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Comment Re:No such thing, it's been proven to be a hoax (Score -1) 242

Its hard to beat wikipedia:

https://en.wikipedia.org/wiki/Tax_incidence

Imagine a $1 tax on every barrel of apples an apple farmer produces. If the product (apples) is price inelastic to the consumer the farmer is able to pass the entire tax on to consumers of apples by raising the price by $1. In this example, consumers bear the entire burden of the tax; the tax incidence falls on consumers. On the other hand, if the apple farmer is unable to raise prices because the product is price elastic the farmer has to bear the burden of the tax or face decreased revenues: the tax incidence falls on the farmer. If the apple farmer can raise prices by an amount less than $1, then consumers and the farmer are sharing the tax burden. When the tax incidence falls on the farmer, this burden will typically flow back to owners of the relevant factors of production, including agricultural land and employee wages.

Where the tax incidence falls depends (in the short run) on the price elasticity of demand and price elasticity of supply. Tax incidence falls mostly upon the group that responds least to price (the group that has the most inelastic price-quantity curve). If the demand curve is inelastic relative to the supply curve the tax will be disproportionately borne by the buyer rather than the seller. If the demand curve is elastic relative to the supply curve, the tax will be born disproportionately by the seller. If PED = PES the tax burden is split equally between buyer and seller.

Comment HOWTO (Score -1) 205

1. Learn C. Learn it well enough to write a small baseball simulator that you're reasonably proud of, graphics are unnecessary. 6 months.

2. Rewrite the logic of the game as inline x86 assembly. 2 months.

3. Add network capability to 1. 2 months.

4. Setup a sql database (use the baseball database data) and write a network sql app. 3 months.

4. Buy and skim Advanced UNIX Programming, Advanced Programming in the UNIX Environment. 1 months.

5. Play around with nmap and metasploit. 1 months.

Congrats. You're now a hacker / penetration tester.

Comment Enough with "drones." R/C planes and copters. (Score -1) 199

I agree with the FAA. Given the current state of cheap R/C copters with zip-tied Herocams, I don't think the operators should be given carte blanche to do as they please. The FAA needs to start rule-making process that involves all interested parties. But, until such rules are promulgated, I think prohibiting commercial operation is a sensible temporary position. Congress has the ultimate power here, but generally, the less they're involved - the better.

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