Avatar74
May 4, 03:21 PM
two things:
a) Does nobody read?
From TFA:
Apple is said to presumably be planning to also release Mac OS X Lion on physical media to support users who are running older Mac OS X versions incompatible with the Mac App Store or who have slow Internet connections that would make downloading the large update unwieldy.
Granted, I think that the article is a little bit of intentional flamebait because they use wishywashy words like "preferred" to start up a discussion to ratchet up page views.... But come on, people. We all know that every time Macrumors tries to start controversy on a perceived "change" in functionality or standards, nine times out of ten there's more than one option available... '
I swear, this is like explaining nested hierarchies to a creationist...
b) to PMZ, regarding Time Machine... It's not a "single snapshot"... Since you can go back to any point in time, just go back to a point on the Time Machine timeline BEFORE everything went berserk with a given file or directory. For a full system restore, though, it's always most sensible to do a clean install from the system disc. Again, see above, as app store download clearly is not the only method.
a) Does nobody read?
From TFA:
Apple is said to presumably be planning to also release Mac OS X Lion on physical media to support users who are running older Mac OS X versions incompatible with the Mac App Store or who have slow Internet connections that would make downloading the large update unwieldy.
Granted, I think that the article is a little bit of intentional flamebait because they use wishywashy words like "preferred" to start up a discussion to ratchet up page views.... But come on, people. We all know that every time Macrumors tries to start controversy on a perceived "change" in functionality or standards, nine times out of ten there's more than one option available... '
I swear, this is like explaining nested hierarchies to a creationist...
b) to PMZ, regarding Time Machine... It's not a "single snapshot"... Since you can go back to any point in time, just go back to a point on the Time Machine timeline BEFORE everything went berserk with a given file or directory. For a full system restore, though, it's always most sensible to do a clean install from the system disc. Again, see above, as app store download clearly is not the only method.
jkozlow3
Mar 28, 10:24 AM
Yes, precisely. Android and other handsets are moving to Tegra 2/Orion based platforms with maybe quad core SoCs coming in Fall '11 from nVidia. An A5 equipped iPhone shipping around September would be outdated the minute it hits the shelves as far as hardware is concerned.
With Pocket Legends already reporting that gaming on Android is making them more money than on iOS and this delay in Apple's usual release schedule, it could mean that iOS gaming could lose out to Android and set the pace for future developments, just like what happened to Apple in the 80s with the rise of the PC.
While I doubt we have anything to worry about short term as iOS device owners, if they keep this up in the long term and keep losing ground to Android, it might become a problem.
The Verizon iPhone was the nail in Android's coffin. Not saying Android will go away completely, but I do believe iPhones will be as popular as iPods within a couple more years. How many people do you know without an iPod of some sort? (at least prior to the iPhone which has replaced the iPod for many)
With Pocket Legends already reporting that gaming on Android is making them more money than on iOS and this delay in Apple's usual release schedule, it could mean that iOS gaming could lose out to Android and set the pace for future developments, just like what happened to Apple in the 80s with the rise of the PC.
While I doubt we have anything to worry about short term as iOS device owners, if they keep this up in the long term and keep losing ground to Android, it might become a problem.
The Verizon iPhone was the nail in Android's coffin. Not saying Android will go away completely, but I do believe iPhones will be as popular as iPods within a couple more years. How many people do you know without an iPod of some sort? (at least prior to the iPhone which has replaced the iPod for many)
Don't panic
Apr 11, 07:06 AM
are we still debating over this?
if we stay to basic math, it depends on how you read the / sign
if it only refers to the immediately following expression then you'd have
(48/2)*(9+3)=288
if it refers to everything following, then you'd have
48/[2*(9+3)]=2
it is poorly written (or more likely purposely ambiguously written), but in such cases the left-to-right rule should prevail, making it 288. on the other hand, square brackets are way cooler than round brackets, making 2 the cool answer.
if we move to postadvanced math however, it is clear that "/" separates two expressions: 48 and 2(9+3);
- as someone already mentioned above, absence of the operator implies multiplication, so 48=4*8. now, everyone knows that by the reciprocal inversity properties multiplication is the opposite of division, therefore 4 multiplied by 8 must be equal to 8 divided by 4, which is most obviously 2 (on the left part of the expression);
- now to the right part. this is easy. Ignoring the round bracket (which as mentioned are uncool), you have 2*9+3, which gives you a very straightforward 21;
- so now we have 2/21, which as demonstrated above is equal to 21*2, which is (i hope no one disagrees on this) 42.
so please now stop with your earthlingy bickering: the answer is always 42. :rolleyes::rolleyes::rolleyes:
if we stay to basic math, it depends on how you read the / sign
if it only refers to the immediately following expression then you'd have
(48/2)*(9+3)=288
if it refers to everything following, then you'd have
48/[2*(9+3)]=2
it is poorly written (or more likely purposely ambiguously written), but in such cases the left-to-right rule should prevail, making it 288. on the other hand, square brackets are way cooler than round brackets, making 2 the cool answer.
if we move to postadvanced math however, it is clear that "/" separates two expressions: 48 and 2(9+3);
- as someone already mentioned above, absence of the operator implies multiplication, so 48=4*8. now, everyone knows that by the reciprocal inversity properties multiplication is the opposite of division, therefore 4 multiplied by 8 must be equal to 8 divided by 4, which is most obviously 2 (on the left part of the expression);
- now to the right part. this is easy. Ignoring the round bracket (which as mentioned are uncool), you have 2*9+3, which gives you a very straightforward 21;
- so now we have 2/21, which as demonstrated above is equal to 21*2, which is (i hope no one disagrees on this) 42.
so please now stop with your earthlingy bickering: the answer is always 42. :rolleyes::rolleyes::rolleyes:
JoeG4
Apr 5, 08:51 PM
Sarcasm online is fun. But you do realize this is correct for software or other media, and not true for hardware. Right?
You own the piece of hardware, but you only have a license that gives you the right to use the software that is required to operate the hardware.
The catch, is unlike computers - the hardware in many new devices (phones, routers, TVs, etc), is highly proprietary and the manufacturers of the chips refuse to release any white papers/information sheets on how to program for the chip.
In other words, you couldn't port Linux to the iPhone if you wanted to. Apple could pull a page out of Motorola's book and make a chip that bricks itself in the face of unsigned, 3rd party hardware.
Look at the depths Sony is going to in order to keep people from Linux on the PS3 now.
In a sense, you really DON'T own the hardware in these situations. Frankly, I'm surprised Apple even bothers to sell iPhones, they should just put them out on 2 year leases and then claim the phone back at the end.
You own the piece of hardware, but you only have a license that gives you the right to use the software that is required to operate the hardware.
The catch, is unlike computers - the hardware in many new devices (phones, routers, TVs, etc), is highly proprietary and the manufacturers of the chips refuse to release any white papers/information sheets on how to program for the chip.
In other words, you couldn't port Linux to the iPhone if you wanted to. Apple could pull a page out of Motorola's book and make a chip that bricks itself in the face of unsigned, 3rd party hardware.
Look at the depths Sony is going to in order to keep people from Linux on the PS3 now.
In a sense, you really DON'T own the hardware in these situations. Frankly, I'm surprised Apple even bothers to sell iPhones, they should just put them out on 2 year leases and then claim the phone back at the end.
anonalidall
May 7, 11:44 AM
Point taken but what kind of FOOL am I to trade my privacy to Google for a paltry $6 at any level?
Where you go, who you speak to and how you communicate is of tremendous value and I recommend that people think about actual value. We're moving from this era where the expectation should be that Cloud services at a basic level should be incorporated into the product without the vendor resorting to advertisements.
Google and Facebook have both come out with disturbing revelations about how they feel about consumer privacy. I think the beauty of the web is that no company is irreplaceable. I could continue to get email, online calendar, pictures, documents and more without Google and that's a great feeling.
First, it's the very nature of capitalism that provides you with the ability to pick and choose the best service/company that meets your needs.
Second, I'm not sure what you mean by "We're moving from this era where the expectation should be that Cloud services at a basic level should be incorporated into the product without the vendor resorting to advertisements." If you mean that we should get free Cloud services without ads then I think you're completely wrong and I'm most worried about sites that provide free services and have absolutely nothing but VC cash to pay for it. And if you mean we should have the option of paying for Cloud services to avoid ads, then fine, but you can do that with Gmail, so I don't see why you think MobileMe is any better than Gmail (from the privacy perspective).
Lastly, I wouldn't lump Google and Facebook together when it comes to privacy. Sergey Brin and Larry Page have made very strong statements about their respect for their users and they understand that without the users they'd have no company. Eric has made a lame-brained comment or two, and Google Buzz screwed up, but they fixed it (and at least when you signed into Gmail they had the option to opt out of it).
Facebook is a whole different story. Their whole exec branch seems to disregard privacy and they've been rolling out auto-opt-in feature after feature that removes your privacy.
Where you go, who you speak to and how you communicate is of tremendous value and I recommend that people think about actual value. We're moving from this era where the expectation should be that Cloud services at a basic level should be incorporated into the product without the vendor resorting to advertisements.
Google and Facebook have both come out with disturbing revelations about how they feel about consumer privacy. I think the beauty of the web is that no company is irreplaceable. I could continue to get email, online calendar, pictures, documents and more without Google and that's a great feeling.
First, it's the very nature of capitalism that provides you with the ability to pick and choose the best service/company that meets your needs.
Second, I'm not sure what you mean by "We're moving from this era where the expectation should be that Cloud services at a basic level should be incorporated into the product without the vendor resorting to advertisements." If you mean that we should get free Cloud services without ads then I think you're completely wrong and I'm most worried about sites that provide free services and have absolutely nothing but VC cash to pay for it. And if you mean we should have the option of paying for Cloud services to avoid ads, then fine, but you can do that with Gmail, so I don't see why you think MobileMe is any better than Gmail (from the privacy perspective).
Lastly, I wouldn't lump Google and Facebook together when it comes to privacy. Sergey Brin and Larry Page have made very strong statements about their respect for their users and they understand that without the users they'd have no company. Eric has made a lame-brained comment or two, and Google Buzz screwed up, but they fixed it (and at least when you signed into Gmail they had the option to opt out of it).
Facebook is a whole different story. Their whole exec branch seems to disregard privacy and they've been rolling out auto-opt-in feature after feature that removes your privacy.
gnasher729
Apr 25, 09:58 AM
Is there a link to a site showing that Google logs the tracking info on their servers?
http://samy.pl/androidmap/
It finds my router within 150 meters. This is something that should _not_ be possible. Apple claims that it is not possible to access the location data on their servers, unless you are an iPhone asking for its location. So you should only be able to get the location of WiFi base stations nearby - but you know their location anyway.
It's inaccurate because it doesn't track YOUR location, just the location of your nearest Cell Tower.
It's not about cell towers, it is about Wifi base stations. And it is not about _your_ location, it is about the location of these WiFi base stations.
that is the point that apple is critizised for. this is a gaping security hole! nobody has claimed apple is using this information for malicious purposes.
however Steve answered the question if apple is tracking users. a classic strawman.
Give us a realistic scenario where this would be an actually security problem. Where a person can access your phone, and has the time to extract this data without being noticed, finds places where you have been, uses this information to hurt you, and could not get this information or hurt you in another way. That's the important thing: It is only a risk if that information, and nothing else, allows someone to hurt you.
http://samy.pl/androidmap/
It finds my router within 150 meters. This is something that should _not_ be possible. Apple claims that it is not possible to access the location data on their servers, unless you are an iPhone asking for its location. So you should only be able to get the location of WiFi base stations nearby - but you know their location anyway.
It's inaccurate because it doesn't track YOUR location, just the location of your nearest Cell Tower.
It's not about cell towers, it is about Wifi base stations. And it is not about _your_ location, it is about the location of these WiFi base stations.
that is the point that apple is critizised for. this is a gaping security hole! nobody has claimed apple is using this information for malicious purposes.
however Steve answered the question if apple is tracking users. a classic strawman.
Give us a realistic scenario where this would be an actually security problem. Where a person can access your phone, and has the time to extract this data without being noticed, finds places where you have been, uses this information to hurt you, and could not get this information or hurt you in another way. That's the important thing: It is only a risk if that information, and nothing else, allows someone to hurt you.
kirk26
Mar 29, 01:23 PM
Weird. There are more positive votes than negative Amazon's cloud-based service. When there was talk of Apple doing it there were more negative votes than positive votes.
Krafty
Apr 5, 02:55 PM
I agree 100%.
In case you haven't picked up - I have a passion for asians, so I was agreeing that there should be 75% of asian girls sitting on unaffordable cars wallpapers in Cydia.
In case you haven't picked up - I have a passion for asians, so I was agreeing that there should be 75% of asian girls sitting on unaffordable cars wallpapers in Cydia.
VivaLaDricas
Apr 26, 02:53 PM
Don't see how this is news really. 2+2=4 webOS, Winmo7, etc.. whatever is on the sheer amount of devices Android is on will have larger numbers. Apple does things their way to make money on the hardware as well which = lower share.
Hopefully HP does something with webOS and MS makes strides in their mobile area so we have a lot of choice and not eventually 80%+ Android stuff.
Nothing against Android here, just saying most of this is obvious and a no sh** type of news.
Hopefully HP does something with webOS and MS makes strides in their mobile area so we have a lot of choice and not eventually 80%+ Android stuff.
Nothing against Android here, just saying most of this is obvious and a no sh** type of news.
QCassidy352
Jul 21, 02:45 PM
I 2nd this.
Why not update them too? I understand that the MBP is PRO but still. What would the MB's be getting then as far as an update at some point?
oh, the MB will get Merom, probably just not for a little while. The MBP has been shipping for 6 months, the MB for only 2. The MBP looks a little weak on price/performance compared to similar PC laptops; the MB holds up very well in price/performance comparisons. The MB is still selling so well apple can hardly keep the white models in stock, whereas demand for the MBP is much lower.
So rest assured, the MB will see Merom, but the MBP will see it first. Probably soon. :)
Why not update them too? I understand that the MBP is PRO but still. What would the MB's be getting then as far as an update at some point?
oh, the MB will get Merom, probably just not for a little while. The MBP has been shipping for 6 months, the MB for only 2. The MBP looks a little weak on price/performance compared to similar PC laptops; the MB holds up very well in price/performance comparisons. The MB is still selling so well apple can hardly keep the white models in stock, whereas demand for the MBP is much lower.
So rest assured, the MB will see Merom, but the MBP will see it first. Probably soon. :)
JoshRtek
Aug 7, 07:33 PM
Everyone's been complaining about the nVidia GeForce 7300 GT...
All I want to know is how it compares to the ATI Radeon x800xt? I currently have one in my PC and it has served me well for almost 2 years; I can play any game that's out today (maybe not at huge resolutions, but with all options turned on). Anyone?
All I want to know is how it compares to the ATI Radeon x800xt? I currently have one in my PC and it has served me well for almost 2 years; I can play any game that's out today (maybe not at huge resolutions, but with all options turned on). Anyone?
swingerofbirch
Jul 30, 02:24 AM
Maybe Apple can bring to the US the model where you pay to call not to receive!
HOORAY.
HOORAY.
rdlink
Apr 21, 09:12 PM
And how do you operate it? A server can be accessed from a workstation but a Mac Pro IS a workstation, it's not a server. It's not a logical step. I have a professional photographer in the family, with a Mac Pro. He needs to load his RAWs onto his Mac for post processing. How to do this if that Mac is in another room, in a rack :confused: Very inconvenient if you ask me.
Not sure you quite get it. The idea here would be that the one machine could be used either as a workstation, or as a server. You could use it in a SOHO situation as a workstation/under the desk server. An enterprise could configure it as a rack mounted server. One assembly line. Two products.
Not sure you quite get it. The idea here would be that the one machine could be used either as a workstation, or as a server. You could use it in a SOHO situation as a workstation/under the desk server. An enterprise could configure it as a rack mounted server. One assembly line. Two products.
HoldFastHope
Nov 4, 11:27 PM
Jeez. You have to a moron of epic proportions to go this route for a car GPS.
Because?
I use the TomTom app with a DLO vent mount, car charger and stereo with 3.5mm input. Total cost including the mount was about AU $100.
I had a Navman S45 which cost $280, heavily discounted. It was stolen from my car (I'd hidden everything, but they broke in anyway :() and the TomTom/iPhone route is actually more convenient for me because:
1. I now get voice instructions over the car speakers
2. I don't have to worry about my GPS being stolen from my car
3. I can navigate to anyone in my address book without having to enter an address (assuming I have it to begin with)
4. I don't have to juggle car chargers. Dedicated GPS's don't last long without them, neither do iPhones that are pumping music for long periods :)
5. My nav app is now with me everywhere, I don't get the "Oh man I wish I brought my Navman" problem anymore.
Granted, I didn't pay $150+ for the cradle. But even if I did, it would still be cheaper than the S45 and does a much better job IMO. Note I have the TomTom, but any of the other two nav apps would likely be the same experience.
Maybe it's just me, but I think the convenience far outweighs the cost. Although the fact that we Australians get raped on GPS prices probably doesn't help :)
Because?
I use the TomTom app with a DLO vent mount, car charger and stereo with 3.5mm input. Total cost including the mount was about AU $100.
I had a Navman S45 which cost $280, heavily discounted. It was stolen from my car (I'd hidden everything, but they broke in anyway :() and the TomTom/iPhone route is actually more convenient for me because:
1. I now get voice instructions over the car speakers
2. I don't have to worry about my GPS being stolen from my car
3. I can navigate to anyone in my address book without having to enter an address (assuming I have it to begin with)
4. I don't have to juggle car chargers. Dedicated GPS's don't last long without them, neither do iPhones that are pumping music for long periods :)
5. My nav app is now with me everywhere, I don't get the "Oh man I wish I brought my Navman" problem anymore.
Granted, I didn't pay $150+ for the cradle. But even if I did, it would still be cheaper than the S45 and does a much better job IMO. Note I have the TomTom, but any of the other two nav apps would likely be the same experience.
Maybe it's just me, but I think the convenience far outweighs the cost. Although the fact that we Australians get raped on GPS prices probably doesn't help :)
BWhaler
Sep 16, 12:11 AM
To be fair, I think you are thinking of MacOSRumors (MOSR), not MacOSXRumors. The former have a terrible record in regards to rumours (ie they make up everything), while the latter seem to be a bit more reliable. Shame they are named so similarly though.
You're right.
Thanks for the correction.
You're right.
Thanks for the correction.
ticman
Nov 13, 01:57 PM
My concern with A windshield mount is all the wires hanging down. Two if using power cord and speaker cord.
Thoughts or comments?
Thoughts or comments?
kavika411
Apr 15, 07:28 PM
Why focus your perspective on gaining wealth?
Aren't there more important things than that in our brief lives?
Good lord. Where on earth did itcheroni suggest there.is.nothing.more.important.in.his.brief.life.than.gaining.wealth?
I believe the single sentence you quoted/responded to of his was this:
your perspective would change completely if you ever decide to invest or trade.
Or was that simply the strawman rhetorical question of the day ... err ... hour?
(Feel free to reply with an emoticon.)
Aren't there more important things than that in our brief lives?
Good lord. Where on earth did itcheroni suggest there.is.nothing.more.important.in.his.brief.life.than.gaining.wealth?
I believe the single sentence you quoted/responded to of his was this:
your perspective would change completely if you ever decide to invest or trade.
Or was that simply the strawman rhetorical question of the day ... err ... hour?
(Feel free to reply with an emoticon.)
Chundles
Sep 10, 11:23 PM
Wanted to add to this thread the "interesting" picture...
http://www.blogsmithmedia.com/www.tuaw.com/media/2006/09/sept12pic.jpg
Source: http://www.tuaw.com/2006/09/10/banner-for-september-12th-event/
Looks fake.
Is fake.
Discussion of fake iPod picture. (http://forums.macrumors.com/showthread.php?t=232341)
http://www.blogsmithmedia.com/www.tuaw.com/media/2006/09/sept12pic.jpg
Source: http://www.tuaw.com/2006/09/10/banner-for-september-12th-event/
Looks fake.
Is fake.
Discussion of fake iPod picture. (http://forums.macrumors.com/showthread.php?t=232341)
Mattstkc
Apr 25, 08:57 AM
Wirelessly posted (Mozilla/5.0 (iPhone; U; CPU iPhone OS 4_3_2 like Mac OS X; en-us) AppleWebKit/533.17.9 (KHTML, like Gecko) Version/5.0.2 Mobile/8H7 Safari/6533.18.5)
I don't get the big deal about it. If you want to be anonymous, get off fb, twitter, macrumors, etc. Then cancel all Internet plans you have and your cellular plan. Then no one will ever know where you are unless you tell them.
+1. My IP is being logged right now most likely. No matter where you go, using any communication device, you can be tracked. If you're that paranoid, get off the grid. Every phone company tracks your location. This for iPhone users is just a log of it on your phone.
I do agree, however, that the consolidated.db file should at least be encrypted if it is to remain on the device. Now any good crook knows all they need is your iphone to find out when best to rob you.
I don't get the big deal about it. If you want to be anonymous, get off fb, twitter, macrumors, etc. Then cancel all Internet plans you have and your cellular plan. Then no one will ever know where you are unless you tell them.
+1. My IP is being logged right now most likely. No matter where you go, using any communication device, you can be tracked. If you're that paranoid, get off the grid. Every phone company tracks your location. This for iPhone users is just a log of it on your phone.
I do agree, however, that the consolidated.db file should at least be encrypted if it is to remain on the device. Now any good crook knows all they need is your iphone to find out when best to rob you.
Unorthodox
Aug 2, 02:08 PM
How about this for WWDC:
--Talk about how great the switch to Intel is going
--Praise developers work on Universal apps
--Talk about pro software
--Sit down and preview Leopard
--Talk about new Core 2 Duo
--Oh, by the way the iMac I have been using has the new Core 2 Duo
--Talk about how great the switch to Intel is going
--Praise developers work on Universal apps
--Talk about pro software
--Sit down and preview Leopard
--Talk about new Core 2 Duo
--Oh, by the way the iMac I have been using has the new Core 2 Duo
rtdunham
Mar 27, 09:38 AM
I've read the music-in-the-cloud might store only iTMS-purchased music. I hope that' s not the case. If I'm storing my music I want to store all of it, not have to keep track of which part of it's in the cloud and which remains hardware-based. Ditto for other media, for that matter.
JAT
Mar 29, 04:13 PM
Secondly, the term "3rd world" and "1st world" is offensive. The proper term is developing and developed world.
Yawn. In 5 years, those terms will be "offensive". Then we'll have to call them "mature" and "growing". Then, 20 years later that will be offensive, and we'll have to call them "service oriented" and "industry oriented". Then, 20 years later that will be offensive, and we'll have to call them "1st world" and "3rd world" again. Get off your PC high horse and deal with life straight on instead of hiding behind semantics.
*note: PC does not always refer to computers.
Yawn. In 5 years, those terms will be "offensive". Then we'll have to call them "mature" and "growing". Then, 20 years later that will be offensive, and we'll have to call them "service oriented" and "industry oriented". Then, 20 years later that will be offensive, and we'll have to call them "1st world" and "3rd world" again. Get off your PC high horse and deal with life straight on instead of hiding behind semantics.
*note: PC does not always refer to computers.
rdowns
Apr 14, 09:44 AM
Long and very interesting article on taxes. Very good read. (http://www.wweek.com/portland/article-17350-9_things_the_rich_dont_want_you_to_know_about_taxes.html)
As millions of Americans prepare to file their annual taxes, they do so in an environment of media-perpetuated tax myths. Here are a few points about taxes and the economy that you may not know, to consider as you prepare to file your taxes. (All figures are inflation-adjusted.)
The Internal Revenue Service issues an annual report on the 400 highest income-tax payers. In 1961, there were 398 taxpayers who made $1 million or more, so I compared their income tax burdens from that year to 2007.
Despite skyrocketing incomes, the federal tax burden on the richest 400 has been slashed, thanks to a variety of loopholes, allowable deductions and other tools. The actual share of their income paid in taxes, according to the IRS, is 16.6 percent. Adding payroll taxes barely nudges that number.
Compare that to the vast majority of Americans, whose share of their income going to federal taxes increased from 13.1 percent in 1961 to 22.5 percent in 2007.
(By the way, during seven of the eight George W. Bush years, the IRS report on the top 400 taxpayers was labeled a state secret, a policy that the Obama administration overturned almost instantly after his inauguration.)
A corporate tax rate that is too low actually destroys jobs. That�s because a higher tax rate encourages businesses (who don�t want to pay taxes) to keep the profits in the business and reinvest, rather than pull them out as profits and have to pay high taxes.
The 2004 American Jobs Creation Act, which passed with bipartisan support, allowed more than 800 companies to bring profits that were untaxed but overseas back to the United States. Instead of paying the usual 35 percent tax, the companies paid just 5.25 percent.
The companies said bringing the money home��repatriating� it, they called it�would mean lots of jobs. Sen. John Ensign, the Nevada Republican, put the figure at 660,000 new jobs.
Pfizer, the drug company, was the biggest beneficiary. It brought home $37 billion, saving $11 billion in taxes. Almost immediately it started firing people. Since the law took effect, Pfizer has let 40,000 workers go. In all, it appears that at least 100,000 jobs were destroyed.
As millions of Americans prepare to file their annual taxes, they do so in an environment of media-perpetuated tax myths. Here are a few points about taxes and the economy that you may not know, to consider as you prepare to file your taxes. (All figures are inflation-adjusted.)
The Internal Revenue Service issues an annual report on the 400 highest income-tax payers. In 1961, there were 398 taxpayers who made $1 million or more, so I compared their income tax burdens from that year to 2007.
Despite skyrocketing incomes, the federal tax burden on the richest 400 has been slashed, thanks to a variety of loopholes, allowable deductions and other tools. The actual share of their income paid in taxes, according to the IRS, is 16.6 percent. Adding payroll taxes barely nudges that number.
Compare that to the vast majority of Americans, whose share of their income going to federal taxes increased from 13.1 percent in 1961 to 22.5 percent in 2007.
(By the way, during seven of the eight George W. Bush years, the IRS report on the top 400 taxpayers was labeled a state secret, a policy that the Obama administration overturned almost instantly after his inauguration.)
A corporate tax rate that is too low actually destroys jobs. That�s because a higher tax rate encourages businesses (who don�t want to pay taxes) to keep the profits in the business and reinvest, rather than pull them out as profits and have to pay high taxes.
The 2004 American Jobs Creation Act, which passed with bipartisan support, allowed more than 800 companies to bring profits that were untaxed but overseas back to the United States. Instead of paying the usual 35 percent tax, the companies paid just 5.25 percent.
The companies said bringing the money home��repatriating� it, they called it�would mean lots of jobs. Sen. John Ensign, the Nevada Republican, put the figure at 660,000 new jobs.
Pfizer, the drug company, was the biggest beneficiary. It brought home $37 billion, saving $11 billion in taxes. Almost immediately it started firing people. Since the law took effect, Pfizer has let 40,000 workers go. In all, it appears that at least 100,000 jobs were destroyed.
DavidLeblond
Apr 25, 11:07 AM
$5 says the next version of iOS will include a process to truncate consolidated.db just like Android does for locdump. Its not that Apple is USING all this historical data, its just that they neglected to toss in a function to trim the file.