Clueless. Even at 95% personal rates, effective rates were 20%. We already have the highest corporate tax rates in the world. 60% corporate rates would drive out even more business out of the US. And the job market would be dead.
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Tim Cook Calls Apple's Tax Avoidance Accusations 'Total Political Crap'
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Because of proximity. The refugee crisis is an example of it. And they follow our lead.
Except that if petrodollar was a big deal the Europeans would be against America as without them oil would be priced in euros.
Well clearly Steve Ballmer didn't
When I was listening to Tech News radio show, the guy went on and on about the smart phones. it thought he was crazy. Looked into it and say the future of computing. I didn't see a phone, I saw a programmable mobile device with a mature language and APIs. That's when I got started.
I developed a system where I got computers to program themselves many years ago, I've been working on moving that to the mobile platform. It'll nearly replace the need for human programmers. I used it back in the old days and people were amazed.
The problem with most innovation is finding a business reason to use the solution. Self driving will work itself out, too much has been put into it and it has HUGE economic impact.
As far as the smart phone goes, it was under development for many years, I think IBM had one way back in the old days. It wasn't until it went from a PDA to an iPhone that it become cool.
Apple and BlackBerry made the PDA cool.
The petrodollar is a big deal because most countries' currencies are linked to the dollar.
France was against America in the late 60s for just this reason.
https://en.m.wikipedia.org/wiki/Nixon_Shock
Now, they follow in line. Only Russia and China are fighting our dollar hegemony strategy today.
Hussein and Ghadaafi tried but obviously failed.
http://www.thenewamerican.com/econo...-gold-money-plan-would-have-devastated-dollar
http://content.time.com/time/magazine/article/0,9171,998512,00.html
"They won't rise to 5% any time soon so the question isn't valid. On current forecasts with current levels of interest rates, however, the answer is more borrowing."
They only have so much say in it. Remember stagflation in the 70's. All the experts said it couldn't happen until it happened.
They only have so much say in it. Remember stagflation in the 70's. All the experts said it couldn't happen until it happened.
"Nearly replace" it's always that last 5% that takes the vast majority of the time.
If it was really as great an idea as you were saying we'd already be doing it.
I'm sure it'll be got to work on the motorway, where the roads are well defined, and even the expense of ultra-detailed mapping won't be a big issue. Additionally you aren't going to need large numbers of software updates because the roads themselves rarely change, and when they do you get lots of notice. You also don't have pedestrians, cyclists, horses etc to worry about. You also never really have to worry about skidding as long as you stay within the speed limits which are far lower than the effective design speed of the road.
I'm sure also we will have automatic braking which will be useful everywhere and advanced stability controls. And perhaps we will have a dummy mode where the car drives itself slowly home from the pub when the driver is drunk. And all of that together will reduce accidents by 80-90%. It isn't going to save me driving my morning commute though.
So basically two of the most important countries.
Source for welfare being a lone or not. Ok, your meds are wearing off, take another pill... try the red pill.
https://en.wikipedia.org/wiki/Red_pill_and_blue_pill
"If it was really as great an idea as you were saying we'd already be doing it."
WOW!!! One of the worst lines I've ever read. Do you at least have enough IQ to understand that no plane ever flew until the 1st plane flew?
I invented this myself, what makes you think anyone else has done this?
Why didn't they have planes flying 100 years before they did? It was a great idea and it worked, but the cavemen didn't have airplanes. Why didn't cavemen have airplanes?
The laws of physics were the same then as they are now. So why didn't the cavemen have airplanes?
Clue: maybe their brains didn't know how to build an airplane.
Is this REALLY the logic you use? Where did you study logic?
The iPhone was a great idea but it didn't exist until it existed.
"The last 5%" is actually where the AI and big data comes in. That's where the computer figures out what question to answer. It gets really tricky at that point.
The fact that you claim to have invented this many years ago.
Anyway I thought you were a business analyst not a programmer...
Ok, what's your point? Is your wheel stuck in the mud and just keeps spinning?
Why do you think they have babies they can't afford? Because they want poverty?
They need more kids to beat when then go to Kmart?
They saw a cool name on a coffee cup at WalMart and decided to have a baby because they liked the name?
Do you think they are going to say "yes I'm having babies to get government welfare" ??
Really?
If they never allowed children on welfare, how many of these people would be pumping out babies?
Probably exactly the same number...
I mean it's not like the poor having kids is a new 21st century phenomenon.
I'm sure the occasional person has a kid to get a subsidised house. But we aren't talking about that sort of person - we are talking about extremes with 15 kids.
How many people actually paid that? It was the peak of corruption, people wouldn't work unless they had the tax write offs to cover it.
This is when people go underground for work. I've heard 40% of LA work is under the table. In EU it's the norm.
I think it should be easier to control with modern technology if the will was there.
You mean BitCoin and encryption? We can't find ISIS under our nose until AFTER they pull the trigger and you think tech will find someone working under the table.
Someone cue that circus music.
They can't keep cell phones and weapons out of prison and you think 'tech' will solve the problem
Listen to the Benny Hill video again.
Listen to the Benny Hill video again.
So the claim that I invented it many years ago means that it's not a good idea because nobody is using it? Really don't get the 'logic' you use.
I built the system because it was taking too long to write programs by hand. I was a business analyst for hire for years and it was just taking to long to program the solution. So I spent years working on a system to get the computers to program themselves.
So someone that's a business analyst can't be a programmer? More of that 'logic'
My title at Visa was senior programmer analyst, maybe I should go back and have them change that because your logic says you can't be both?
I'm a systems analyst, business analyst and an awesome programmer in several languages on a few different platforms.
I'm also starting to learn how to build robots with Raspberry PI and Arduino. Oh yea, I restore old cars too if that counts
It really has nothing to with technology. It is about human nature. If I know my second million will be taxed at 90%, I'll decide to stop working after my first million.
https://en.wikipedia.org/wiki/Hauser's_law
No matter what the actual tax rate is, the effective tax rate is always between 16-20% of GDP.
It's obvious to me that liberals live in some sort of fantasy land when it comes to economics.
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Exactly. What's interesting about this, if you wanted the GDP to grow, you'd LOWER the tax rates. Yet they don't seem to get that. It's as if they are stupid or they want the system to fail.
Either way, most of us are tired of waiting for the government to get it's act together.
To be fair, Republicans lower the tax rate, stimulate the economy, and then go about destroying it with war boondoggles and corporate giveaways instead of paying down the debt.
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Part of the problem is that the Republicans we have in office now are not real conservatives. It's bad enough that the liberals have ignored laws and have the media in their pocket, but now the Republicans are either scared to be called racist or don't share the old values.
GWB was a huge spender and now Republicans have more seats than since the Civil War! Yet still, the dems are getting everything they want. This is part of the reason Trump is doing so well.
I'm almost at the point where I'd rather see Hillary get in and go far left so that the system crashes on her clock.
Right now it's mostly a mud slinging blame game. That why 75% think we're going in the wrong direction and the same feel the government is corrupt. I don't remember the US being closer to civil war or revolution than now. The scary part is what would be the end result. Would it look anything like the balance of power we used to have or would it be more government control?