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Comment: Re:To be more precise, Amazon will collect on taxe (Score 1) 173

by PopeRatzo (#49763979) Attached to: Amazon Decides To Start Paying Tax In the UK

What kind of business could have revenue less than or equal to its tax bill but will continue to "pay taxes"?

That's upside down thinking. Corporations pay tax on income which means "profits".

Ergo, all taxes a business will pay must be funded out of revenue.

This is the right-wing brainwashing at work. You can't even imagine taxes being funded out of profits, can you? Please bear in mind that a corporation is simply a legal mechanism by which capital can avoid liability. You have somehow come to believe that a companies costs exactly equal its revenue and that they only exist for the public good.

Comment: Re:To be more precise, Amazon will collect on taxe (Score 1) 173

by PopeRatzo (#49762997) Attached to: Amazon Decides To Start Paying Tax In the UK

The first rule of economics is "Businesses do not pay taxes. Businesses collect taxes."

No, the first rule of economics is "don't talk about economics".

Seriously, as long as you have companies in competition in regard to pricing, then yes, businesses do in fact pay taxes. They can not in fact just raise prices to cover taxes, because if they could raise prices, they already would have done so.

There is no law in economics that says "Businesses do not pay taxes. Businesses collect taxes." That's an old conservative trope that gained currency when Ronald Reagan and Margaret Thatcher were busy rodgering the working people of their respective countries.

Comment: Re:Well... (Score 1) 253

by PopeRatzo (#49762933) Attached to: Study: Science Still Seen As a Male Profession

If you had gone to high school, you might have noticed that women make up 84% of the teaching staff

And if you could read your own citation, you'd have noticed that men make up 43% of the high school teachers.

The 84% number includes elementary, pre-school and early child care. As someone who's actually had progeny, I can assure you, there's a good reason men don't go into pre-school and early child care.

Comment: Re:Well... (Score 1) 253

by PopeRatzo (#49762921) Attached to: Study: Science Still Seen As a Male Profession

But elementary school and high school? Forget about it, that's approaching 100% women.

43% of high school teachers are male. And the number of men in teaching at the pre-school through high school level is growing. And growing is the opposite of "approaching zero", for future reference.

http://www.menteach.org/resour...

Comment: Re:just what we all love (Score 1) 173

by Opportunist (#49762477) Attached to: Amazon Decides To Start Paying Tax In the UK

They would try to raise the price (not likely possible because, as stated above, if they could get away with a higher asking price, they would have done so on their own, why not rake in more if you can?) but they might go out of business. With a 90% tax, it's actually likely.

The price depends on the sweet spot of making the highest profit. Not any cost outside the cost per unit. A higher fixed cost might lead to discontinued business because cost gets higher than what the possible asking price could pay for, but the price is mostly unaffected by it.

Comment: Re:Demographics (Score 1) 253

by PopeRatzo (#49761413) Attached to: Study: Science Still Seen As a Male Profession

I was playing guitar but stopped to check the various feeds before shutting down and heading to bed. Snowshoeing early tomorrow.

Right on, brother. Tomorrow morning I'll be busting some broncos and then base-jumping off the Sears Tower with a parachute of my own design. After that, I'll be having sex with the entire wait staff of Hooters, one of whom is my wife, Morgan Fairchild.

Maternity pay? Now every Tom, Dick and Harry will get pregnant. -- Malcolm Smith

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