SactoGuy18
Apr 16, 11:29 AM
All this talk about income taxes is all the MORE reason why we need unprecedented tax reform here in the USA.
In my humble opinion, we should right now go to a flat income tax using the Steve Forbes flat tax plan, and start a process that four years from now ends all income taxation in favor of a consumption tax on new-production goods and services (the FairTax proposal, H.R. 25/S. 13). I cite the following advantages of this change:
1. It would save possibly as much 75 to 95 percent of the US$300 BILLION per year (the current Tax Foundation estimate) now spent on income tax compliance. Sure, it'll put a lot of accountants, tax lawyers, H & R Block, Jackson Hewitt and Liberty Tax Service out of work, but can you imagine what freeing up US$225 to US$285 billion per year for other economic purposes would do for the US economy?
2. It would discourage American businesses from exporting jobs, factories and even corporate headquarters out of the USA for income tax avoidance reasons. That right there would mean millions of jobs coming back to the USA and commercial real estate (both production facilities and offices) would go from worthless to priceless almost overnight.
3. It would encourage American residents to keep their savings and investments in the USA, not put them in an "offshore bank" like all those "banks" in various Caribbean island nations for tax avoidance reasons or put them in the illegal cash-only underground economy. (I've read that American residents and businesses may have put WAY over US$10 trillion into offshore banks and the underground economy for tax avoidance reasons.) That means banks will now have proper levels of liquidity and you have all the incentive to invest in the US equities market, a major plus for the financial services industry here in the USA.
4. It would end by far the most insidious form of corruption in Washington, DC, the lobbying for various "tweaks" to the tax code that could affect as little as ONE taxpayer! It also means powerful companies can't use the tax code to provide "sweetheart" deals to protect their own marketshare, which means far more equality of opportunity for competing businesses (e.g., a company like General Electric can't have the tax code written so it is highly favorable to them--e.g., GE didn't pay any corporate taxes in 2010!).
5. Because the new tax plans I mentioned no longer tax bank account interest, capital gains and stock dividend payments, it would encourage Americans to create their own private "nest egg" for retirement and/or unexpected medical costs with virtually no income tax worries. That could right there possibly save both Social Security and Medicare since it would tremendously reduce the need for both of these government services.
So what are we waiting for?
In my humble opinion, we should right now go to a flat income tax using the Steve Forbes flat tax plan, and start a process that four years from now ends all income taxation in favor of a consumption tax on new-production goods and services (the FairTax proposal, H.R. 25/S. 13). I cite the following advantages of this change:
1. It would save possibly as much 75 to 95 percent of the US$300 BILLION per year (the current Tax Foundation estimate) now spent on income tax compliance. Sure, it'll put a lot of accountants, tax lawyers, H & R Block, Jackson Hewitt and Liberty Tax Service out of work, but can you imagine what freeing up US$225 to US$285 billion per year for other economic purposes would do for the US economy?
2. It would discourage American businesses from exporting jobs, factories and even corporate headquarters out of the USA for income tax avoidance reasons. That right there would mean millions of jobs coming back to the USA and commercial real estate (both production facilities and offices) would go from worthless to priceless almost overnight.
3. It would encourage American residents to keep their savings and investments in the USA, not put them in an "offshore bank" like all those "banks" in various Caribbean island nations for tax avoidance reasons or put them in the illegal cash-only underground economy. (I've read that American residents and businesses may have put WAY over US$10 trillion into offshore banks and the underground economy for tax avoidance reasons.) That means banks will now have proper levels of liquidity and you have all the incentive to invest in the US equities market, a major plus for the financial services industry here in the USA.
4. It would end by far the most insidious form of corruption in Washington, DC, the lobbying for various "tweaks" to the tax code that could affect as little as ONE taxpayer! It also means powerful companies can't use the tax code to provide "sweetheart" deals to protect their own marketshare, which means far more equality of opportunity for competing businesses (e.g., a company like General Electric can't have the tax code written so it is highly favorable to them--e.g., GE didn't pay any corporate taxes in 2010!).
5. Because the new tax plans I mentioned no longer tax bank account interest, capital gains and stock dividend payments, it would encourage Americans to create their own private "nest egg" for retirement and/or unexpected medical costs with virtually no income tax worries. That could right there possibly save both Social Security and Medicare since it would tremendously reduce the need for both of these government services.
So what are we waiting for?
flopticalcube
Apr 16, 12:43 PM
First of all, some inflation is ok, and normal as long as it doesn't get too high. And how does money sitting in a bank account, or under my mattress create jobs? If nobody is buying anything then the economy goes down, that has been shown many times.
"saving" is not stuffing your money in a matress or a bank account, well not only. It can be investing as well. It's spending on investment rather than spending on consumption. Saving in the bank helps too as the availability of funds allows the cost of capital to decrease, although we have it pretty low now and not many banks are willing to lend. Maybe some arm twisting is needed in that respect.
"saving" is not stuffing your money in a matress or a bank account, well not only. It can be investing as well. It's spending on investment rather than spending on consumption. Saving in the bank helps too as the availability of funds allows the cost of capital to decrease, although we have it pretty low now and not many banks are willing to lend. Maybe some arm twisting is needed in that respect.
tazinlwfl
Apr 25, 09:03 AM
This issue is really starting to frustrate me. iPhone users that I know are starting to freak out because they're getting their information from sensationalized media and don't really understand what's really going on.
That is one of the reasons Apple can't sit on their hands with this issue - there are too many people getting misinformation that are spreading it to others.
That is one of the reasons Apple can't sit on their hands with this issue - there are too many people getting misinformation that are spreading it to others.
AZREOSpecialist
Apr 18, 03:25 PM
If Apple cannot beat them....they sue them. Way to go Apple, you are devoid of morals and innovation.
When can we officially say that Apple is now the New Microsoft?
Apple is devoid of morals and innovation? Are you kidding me? Do you have any idea of Apple's philanthropy? Also, Apple INVENTED the whole concept of touch UI for iPhone and iPad - now the rest of the industry is scrambling to catch up by copying the leader. While imitation may be the sincerest form of flattery, the imitators are simply copying for free what took Apple years to develop at a likely cost of several hundred million dollars. And Apple does not have a right to protect its investment?
Apple should just buy Samsung. That will get them a big foot in the consumer electronics sector.
When can we officially say that Apple is now the New Microsoft?
Apple is devoid of morals and innovation? Are you kidding me? Do you have any idea of Apple's philanthropy? Also, Apple INVENTED the whole concept of touch UI for iPhone and iPad - now the rest of the industry is scrambling to catch up by copying the leader. While imitation may be the sincerest form of flattery, the imitators are simply copying for free what took Apple years to develop at a likely cost of several hundred million dollars. And Apple does not have a right to protect its investment?
Apple should just buy Samsung. That will get them a big foot in the consumer electronics sector.
Remingtonh
Apr 25, 09:17 AM
Just don't go anywhere you're not supposed to be and it's a non issue.
silentnite
May 4, 03:17 PM
I'm sure it will be sold in store as well. I just can't see apple cutting Amazon & all the other apple resellers out of the deal.
SodaPopMonster
Jul 30, 08:52 AM
Remember the "Proximity sensor" patent?
That would be a great way to have a keyboard and numbers, wouldn't it?
2+2
That would be a great way to have a keyboard and numbers, wouldn't it?
2+2
Hildron101010
Mar 30, 05:55 PM
Dear Apple
PLEASE can we have a UI update, even if it's a minor one (for instance, iTunes 10 scrollbars rather than the blue aqua ones). Just some extra polish really.
Signed
iFanboy
They already redid the ENTIRE interface. It looks really awesome. I've used it in the first DP build. It doesn't need to be changed anymore.
PLEASE can we have a UI update, even if it's a minor one (for instance, iTunes 10 scrollbars rather than the blue aqua ones). Just some extra polish really.
Signed
iFanboy
They already redid the ENTIRE interface. It looks really awesome. I've used it in the first DP build. It doesn't need to be changed anymore.
SeattleMoose
Apr 25, 09:40 AM
Because "they" didn't slip this trojan into the phones...the government did via the phone companies/FCC.
It is not enough to track every internet/email action of the population, they also want to know where we are at all times and our habits so a "repairman" can enter the house of a "dissident" while they are at work and...
It is not enough to track every internet/email action of the population, they also want to know where we are at all times and our habits so a "repairman" can enter the house of a "dissident" while they are at work and...
CalBoy
May 3, 11:17 PM
Nope. Ask me what the cost advantage of wearing my Adidas runners over a pair of wooden clogs is when I go out. I couldn't tell you. But I can appreciate the obvious benefits of the metric system in theory and in practice without making it all about short-term financial gain, and I think you could too if you took the time to look at it objectively. I am just thankful my country made the difficult decision back in the 70s when my biggest challenge was learning to wee in the potty.
So then you can't speak to whether or not it would actually be cost effective for the country to switch.
As another commenter said, you owe your kids better.
I'm not convinced that my kids are any worse off. I grew up speaking two languages (hearing three) and using different types of measurements. I have confidence in my future children to be able to handle it like generations of Americans have before.
So then you can't speak to whether or not it would actually be cost effective for the country to switch.
As another commenter said, you owe your kids better.
I'm not convinced that my kids are any worse off. I grew up speaking two languages (hearing three) and using different types of measurements. I have confidence in my future children to be able to handle it like generations of Americans have before.
Poudresteve
Jul 21, 02:17 PM
This is not what I needed to maintain a productive Friday afternoon! My excitement level was already at "11" with new Mac Pro's coming out. I'll have to see what else I can cut out of the ol' budget to get all of these new toys... :D
Mac-Rumours
May 4, 03:30 PM
Wirelessly posted (Mozilla/5.0 (iPhone; U; CPU iPhone OS 4_2_1 like Mac OS X; en-gb) AppleWebKit/533.17.9 (KHTML, like Gecko) Mobile/8C148)
Here's my problem with this distribution method for an OS:
I have 4 Macs in my house. Previously, I'd buy a Family License DVD and go from machine to machine installing it.
If I have to DL it from the App Store, I've got to download it 4 times! I don't care about paying for multiple licenses... I do care about blowing out my internet bandwidth downloading the same multi-gigabyte file 4 times. :mad:
There had better be a physical-media option!
Copy it to a USB drive or disc. Why would you keep downloading it?
Here's my problem with this distribution method for an OS:
I have 4 Macs in my house. Previously, I'd buy a Family License DVD and go from machine to machine installing it.
If I have to DL it from the App Store, I've got to download it 4 times! I don't care about paying for multiple licenses... I do care about blowing out my internet bandwidth downloading the same multi-gigabyte file 4 times. :mad:
There had better be a physical-media option!
Copy it to a USB drive or disc. Why would you keep downloading it?
devilstrider
Apr 7, 09:38 AM
Many companies should have thought about this when Japan got hit.
flopticalcube
Apr 22, 12:17 PM
good point, I suppose it would increase taxes on the poor. and of course I see no benefit to that.
Surely finding a way to exempt the poor from that would be less complicated the current system.
Also, perhaps the necessary % would be less than expected bc normal people wouldn't be able to skate around taxation.
I'm not saying that this should be a primary political focus, but I believe it would be a nice thing to consider once government spending and overreach is under control and the national debt is less scary
I have no issues with a VAT as long as it is not imposed on food, energy and shelter. Unfortunately, it no longer becomes a great revenue generator if you exempt it from what the majority spend most of their money on.
Surely finding a way to exempt the poor from that would be less complicated the current system.
Also, perhaps the necessary % would be less than expected bc normal people wouldn't be able to skate around taxation.
I'm not saying that this should be a primary political focus, but I believe it would be a nice thing to consider once government spending and overreach is under control and the national debt is less scary
I have no issues with a VAT as long as it is not imposed on food, energy and shelter. Unfortunately, it no longer becomes a great revenue generator if you exempt it from what the majority spend most of their money on.
kavika411
Apr 15, 04:00 PM
the historical record is more than enough to discount the idea that lowering taxes produces net positives for the economy. America experienced its highest growth years when the top tax rate was over 90% and after taxes had been raised in the 90s. Conversely we've seen a decline in our economic fortunes after 10 years of lower and lower tax rates.
Assuming (1) changes in tax policy have immediate effects, and (2) there is no such thing as as normal economic business cycles that overlay tax changes.
Assuming (1) changes in tax policy have immediate effects, and (2) there is no such thing as as normal economic business cycles that overlay tax changes.
QuarterSwede
Apr 18, 02:49 PM
Apple has to try to protect their IP or they risk losing it. What I wonder is why it took them so long to start lawsuits over this.
Multimedia
Jul 23, 11:24 PM
If the new macbook pros are only different in the chips, will there be a way to upgrade to core 2 duo if you have a previous macbook pros?No. Processors Are Soldered In MacBooks and MacBook Pros So No Upgrades Are Possible.
The way you do the upgrade is by selling your current model and buying the next one. It's called rolling over your Mac for the next one. Some of us here have done it numerous times. It's not hard to get a good price for your used Mac. By doing this at the beginning of every update, it only cost you a few hundred dollars to move up each time.
The way you do the upgrade is by selling your current model and buying the next one. It's called rolling over your Mac for the next one. Some of us here have done it numerous times. It's not hard to get a good price for your used Mac. By doing this at the beginning of every update, it only cost you a few hundred dollars to move up each time.
Watabou
Apr 23, 04:44 PM
That is awesome. I can't wait for a Retina display Macbook Pro. Yeah!
yodaxl7
Apr 18, 04:07 PM
shame really that Apple is resorting to Microsoft-esque tactics. If you can't beat em, just sue em, mentality.
Thats like saying that Coca-Cola should sue Pepsi
Xerox PARC should have aggressively sued Apple when the GUI was becoming commercialized.
NO, Apple did not invent the first GUI Operating System. Xerox made the first GUI in their Alto systems. Xerox only sued (late for that matter) when Apple sued Microsoft for their GUI OS (Windows).
http://upload.wikimedia.org/wikipedia/commons/thumb/8/8b/Xerox_Alto.jpg/240px-Xerox_Alto.jpg
Let's say we had a science test and I sit next to you. I made an A and you made an A. I didn't study and you did. Will u tell on me?
Thats like saying that Coca-Cola should sue Pepsi
Xerox PARC should have aggressively sued Apple when the GUI was becoming commercialized.
NO, Apple did not invent the first GUI Operating System. Xerox made the first GUI in their Alto systems. Xerox only sued (late for that matter) when Apple sued Microsoft for their GUI OS (Windows).
http://upload.wikimedia.org/wikipedia/commons/thumb/8/8b/Xerox_Alto.jpg/240px-Xerox_Alto.jpg
Let's say we had a science test and I sit next to you. I made an A and you made an A. I didn't study and you did. Will u tell on me?
radesousa
May 6, 01:18 AM
Hell, Apple has so much cash they should buy AMD. :D
Apple can then sell CPUs to the PC manufacturers such as HP, Dell, etc. :D
Apple can then sell CPUs to the PC manufacturers such as HP, Dell, etc. :D
ravenvii
May 3, 03:43 PM
CURRENT KNOWN MAP:
http://web.me.com/ravenvii/map/known.png
STATS:
1. Rosius: Level 1, 1 HP, 1 AP
2. Dante: Level 1, 1 HP, 1 AP
3. Beatrice: Level 1, 1 HP, 1 AP
4. Rhon: Level 1, 1 HP, 1 AP
5. Wilmer: Level 1, 1 HP, 1 AP
6. Loras: Level 1, 1 HP, 1 AP
7. Jorah: Level 1, 1 HP, 1 AP
http://web.me.com/ravenvii/map/known.png
STATS:
1. Rosius: Level 1, 1 HP, 1 AP
2. Dante: Level 1, 1 HP, 1 AP
3. Beatrice: Level 1, 1 HP, 1 AP
4. Rhon: Level 1, 1 HP, 1 AP
5. Wilmer: Level 1, 1 HP, 1 AP
6. Loras: Level 1, 1 HP, 1 AP
7. Jorah: Level 1, 1 HP, 1 AP
generik
Sep 16, 05:21 AM
There is no way the MBP's will recieve resolution upgrades before Leopard. Santa Rosa MBP's will definiantly be bumped to 1680x1050 and 1920x1200. Tiger is resolution dependent, which means that a higher DPI would make it nearly impossible to see anything.
It might be as soon as MWSF... remember how Apple released a half arsed PB update last October before unleashing the BOMB 3 months later?
All those who bought that last PB probably felt cheated, thank God I sold mine off in time :rolleyes:
It might be as soon as MWSF... remember how Apple released a half arsed PB update last October before unleashing the BOMB 3 months later?
All those who bought that last PB probably felt cheated, thank God I sold mine off in time :rolleyes:
Thunderhawks
Apr 21, 02:58 PM
Boo...I want it bigger.
No..really...I do. :mad:
Besides Viagra you need to visit some other websites that promise that, not MR.
No..really...I do. :mad:
Besides Viagra you need to visit some other websites that promise that, not MR.
Popeye206
Apr 5, 03:34 PM
Allowing this, Apple would have set a presidence, so yes, I understand why Apple asked for this to be stopped... Tomorrow company 'x' would be releasing their JB app. Adobe will be releasing Flash on to Cydia LOL.
Since we are talking in the context of smartphones, we should compare smartphone developer licenses, and not others. Apple vs Apple not Apple vs Lemon.
You can nit-pick it all you want. $99 is nothing for a quality program like what Apple offers to developers. Plus, you can still get the SDK for free. You can still develop for free. It's just if you want "in" on the AppStore and other resources, you pay. So... again... what's the beef?
Since we are talking in the context of smartphones, we should compare smartphone developer licenses, and not others. Apple vs Apple not Apple vs Lemon.
You can nit-pick it all you want. $99 is nothing for a quality program like what Apple offers to developers. Plus, you can still get the SDK for free. You can still develop for free. It's just if you want "in" on the AppStore and other resources, you pay. So... again... what's the beef?
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