skeep5
Nov 3, 11:23 AM
yawner
ozone
Nov 27, 09:33 PM
Really? So please find me market share data on Tablets...even better, find me a Tablet that costs less than a small notebook. No, you won't find it, sorry...it's not about having one, it's about wanting to have one...and most people don't these days...that's why Origami flopped.
BRLawyer... you talk about market share and other quantitative data as if they were the last and only delimiting factor. Obviously YOU do NOT use a tablet. Allow me to enlighten you about the benefits you do not know about or care to investigate:
1. Tablets allow me to lecture while writing and projecting simultaenously, thereby allowing me to retain a written record of what I actually keep.
2. Because I am involved in about 10 educational and professional committees, I use the MS OneNote program to create virtual file folders. Sure, you can do this with Mac journal type programs, but I am able to write within each folder in my own handwriting, which not only increases my memory retention, but is far more polite when you are in the mixed company of those with more power and money than you.
3. Because I am able to keep handwritten notes, I am able to reduce the amount of paper I carry with me. It is both tiresome and counterproductive to retain endless amounts of paper files.
4. I am able to receive assignments, faculty reports, articles, journal papers, etc., and ink them digitally and then return the marked document WITHOUT printing out and hauling around what amounts to about a vertical foot of paper. I challenge anyone to mark up and edit a document faster using a keyboard than they can with a "pen" type arrangement.
5. In science and engineering fields where you often have mix of graphical, formulaic, and written data, it is far superior to write out notes of mixed symbols than to type them on a keyboard. The keyboard is faster argument ONLY applies to situations where you do not have to interpret and draw diagrams.
The argument that tablets are only useful for artists is totally without merit: explain to me then why the Deans of both engineering and science at my university use tablets.
I must stress that too many people harp on the need for the OS to interpret handwriting perfectly. What many people discover after using a tablet is that often you leave your notes handwritten: they are yours, filed away for your use, and for your reference.
Is the tablet perfect? No. Is it for everyone? No. Is it cheaper than a notebook? No. However, your market share - not enough people use or need one - argument is without substance. Since you bring up "there are cheaper notebooks" point, why don't we just use this oft-tiresome rant against Apple itself? Many have in the past. At less than, what, maybe 10% of the market - even if it is higher - why should Apple exist at all? Anything less than, say, 20% is pretty low market share - why bother with Apple? Furthermore, there are many, many models of hardware comparable to Apple's, and at far lower price. Why then should Apple products even exist?
I do not know why so many are so resistant to the tablet idea from Mac. You don't like it - don't buy one. Accept that there are others who would benefit tremendously from such a product, even if it is a small market segment.
BRLawyer... you talk about market share and other quantitative data as if they were the last and only delimiting factor. Obviously YOU do NOT use a tablet. Allow me to enlighten you about the benefits you do not know about or care to investigate:
1. Tablets allow me to lecture while writing and projecting simultaenously, thereby allowing me to retain a written record of what I actually keep.
2. Because I am involved in about 10 educational and professional committees, I use the MS OneNote program to create virtual file folders. Sure, you can do this with Mac journal type programs, but I am able to write within each folder in my own handwriting, which not only increases my memory retention, but is far more polite when you are in the mixed company of those with more power and money than you.
3. Because I am able to keep handwritten notes, I am able to reduce the amount of paper I carry with me. It is both tiresome and counterproductive to retain endless amounts of paper files.
4. I am able to receive assignments, faculty reports, articles, journal papers, etc., and ink them digitally and then return the marked document WITHOUT printing out and hauling around what amounts to about a vertical foot of paper. I challenge anyone to mark up and edit a document faster using a keyboard than they can with a "pen" type arrangement.
5. In science and engineering fields where you often have mix of graphical, formulaic, and written data, it is far superior to write out notes of mixed symbols than to type them on a keyboard. The keyboard is faster argument ONLY applies to situations where you do not have to interpret and draw diagrams.
The argument that tablets are only useful for artists is totally without merit: explain to me then why the Deans of both engineering and science at my university use tablets.
I must stress that too many people harp on the need for the OS to interpret handwriting perfectly. What many people discover after using a tablet is that often you leave your notes handwritten: they are yours, filed away for your use, and for your reference.
Is the tablet perfect? No. Is it for everyone? No. Is it cheaper than a notebook? No. However, your market share - not enough people use or need one - argument is without substance. Since you bring up "there are cheaper notebooks" point, why don't we just use this oft-tiresome rant against Apple itself? Many have in the past. At less than, what, maybe 10% of the market - even if it is higher - why should Apple exist at all? Anything less than, say, 20% is pretty low market share - why bother with Apple? Furthermore, there are many, many models of hardware comparable to Apple's, and at far lower price. Why then should Apple products even exist?
I do not know why so many are so resistant to the tablet idea from Mac. You don't like it - don't buy one. Accept that there are others who would benefit tremendously from such a product, even if it is a small market segment.
Eidorian
Aug 11, 10:25 AM
They are already available, these are standard PC parts now remember.
http://www.microdirect.co.uk/ProductInfo.aspx?ProductID=14564&GroupID=1674That's Conroe. Merom can be put into the current iMac/Mac Mini. If you're adventureous to open the machines up or getting a third party installation. Otherwise you're looking at an entire logic board replacement for the laptops. It's probably better just to wait and buy an entire new laptop.
There is no current Mac that this chip can "drop into", apart from maybe a Mac Pro, but going from a Woodcrest to a Conroe would be a downgrade in that case.
The Merom that should eventually go into the iMac, mini, MBP and MacBook are currently not on sale to the consumer.http://guides.macrumors.com/Merom
Read the Guide...
http://www.microdirect.co.uk/ProductInfo.aspx?ProductID=14564&GroupID=1674That's Conroe. Merom can be put into the current iMac/Mac Mini. If you're adventureous to open the machines up or getting a third party installation. Otherwise you're looking at an entire logic board replacement for the laptops. It's probably better just to wait and buy an entire new laptop.
There is no current Mac that this chip can "drop into", apart from maybe a Mac Pro, but going from a Woodcrest to a Conroe would be a downgrade in that case.
The Merom that should eventually go into the iMac, mini, MBP and MacBook are currently not on sale to the consumer.http://guides.macrumors.com/Merom
Read the Guide...
milozauckerman
Aug 7, 06:51 PM
1 GB Sticks are only $125 each from Third Parties.
That isn't a heatsinked FB-DIMM.
RAM is truly the dealbreaker here. EDU prices bring the 2.0 model down to a reasonable price, but I want 4GB - I'd like to scan my 4x5 film, so the more RAM the better - thanks to Xeon and the need for the ECC heatsinked stuff, I'm looking at $800 from Crucial. No way, man, not gonna do it.
The more I look at it, the more I believe a reasonable mid-tower option has to be in the pipeline.
That isn't a heatsinked FB-DIMM.
RAM is truly the dealbreaker here. EDU prices bring the 2.0 model down to a reasonable price, but I want 4GB - I'd like to scan my 4x5 film, so the more RAM the better - thanks to Xeon and the need for the ECC heatsinked stuff, I'm looking at $800 from Crucial. No way, man, not gonna do it.
The more I look at it, the more I believe a reasonable mid-tower option has to be in the pipeline.
hawken1
Jul 29, 09:54 PM
http://www.devilducky.com/media/46492/
I haven't seen this before but I guess it's old news?
Looks pretty cool anyway..
I haven't seen this before but I guess it's old news?
Looks pretty cool anyway..
-aggie-
May 5, 07:30 PM
Great. Nothing has happened, since I left.:(
macnerd93
Apr 26, 02:14 PM
I thought Android was a terrible OS, but I am still extremely impressed that iOS is where it is. Considering a lot of manufactures are using Android now, this is still pretty impressive iOS is able to be the second from the top on three devices iPhone, iPad, iPod Touch, although the report does state mobile phone usage so it might just include the iPhone and not the other two i mentioned
Eidorian
Jul 22, 04:15 PM
Agreed. A light, small, cheap Apple laptop targeted at students would be excellent, and an education iMac that's available to the public would be great too. Unlikely, but I'm with you on this one.
In other news, I expect the iMac to stay with an X1600 series card (because Apple have historically used the mid-range cards: 9600, X600, X1600 and possibly the rumored X2600s next year) so maybe an X1600 Pro and/or an XT. I also think that they should update the MacBook Pros graphics card because its a Pro laptop with a mid-range card so a Mobility X1800 would be nice.X600 Pro (iSight iMac G5 17") and X600 XT (iSight iMac G5 20") Hopefully we'll see a slight bump on the GPU.
In other news, I expect the iMac to stay with an X1600 series card (because Apple have historically used the mid-range cards: 9600, X600, X1600 and possibly the rumored X2600s next year) so maybe an X1600 Pro and/or an XT. I also think that they should update the MacBook Pros graphics card because its a Pro laptop with a mid-range card so a Mobility X1800 would be nice.X600 Pro (iSight iMac G5 17") and X600 XT (iSight iMac G5 20") Hopefully we'll see a slight bump on the GPU.
lgutie20
Mar 29, 02:27 PM
I'd pay a premium for products manufactured in the US.
Products might be more expensive, but there would be more Americans employed. As much are there is a downside to producing here, there is also an upside.
Apple's only business is not the US and as things stand right now, people say that a 499 iPad is too expensive. Imagine what it would cost if they didn't manufacture these devices overseas.
Products might be more expensive, but there would be more Americans employed. As much are there is a downside to producing here, there is also an upside.
Apple's only business is not the US and as things stand right now, people say that a 499 iPad is too expensive. Imagine what it would cost if they didn't manufacture these devices overseas.
Stella
Apr 5, 02:06 PM
Apple is a business whose mission is to sell phones, computers, and software. You as a customer buy those products, but they are designed by Apple. If you have a problem with Apple establishing a standard across its products to ensure quality, then you can just stop using them. That easy, just stop buying Apple products and stop using them, period.
That's right, I'm a customer, and I'll modify my apple device how I see fit, and that including jailbreaking, enabling XCode to develop applications for my device without paying apple $99 ( afterall,nothing is going to reach the appstore - so why does Apple deserve the $99 ?). At the end of the day - a JB device is more useful than a locked up device.
That's right, I'm a customer, and I'll modify my apple device how I see fit, and that including jailbreaking, enabling XCode to develop applications for my device without paying apple $99 ( afterall,nothing is going to reach the appstore - so why does Apple deserve the $99 ?). At the end of the day - a JB device is more useful than a locked up device.
munkery
Nov 9, 03:39 PM
At present the Mac has few threats, those that are in the wild at the moment generally rely on social engineering as opposed to vulnerabilities in the software, however, what we have to remember is that there have been a number of vulernabilities in iOS that have been exploited in order to jailbreak iOS devices (these vulnerabilities in many cases are also common to OSX as they spring from the same codebase), these exploits do provide the ability to gain root access to OSX and hence provide an avenue to install software (without the users knowledge) that could be used to cause the theft or destruction of data.
iOS is 32bit. Many security mitigations in 32bit processes can often be defeated via bruteforce. Snow Leopard is mostly 64bit. 64bit processes have more security mitigations and have not yet been exploited. So, that is why many iOS exploits do not show up in OS X.
The initial hole from Jailbreakme (http://exploiting.wordpress.com/2010/11/09/unpatched-apple-os-x-atsserver-cff-charstrings-index-sign-mismatch-the-jailbreakme-bug-in-osx/) is still not patched. This is the initial arbitrary code execution (patched for iOS) prior to privilege escalation (already patched for iOS not present in OS X) so alone it does not provide root. Interestingly, it only effects Mac OS 10.5.x which contains much more 32 bit.
This vulnerability could be used by a remote attacker to execute arbitrary code, by enticing the user of Mac OS X v10.5.x to view or download a PDF document containing a embedded malicious CFF font (Compact Font Format [1]). Apple Mac OSX 10.6 is not affected by this vulnerability, upgrading to this version is highly recommed when possible.
iOS is 32bit. Many security mitigations in 32bit processes can often be defeated via bruteforce. Snow Leopard is mostly 64bit. 64bit processes have more security mitigations and have not yet been exploited. So, that is why many iOS exploits do not show up in OS X.
The initial hole from Jailbreakme (http://exploiting.wordpress.com/2010/11/09/unpatched-apple-os-x-atsserver-cff-charstrings-index-sign-mismatch-the-jailbreakme-bug-in-osx/) is still not patched. This is the initial arbitrary code execution (patched for iOS) prior to privilege escalation (already patched for iOS not present in OS X) so alone it does not provide root. Interestingly, it only effects Mac OS 10.5.x which contains much more 32 bit.
This vulnerability could be used by a remote attacker to execute arbitrary code, by enticing the user of Mac OS X v10.5.x to view or download a PDF document containing a embedded malicious CFF font (Compact Font Format [1]). Apple Mac OSX 10.6 is not affected by this vulnerability, upgrading to this version is highly recommed when possible.
davidw
Mar 28, 10:11 AM
Who even knows what hardware changes the iPhone 5 is going to make?
iPhone 4 was a major, major, major upgrade. It is still an exceedingly modern iPhone, and it's hard to imagine what they can upgrade from this device. Sure, the new device will be "faster." Sure, it may have more RAM and sure it may have a better camera. It will probably have a larger flash drive inside to hold more music/movies/apps.
It might even have a slightly larger screen and/or be thinner. That said, the iPhone as it stands is a nearly perfect device. The only significant upgrade I can think of would be to have 4G radios included to increase data transmission rates.
The iPhone 4 screen is already about perfect. The build quality and construction is incredible.
When the first iPhone came out it was clearly lacking a decent camera and 3G. When the 3G came out the build quality was reduced and it was too slow with too little RAM. When the 3GS came out the construction was still poor and the screen was beginning to get long in the tooth.
The iPhone 4, on the other hand, has it all from a hardware perspective. For a phone it's speedy, the buttons feel good to press and it doesn't break easily. It's also totally and absolutely gorgeous and from a tactile standpoint, it is feels good and substantial in your hand.
Having to "wait" another few months for an iPhone 5 shouldn't be a problem, because getting an iPhone 4 is the equivalent to buying a truly amazing device without any significant flaws.
iPhone 4 was a major, major, major upgrade. It is still an exceedingly modern iPhone, and it's hard to imagine what they can upgrade from this device. Sure, the new device will be "faster." Sure, it may have more RAM and sure it may have a better camera. It will probably have a larger flash drive inside to hold more music/movies/apps.
It might even have a slightly larger screen and/or be thinner. That said, the iPhone as it stands is a nearly perfect device. The only significant upgrade I can think of would be to have 4G radios included to increase data transmission rates.
The iPhone 4 screen is already about perfect. The build quality and construction is incredible.
When the first iPhone came out it was clearly lacking a decent camera and 3G. When the 3G came out the build quality was reduced and it was too slow with too little RAM. When the 3GS came out the construction was still poor and the screen was beginning to get long in the tooth.
The iPhone 4, on the other hand, has it all from a hardware perspective. For a phone it's speedy, the buttons feel good to press and it doesn't break easily. It's also totally and absolutely gorgeous and from a tactile standpoint, it is feels good and substantial in your hand.
Having to "wait" another few months for an iPhone 5 shouldn't be a problem, because getting an iPhone 4 is the equivalent to buying a truly amazing device without any significant flaws.
skellener
Mar 27, 12:25 PM
I'm skeptical about any of Apple's "cloud" offerings. They don't do it well at all. Apple is an OS-App-Based company. They have NEVER done anything leveraging the "cloud" well at all. Many, many companies out there run circles around Apple when it comes to the "cloud"....>cough< Dropbox >cough<. I would be surprised (pleasantly) if MobileMe did not have a fee. If they are beefing it up to be "magical" you better believe there will be a fee for that magic! I'd like to see something that blows everyone away. I'm just not counting on it.
tobefrnk
Nov 22, 09:22 AM
Ok...and the MSRP for that phone would be 800 bucks with a 10 year contract with cingular.
People need to realize that apple products are somewhat overpriced so I can see a great apple phone with great features but with a contract the phone is going to be extremely expensive.
Nokia already has phones (their N series (http://www.nokia.com/nseries/index.html?lang=en&country=US#product,n93)) capable of 640x480 30fps vid at $800 unlocked. I don't see an Apple Phone with these capabilities being THAT much more and certainly cheaper if Apple is the provider for the phone service as some people are speculating.
People need to realize that apple products are somewhat overpriced so I can see a great apple phone with great features but with a contract the phone is going to be extremely expensive.
Nokia already has phones (their N series (http://www.nokia.com/nseries/index.html?lang=en&country=US#product,n93)) capable of 640x480 30fps vid at $800 unlocked. I don't see an Apple Phone with these capabilities being THAT much more and certainly cheaper if Apple is the provider for the phone service as some people are speculating.
SiliconAddict
Nov 22, 11:37 AM
iPod Phone == phone + music
Palm Treo == Tool
Threat averted. Life can go on as usual. :rolleyes:
Palm Treo == Tool
Threat averted. Life can go on as usual. :rolleyes:
Lord Bodak
Mar 28, 11:40 AM
My problem isn't necessarily with Apple, my grief is with carriers who have tied most of us in to 2 year fixed contracts. Whether this is due to Apple's insistence, or whether carriers have signed up to the 'yearly cycle' idea, there are thousands of us stuck in the middle here.
Any 3GS user who bought new and has a 2 year contract (usually because it was the most economical) now has a huge dilemma. Do we switch phones and get new contracts on different phones, or do we go Pay As You Go to cover those 3/4 (potentially more) months?
Two year contracts have existed since long before the iPhone and they don't seem to be going away anytime soon.
However, you do realize that your plan doesn't vanish when your contract ends, don't you? You will still have the exact same service you have today for the same price, until you go sign a new contract and get a new phone.
Any 3GS user who bought new and has a 2 year contract (usually because it was the most economical) now has a huge dilemma. Do we switch phones and get new contracts on different phones, or do we go Pay As You Go to cover those 3/4 (potentially more) months?
Two year contracts have existed since long before the iPhone and they don't seem to be going away anytime soon.
However, you do realize that your plan doesn't vanish when your contract ends, don't you? You will still have the exact same service you have today for the same price, until you go sign a new contract and get a new phone.
mscriv
May 4, 01:10 PM
Laugh while you still can my naive foes. Death is coming for you and it is fleet of foot.
http://scrapetv.com/News/News%20Pages/Everyone%20Else/images-3/Angel-of-Death.jpg
http://scrapetv.com/News/News%20Pages/Everyone%20Else/images-3/Angel-of-Death.jpg
OneMike
Mar 29, 02:51 PM
craigslist.org? :p
craigslist takes 1st - 1000th place for all the state/city sub categories.
craigslist takes 1st - 1000th place for all the state/city sub categories.
rdowns
Apr 14, 04:29 PM
Repeating myself ...
I find this approach highly irrational. If you're overweight, it's important to lose fat. It does no good whatsoever to treat brain the same as fat ... to treat vital organs the same as fat ... to treat limbs and digits the same as fat.
I think we can all agree that there is a lot of waste in government. The fact is, a lot of it is hard to find. At this point in our financial situation, I agree with across the board cuts. After that, then you continue to cut, where it makes sense, surgically.
The Democrats agreed to historic spending cuts. Where are the Republicans who agree to tax increases?
That's crap and you know it.
According to a Congressional Budget Office comparison, the bill would produce only $350 million in tangible savings this year, partly because cuts in domestic programs were offset by an increase of about $5 billion for Pentagon programs.
When projected emergency contingency spending overseas is figured in by the budget office, estimated outlays for this year actually increase by over $3 billion.
The agreement does put the brakes on what had been a steady growth in spending by federal agencies. Future savings would be greater as the cuts took hold — a point Republican aides emphasized by noting that the plan is estimated to cut spending by $312 billion over the next decade.
Link (http://www.nytimes.com/2011/04/14/us/politics/14congress.html?_r=2&hp)
I find this approach highly irrational. If you're overweight, it's important to lose fat. It does no good whatsoever to treat brain the same as fat ... to treat vital organs the same as fat ... to treat limbs and digits the same as fat.
I think we can all agree that there is a lot of waste in government. The fact is, a lot of it is hard to find. At this point in our financial situation, I agree with across the board cuts. After that, then you continue to cut, where it makes sense, surgically.
The Democrats agreed to historic spending cuts. Where are the Republicans who agree to tax increases?
That's crap and you know it.
According to a Congressional Budget Office comparison, the bill would produce only $350 million in tangible savings this year, partly because cuts in domestic programs were offset by an increase of about $5 billion for Pentagon programs.
When projected emergency contingency spending overseas is figured in by the budget office, estimated outlays for this year actually increase by over $3 billion.
The agreement does put the brakes on what had been a steady growth in spending by federal agencies. Future savings would be greater as the cuts took hold — a point Republican aides emphasized by noting that the plan is estimated to cut spending by $312 billion over the next decade.
Link (http://www.nytimes.com/2011/04/14/us/politics/14congress.html?_r=2&hp)
doctor-don
Apr 21, 11:10 PM
It seems the present size could be reduced to the 5 x 19 size without turning the optical drives vertical. The tower configuration would still be oriented vertically, and many mounts are available to attach it under a desk. Optical drives don't need to be phased out because they are needed for writing CD / DVD back-ups
What I would like to see is an air filtration system that will prevent all of the dust from getting into everything inside my MP. I can add my own filter, but that might not be advisable due to the fan having to work overtime, and that could lead to heat problems.
Perhaps the overall weight could be reduced in this rumored size reduction.
When prices drop substantially, SSDs will be a good storage plan. However, that may not be in the next couple of years, so the present drive bay size should not be reduced.
What I would like to see is an air filtration system that will prevent all of the dust from getting into everything inside my MP. I can add my own filter, but that might not be advisable due to the fan having to work overtime, and that could lead to heat problems.
Perhaps the overall weight could be reduced in this rumored size reduction.
When prices drop substantially, SSDs will be a good storage plan. However, that may not be in the next couple of years, so the present drive bay size should not be reduced.
ChickenSwartz
Aug 2, 09:24 PM
You win that one. :D Although I cannot find the product page for laptop Core 2 Duos, only those for the desktop.
I think since they announced it so far a head of schedule, they might have those pages up and running yet.
I think since they announced it so far a head of schedule, they might have those pages up and running yet.
chuckles:)
May 7, 10:37 AM
I used to use mobileme for hosting, email, iDisk and photo sharing, but i've outgrown all of them. I won't be renewing this december. Now i just have to make sure i don't lose my iPhone.
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.
macsmurf
Mar 29, 09:07 AM
Hilarious that companies are copying Apple rumors now.
Arn, we need an article that Apple is developing a space ship!
Yes, it is totally unfair that Amazon copies the inventions of Apple, even before Apple invents it :D
Seriously though, Amazon is a major player in cloud services and has been for years.
Arn, we need an article that Apple is developing a space ship!
Yes, it is totally unfair that Amazon copies the inventions of Apple, even before Apple invents it :D
Seriously though, Amazon is a major player in cloud services and has been for years.
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