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Comment Re: I'm betting that... (Score 2) 143

Also, since you can only deduct 30-50% of your Adjusted gross income. Even in the best 50% case, unless you have an AGI of $200k, you cannot simply deduct $100k (although in some cases you can carry forward for up to 5 years). That might be reasonable for someone in the bay area, but not for the average widow cleaning out a garage. Also, if you are a widow and have an AGI that high, you are probably very near the schedule A limitation on deductions to 80% (remember obama says you are rich).

Except that she can carry it forward for probably five years. Now shes only trying to deduct 20K/year and with even a modest income, will likely fall under 30%

Comment Re:Makerspace.... (Score 1) 167

Because if you call it workshop upper middle class guys will think it's a place where dirty. low-class, lowlifes work with old techniques like welders

Everyone is different. I'm an upper Middle class white guy. I have multiple graduate degrees, I can also make damn near anything out of wood, plastic, or metal, and have a private workshop with the means to do so. Most of my equally upper middle class white guy friends, have old cars, motorcycles, or tractors and know how to service them and in many cases build them from essentially scratch. They aren't mutually exclusive.

Welding is a good way to make stuff, and even an upper middle class guy should be able to learn it. The equipment for MIG welding is simple and cheap. Any decent workerspace/makeshop should have one. You also want a CNC vertical mill, and lathe, even if it is just a table top, like a Sherline. . .

This is an important distinction, at least for me. You need to have the stuff that people likely don't have in their own workshops and staff that knows how to use it. I have an abnormally well equipped personal workshop and the skills to use it. What I don't have is the things like a CNC Mill, and because of the cost, I'll probably never have one. I gladly pay the day rate at my (not so)local coop when I need to use one

Comment Re:If you tax the rich, they'll leave (Score 1) 255

What we are talking about is an article that combines fifteen years of tax deductions in order to put that magic "B" in the title to get people excited....

What w'ere really talking about is a standard accounting practice in the purchase of ANY business. The asset and liabilities columns have to total to the same in any balance sheet. When the purchase price exceeds assets, an imaginary asset called goodwill is added. There is nothing unusual in any way at all about this.

Comment Re:Education and Profitability (Score 1) 163

No one gets a law degree in IP--that sounds like you don't know what you are talking about.

Except when they do. It took me less than a minute to find a law degree from a very legitimate university with a concentration in IP law
I'm sure with a little more time, it would be no challenge to find others.

Comment Re:Triage and Labels (Score 1) 331

A huge waste of time. He has 6 servers. 6. It would be far simpler, and probably cheaper to boot, to just host them, at Rackspace or some other hosting facility that is not in a disaster prone area. The workstations should not contain data and so can be safely abandoned. If you wish to pack them up and move, unless they're quite high end, laptops and docking stations solve this problem quite easily as well.

Comment Re:Unit cannot be resold as received? (Score 1) 518

Did she make it clear in her initial call that she was returning it for a hardware defect,

Sadly it doesn't seem to matter. I recently got the exact same explanation when they refused the RMA of a motherboard. ASUS had already determined that it was defective. I had the ASUS case number and provided it. We can't resell it, therefore we won't accept it. A quick call to American Express to challenge the charge solved the problem, but NewEgg Customer Service sucks.

Comment Re:A high schooler? (Score 4, Interesting) 478

To tell you the true, this gives us a clear hint about Oracle's future.

SCO did exactly the same thing in the past - but, honestly, I think SCO's lawyers did a better job.

In what way? Oracle is the 2nd biggest software house on the planet, the clear leader in several verticals and makes and/or sells literally hundreds of products. Which of these things in even a remote way, describes SCO?

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