>>John Larkin wrote: >>> On Sat, 31 Oct 2009 17:08:32 -0700, Joerg <inva...@invalid.invalid> >>> wrote:
>>>> John Larkin wrote: >>>>> On Sat, 31 Oct 2009 11:48:21 -0700 (PDT), dagmargoodb...@yahoo.com >>>>> wrote:
>>>> [...]
>>>>>> Jobs? The current health care bill penalizes employers who don't >>>>>> provide government-approved health care. So, when you make it a >>>>>> greater and greater pain to employ people, the easy, obvious, and only >>>>>> solution is to outsource, to export jobs, to hire fewer workers. So >>>>>> of course there'll be fewer jobs. I, personally, will create fewer >>>>>> jobs. I guarantee it. >>>>> I'll probably hold the line at about 20 employees and do more >>>>> outsourcing and contracting. ...
>>>> When they go through with the net receipts tax thing in CA where >>>> salaries are supposedly non-deductible the others will do exactly the >>>> same.
>>> There are idiots claiming that a 5% net receipts tax is no more >>> burdensome than a 10% tax on profits. 5 is smaller than 10, don't you >>> see?
>>Sad :-(
>>Just imagine what that would do to the restaurant business alone. As it >>is right now I am not sure that our Japanese and Thai places around here >>will make it. That source tax would potentially push a lot of those over >>the cliff.
>For a restaurant, it's just sales tax; they charge about 8% around >here already. All restaurants pay it, and people don't order meals >from Oregon, so it's not a competitive issue as much as it just makes >people dine out a little less.
A few percent is the difference between making it and failing in the restaurant biz.
>I suppose some people on the Nevada border cross the line to eat, or >order pizza from over the line.
That is trivial and you know it.
>But for companies that sell stuff, and have out-of-state competition, >a gross receipts tax could really hurt. It's a job killer. We pay >about 10% tax on a profit of 5%. A 5% gross receipts tax would be a >10x increase.
So you do kinda sorta get it.
>I do like the idea of taxing services as well as stuff, since more and >more of our economy is services, and the competition for services is >mostly local. Just adding the existing sales tax to services would >help the state deficit problem a lot.
You are really far left whinge aren't you? Or is it only jealousy/envy?
>John Larkin wrote: >> On Mon, 02 Nov 2009 09:39:02 -0800, Joerg <inva...@invalid.invalid> >> wrote:
>>> John Larkin wrote: >>>> On Sat, 31 Oct 2009 17:08:32 -0700, Joerg <inva...@invalid.invalid> >>>> wrote:
>>>>> John Larkin wrote: >>>>>> On Sat, 31 Oct 2009 11:48:21 -0700 (PDT), dagmargoodb...@yahoo.com >>>>>> wrote:
>>>>> [...]
>>>>>>> Jobs? The current health care bill penalizes employers who don't >>>>>>> provide government-approved health care. So, when you make it a >>>>>>> greater and greater pain to employ people, the easy, obvious, and only >>>>>>> solution is to outsource, to export jobs, to hire fewer workers. So >>>>>>> of course there'll be fewer jobs. I, personally, will create fewer >>>>>>> jobs. I guarantee it. >>>>>> I'll probably hold the line at about 20 employees and do more >>>>>> outsourcing and contracting. ... >>>>> When they go through with the net receipts tax thing in CA where >>>>> salaries are supposedly non-deductible the others will do exactly the >>>>> same. >>>> There are idiots claiming that a 5% net receipts tax is no more >>>> burdensome than a 10% tax on profits. 5 is smaller than 10, don't you >>>> see?
>>> Sad :-(
>>> Just imagine what that would do to the restaurant business alone. As it >>> is right now I am not sure that our Japanese and Thai places around here >>> will make it. That source tax would potentially push a lot of those over >>> the cliff.
>> For a restaurant, it's just sales tax; they charge about 8% around >> here already. All restaurants pay it, and people don't order meals >> from Oregon, so it's not a competitive issue as much as it just makes >> people dine out a little less.
>And that's just the problem we already have. When I sit in a restaurant >with my wife and some friends on a Saturday night and there's maybe five >tables occupied that somehow tells me that a drop to four tables could >already be the end.
>> I suppose some people on the Nevada border cross the line to eat, or >> order pizza from over the line.
>> But for companies that sell stuff, and have out-of-state competition, >> a gross receipts tax could really hurt. It's a job killer. We pay >> about 10% tax on a profit of 5%. A 5% gross receipts tax would be a >> 10x increase.
>Which the guys running a similar business in Nevada do not have to pay.
>> I do like the idea of taxing services as well as stuff, since more and >> more of our economy is services, and the competition for services is >> mostly local. ...
>Nope. I could order my custom stationery in Reno if I wanted to. Or send >my watch to a repair place in Tonopah. And when the dentist would have >to slap 8.5% sales tax on a $1500 root canal & crown job people sure as >hell would drive up to Minden or someplace to get it done.
>Just adding the existing sales tax to services would >> help the state deficit problem a lot.
>I am squarely opposed to that. No new taxes. Many services run more than >state-wide. It would simply increase the cost of doing business in >California by another x percent.
>We already must have a huge underground economy going on and that would >make it much worse. When I bought some PVC at a HW store the guy in >front of me had a large amount of building & plumbing materials on his >cart. Calloused hands, looked like a guy who does this for a living. The >tab came to several hundred bucks, seemed like a bathroom remodel. He >paid the entire tab in hard cash, with $20 and $50 bills, and did not >request a bill with any of his ID on there.
Even if i was doing business less than earnestly, i would always have receipts for my materials. It prevents way too many arguments.
<To-Email-Use-The-Envelope-I...@My-Web-Site.com> wrote: >On Mon, 02 Nov 2009 12:34:00 -0800, John Larkin ><jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
>>On Mon, 02 Nov 2009 09:39:02 -0800, Joerg <inva...@invalid.invalid> >>wrote:
>>>John Larkin wrote: >>>> On Sat, 31 Oct 2009 17:08:32 -0700, Joerg <inva...@invalid.invalid> >>>> wrote:
>>>>> John Larkin wrote: >>>>>> On Sat, 31 Oct 2009 11:48:21 -0700 (PDT), dagmargoodb...@yahoo.com >>>>>> wrote:
>>>>> [...]
>>>>>>> Jobs? The current health care bill penalizes employers who don't >>>>>>> provide government-approved health care. So, when you make it a >>>>>>> greater and greater pain to employ people, the easy, obvious, and only >>>>>>> solution is to outsource, to export jobs, to hire fewer workers. So >>>>>>> of course there'll be fewer jobs. I, personally, will create fewer >>>>>>> jobs. I guarantee it. >>>>>> I'll probably hold the line at about 20 employees and do more >>>>>> outsourcing and contracting. ...
>>>>> When they go through with the net receipts tax thing in CA where >>>>> salaries are supposedly non-deductible the others will do exactly the >>>>> same.
>>>> There are idiots claiming that a 5% net receipts tax is no more >>>> burdensome than a 10% tax on profits. 5 is smaller than 10, don't you >>>> see?
>>>Sad :-(
>>>Just imagine what that would do to the restaurant business alone. As it >>>is right now I am not sure that our Japanese and Thai places around here >>>will make it. That source tax would potentially push a lot of those over >>>the cliff.
>>For a restaurant, it's just sales tax; they charge about 8% around >>here already. All restaurants pay it, and people don't order meals >>from Oregon, so it's not a competitive issue as much as it just makes >>people dine out a little less.
>>I suppose some people on the Nevada border cross the line to eat, or >>order pizza from over the line.
>>But for companies that sell stuff, and have out-of-state competition, >>a gross receipts tax could really hurt. It's a job killer. We pay >>about 10% tax on a profit of 5%. A 5% gross receipts tax would be a >>10x increase.
>>I do like the idea of taxing services as well as stuff, since more and >>more of our economy is services, and the competition for services is >>mostly local. Just adding the existing sales tax to services would >>help the state deficit problem a lot.
>>John
>Shooting politicians and bureaucrats would be more effective ;-)
> ...Jim Thompson
That is why i keep suggesting open season on them.
On Mon, 02 Nov 2009 22:22:31 +0000, ChrisQ <m...@devnull.com> wrote: >Jim Thompson wrote:
>> Shooting politicians and bureaucrats would be more effective ;-)
>My sentiment as well, but someone has to run run the country and try to >balance the budgets. It would help the west if we all stopped exporting >jobs to China, but you can blame global multinationals for that, who >have no interest other than shareholder value. We all want free market >economics, but business is now too powerfull for the good of nations. >Finding the right balance is not a job I would want.
>But heck, what would I know, being in europe ?...
>Regards,
>Chris
Surprise, surprise, surprise, for once you are actually on the right track.
>>> Shooting politicians and bureaucrats would be more effective ;-)
>>My sentiment as well, but someone has to run run the country and try to >>balance the budgets. It would help the west if we all stopped exporting >>jobs to China, but you can blame global multinationals for that, who >>have no interest other than shareholder value.
>No business is run as a charity. All businesses do what they have to >do to compete and survive. And shareholders hire boards and executives >exactly to maximize the value of their stocks; wouldn't you? So, given >all that, tax policy should be structured to do the most good, which >includes creating jobs so that people have earnings so that they can >pay taxes.
> We all want free market >>economics, but business is now too powerfull for the good of nations.
>Business is 100% of all economies. Business has to be powerful because >it creates wealth and stuff. As long as businesses compete, the more >powerful the business side of the economy, the better off everybody >is. The miserable nations suffer from too little business, not too >much.
>John
Damn, keep those hallucinogens away from me, way too powerful. Take another, more thorough, look at Nigeria. A classic case of abuse by big multinationals. Make no mistake, i like small business, which contributes about 70% of all job creation, i just want big government to do its proper job by regulating big business cleanly. A foolish quest, i know.
<|||newspam...@nezumi.demon.co.uk> wrote: >John Larkin wrote: >> On Tue, 03 Nov 2009 21:40:32 -0600, krw <k...@att.bizzzzzzzzzzz> wrote:
>>> On Tue, 03 Nov 2009 16:10:25 -0800, John Larkin >>> <jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
>>>> On Mon, 02 Nov 2009 18:02:38 -0800, Joerg <inva...@invalid.invalid> >>>> wrote:
>>>>> Also, with all the common dissing of shareholder value one must not >>>>> forget one thing: Who started the company and who sunk money into it? >>>>> Right, shareholders. They take risks and, rightfully, they want to be >>>>> rewarded for taking those risks. At least in America. >>>> That's true for IPOs. But after that, the stocks usually become poker >>>> chips in a big gambling operation that's disconnected from the >>>> company's real performance. Nobody much buys stocks for dividends any >>>> more. >>> THe do expect the company to grow. Profits turned back into growth or >>> turned back to the shareholder, either way the shareholder's worth >>> increases.
>> Most stockholders don't get value from the company's profits. They get >> it from selling their stock to others. The value of the stock is >> largely perceptive, sometimes driven only by the positive feedback of >> its own increase or decrease in the market. When you buy a share of
>Even when the share price is real and through organic growth you can >still get it wrong by buying in at the top of a market cycle. I recall >that happening in a buyout of a company I was working for - the kids >with MBAs that came in to do "due diligence" were clueless and the sale >was done at the absolute top of the market. Great for the owners of >shares in the company being purchased but it sowed the seeds of >destruction for the purchaser.
>> stock on the market, the company gets no investment from that >> purchase, except for IPOs and new issues. The dot.com boom had lots of >> cases of stocks increasing wildly in value as the underlying companies >> had massive losses on absurd business models.
>I thought you were arguing against me in the other thread. Now you have >made my point about the dot.com bust much more eloquently than I did.
>And it wasn't just the start-ups that were caught up in irrational >exuberance - remember the 2001 telecoms crash caused by 3G phone >spectrum auctions that damn near bankrupt the mobile phone companies >when they bid way beyond their means to pay or ever make a profit after >putting in the infrastructure. Sophisticated companies who should have >known better tricked into paying way over the odds by a very cleverly >designed sealed bid auction. The likes of Vodaphone and other major >players went into tailspin afterwards.
>> The stock market is mostly a gambling pool, with a house cut.
>Increasingly dominated by very fast program trading that only cares >about the instantaneous value of the share. Owning shares for a few >seconds to make a quick buck does nothing for the company, and acts to >amplify any market instability when things turn nasty.
>>On Tue, 03 Nov 2009 16:10:25 -0800, John Larkin >><jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
>>>On Mon, 02 Nov 2009 18:02:38 -0800, Joerg <inva...@invalid.invalid> >>>wrote:
>>>>John Larkin wrote: >>>>> On Mon, 02 Nov 2009 22:22:31 +0000, ChrisQ <m...@devnull.com> wrote:
>>>>>> Jim Thompson wrote:
>>>>>>> Shooting politicians and bureaucrats would be more effective ;-)
>>>>>> My sentiment as well, but someone has to run run the country and try to >>>>>> balance the budgets. It would help the west if we all stopped exporting >>>>>> jobs to China, but you can blame global multinationals for that, who >>>>>> have no interest other than shareholder value.
>>>>> No business is run as a charity. All businesses do what they have to >>>>> do to compete and survive. And shareholders hire boards and executives >>>>> exactly to maximize the value of their stocks; wouldn't you? So, given >>>>> all that, tax policy should be structured to do the most good, which >>>>> includes creating jobs so that people have earnings so that they can >>>>> pay taxes.
>>>>Also, with all the common dissing of shareholder value one must not >>>>forget one thing: Who started the company and who sunk money into it? >>>>Right, shareholders. They take risks and, rightfully, they want to be >>>>rewarded for taking those risks. At least in America.
>>>That's true for IPOs. But after that, the stocks usually become poker >>>chips in a big gambling operation that's disconnected from the >>>company's real performance. Nobody much buys stocks for dividends any >>>more.
>>THe do expect the company to grow. Profits turned back into growth or >>turned back to the shareholder, either way the shareholder's worth >>increases.
>Most stockholders don't get value from the company's profits. They get >it from selling their stock to others. The value of the stock is >largely perceptive, sometimes driven only by the positive feedback of >its own increase or decrease in the market. When you buy a share of >stock on the market, the company gets no investment from that >purchase, except for IPOs and new issues. The dot.com boom had lots of >cases of stocks increasing wildly in value as the underlying companies >had massive losses on absurd business models.
>The stock market is mostly a gambling pool, with a house cut.
House cut? How is it extracted and who gets it and how? Inquiring minds want to know.
"JosephKK"<quiettechb...@yahoo.com> wrote: >On Tue, 03 Nov 2009 19:48:55 -0800, John Larkin ><jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
>>On Tue, 03 Nov 2009 21:40:32 -0600, krw <k...@att.bizzzzzzzzzzz> wrote:
>>>On Tue, 03 Nov 2009 16:10:25 -0800, John Larkin >>><jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
>>>>On Mon, 02 Nov 2009 18:02:38 -0800, Joerg <inva...@invalid.invalid> >>>>wrote:
>>>>>John Larkin wrote: >>>>>> On Mon, 02 Nov 2009 22:22:31 +0000, ChrisQ <m...@devnull.com> wrote:
>>>>>>> Jim Thompson wrote:
>>>>>>>> Shooting politicians and bureaucrats would be more effective ;-)
>>>>>>> My sentiment as well, but someone has to run run the country and try to >>>>>>> balance the budgets. It would help the west if we all stopped exporting >>>>>>> jobs to China, but you can blame global multinationals for that, who >>>>>>> have no interest other than shareholder value.
>>>>>> No business is run as a charity. All businesses do what they have to >>>>>> do to compete and survive. And shareholders hire boards and executives >>>>>> exactly to maximize the value of their stocks; wouldn't you? So, given >>>>>> all that, tax policy should be structured to do the most good, which >>>>>> includes creating jobs so that people have earnings so that they can >>>>>> pay taxes.
>>>>>Also, with all the common dissing of shareholder value one must not >>>>>forget one thing: Who started the company and who sunk money into it? >>>>>Right, shareholders. They take risks and, rightfully, they want to be >>>>>rewarded for taking those risks. At least in America.
>>>>That's true for IPOs. But after that, the stocks usually become poker >>>>chips in a big gambling operation that's disconnected from the >>>>company's real performance. Nobody much buys stocks for dividends any >>>>more.
>>>THe do expect the company to grow. Profits turned back into growth or >>>turned back to the shareholder, either way the shareholder's worth >>>increases.
>>Most stockholders don't get value from the company's profits. They get >>it from selling their stock to others. The value of the stock is >>largely perceptive, sometimes driven only by the positive feedback of >>its own increase or decrease in the market. When you buy a share of >>stock on the market, the company gets no investment from that >>purchase, except for IPOs and new issues. The dot.com boom had lots of >>cases of stocks increasing wildly in value as the underlying companies >>had massive losses on absurd business models.
>>The stock market is mostly a gambling pool, with a house cut.
>House cut? How is it extracted and who gets it and how? Inquiring >minds want to know.
>>John
Brokerage and asset management fees. And the more subtle extraction of value from the system by can't-lose automated trading, inside deals, VC parasitism, and management cut-outs. In Las Vegas at least you get free drinks.
<|||newspam...@nezumi.demon.co.uk> wrote: >John Larkin wrote: >> On Mon, 02 Nov 2009 22:22:31 +0000, ChrisQ <m...@devnull.com> wrote:
>>> Jim Thompson wrote:
>>>> Shooting politicians and bureaucrats would be more effective ;-)
>>> My sentiment as well, but someone has to run run the country and try to >>> balance the budgets. It would help the west if we all stopped exporting >>> jobs to China, but you can blame global multinationals for that, who >>> have no interest other than shareholder value.
>> No business is run as a charity. All businesses do what they have to >> do to compete and survive. And shareholders hire boards and executives >> exactly to maximize the value of their stocks; wouldn't you? So, given
>It depends on whether they maximise the long term value of their stocks >by genuine management skill and organic growth or talk the price up with >a well constructed pack of lies and then dump the stock at peak market >leaving real long term investors to carry the can. The dot.com boom was >a pretty good example of that scam.
>> all that, tax policy should be structured to do the most good, which >> includes creating jobs so that people have earnings so that they can >> pay taxes.
>No disagreement there. And simpler tax systems are better - but you do >have to do something smart to make sure that working harder always >creates a monotonically improving situation for most people.
>> We all want free market >>> economics, but business is now too powerfull for the good of nations.
>> Business is 100% of all economies. Business has to be powerful because >> it creates wealth and stuff. As long as businesses compete, the more >> powerful the business side of the economy, the better off everybody >> is. The miserable nations suffer from too little business, not too >> much.
>Remind me how it was that we ended up having to bail out banks with vast >amounts of taxpayers money? Heads we win - tails you lose casino banking.
>The increasing volume of high frequency trades looks like it will be the >next variant on the theme of too big to fail high loss city trading >MFUs. Around 70% of US stock transactions are now high speed programmed >trades parasitic on the businesses they purport to be dealing in. UK >experts are worried that the trend will totally destabilise the markets.
"JosephKK"<quiettechb...@yahoo.com> wrote: >On Sun, 01 Nov 2009 20:24:05 -0800, John Larkin ><jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
>>On Sat, 31 Oct 2009 17:08:32 -0700, Joerg <inva...@invalid.invalid> >>wrote:
>>>John Larkin wrote: >>>> On Sat, 31 Oct 2009 11:48:21 -0700 (PDT), dagmargoodb...@yahoo.com >>>> wrote:
>>>[...]
>>>>> Jobs? The current health care bill penalizes employers who don't >>>>> provide government-approved health care. So, when you make it a >>>>> greater and greater pain to employ people, the easy, obvious, and only >>>>> solution is to outsource, to export jobs, to hire fewer workers. So >>>>> of course there'll be fewer jobs. I, personally, will create fewer >>>>> jobs. I guarantee it.
>>>> I'll probably hold the line at about 20 employees and do more >>>> outsourcing and contracting. ...
>>>When they go through with the net receipts tax thing in CA where >>>salaries are supposedly non-deductible the others will do exactly the >>>same.
>>There are idiots claiming that a 5% net receipts tax is no more >>burdensome than a 10% tax on profits. 5 is smaller than 10, don't you >>see?
>>John
>I'll bet not a damn one of them has _ever_ been legitimately (ever >actually having a profit) in business.
>>On Nov 2, 5:22 pm, ChrisQ <m...@devnull.com> wrote: >>> Jim Thompson wrote:
>>> > Shooting politicians and bureaucrats would be more effective ;-)
>>> My sentiment as well, but someone has to run run the country and try to >>> balance the budgets.
>>You meant "unbalance," right?
>>> It would help the west if we all stopped exporting >>> jobs to China, but you can blame global multinationals for that, who >>> have no interest other than shareholder value. We all want free market >>> economics, but business is now too powerfull for the good of nations. >>> Finding the right balance is not a job I would want.
>>> But heck, what would I know, being in europe ?...
>>Businesses powerful? Businesses are lucky to make 10%. So if you try >>to take an extra 10%, they leave (or die). Outsourcing is just >>capital fleeing oppression.
>Both the oil companies and the health insurance companies run ballpark >4% profit on revenues. And most people hate them for that 4%.
>John
Only after the funky accounting. Nobody really knows how profitable really big business is except some of their accountants.
>> Just adding the existing sales tax to services would >>> help the state deficit problem a lot.
>> I am squarely opposed to that. No new taxes. Many services run more than >> state-wide. It would simply increase the cost of doing business in >> California by another x percent.
>> We already must have a huge underground economy going on and that would >> make it much worse. When I bought some PVC at a HW store the guy in >> front of me had a large amount of building & plumbing materials on his >> cart. Calloused hands, looked like a guy who does this for a living. The >> tab came to several hundred bucks, seemed like a bathroom remodel. He >> paid the entire tab in hard cash, with $20 and $50 bills, and did not >> request a bill with any of his ID on there.
> Even if i was doing business less than earnestly, i would always have > receipts for my materials. It prevents way too many arguments.
He probably kept the receipt alright. But a high-Dollar receipt without a clear link that he actually paid that himself (credit card slip etc.) will certainly raise the hackles of an auditor if claimed as a materials expense. Of course since he most likely flies under the radar all the time there won't be any. Problem is, the more such businesses get milked the more of them will completely dive under, IOW not "officially" exist and never file.
JosephKK wrote: > John Larkin wrote: > > dagmargoodb...@yahoo.com wrote: > >>Businesses powerful? Businesses are lucky to make 10%. So if you try > >>to take an extra 10%, they leave (or die). Outsourcing is just > >>capital fleeing oppression.
> >Both the oil companies and the health insurance companies run ballpark > >4% profit on revenues. And most people hate them for that 4%.
> >John
> Only after the funky accounting. Nobody really knows how profitable > really big business is except some of their accountants.
Try reading a few of their financial statements. With practice it's not that hard. But you have to do it.
True, they can lie, but that's not hard to spot. I avoid those. I listened to Ken Lay pitch the Enron miracle for 30 seconds and knew. Ditto Citibank, Freddie, Fannie, etc.
Government's more problematic. They spin, obfuscate, underreport, hide, etc. Try reading Freddie and Fannie's reports. Or tracking down Medicare costs.
All our social "trusts" are empty piggy banks, literally Ponzi schemes where the 1rst in get paid off by the latecomers. For companies, that's a felony.
Pelosi's recent health care bill estimates, using /her/ outlandish assumptions, were grossly understated. Calculator abuse. I wrote that, and now AP and others concur. Were Pelosi a CEO she'd be in jail. Instead, she's Speaker.
Suppose John Larkin decided to report only 2/3rds of his company's income--what would the IRS think of that?
"JosephKK"<quiettechb...@yahoo.com> wrote: >On Mon, 02 Nov 2009 17:08:26 -0800, John Larkin ><jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
>>On Mon, 02 Nov 2009 22:22:31 +0000, ChrisQ <m...@devnull.com> wrote:
>>>Jim Thompson wrote:
>>>> Shooting politicians and bureaucrats would be more effective ;-)
>>>My sentiment as well, but someone has to run run the country and try to >>>balance the budgets. It would help the west if we all stopped exporting >>>jobs to China, but you can blame global multinationals for that, who >>>have no interest other than shareholder value.
>>No business is run as a charity. All businesses do what they have to >>do to compete and survive. And shareholders hire boards and executives >>exactly to maximize the value of their stocks; wouldn't you? So, given >>all that, tax policy should be structured to do the most good, which >>includes creating jobs so that people have earnings so that they can >>pay taxes.
>> We all want free market >>>economics, but business is now too powerfull for the good of nations.
>>Business is 100% of all economies. Business has to be powerful because >>it creates wealth and stuff. As long as businesses compete, the more >>powerful the business side of the economy, the better off everybody >>is. The miserable nations suffer from too little business, not too >>much.
>>John
>Damn, keep those hallucinogens away from me, way too powerful. Take >another, more thorough, look at Nigeria. A classic case of abuse by >big multinationals.
The Nigerians don't need help from multinationals; thay are perfectly competant to abuse themselves.
>JosephKK wrote: >> John Larkin wrote: >> > dagmargoodb...@yahoo.com wrote:
>> >>Businesses powerful? Businesses are lucky to make 10%. So if you try >> >>to take an extra 10%, they leave (or die). Outsourcing is just >> >>capital fleeing oppression.
>> >Both the oil companies and the health insurance companies run ballpark >> >4% profit on revenues. And most people hate them for that 4%.
>> >John
>> Only after the funky accounting. Nobody really knows how profitable >> really big business is except some of their accountants.
>Try reading a few of their financial statements. With practice it's >not that hard. But you have to do it.
>True, they can lie, but that's not hard to spot. I avoid those. I >listened to Ken Lay pitch the Enron miracle for 30 seconds and knew. >Ditto Citibank, Freddie, Fannie, etc.
>Government's more problematic. They spin, obfuscate, underreport, >hide, etc. Try reading Freddie and Fannie's reports. Or tracking >down Medicare costs.
>All our social "trusts" are empty piggy banks, literally Ponzi schemes >where the 1rst in get paid off by the latecomers. For companies, >that's a felony.
>Pelosi's recent health care bill estimates, using /her/ outlandish >assumptions, were grossly understated. Calculator abuse. I wrote >that, and now AP and others concur. Were Pelosi a CEO she'd be in >jail. Instead, she's Speaker.
>Suppose John Larkin decided to report only 2/3rds of his company's >income--what would the IRS think of that?
My CPA wouldn't sign off on the tax returns, for starters. The most we dare get away with is expensing pizza for design reviews.
"JosephKK"<quiettechb...@yahoo.com> wrote: >On Mon, 02 Nov 2009 12:34:00 -0800, John Larkin ><jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
>>On Mon, 02 Nov 2009 09:39:02 -0800, Joerg <inva...@invalid.invalid> >>wrote:
>>>John Larkin wrote: >>>> On Sat, 31 Oct 2009 17:08:32 -0700, Joerg <inva...@invalid.invalid> >>>> wrote:
>>>>> John Larkin wrote: >>>>>> On Sat, 31 Oct 2009 11:48:21 -0700 (PDT), dagmargoodb...@yahoo.com >>>>>> wrote:
>>>>> [...]
>>>>>>> Jobs? The current health care bill penalizes employers who don't >>>>>>> provide government-approved health care. So, when you make it a >>>>>>> greater and greater pain to employ people, the easy, obvious, and only >>>>>>> solution is to outsource, to export jobs, to hire fewer workers. So >>>>>>> of course there'll be fewer jobs. I, personally, will create fewer >>>>>>> jobs. I guarantee it. >>>>>> I'll probably hold the line at about 20 employees and do more >>>>>> outsourcing and contracting. ...
>>>>> When they go through with the net receipts tax thing in CA where >>>>> salaries are supposedly non-deductible the others will do exactly the >>>>> same.
>>>> There are idiots claiming that a 5% net receipts tax is no more >>>> burdensome than a 10% tax on profits. 5 is smaller than 10, don't you >>>> see?
>>>Sad :-(
>>>Just imagine what that would do to the restaurant business alone. As it >>>is right now I am not sure that our Japanese and Thai places around here >>>will make it. That source tax would potentially push a lot of those over >>>the cliff.
>>For a restaurant, it's just sales tax; they charge about 8% around >>here already. All restaurants pay it, and people don't order meals >>from Oregon, so it's not a competitive issue as much as it just makes >>people dine out a little less.
>A few percent is the difference between making it and failing in the >restaurant biz.
>>I suppose some people on the Nevada border cross the line to eat, or >>order pizza from over the line.
>That is trivial and you know it.
>>But for companies that sell stuff, and have out-of-state competition, >>a gross receipts tax could really hurt. It's a job killer. We pay >>about 10% tax on a profit of 5%. A 5% gross receipts tax would be a >>10x increase.
>So you do kinda sorta get it.
>>I do like the idea of taxing services as well as stuff, since more and >>more of our economy is services, and the competition for services is >>mostly local. Just adding the existing sales tax to services would >>help the state deficit problem a lot.
>You are really far left whinge aren't you? Or is it only >jealousy/envy?
>>John
It makes sense to shift taxes to services that can't easily be outsourced to other countries, and reduce taxation on manufactured goods that can. That helps retain jobs. Do you disagree?
And why not have sales taxes on lawyers and auto repair and hair cutting?
>>On Tue, 03 Nov 2009 16:10:25 -0800, John Larkin >><jjlar...@highNOTlandTHIStechnologyPART.com> wrote:
>>>On Mon, 02 Nov 2009 18:02:38 -0800, Joerg <inva...@invalid.invalid> >>>wrote:
>>>>John Larkin wrote: >>>>> On Mon, 02 Nov 2009 22:22:31 +0000, ChrisQ <m...@devnull.com> wrote:
>>>>>> Jim Thompson wrote:
>>>>>>> Shooting politicians and bureaucrats would be more effective ;-)
>>>>>> My sentiment as well, but someone has to run run the country and try to >>>>>> balance the budgets. It would help the west if we all stopped exporting >>>>>> jobs to China, but you can blame global multinationals for that, who >>>>>> have no interest other than shareholder value.
>>>>> No business is run as a charity. All businesses do what they have to >>>>> do to compete and survive. And shareholders hire boards and executives >>>>> exactly to maximize the value of their stocks; wouldn't you? So, given >>>>> all that, tax policy should be structured to do the most good, which >>>>> includes creating jobs so that people have earnings so that they can >>>>> pay taxes.
>>>>Also, with all the common dissing of shareholder value one must not >>>>forget one thing: Who started the company and who sunk money into it? >>>>Right, shareholders. They take risks and, rightfully, they want to be >>>>rewarded for taking those risks. At least in America.
>>>That's true for IPOs. But after that, the stocks usually become poker >>>chips in a big gambling operation that's disconnected from the >>>company's real performance. Nobody much buys stocks for dividends any >>>more.
>>THe do expect the company to grow. Profits turned back into growth or >>turned back to the shareholder, either way the shareholder's worth >>increases.
>Most stockholders don't get value from the company's profits. They get >it from selling their stock to others.
Right, because the company, thus its stock, has value.
>The value of the stock is largely perceptive,
The value of everything is perceptive.
>sometimes driven only by the positive feedback of >its own increase or decrease in the market.
Kinda like everything else.
>When you buy a share of >stock on the market, the company gets no investment from that >purchase, except for IPOs and new issues.
No, you're transferring your stake in the company to someone else. When I sell a used car Government Motors gets no money from the resale either.
>The dot.com boom had lots of >cases of stocks increasing wildly in value as the underlying companies >had massive losses on absurd business models.
Certainly, though irrelevant.
>The stock market is mostly a gambling pool, with a house cut.
Any investment is a gambling pool, with a house cut. Just bury your money in your mattress. Don't worry. Be happy.
John Larkin wrote: > dagmargoodb...@yahoo.com wrote:
> >Pelosi's recent health care bill estimates, using /her/ outlandish > >assumptions, were grossly understated. Calculator abuse. I wrote > >that, and now AP and others concur. Were Pelosi a CEO she'd be in > >jail. Instead, she's Speaker.
> >Suppose John Larkin decided to report only 2/3rds of his company's > >income--what would the IRS think of that?
> My CPA wouldn't sign off on the tax returns, for starters. The most we > dare get away with is expensing pizza for design reviews.
The government doesn't publish financials--it just does whatever it wants to. It doesn't have a CPA, and it doesn't have to obey the law. Handy, eh?
Hey, since Mr. Obama's touting the benefits of "competition" in healthcare, how 'bout a competitor for the IRS? You know, to provide services cheaper, better, and faster?
Oopps, I just burped and accidentally created or saved 3 jobs. How do I collect my $750K?
>> >Pelosi's recent health care bill estimates, using /her/ outlandish >> >assumptions, were grossly understated. Calculator abuse. I wrote >> >that, and now AP and others concur. Were Pelosi a CEO she'd be in >> >jail. Instead, she's Speaker.
>> >Suppose John Larkin decided to report only 2/3rds of his company's >> >income--what would the IRS think of that?
>> My CPA wouldn't sign off on the tax returns, for starters. The most we >> dare get away with is expensing pizza for design reviews.
>The government doesn't publish financials--it just does whatever it >wants to. It doesn't have a CPA, and it doesn't have to obey the >law. Handy, eh?
>Hey, since Mr. Obama's touting the benefits of "competition" in >healthcare, how 'bout a competitor for the IRS? You know, to provide >services cheaper, better, and faster?
>Oopps, I just burped and accidentally created or saved 3 jobs. How do >I collect my $750K?
Your attempt at parody can't begin to approach the insanity of Obamareality:
"At Southwest Georgia Community Action Council, director Myrtis Mulkey-Ndawula said she followed the guidelines the Obama administration provided. She said she multiplied the 508 employees by 1.84 — the percentage pay raise they received — and came up with 935 jobs saved."
> It makes sense to shift taxes to services that can't easily be > outsourced to other countries, and reduce taxation on manufactured > goods that can. That helps retain jobs. Do you disagree?
> And why not have sales taxes on lawyers and auto repair and hair > cutting?
> John
We do in the uk and the rest of europe. It's call vat, or value added tax and is payable on just about everything at a fixed rate of 17.5%. Service industries and lawyers included :-). No one likes it, but it seems to work. The more you consume, the more tax you pay. Some things are exempt, but not many.
My guess is that it's only a matter of time before the us does something similar...
On Mon, 02 Nov 2009 12:34:00 -0800, John Larkin wrote:
> I do like the idea of taxing services as well as stuff, since more and > more of our economy is services, and the competition for services is > mostly local. Just adding the existing sales tax to services would help > the state deficit problem a lot.
No, that's another tax on income, which is wrong. With a purchase tax, the doctors and lawyers and other bureaucrats will pay their tax when they buy toys and boats and SUVs and stuff.
On Thu, 05 Nov 2009 13:32:25 +0000, ChrisQ <m...@devnull.com> wrote: >John Larkin wrote:
>> It makes sense to shift taxes to services that can't easily be >> outsourced to other countries, and reduce taxation on manufactured >> goods that can. That helps retain jobs. Do you disagree?
>> And why not have sales taxes on lawyers and auto repair and hair >> cutting?
>> John
>We do in the uk and the rest of europe. It's call vat, or value added >tax and is payable on just about everything at a fixed rate of 17.5%. >Service industries and lawyers included :-). No one likes it, but it >seems to work. The more you consume, the more tax you pay. Some things >are exempt, but not many.
Just what I like, a regressive tax. ;-)
>My guess is that it's only a matter of time before the us does something >similar...
No way. How do you expect the Demonicrats to control society without the power to tax indiscriminately?
<pcdhSpamMeSensel...@electrooptical.net> wrote: >How much energy is it safe to dump into an HC-series MUX when >discharging a cap? It would be convenient to be able to discharge 10 nF >from 5V to 0 using a 74VHC4053. I think that is probably safe, but it >will certainly exceed the abs max current during the discharge event.
>Relevant experience, anybody?
>Thanks
>Phil Hobbs
I can't claim to really know, but i get this twitchy feeling that it would produce very small incremental damage that would lead to lifetime type problems.
"JosephKK"<quiettechb...@yahoo.com> wrote: >On Fri, 30 Oct 2009 11:10:20 -0400, Phil Hobbs ><pcdhSpamMeSensel...@electrooptical.net> wrote:
>>How much energy is it safe to dump into an HC-series MUX when >>discharging a cap? It would be convenient to be able to discharge 10 nF >>from 5V to 0 using a 74VHC4053. I think that is probably safe, but it >>will certainly exceed the abs max current during the discharge event.
>>Relevant experience, anybody?
>>Thanks
>>Phil Hobbs
>I can't claim to really know, but i get this twitchy feeling that it >would produce very small incremental damage that would lead to >lifetime type problems.
>>On Fri, 30 Oct 2009 11:10:20 -0400, Phil Hobbs >><pcdhSpamMeSensel...@electrooptical.net> wrote:
>>>How much energy is it safe to dump into an HC-series MUX when >>>discharging a cap? It would be convenient to be able to discharge 10 nF >>>from 5V to 0 using a 74VHC4053. I think that is probably safe, but it >>>will certainly exceed the abs max current during the discharge event.
>>>Relevant experience, anybody?
>>>Thanks
>>>Phil Hobbs
>>I can't claim to really know, but i get this twitchy feeling that it >>would produce very small incremental damage that would lead to >>lifetime type problems.
>You don't know, and it won't.
>John
_You_ don't know, and it might. Depending on the energy there can be gradual electromigration.
However, I earlier opined that IDSS would likely limit the current to a safe level... but that's not certain, 'VHC' devices are pretty small (short-channel), fast, and low ON resistance.
Since I did a redesign of that stuff for ON Semi, I have the device-level models. When I get a free moment (don't hold your breath :-), I'll run an energy dump on the 4053 and see if any SOA limits are exceeded. I happen to have also written a hot-electron SOA checker (macro), so I should be able to predict any adverse effects.
Just because you may have _once_ dumped a capacitor with an analog switch doesn't make you an expert ;-)
...Jim Thompson -- | James E.Thompson, CTO | mens | | Analog Innovations, Inc. | et | | Analog/Mixed-Signal ASIC's and Discrete Systems | manus | | Phoenix, Arizona 85048 Skype: Contacts Only | | | Voice:(480)460-2350 Fax: Available upon request | Brass Rat | | E-mail Icon at http://www.analog-innovations.com | 1962 |
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