Jape
Nov 4, 06:25 PM
Gave it a brief test around town this afternoon. MotionX GPS lite status screen reported an accuracy (radius?) of between 30 feet to 50 feet, whereas without the TomTom mount it ranged from about 75 ft to 256 ft or worse. So, yeah, it improves GPS accuracy, and I did notice the difference when using the TomTom app.
The thing is well built and elegant, the nicest carphone mount design I've ever seen. You have to be gentle sticking the iPhone into the mount, but you can do it with one hand. You have to think about where to install the mount in your car -- window, dash, left or right of the wheel etc. -- and you can't leave the iPhone in a case (OK for me, might not be for others). The power and audio cables stick out of the side, which is a bit awkward, especially when you rotate it; I'm thinking of picking up some adhesive-backed clips at RadioShack to keep the wires out of the way as they wind their way down to the power and aux jacks. I've made only one phone call so far, which worked fine, but the phone uses the mount's speaker even when you're plugged into the car stereo (music and/or Tomtom app voice stops in the car speakers, and then the phone call comes out of the mount speaker). I could hear the phone call fine driving around town, but I'm a little worried about how well I'll be able to hear phone calls at freeway speeds in my noisy little car (a Honda Fit).
The acid test will be a substantial trip that includes some skyscraper canyons in a big city.
Last I checked it looked like BLT had sold out and was awaiting more shipments.
Thanks a ton for for your review, I am now going to buy the kit from BLT. They are on backorder with the product and will be recieving a shipment in on the 11 of nov, but for this low price I believe it is worth the wait ( about %30 off). Thanks again.
The thing is well built and elegant, the nicest carphone mount design I've ever seen. You have to be gentle sticking the iPhone into the mount, but you can do it with one hand. You have to think about where to install the mount in your car -- window, dash, left or right of the wheel etc. -- and you can't leave the iPhone in a case (OK for me, might not be for others). The power and audio cables stick out of the side, which is a bit awkward, especially when you rotate it; I'm thinking of picking up some adhesive-backed clips at RadioShack to keep the wires out of the way as they wind their way down to the power and aux jacks. I've made only one phone call so far, which worked fine, but the phone uses the mount's speaker even when you're plugged into the car stereo (music and/or Tomtom app voice stops in the car speakers, and then the phone call comes out of the mount speaker). I could hear the phone call fine driving around town, but I'm a little worried about how well I'll be able to hear phone calls at freeway speeds in my noisy little car (a Honda Fit).
The acid test will be a substantial trip that includes some skyscraper canyons in a big city.
Last I checked it looked like BLT had sold out and was awaiting more shipments.
Thanks a ton for for your review, I am now going to buy the kit from BLT. They are on backorder with the product and will be recieving a shipment in on the 11 of nov, but for this low price I believe it is worth the wait ( about %30 off). Thanks again.
Tomorrow
May 3, 12:59 PM
SI is superior in conversions only
Imperial is superior as I actually have a feel for the numbers
It's also easier in calculations - each unit is a derivative of the seven base units, each with a conversion factor of 1.
Yes, let's not change it because YOU actually have a feel for the numbers.
As for having a feel for the numbers, he's not alone. I have nearly 20 years of professional experience using Imperial units as a mechanical engineer, as does every mechanical engineer in the U.S. Switching systems (or, rather, making it mandatory) will require all of these engineers to re-learn the formulae they've known and used for decades. That's the equivalent of millions of man-years of engineering experience down the drain. That isn't progress, no matter how much you might want want to believe it is.
We need to switch to the metric system, what we have now is ****ing crazy when looking at the rest of the world...this is coming from a bio major who has to deal with SI units daily
SI != metric.
I deal with both daily - our electrical system (Watts, Amperes, Volts, Ohms, etc.) are all metric and SI. Using Imperial units doesn't make understanding those SI units any harder.
For the love of your education system, do make the switch! I'm an engineering student from Canada. So I have to learn both imperial and SI. Imperial is such a pain in the ass.
I was an engineering student in the U.S., and I learned to use both systems - and yes, calculations using SI units were simpler. But the reality is that mechanical engineers here do not measure refrigeration in Watts, they use Btuh or tons of refrigeration. We don't use degrees Celsius, we use degrees Fahrenheit. We don't measure airflow in liters per second (which isn't even an SI unit; the proper convention would be cubic meters per second), we use cubic feet per minute. And as such, that's the system I've grown comfortable with as a professional.
Really, most opinions I see in the US to keep the imperial system is because you're not accustomed to it.
Which translates to an incredible cost of switching, and a near-certainty of an avalanche of errors.
...the difference between 37 and 38 degrees Celsius is 1.8 degrees Fahrenheit, hardly a noticeable difference when it comes to weather forecasts.
You'd make a great point if weather forecasts were all we used temperature measurements for.
For chilled water, a 12 degree (F) temperature differential equates to 2 gpm per ton of refrigeration. Every mechanical engineer knows that. Force him to use SI units, and the game changes completely; calculations that could once be done in your head now require a calculator. You would achieve the opposite effect.
I'm not so sure. If a recipe calls for 2 tablespoons, is it not just as easy to measure out 30ml?
Measuring or counting out two is always easier than measuring or counting out thirty.
Are there really any benefits to the Customary scale, or do we just perceive benefits because it's what we're used to?
I don't know that there are benefits to using customary units; but there are indeed benefits to not switching units. Not the same thing.
Metric is just easier to learn. Period.
That's one opinion. Period.
If it were so damn easy, everyone would know it, now, wouldn't they?
Imperial is superior as I actually have a feel for the numbers
It's also easier in calculations - each unit is a derivative of the seven base units, each with a conversion factor of 1.
Yes, let's not change it because YOU actually have a feel for the numbers.
As for having a feel for the numbers, he's not alone. I have nearly 20 years of professional experience using Imperial units as a mechanical engineer, as does every mechanical engineer in the U.S. Switching systems (or, rather, making it mandatory) will require all of these engineers to re-learn the formulae they've known and used for decades. That's the equivalent of millions of man-years of engineering experience down the drain. That isn't progress, no matter how much you might want want to believe it is.
We need to switch to the metric system, what we have now is ****ing crazy when looking at the rest of the world...this is coming from a bio major who has to deal with SI units daily
SI != metric.
I deal with both daily - our electrical system (Watts, Amperes, Volts, Ohms, etc.) are all metric and SI. Using Imperial units doesn't make understanding those SI units any harder.
For the love of your education system, do make the switch! I'm an engineering student from Canada. So I have to learn both imperial and SI. Imperial is such a pain in the ass.
I was an engineering student in the U.S., and I learned to use both systems - and yes, calculations using SI units were simpler. But the reality is that mechanical engineers here do not measure refrigeration in Watts, they use Btuh or tons of refrigeration. We don't use degrees Celsius, we use degrees Fahrenheit. We don't measure airflow in liters per second (which isn't even an SI unit; the proper convention would be cubic meters per second), we use cubic feet per minute. And as such, that's the system I've grown comfortable with as a professional.
Really, most opinions I see in the US to keep the imperial system is because you're not accustomed to it.
Which translates to an incredible cost of switching, and a near-certainty of an avalanche of errors.
...the difference between 37 and 38 degrees Celsius is 1.8 degrees Fahrenheit, hardly a noticeable difference when it comes to weather forecasts.
You'd make a great point if weather forecasts were all we used temperature measurements for.
For chilled water, a 12 degree (F) temperature differential equates to 2 gpm per ton of refrigeration. Every mechanical engineer knows that. Force him to use SI units, and the game changes completely; calculations that could once be done in your head now require a calculator. You would achieve the opposite effect.
I'm not so sure. If a recipe calls for 2 tablespoons, is it not just as easy to measure out 30ml?
Measuring or counting out two is always easier than measuring or counting out thirty.
Are there really any benefits to the Customary scale, or do we just perceive benefits because it's what we're used to?
I don't know that there are benefits to using customary units; but there are indeed benefits to not switching units. Not the same thing.
Metric is just easier to learn. Period.
That's one opinion. Period.
If it were so damn easy, everyone would know it, now, wouldn't they?
kirk26
Apr 20, 06:07 AM
Not a summer update? Surprising.
Not sure if serious. We pretty much knew it wouldn't be a summer update.
Not sure if serious. We pretty much knew it wouldn't be a summer update.
*LTD*
Apr 5, 08:36 PM
Wirelessly posted (Mozilla/5.0 (iPhone; U; CPU iPhone OS 4_3_1 like Mac OS X; en-us) AppleWebKit/533.17.9 (KHTML, like Gecko) Mobile/8G4)
Apple doesn't have a problem collecting 30% for completely stupid useless app store purchases, but they have a problem with making your iPhone look completely stupid?
Hmmm. Pot, meet kettle.
Useless app store purchases?
Based on what? How are they useless? This entire market is based around an app ecosystem. Apps are in demand. Apps help move hardware.
Your post makes no sense.
Apple doesn't have a problem collecting 30% for completely stupid useless app store purchases, but they have a problem with making your iPhone look completely stupid?
Hmmm. Pot, meet kettle.
Useless app store purchases?
Based on what? How are they useless? This entire market is based around an app ecosystem. Apps are in demand. Apps help move hardware.
Your post makes no sense.
bella92108
Apr 5, 02:09 PM
That ad should be pulled for one reason, it's ugly as sin.
Then pull 90% of themes from cydia... 75% of the wallpapers are some asian chick sitting on the hood of some car the users will never be able to afford. hahaha
Then pull 90% of themes from cydia... 75% of the wallpapers are some asian chick sitting on the hood of some car the users will never be able to afford. hahaha
Mac Fly (film)
Aug 2, 10:52 AM
Mac Pro + Cinema Display (iSight), Leopard demo, Core 2 Duo iMac & MacBook Pro. New Nano's too (more storage + bluetooth)
Long shot, iPhone + iChat 4.0 (VoiP), Mac & Windows.
Long shot, iPhone + iChat 4.0 (VoiP), Mac & Windows.
hexor
Apr 26, 03:06 PM
Let's not forget, Apple iOS encompasses more then just iPhones. If you included the iPad and iPod Touch which both run Apple iOS then Apple's market share is still ahead of Android.
Tones2
Apr 26, 02:37 PM
no, they need a free phone--
by the way how do you buy stock in Android's success? Certainly not Google...
I don't want stock in Android's success. I want a phone with up to date modern features. I could care less who I buy it from - that's a FANBOY thing.
Tony
by the way how do you buy stock in Android's success? Certainly not Google...
I don't want stock in Android's success. I want a phone with up to date modern features. I could care less who I buy it from - that's a FANBOY thing.
Tony
Hattig
Jul 30, 09:43 AM
How successful are MVNOs? Last I heard ESPN and Disney mobile are rumored to be shutting down due to low subscriber numbers.
Disney -> Steve Jobs -> Apple ;)
Who'd get a mobile phone on an ESPN or Disney network anyway? Free sport clips or Mickey Mouse backgrounds?
Hey dude, with all due consideration, bad fake screenshots don't even rank along side a rumour of a rumour as far as a useful source of information.
David:cool:
I don't usually have the time to find out if something's fake or not, but the /point/ of my post remains.
Disney -> Steve Jobs -> Apple ;)
Who'd get a mobile phone on an ESPN or Disney network anyway? Free sport clips or Mickey Mouse backgrounds?
Hey dude, with all due consideration, bad fake screenshots don't even rank along side a rumour of a rumour as far as a useful source of information.
David:cool:
I don't usually have the time to find out if something's fake or not, but the /point/ of my post remains.
Genetheninja
Mar 29, 05:35 PM
Quote:
Originally Posted by iliketyla
Yeah you bring up a good point. I can't imagine assembling iPods is the most engaging activity ever, and most Americans would probably scoff at the kind of labor they seem to think is below them.
Kind of similar to when they raise an uproar about illegal immigrants taking all the jobs away, when they wouldn't be caught dead doing the kind of work some immigrants do.
At 10% unemployment, I don't know many people who would scoff at a job these days.
And, it isn't that illegal immigrants do jobs that people "wouldn't be caught dead doing" -- it's that they do jobs that people wouldn't be caught dead doing for below minimum wage. There are plenty of Americans who would pick fruit or clean buildings for a fair wage -- they just don't get the opportunity because an immigrant will do the job for cash at poverty wages.
Hammer, meet nail head. I'm an American, and unfortunately I must agree with iliketyla's assessment. There is this incredible sense of entitlement that has pervaded American culture. So many people want at least $20 per hour, but [insert deity or lack of one here] forbid they should lift more than two pounds.
Enter the illegal immigrants, who find the pay good enough to live on, not to mention the location, location, location. Hmm... $5 an hour harvesting lettuce heads for hours on end, or dodging drug-cartel bullets in Ciudad Juarez day and night. Not too tough a decision for me, and IMHO one worth the risk of getting caught by US border police.
I'm sorry but that my friend is bull $#hit. Not every migrant worker lives on the border. Here in Michigan our economy thrives on legals and illegals from Mexico picking blueberries and it's not by the hour. You get paid based on how much you pick. I did it when I was a kid for extra money and I'm a white American. You can make good money if you're fast but if you're lazy and slow you're not going to make much. It's not slave wages. The harder you work the more you make. A lot of those immagrants drive sport cars. I see a lot of people out there sitting on their A$$ getting their "check" from unemployment when they could be out there getting their hands dirty and making some money.
You should watch the movie "A day without a Mexican".
The fact is that if every migrant worker was deported our economy would completely collapse overnight because a lot of it depends on agriculture.
Another fact is that you see a lot of whites working at American Eagle and Abercrombie but how many work out in the fields? At least a few days a week while they look for another job??
Originally Posted by iliketyla
Yeah you bring up a good point. I can't imagine assembling iPods is the most engaging activity ever, and most Americans would probably scoff at the kind of labor they seem to think is below them.
Kind of similar to when they raise an uproar about illegal immigrants taking all the jobs away, when they wouldn't be caught dead doing the kind of work some immigrants do.
At 10% unemployment, I don't know many people who would scoff at a job these days.
And, it isn't that illegal immigrants do jobs that people "wouldn't be caught dead doing" -- it's that they do jobs that people wouldn't be caught dead doing for below minimum wage. There are plenty of Americans who would pick fruit or clean buildings for a fair wage -- they just don't get the opportunity because an immigrant will do the job for cash at poverty wages.
Hammer, meet nail head. I'm an American, and unfortunately I must agree with iliketyla's assessment. There is this incredible sense of entitlement that has pervaded American culture. So many people want at least $20 per hour, but [insert deity or lack of one here] forbid they should lift more than two pounds.
Enter the illegal immigrants, who find the pay good enough to live on, not to mention the location, location, location. Hmm... $5 an hour harvesting lettuce heads for hours on end, or dodging drug-cartel bullets in Ciudad Juarez day and night. Not too tough a decision for me, and IMHO one worth the risk of getting caught by US border police.
I'm sorry but that my friend is bull $#hit. Not every migrant worker lives on the border. Here in Michigan our economy thrives on legals and illegals from Mexico picking blueberries and it's not by the hour. You get paid based on how much you pick. I did it when I was a kid for extra money and I'm a white American. You can make good money if you're fast but if you're lazy and slow you're not going to make much. It's not slave wages. The harder you work the more you make. A lot of those immagrants drive sport cars. I see a lot of people out there sitting on their A$$ getting their "check" from unemployment when they could be out there getting their hands dirty and making some money.
You should watch the movie "A day without a Mexican".
The fact is that if every migrant worker was deported our economy would completely collapse overnight because a lot of it depends on agriculture.
Another fact is that you see a lot of whites working at American Eagle and Abercrombie but how many work out in the fields? At least a few days a week while they look for another job??
AHDuke99
Mar 27, 12:14 PM
I doubt they'll release a new phone without a new OS. It just doesn't make a bit of sense.
snberk103
May 6, 05:07 PM
I didn't say that at all.
Certain things are good for one thing but not as good for another. Basing your metrics off of water and light make a lot of sense when you have to measure a great deal of new items and compare them objectively.
On the other hand when you need metrics to be a guide through daily life and nothing else, the system that's born from daily necessity makes a lot more sense.
...
You are entirely correct. There is really nothing that will make the daily life of an American citizen better 'cause their can of Bud is 331ml, or their corn-beef sandwich has 125gs of beef, and 12ml of mustard on two slices of rye, each 115mm thick.
But don't go around telling the world what a "modern" society you are when you are still stuck measuring things with this quaint system that the rest of the world has modernized away from. it's really kinda cute, you know. :D
Certain things are good for one thing but not as good for another. Basing your metrics off of water and light make a lot of sense when you have to measure a great deal of new items and compare them objectively.
On the other hand when you need metrics to be a guide through daily life and nothing else, the system that's born from daily necessity makes a lot more sense.
...
You are entirely correct. There is really nothing that will make the daily life of an American citizen better 'cause their can of Bud is 331ml, or their corn-beef sandwich has 125gs of beef, and 12ml of mustard on two slices of rye, each 115mm thick.
But don't go around telling the world what a "modern" society you are when you are still stuck measuring things with this quaint system that the rest of the world has modernized away from. it's really kinda cute, you know. :D
iGuess
Nov 27, 04:30 AM
There's way to many naysayers on this site. I've been a MacRumors reader for many years. It's because of this forum that I had finally switched to the Mac.
There are possibilities for a tablet that your standard notebook can not serve. Ever get an email that requires a document to be signed and sent back? Not a problem if you're near a printer and fax/scanner. I get dozens of those a day. Granted that might be a niche requirement because I work in the Real Estate and Mortgage industry.
There are countless applications though where writting is more natural than typing. Where touching is better suited than point and click.
I'm a techie. Always have been and always will be. I switched to the Mac because it allows me to do more and worry less! Simple.
I want a device that I can check email on the go, sign documents, sketch a quick idea, circle an interesting part of an article for someone to look over, browse the web with ease, control my other computers/servers, take a picture and write some notes on it so that someone can get a better idea of what I'm thinking and countless other possibilities I haven't thought of.
The reality is that what makes technology great isn't just the hardware. It's the software that compliments it! TabletPC's to date haven't done well because you have two companies working on different visions. There's the hardware manufacturer and then there's the software developer. Apple could bring it together with a complimentary OS and application bundle.
Oh and I haven't read anyone else bring up this method for keyboard entry for those neccessary moments when it just feels better.
http://www.itechdynamic.com/en/products_spec.asp?cid=7&pid=07020
There are possibilities for a tablet that your standard notebook can not serve. Ever get an email that requires a document to be signed and sent back? Not a problem if you're near a printer and fax/scanner. I get dozens of those a day. Granted that might be a niche requirement because I work in the Real Estate and Mortgage industry.
There are countless applications though where writting is more natural than typing. Where touching is better suited than point and click.
I'm a techie. Always have been and always will be. I switched to the Mac because it allows me to do more and worry less! Simple.
I want a device that I can check email on the go, sign documents, sketch a quick idea, circle an interesting part of an article for someone to look over, browse the web with ease, control my other computers/servers, take a picture and write some notes on it so that someone can get a better idea of what I'm thinking and countless other possibilities I haven't thought of.
The reality is that what makes technology great isn't just the hardware. It's the software that compliments it! TabletPC's to date haven't done well because you have two companies working on different visions. There's the hardware manufacturer and then there's the software developer. Apple could bring it together with a complimentary OS and application bundle.
Oh and I haven't read anyone else bring up this method for keyboard entry for those neccessary moments when it just feels better.
http://www.itechdynamic.com/en/products_spec.asp?cid=7&pid=07020
airamerica
Sep 11, 11:05 AM
Consider this, the upcoming keynote is NOT given by SJ but by one of the other Apple senior team members - following his (Steve�s) below par performance last time out... Now this news would be bigger than anything else. I�d even suggest that if he shares any floor-time with anyone else things are not looking good!
BTW I hope I am very, very, wrong and we are all talking about amazing new products by this time tomorrow.
BTW I hope I am very, very, wrong and we are all talking about amazing new products by this time tomorrow.
munkery
Dec 25, 01:21 PM
If mac users don't use av software, there's little motivation for anyone to supply it. If NO ONE is working on av software, then in the eventuality that we do need it, we're all starting from scratch. That's just never a good place to be if you can with minimal effort prevent it.
It's kind of like getting your flu shot in a year when the flu isn't supposed to be particularly bad. I seldom get the flu, but I go ahead and get the shot every year anyway because if no one does, there's little motivation for pharma companies to develop future flu shots. Which means in the really bad flu years, there's a shortage because only one company is making the shot.
Flu vaccines are very much like AV software for Mac. They both rely on fear, uncertainty, and doubt. H1N1 killed fewer people per year than the more typical strain of flu but the marketing hype made big business a lot of money.
It's kind of like getting your flu shot in a year when the flu isn't supposed to be particularly bad. I seldom get the flu, but I go ahead and get the shot every year anyway because if no one does, there's little motivation for pharma companies to develop future flu shots. Which means in the really bad flu years, there's a shortage because only one company is making the shot.
Flu vaccines are very much like AV software for Mac. They both rely on fear, uncertainty, and doubt. H1N1 killed fewer people per year than the more typical strain of flu but the marketing hype made big business a lot of money.
ecphot
Mar 30, 09:22 PM
in Lion - in the user's home folder is the library hidden? according to some people on the photoshop forums - Apple has decided to make things simpler for new users. I hope thats not true. Can anyone confirm this?
okboy
Apr 23, 06:08 PM
We should stop using this as proof. Remember the iPad 2 was supposed to have a Retina display because of this? To make it worse, it's a beta. Slow news day I guess, but look how worked up people get about it. Just stop.
iMacZealot
Aug 4, 11:40 PM
If Im not mistaken every KeyNote from Steve Jobs, whether at WWDC, MacWorld or any other event from Apple has been on tuesdays. Why is this one DIFFERENT. Could we see a Movie Store on Tuesday ???????
No. Unlike your last five posts (which have all said the same things, how original) have said, most, if not all keynotes are on Mondays, with the exception of special events typically releasing new iPods. Ever thought of checking something first? it's an amazing thing to do that will prevent you from making the same embarrasing mistake five times.
No. Unlike your last five posts (which have all said the same things, how original) have said, most, if not all keynotes are on Mondays, with the exception of special events typically releasing new iPods. Ever thought of checking something first? it's an amazing thing to do that will prevent you from making the same embarrasing mistake five times.
islanders
Jul 23, 01:12 PM
(i tried to edit this and lost my post!)
darrens
Aug 4, 08:11 AM
I think I remember reading on one of the MacRumors forums that Merom is really a full 64-bit processor, bu rather a 32-bit w/ 64-bit extensions or something. Any truth in this?
Yes - both AMD 64 and Intel EM64T are 64 bit extensions to the 32 bit x86 processor.
From what I understand the registers are still 32 bit, but the chips have a 64 bit address space and more registers.
No-one has the need for a truly 64 bit machine at this point - just machines that can address more RAM. The 4GB RAM limit on 32 bit processors is beginning to be an issue for pro users.
I think the vector extensions (AltiVec and SSE) have very large registers - 128 bit? This is what's used when there is a need for a specific optimisation.
Just my layman's understanding. Ready to be corrected!
Yes - both AMD 64 and Intel EM64T are 64 bit extensions to the 32 bit x86 processor.
From what I understand the registers are still 32 bit, but the chips have a 64 bit address space and more registers.
No-one has the need for a truly 64 bit machine at this point - just machines that can address more RAM. The 4GB RAM limit on 32 bit processors is beginning to be an issue for pro users.
I think the vector extensions (AltiVec and SSE) have very large registers - 128 bit? This is what's used when there is a need for a specific optimisation.
Just my layman's understanding. Ready to be corrected!
nmrrjw66
Apr 15, 07:17 PM
:mad::mad::mad: I am seriously starting to get pissed.
9 Things the Rich Don't Want You To Know About Taxes (http://www.wweek.com/portland/print-article-17350-print.html)
It's a long article so here are some excerpts;
3. In fact, the wealthy are paying less taxes.
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.)
4. Many of the very richest pay no current income taxes at all.
John Paulson, the most successful hedge-fund manager of all, bet against the mortgage market one year and then bet with Glenn Beck in the gold market the next. Paulson made himself $9 billion in fees in just two years. His current tax bill on that $9 billion? Zero.
Congress lets hedge-fund managers earn all they can now and pay their taxes years from now.
In Congress debated whether hedge-fund managers should pay the top tax rate that applies to wages, bonuses and other compensation for their labors, which is 35 percent. That tax rate starts at about $300,000 of taxable income�not even pocket change to Paulson, but almost 12 years of gross pay to the median-wage worker.
WTF does someone even do with 9 billion dollars?
9 Things the Rich Don't Want You To Know About Taxes (http://www.wweek.com/portland/print-article-17350-print.html)
It's a long article so here are some excerpts;
3. In fact, the wealthy are paying less taxes.
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.)
4. Many of the very richest pay no current income taxes at all.
John Paulson, the most successful hedge-fund manager of all, bet against the mortgage market one year and then bet with Glenn Beck in the gold market the next. Paulson made himself $9 billion in fees in just two years. His current tax bill on that $9 billion? Zero.
Congress lets hedge-fund managers earn all they can now and pay their taxes years from now.
In Congress debated whether hedge-fund managers should pay the top tax rate that applies to wages, bonuses and other compensation for their labors, which is 35 percent. That tax rate starts at about $300,000 of taxable income�not even pocket change to Paulson, but almost 12 years of gross pay to the median-wage worker.
WTF does someone even do with 9 billion dollars?
Ava's Meeshee
Apr 20, 09:13 AM
Yes, the US is literally the entire world. There are no other countries, let alone other countries with 12-month contracts. Why, Sir, that would be inconceivable!
Apple is an American company and MacRumors is a U.S. based forum.
Apple is an American company and MacRumors is a U.S. based forum.
ECUpirate44
Mar 28, 11:13 AM
The second update makes more sense.
kainjow
Sep 10, 11:00 PM
$3-4.99 rentals of brand new movies would be awesome. Otherwise, "meh"
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