE MARKET HAS SPOKEN'.
Yeah, enjoy your $800 device that's designed to fail in a year and a half so you need to buy another one.
The V20 is a generation out of date but you can get 'em cheap now. Removable battery and dual SIM too, which is handy if you keep commuting back and forth between countries.
https://www.amazon.com/LG-Factory-Uncloked-5-7-Inch-Warranty/dp/B01M4MY4RY
And realistically how many people actually need a Snapdragon 835 over an 820?
User replaceable batteries or at cost battery replacement of non user replaceable batteries prolongs cell phone life. Which is good for consumers and bad for the manufacturer's profits.
Same with user upgradeable Ram and storage.
Of course this is why Apple and Samsung have moved to non user replaceable batteries. And Apple have moved to soldered Ram and SSD on laptops. Of course neither has been exactly open about the reasons for this and the effect it has on total cost of ownership for users.
Presumably Windows laptop vendors would have moved to soldered everything if they had as much of a market share as Apple have with iOS (100%) and Samsung have with Android.
The interesting thing is that Samsung isn't as dominant as you'd expect
https://www.androidauthority.c...
They used to have 65% of the market
http://info.localytics.com/blo...
Now it seems like they're more like one of many vendors than a near monopolist
https://www.idc.com/promo/smar...
Hopefully this will make them produce some phones I'll actually want to buy when my LG V20 wears out.
Subjective is right. I got some made to measure shirts in Taiwan which fit like a glove and were hence unwearable. I ended up getting them to clone my favourite shirt which was quite a bit looser and thus wearable with a suit for eight hours in a place which is usually boiling ass hot.
Meanwhile it's not all that hard to buy ready to wear shirts which fit OK.
The problem is not creating clothes that fit like a glove, it's the subjective deviations from that which everyone is used to.
The Science seems sound. Incoming Gaia smiting of humanity for heresy unless we all agree to go vegan and cycle everywhere.
Don't listen to Alt RIght, racist misogynist pro Putin Nazi Trump Terrorists who tell you the left is a church of no salvation. Give up your SUVs, free speech rights, guns and beef and you will enter the promised land just like Cat Lady Ascendancy Hierophant Hillary Clinton did.
What happened to the Daily Stormer shows you can knock a site off the internet if you're persistent enough :
https://en.wikipedia.org/wiki/...
The Stormer is up now, but will probably get kicked off .name in a few days
https://dailystormer.name/
The chairman of the banking guild has just announced guild bank recapitalisation and an extended series of open market operations including buying mounts with quantitatively eased cash.
Libre Office is free and it does what I need and actually works quite fast if you have plenty of Ram and an SSD. There's no way I'm migrating back.
I would find it difficult to believe that Jobs would have allowed the iPhone X's indented top of screen.
Funnily enough it recently occured to me the LG V20's always on dual screen is a much better way of dealing with the problem of needing a cutout for the cameras.
https://www.youtube.com/watch?...
Of course the V20 was mostly ignored by the idiot tech journalists who raved over the iPhone X. Shame really, it's a great phone, if you can still find one.
Back when Cloufare nuked The Daily Stormer the CEO said it was important it didn't set a precedent
https://arstechnica.com/tech-p...
And in an internal company e-mail obtained by Gizmodo, Prince acknowledged that the decision was exactly as arbitrary as it seemed.
"My rationale for making this decision was simple: the people behind the Daily Stormer are assholes and I'd had enough," Prince wrote. "Let me be clear: this was an arbitrary decision."
Prince wrote that he "woke up this morning in a bad mood and decided to kick them off the Internet. It was a decision I could make because I'm the CEO of a major Internet infrastructure company."
In the same e-mail, Prince argued that it is "dangerous" for that kind of power to be concentrated in any one person's hands.
"It's important that what we did today not set a precedent," Prince added. "The right answer is for us to be consistently content neutral."
In a company blog post that appeared later on Wednesday, Prince argued that the Internet needed a better system for determining which content should be taken down-one that gives publishers a right to due process and doesn't put power over those decisions in the hands of a few CEOs like Prince.
But, of course, the decision is likely to set a precedent even if Prince hopes it's a one-time occurrence. Cloudflare has helped to establish an industry-wide norm that some content is too offensive to be hosted by any mainstream technology company. In the future, the public will suspect that if an infrastructure provides service to a site, it's because they don't actually find it objectionable. This may not be a genie Cloudflare can stuff back into the bottle.
And now Cloudfare have let the genie out of the bottle it seems like any site can be nuked, either because the CEO wakes up deciding to do it or due to a court order.
So much for the Internet 'interpreting censorship as damage and routing around it'.
Andrew Anglin is an asshole but he's also a kind of canary in the coalmine because assholes are the first ones to see their sites disappear when censorship starts. Unfortunately they're unlikely to be the last.
Apple needs a control freak boss in charge to shout at people during the production of its gizmos. Once Jobs died they couldn't find someone to make it all work, so it's all becoming sloppy.
It's like Microsoft started to go down the tubes once Bill Gates stepped down.
True actually. I noticed a bad drop off in RF performance when I moved from my Nokia 3410 to my first smartphone.