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Comment Fairtax baby! (Score 1) 347

by sporkme (#26504299) Attached to: GAO Reports Bailout and Tech Firms Love Tax Havens
If we were to enact the FairTax plan, all of this money going overseas and all of the money roosting overseas will come right back into our economy where it belongs.

The FairTax repeals the 16th amendment

The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several states, and without regard to any census or enumeration.

...and nukes other earnings-based taxation schemes and replaces it with a simple prorated sales tax structure. If you wish to pay NO taxes, you may do so by purchasing new goods up to the poverty level (as determined by the census bureau) and used goods (which would not be taxed). The tax rate is controlled by the voters directly under this plan, in that the policies of the elected are directly visible at the cash registers of the electors.

Every legal US citizen is regularly refunded the value of retail taxation--weekly, biweekly, monthly, annually, given to charity--whatever, using the existing systems of social security, welfare and unemployment, etc.

In addition to the elimination of all income taxation, gains taxes are also nuked. This is a major stumble for many, but remember that these wealth holders make major purchases of new goods, which are taxed at the FairTax rate.

The current ballpark is $13,600,000,000,000, trillion with a T, are hiding from taxation overseas. With the FairTax, these thirteen trillion dollars come back home to work for us.

You pay no income taxes. You take home 100% of what you earn. You have more control over your federal government. You pay a 23% tax on new goods up to the poverty line, but the MASSIVE supply-side taxation cost is eliminated from those goods, meaning the price after FairTax is the same. The economy booms because every-friggin-corporation opens up shop in the new tax utopia. Jobs are plentiful.

Don't believe me! Read for yourself!
The Almighty Buck

GAO Reports Bailout and Tech Firms Love Tax Havens 347

Posted by kdawson from the how-to-spell-profit dept.
theodp writes "Most of America's largest publicly traded corporations and Federal contractors — including those receiving billions of dollars from US taxpayers to finance their recovery — have set up offshore operations that could help them avoid paying US taxes, according to a GAO study released yesterday. Of the 100 largest public companies, 83 do business in tax-haven hot-spots like the Cayman Islands, Bermuda, and the British Virgin Islands. The report found that Citigroup, a recipient of $45B in bailout funds so far, has set up 427 subsidiaries in tax-haven countries, including 91 in Luxembourg, 90 in the Cayman Islands, and 35 in the British Virgin Islands. Household names on the lists from the tech sector include Apple (1 tax haven subsidiary), Cisco (38), Dell (29), HP (14), Intel (6), IBM (10), Microsoft (8), Motorola (4), and Oracle (77)."

Comment WTFPOST (Score 3, Interesting) 632

by sporkme (#25091027) Attached to: YouTube Bans Gun and Knife Videos In the UK
The link in the article leads to a Slashdot 404. Wtf

The link is this

What a noodle-spined move on the part of Google! If only UN language were so effective on the rogue nations of the world!

"I would like to see other internet service providers follow suit to reinforce our message that violence will not be tolerated either on the internet or in the real world," said Home Secretary Jacqui Smith, who has also stated that police should restrict photography by citizens. Indeed, why not suppress free speech in in all ways in Britain and in the rest of the world, you dunce? It would certainly decrease violence!

The hysterical myths about computer game violence have in many cases been debunked, as recently discussed, and why are YouTube videos any different? Movies, games and books which incite dissent are next on the worldwide chopping block, folks! To see Google assume the position on this debate, which includes no specific legislation, is a grim forecast on government intervening in our daily lives with their friendly companies on Politically Correct leashes opening our bedroom doors for them.

The cheeky bastards.
Censorship

Nancy Pelosi vs. the Internet 561

Posted by timothy from the but-nancy-pelosi-was-in-the-other-room dept.
selil writes "A story popped up on the ChicagoBoyz Blog. It says 'Democratic House Speaker Nancy Pelosi, who would like very much to reimpose the old, so-called, "Fairness Doctrine" that once censored conservative opinion on television and radio broadcasting, is scheming to impose rules barring any member of Congress from posting opinions on any internet site without first obtaining prior approval from the Democratic leadership of Congress. No blogs, twitter, online forums — nothing.'"
Microsoft

Bill Gates Chews Out Microsoft 836

Posted by samzenpus from the you-wouldn't-like-him-when-he's-angry dept.
s31523 writes "All of us have one time or another been completely frustrated by certain Windows usability issues, and in many cases our experiences have driven us over to Linux, or kept us there. For anyone that has ever been frustrated, you will be happy to know you aren't the only one. After reading this leaked Microsoft memo from Bill Gates back in 2003, you will surely have more insight into why Vista is a complete disaster due to Microsoft not learning anything from their experiences from XP."
Robotics

Scandinavian Scientists Designing Robotic Snakes 129

Posted by samzenpus from the on-a-robot-plane dept.
Cowards Anonymous writes "The Sintef Group, a research company based in Trondheim, Norway, announced that it's designing a robot based on snakes. The 1.5-meter long robots, which are made of aluminum, are being designed to inspect and clean complicated industrial pipe systems that are typically narrow and inaccessible to humans. The intelligent robots have multiple joints to enable them to twist vertically and climb up through pipe systems to locate leaks in water systems, inspect oil and gas pipelines and clean ventilation systems."
Earth

The World's 10 Dirtiest Cities 286

Posted by samzenpus from the none-more-dirty dept.
neever writes "You may already know about the pollution plight of Linfen, China. But how about the heavy metals Pittsburghers breathe in on a daily basis? Or the incomparable smog Milanesi put up with? PopSci has culled an eye-opening selection of some of the world's most problematic cities. From the painfully high cancer rates in Sumgayit, Azerbaijan to the acid rain destroying La Oroya, Peru, writer Jason Daley walks readers through the lowest of the low; and explains why, despite it all, there's still hope for these places."
Moon

Earth May Once Have Had Multiple Moons 186

Posted by kdawson from the many-moons-ago dept.
fyc writes "A new study from NASA's Ames Research Center has suggested that the collision of Earth and a Mars-sized object that created the Moon may also have resulted in the creation of tiny moonlets on Earth's Lagrangian points. 'Once captured, the Trojan satellites likely remained in their orbits for up to 100 million years, Lissauer and co-author John Chambers of the Carnegie Institution of Washington say. Then, gravitational tugs from the planets would have triggered changes in the Earth's orbit, ultimately causing the moons to become unmoored and drift away or crash into the Moon or Earth.'" The longest-lasting of such Trojans could have persisted for a billion years. They would have been a few tens of kilometers in diameter and would have appeared in the sky like bright stars.
Technology

A Tech Lover's Call to Arms 163

Posted by ScuttleMonkey from the apathy-is-the-true-enemy dept.
PrinceofThieves writes "CNET technology columnist Don Reisinger has issued a call to arms for all journalists and tech junkies to join him in his crusade against the forces that attempt to ruin the sanctity of tech. 'Now, a new group of people has emerged to confront the tech lovers all over the world and stop them from being able to do what they want with the technology they own. And while many have tried to confront them on an individual basis, it has not worked. And it's for that reason that we must all come together and fight the ridiculous impositions brought upon us.'"
Space

Smallest Planet Outside Our Solar System Found 91

Posted by Zonk from the hard-to-spot-with-all-the-space-dust dept.
mikkl666 writes "Following the recent story about the discovery of the youngest planet outside our solar system, Spanish researchers now report that they found the smallest exoplanet observed so far. The planet, known as GJ 436c, was found by analyzing distortions in the orbit of another, larger planet, and its radius is only about 50 percent greater than the Earth's. The scientists are confident that their new method will lead to a series of further discoveries: 'I think we are very close, just a few years away, from detecting a planet like Earth.' You can also reference the the original paper online for further details."
Microsoft

MyLifeBits to Store Every Moment of Your Life 219

Posted by Zonk from the now-we-need-a-hud-to-go-with-it dept.
Dixie_dean writes "Microsoft researchers are developing a way to enable you to capture every moment of your life and store it on your computer. The principal researcher with Microsoft's research arm, Gordon Bell, is developing a way for everyone to remember those special moments. 'The nine-year project, called MyLifeBits, has Bell supplementing his own memory by collecting as much information as he can about his life. He's trying to store a lifetime on his laptop. He's gone on to collect images of every Web page he's ever visited, television shows he's watched, recorded phone conversations, and images and audio from conference sessions, along with his e-mail and instant messages. Calculating that he saves about a gigabyte of information every month, he noted that he tries to only save photos of a megabyte or less. Bell figures one could store everything about his life, from start to finish, using a terabyte of storage." This is a project we've been talking about for a long time.
Businesses

Climate Change Finally Impacts Important Industry 405

Posted by CmdrTaco from the mmmmmmm-beer dept.
Socguy writes "According to a New Zealand scientist, Jim Salinger, the price of beer in and around Australia is going to be under increasing upward pressure as reductions in malting barley yields are experienced as a side effect of our ongoing climate shift. "It will mean either there will be pubs without beer or the cost of beer will go up," Mr. Salinger told the Institute of Brewing and Distilling convention."
Medicine

Scientists Discover Gene For Ruthlessness 300

Posted by Zonk from the also-known-as-the-pointy-haired-gene dept.
Pioneer Woman writes "Researchers at Hebrew University in Jerusalem have found a link between a gene called AVPR1a and ruthless behavior. These findings come from an economic exercise called the 'Dictator Game' that allows players to behave selflessly, or like national dictators and 'little Hitlers' found in workplaces the world over. The team decided to look at AVPR1a because it is known to produce receptors in the brain that detect vasopressin, a hormone involved in 'prosocial' behavior. Researchers tested DNA samples from more than 200 student volunteers, before asking the students to play the game that measured their altruism. There was no connection between the participants' gender and their behavior but there was a link to the length of the AVPR1a gene."

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