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Comment: Re:To be more precise, Amazon will collect on taxe (Score 2) 241

by mikeabbott420 (#49762079) Attached to: Amazon Decides To Start Paying Tax In the UK
Again, my point is disagreeing with the premise that taxes on profits will simply be passed on to consumers as if businesses weren't already charging what they believe is an optimal price for making profits.
If a business could deal with a 10% increase in tax by raising prices to make higher profits than why are those prices not already being charged and those higher profits already being made?
It is a nice bumper sticker that "companies don't pay taxes they collect them" and like so much of bumper sticker level understanding it is applicable sometimes. But it is still just a bumper sticker and not a universal truth.

Comment: Re:To be more precise, Amazon will collect on taxe (Score 1) 241

by mikeabbott420 (#49762039) Attached to: Amazon Decides To Start Paying Tax In the UK
ridiculous levels only cause profits to be hidden and eliminate the incentives to produce them. 99% is insane. even an excessive rate like 50% leaves a reason for a business to exist. businesses can also lose money, your ridiculous 99% rate means there is a much higher chance of losing money than gaining it even for a solid business.

Comment: Re:To be more precise, Amazon will collect on taxe (Score 1) 241

by mikeabbott420 (#49761923) Attached to: Amazon Decides To Start Paying Tax In the UK
You maximize profit. the amount of tax you pay on profit is irrelevant to the process of maximizing it. Taxes on inputs or sales can affect prices because they also affect your competitions pricing power. Taxes on profits might encourage more re-investment of profits but they don't affect prices unless, for some inexplicable reason, you have decided to make less money that you could.

Comment: Re:To be more precise, Amazon will collect on taxe (Score 1) 241

by mikeabbott420 (#49761729) Attached to: Amazon Decides To Start Paying Tax In the UK
Taxes on profits are different than taxes on products, You are certainly correct that something like a gasoline tax is passed on to the consumer because gasoline is a commodity where every supplier has the same tax cost. Apple can't just set iPhone prices higher if they lose profits to taxes, because a business should already be charging optimal prices for generating profit.

Comment: Re:Does it actually matter (Score 3, Insightful) 121

We're building a deep international surveillance state combined with growing capabilities in machine learning and pattern recognition. I expect the laws we ignore today will be enforced internationally, effectively and draconianly as part of "trade" agreements with a side helping of "Terrorism!" and Who will think of the children!" in the future. I don't know what will happen but I expect ownership of copyrights will be even more valuable in the future.

It's far fetched, but possible to imagine a future as extreme as one where a combination of listening to a song in public, facial and other recognition. persistent public tracking and law enforcement linking to corporate databases might get you sanctioned for listening to a song you aren't paying a fee for.

Comment: Re:Online blackouts (Score 1) 216

by mikeabbott420 (#49516947) Attached to: Netflix Is Betting On Exclusive Programming
I can't imagine watching news when I can read so much faster and from so many more sources. Live sports are my kryptonite, even with NFL gamepass there are blackouts where I wouldn't be able to watch until the games were over.
If I could just cheer for Minnesota instead of the Pats, that would solve the prime time game problem ;)

Programmers used to batch environments may find it hard to live without giant listings; we would find it hard to use them. -- D.M. Ritchie

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