Jeff sez, "As the Washington State Legislature wound down its special session to close a $2.8 billion fiscal deficit, Microsoft's General Counsel Brad Smith successfully used a carefully timed press conference making veiled threats about tax rates as a concern regarding future job expansion in Washington State. Led by Finance Chair Rep. Ross Hunter, a 17 year former Microsoft manager, the Legislature gave Microsoft two huge gifts: a $100 million annual tax cut and an estimated $1.25 billion in amnesty on its 13 year Nevada tax dodge. To make ends meet, the Legislature cut $120 million from K-12 education and $73 million from university budgets. It also raised the general tax rate on businesses from 1.5% to 1.8% and created new '7-11' taxes on the Average Joe on beer, soda and candy. The benefits of 4,700 at-risk unemployed people with disabilities will expire in the coming year. No word on how cash-strapped Washington plans to address Smith's concerns about its educational system and transportation infrastructure. On Wednesday, Gates' father, Bill Sr. announced a citizen initiative to replace the business tax with an income tax on high earners (>$200,000/yr). Asked if his son was on board with the tax initiative, Gates Sr. said, improbably, they hadn't discussed it. 'I don't know what my son is going to do.' Governor Gregoire said this isn't over: once the budget is signed into law, 'there will be real cuts, there will be real people losing jobs.' Yesterday, Microsoft reported record quarterly revenue. It now has $39.6 billion in cash and short term investments."
Microsoft Wins Nevada Royalty Tax Cut and Tax Amnesty; Reports Record Revenue
A friend who works in ad-tech tells me that Verizon's datasets from its Yahoo/AOL assets are "the creepiest" in the industry, but even with every dirty trick and every stupid, harebrained scheme, the companies formerly known as Oath (because everything Verizon did made their users swear uncontrollably) are basically worthless.
Binding arbitration agreements were formalized in 1925, allowing two corporate entities of roughly equal size to resolve their disputes outside of a court, saving both parties a lot of money, but since then, the primary use of arbitration is to force employees, customers, patients and other comparatively weak parties to surrender their right to sue […]
Emergency rooms at for-profit hospitals are notorious price-gougers, where an ice-pack and a bandage can cost $5,000, and where no one will tell you how much your care is costing until months after the fact.
When it comes to tech, smaller is better, and these items fit the bill both in terms of size and price. We’ve rounded up our favorite stocking-ready gadgets, most of which are already on sale – and you can take an additional 15% off any of them with the special code MERRY15. iPM 3-in-1 Fast […]
So you’ve got a good eye for pictures? We’ve got a good eye for deals. And this holiday, there are some solid deals out there for photographers. Check out some of our favorite recent discounts on gear, software, and e-learning for photogs of any experience. Gadgets RevolCam: The Multi-Lens Photo Revolution for Smartphones This […]
Take a scroll through any app marketplace and you’ll see that the doors are wide open for any game these days – and any game developer. Like any creation, virtual or analog, it all starts with an idea. And if you’ve got one of those, the Complete Unity Game Developer Bundle can walk you the […]