Become a fan of Slashdot on Facebook

 



Forgot your password?
typodupeerror

Comment Re: Republicans are deranged about the IRS (Score 1) 136

Alas it's never that simple. Here's a basic question: What is income?

Sure, wages, salary, and dividends are income. What about an asset that increases in value? If you say yes you have to pay for an assessment of all your assets every year. Or let's assume you say it's not income until you sell it and get a "capital gain".

Now, if you take out a loan is that income? If you say yes then you pay huge tax when you buy a house or car with a loan. (You wanted simple and no exceptions!) Suppose you say no, it's not income.

Now wealthy people have large assets that gain value over time without being taxed. They can take out a loan every year against a portion of those assets without being taxed. The assets gain value fast enough that each new loan can pay off the old loan and still provide significant annual income that's not taxed. Wealthy people actually do this now!

Now can you figure a simple way to fix this?

Comment Searching the Web (Score 1) 81

When I was in high school, Science Olympiad briefly had an event called "Searching the Web". It was about using a newfangled thing called a "search engine" to look up answers to various questions. I remember I hoped to get a "leg up" by using Metacrawler. (Its mascot was a spider with 8 legs, see?) I'd heard rumors about a great new search engine named after some large number, like maybe a googol, but I hadn't used it yet.

I guess it's just a phase these things go through.

Comment Re:"It's going to get so much better, fast!!" (Score 1) 42

Text is at the limit. Still image generation is pretty much there too. But other fields are still improving. Video generation has improved by leaps and bounds this year. I also heard of someone taking the large-x-model approach to robotics. They're still building a data set of motion, so it may take them awhile, but they already had some decent results.

Slashdot Top Deals

I have the simplest tastes. I am always satisfied with the best. -- Oscar Wilde

Working...