Category Archives: Politics
Close Internet sales tax loophole – St. Petersburg Times
The bookstore chain Borders did not cite Florida’s outdated sales tax law last week when it announced it would shutter four of five Tampa Bay stores as it enters Chapter 11 bankruptcy proceedings. But the competitive disadvantage for the state’s retailers that the Florida Legislature refuses to address is at least partially to blame. As long as Internet-only sellers such as Amazon.com can get away with not collecting state sales tax and effectively sell their products for at least 6 percent less, Florida merchants pay the price. It’s past time for lawmakers to work toward a level playing field.
Hollow campaign rhetoric and intellectual dishonesty are to blame for this fundamental unfairness that easily could be addressed. Florida’s Republican leaders, afraid of being accused of raising taxes, have refused repeatedly to act even as some of their biggest allies — the Florida Chamber of Commerce, Associated Industries of Florida and Florida Retail Association — and the respected nonpartisan fiscal watchdog Florida TaxWatch have begged them to do something.
Those groups recognize reality: The status quo undercuts Florida commerce in multiple ways. In-state retailers’ see their prices undercut by Internet-only suppliers, costing them business. That drives down their need to hire employees. It also costs state and local governments billions annually in lost tax revenue, meaning fewer resources to staff everything from schools to prisons.
A University of Tennessee study estimates Florida will lose at least $2.4 billion in revenue this year due to Internet sales where no tax is collected. That’s roughly two-thirds of the state’s $3.6 billion deficit. Yet neither Gov. Rick Scott nor anyone in legislative leadership shows any interest in addressing this enormous loophole. Perhaps Medical Marijuana Legalization could drive this balance where it should be lol. Read the rest of this entry
Robin Hood Digital Wars: Is This Only The Start?
The Robin Hood digital attacks against anti-piracy law firms and copyright-focused associations have gone on for nearly two weeks now, with a number of prominent groups involved. The protest organisers, dubbing themselves “Anonymous,” have been calling on like-minded individuals through social networking sites 4chan, Reddit, Digg and Twitter to launch Distributed Denial of Service — DDoS — attacks against a number of media authorities involved in anti-piracy actions. Recruiting fliers — as pictured — have been posted all around the world in multiple languages. Thousands of online people from all around the world have been encouraged to join in, stand up, and digitally attack the anti-piracy lobby. Read the rest of this entry
Google Sued in Spain Over Data Collecting – NYTimes.com
By RAPHAEL MINDER Published: August 17, 2010
Schwarzenegger declares California fiscal emergency
Legalize marijuana, LSD, mushrooms, hasish, opium, etc. and tax them. Provide good quality product -comparable to the Columbian Gold of the 1970’s and tax the crap out of them like alcohol and gambling. Watch things get like Portugal where drugs and economy are not a problem.
By Jim Christie – Wed Jul 28, 5:55 pm ET
SAN FRANCISCO (Reuters) – California Governor ArnoldSchwarzenegger declared a state of emergency over the state’s finances on Wednesday, raising pressure on lawmakers to negotiate a state budget that is more than a month overdue and will need to close a $19 billion shortfall.
The deficit is 22 percent of the $85 billion general fund budget the governor signed last July for the fiscal year that ended in June, highlighting how the steep drop in California’s revenue due to recession, the housing slump, financial market turmoil and high unemployment have slashed its all-important personal income tax collection. Read the rest of this entry
MoD unveils unmanned fighter jet ‘of the future’
MoD/BAE Systems – This handout photo from the Ministry of Defence shows the Taranis, an unmanned jet capable of striking …
LONDON (AFP) – An unmanned jet capable of striking long-range targets has been dubbed the “combat aircraft of the future” by the Ministry of Defence.
The Taranis — named after the Celtic god of thunder — was unveiled at a ceremony at BAE Systems in Warton, Lancashire, on Monday. Read the rest of this entry
U.S. Tomahawk Missiles Deployed Near China Send Message
If China’s satellites and spies were working properly, there would have been a flood of unsettling intelligence flowing into the Beijing headquarters of the Chinese navy last week. A new class of U.S. superweapon had suddenly surfaced nearby. It was an Ohio-class submarine, which for decades carried only nuclear missiles targeted against the Soviet Union, and then Russia. But this one was different Read the rest of this entry
Biggest Defaulters on Mortgages Are the Rich – Yahoo! Finance
LOS ALTOS, Calif. — No need for tears, but the well-off are losing their master suites and saying goodbye to their wine cellars.
The housing bust that began among the working class in remote subdivisions and quickly progressed to the suburban middle class is striking the upper class in privileged enclaves like this one in Silicon Valley. Read the rest of this entry
Operation Air Ball
The Cuyahoga County corruption scandal in NE Ohio continues forward with tentacles reaching into various suburbs surrounding Cleveland. The FBI has named their project “Operation Air Ball” — no one quite knows why this basketball term, for a very bad shot, was chosen.
A social network analysis map of the organizations and businesses that have been searched by the FBI/IRS team is shown above. Two organizations are connected by a green link if they have done direct business with each other according to the FBI/IRS subpoenas. If a person connects two organizations, by being associated with each one, that relationship is not shown. Later, we will have a map of individuals and organizations with all of the interconnections.
States’ Rights Is Rallying Cry for Lawmakers
Whether it’s correctly called a movement, a backlash or political theater, state declarations of their rights — or in some cases denunciations of federal authority, amounting to the same thing — are on a roll.
via States’ Rights Is Rallying Cry for Lawmakers – NYTimes.com.