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  3. California Says Tax Revenue ‘At Risk’ From Facebook Drop

California Says Tax Revenue ‘At Risk’ From Facebook Drop

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  • L Lost User

    mark merrens wrote:

    Sounds like false accounting to me.

    Sounds like they're blatantly copying European accounting-methods :-D

    Bastard Programmer from Hell :suss: if you can't read my code, try converting it here[^]

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    Marcus_2
    wrote on last edited by
    #20

    Eddy Vluggen wrote:

    Sounds like they're blatantly copying European accounting-methods :-D

    But they forgot to copy the most important part: "Oh, it didn't go as planned... Never mind, we just raise the tax for everyone else so we get the money in.".

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    • M Marcus_2

      Eddy Vluggen wrote:

      Sounds like they're blatantly copying European accounting-methods :-D

      But they forgot to copy the most important part: "Oh, it didn't go as planned... Never mind, we just raise the tax for everyone else so we get the money in.".

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      BobJanova
      wrote on last edited by
      #21

      I think you'll find they actually did follow the most important part: "We have shared currency, so we can just issue more bonds and someone else will cover things if we screw up too badly". Though I hesitate to use the word copy because I think US states have been doing this for longer than Eurozone countries.

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      • M Mark_Wallace

        If you go carrying pictures of Chairman Mao, You ain't gonna make it with anyone anyhow.

        Damn those alien lizards!

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        Lost User
        wrote on last edited by
        #22

        ..and cut the crap on communism. I'd love a discussion in the soapbox using Plato's idea's, but whenever it comes up here it merely means one thing; some fool who's afraid that "some poor man" is going to "steal" his money. (They're using "communism" here for "socialism", as that's the same thing for the average American) Get over it, the communists are no more, Poetin is running the exact same show as Obama. Loose the frigging age-old propaganda, it might have been helpfull in the cold ages, it's what's going to kill us now.

        Bastard Programmer from Hell :suss: if you can't read my code, try converting it here[^]

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        • L Lost User

          ..and cut the crap on communism. I'd love a discussion in the soapbox using Plato's idea's, but whenever it comes up here it merely means one thing; some fool who's afraid that "some poor man" is going to "steal" his money. (They're using "communism" here for "socialism", as that's the same thing for the average American) Get over it, the communists are no more, Poetin is running the exact same show as Obama. Loose the frigging age-old propaganda, it might have been helpfull in the cold ages, it's what's going to kill us now.

          Bastard Programmer from Hell :suss: if you can't read my code, try converting it here[^]

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          Mark_Wallace
          wrote on last edited by
          #23

          My comment wasn't about communism, which I don't see as being any worse than capitalism (in fact, it's better in many ways, but worse in many others). It's the conspiracy thing that gets me. It's becoming usual for the extreme right-wing to jump on conspiracy theories just as quickly as the extreme left wing. Looking for structure in human behaviour (especially the behaviour of hyper-go-getter-type humans who want to grab as much as they can for themselves) is usually not the best idea. Look for individual stupidity and excessive greed, get rid of the few who exhibit it, and you'll soon see that there was no conspiracy.

          I wanna be a eunuchs developer! Pass me a bread knife!

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          • M Mark_Wallace

            My comment wasn't about communism, which I don't see as being any worse than capitalism (in fact, it's better in many ways, but worse in many others). It's the conspiracy thing that gets me. It's becoming usual for the extreme right-wing to jump on conspiracy theories just as quickly as the extreme left wing. Looking for structure in human behaviour (especially the behaviour of hyper-go-getter-type humans who want to grab as much as they can for themselves) is usually not the best idea. Look for individual stupidity and excessive greed, get rid of the few who exhibit it, and you'll soon see that there was no conspiracy.

            I wanna be a eunuchs developer! Pass me a bread knife!

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            L Offline
            Lost User
            wrote on last edited by
            #24

            Mark Wallace wrote:

            My comment wasn't about communism

            My apologies, encountered it often enough to make it a reflex-rant..

            Mark Wallace wrote:

            It's the conspiracy thing that gets me. It's becoming usual for the extreme right-wing to jump on conspiracy theories just as quickly as the extreme left wing.

            Granted, never attribute to malice what can be explained by sheer incompetence.

            Mark Wallace wrote:

            Look for individual stupidity and excessive greed, get rid of the few who exhibit it, and you'll soon see that there was no conspiracy.

            Ehr.. you did hear about LIBOR? I can make a list if you want :)

            Bastard Programmer from Hell :suss: if you can't read my code, try converting it here[^]

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            • L Lost User

              Mark Wallace wrote:

              My comment wasn't about communism

              My apologies, encountered it often enough to make it a reflex-rant..

              Mark Wallace wrote:

              It's the conspiracy thing that gets me. It's becoming usual for the extreme right-wing to jump on conspiracy theories just as quickly as the extreme left wing.

              Granted, never attribute to malice what can be explained by sheer incompetence.

              Mark Wallace wrote:

              Look for individual stupidity and excessive greed, get rid of the few who exhibit it, and you'll soon see that there was no conspiracy.

              Ehr.. you did hear about LIBOR? I can make a list if you want :)

              Bastard Programmer from Hell :suss: if you can't read my code, try converting it here[^]

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              M Offline
              Mark_Wallace
              wrote on last edited by
              #25

              Eddy Vluggen wrote:

              Ehr.. you did hear about LIBOR?

              Sure. The problem was that a bunch of guys realised that they could make some money for nothing, with a sort-of equivalent to insider trading, and other guys caught on to the idea, so several guys were making money for nothing. I don't see any grand conspiracy, or attempts to 'control the world", though. All I see is a few greedy, stupid ****ers doing the kind of stupid, greedy thing that greedy, stupid ****ers do -- i.e. putting their own wallets first, with no consideration for the consequences. Should they be shot? Damned straight. In China, they probably would be, so Communism's looking better all the time.

              I wanna be a eunuchs developer! Pass me a bread knife!

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              • L Lost User

                Facebook is again to blame;

                Quote:

                If “the lower share prices persist through November and December, hundreds of millions of dollars of income tax revenue assumed in the state budget plan are at risk.”

                Full story on Bloomberg[^]

                Bastard Programmer from Hell :suss: if you can't read my code, try converting it here[^]

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                Lost User
                wrote on last edited by
                #26

                Obviously the government should use tax payer money to boost the shares of Facebook stock.

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                • M Mark_Wallace

                  Eddy Vluggen wrote:

                  Ehr.. you did hear about LIBOR?

                  Sure. The problem was that a bunch of guys realised that they could make some money for nothing, with a sort-of equivalent to insider trading, and other guys caught on to the idea, so several guys were making money for nothing. I don't see any grand conspiracy, or attempts to 'control the world", though. All I see is a few greedy, stupid ****ers doing the kind of stupid, greedy thing that greedy, stupid ****ers do -- i.e. putting their own wallets first, with no consideration for the consequences. Should they be shot? Damned straight. In China, they probably would be, so Communism's looking better all the time.

                  I wanna be a eunuchs developer! Pass me a bread knife!

                  L Offline
                  L Offline
                  Lost User
                  wrote on last edited by
                  #27

                  Mark Wallace wrote:

                  I don't see any grand conspiracy, or attempts to 'control the world"

                  I do not see an attempt to take over the world, but the banks had to collaborate to pull this of. If entities gang together in secrecy to do something illegal, I'll be calling it a conspiracy. Compare it to the tabacco-moment; they weren't wearing tin-foil hats, not planning to take over the world. But if the tobacco-industry didn't cover for each other, they'd lose out on a whole lot profit. And so they conspired, until that famous tabacco-moment. I do hope that there's some group calling the shots. It'd be a very scary idea that were in the hands of our own politicians.

                  Bastard Programmer from Hell :suss: if you can't read my code, try converting it here[^]

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                  • K Kschuler

                    Nope. Not the whole country. My state is better than ever.[^]

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                    BoomRShine
                    wrote on last edited by
                    #28

                    What I find weird about North Dakota is, despite its continously low unemployment rate, the population has been stagnant for nearly one hundred years. The population in 1920 (681K) was larger than it was at the 2010 Census (673K). It is the only state like that. Most states have added millions of people since 1920. Is this due to young North Dakotans moving out of state following graduation?

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                    • T Tim Corey

                      Really? I thought Texas was having a bunch of problems (like this[^]). I don't want to get into a political debate, because that doesn't seem to be the issue. I think the issue is that no one wants to make the hard choices because that won't get them elected. My family can't spend more than it makes...well, I can but the consequences aren't good - foreclosure, etc. The government never feels that way. There seem to be no consequences to spending more than we "make" (from taxes). Well, now everyone is going to feel it. It will hit some states before it hits others but the end result will be the same. Much tougher cuts now because of mistakes in the past.

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                      BoomRShine
                      wrote on last edited by
                      #29

                      Yea, and there is also this. Texas' FY12 budget shortfall is $13.4 billion, 31.5% of its budget. The only states that are worst are New Jersey (37.4%) and Nevada (45.2%).

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                      • B BoomRShine

                        What I find weird about North Dakota is, despite its continously low unemployment rate, the population has been stagnant for nearly one hundred years. The population in 1920 (681K) was larger than it was at the 2010 Census (673K). It is the only state like that. Most states have added millions of people since 1920. Is this due to young North Dakotans moving out of state following graduation?

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                        Kschuler
                        wrote on last edited by
                        #30

                        I can't say for sure, but I think that is the general idea. I also have heard people talk about how the small family farm isn't so common place anymore. We have now have bigger farms which, due to technology advancements, can work more land with fewer actual people doing the work. Since agriculture has been our main meal ticket, I think this is a big part of it. I'd be curious to see what industries those open jobs have been over the course of those 100 years. I'm sure the weather is probably a factor that keeps people away too.

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