Tax Common Sense

Bruce Bartlett speaks of economic common sense in the midst of the current political circus. The Daily Show with Jon Stewart Mon – Thurs 11p / 10c Bruce Bartlett www.thedailyshow.com Daily Show Full Episodes Political Humor & Satire Blog The … Continue reading

Take ‘Em to Church?

Gruber explains that profit is not to be sacrificed on the altar of market share. Continue reading

You’re Supposed to Get What You Pay For

 

Job Creation and Job Quality Standards in State Economic Development Subsidy Programs | PHENND Updates:

“Report: States Spend Billions on Economic Development Subsidies that Don’t Require Job Creation or Decent Wages

Pennsylvania scored a D, tied for 40th place among the states

Pennsylvania is spending millions of dollars per year on corporate tax credits, cash grants and other economic development subsidies that lack wage and benefit standards for workers at subsidized companies and sometimes don’t require job creation, according to a new national report card issued by Good Jobs First.”

(Via PHENND.)

When you pay for something like foregoing taxes, government’s should get something in return.  They’re our tax dollars right?

Beleagured Doesn’t Begin to Describe It

RIM can’t get even begin digging out of the hole it’s until late 2012. Continue reading

Louis CK: Live at the Beacon Theater…Cheap!

Louis CK: Live at the Beacon Theater:

The show went on sale at noon on Saturday, December 10th. 12 hours later, we had over 50,000 purchases and had earned $250,000, breaking even on the cost of production and website. As of Today, we’ve sold over 110,000 copies for a total of over $500,000. Minus some money for PayPal charges etc, I have a profit around $200,000 (after taxes $75.58). This is less than I would have been paid by a large company to simply perform the show and let them sell it to you, but they would have charged you about $20 for the video. [emphasis mine] They would have given you an encrypted and regionally restricted video of limited value, and they would have owned your private information for their own use. They would have withheld international availability indefinitely. This way, you only paid $5, you can use the video any way you want, and you can watch it in Dublin, whatever the city is in Belgium, or Dubai. I got paid nice, and I still own the video (as do you). You never have to join anything, and you never have to hear from us again.

(Via The Loop.)

Information on the internet is costly to produce, near costless to distribute, but marketing can be an issue, a costly one at that.  Louis CK has an established brand so he can take the risks in production and let the viral nature of the Internet do its thing.

The experiment was successful but it’s not a game changer for Louis CK per se.  (If you doubt that, you put out $250,000 for production and see how viral your show goes.)  He just cut out a middle man, made more money and we saved some.  That’s the game changer for the big distribution, really marketing, companies.  Social networking is not good for their business model.  Not at all.

Read his whole post.  A lot to learn there.

Louis CK: Live at the Beacon Theater…Cheap!

Louis CK shows how a disintermediated artist can make money, control his/her brand, and provide added value to the customer. Continue reading

In Ways that Seem Inconsistent

Apple may be using patent troll to do its legal dirty work:

It’s not clear just how complicit Apple is in Digitude’s business, but EFF staff attorney Julie Samuels told TechCrunch that if Apple was deliberately aiding Digitude’s patent trolling, “it would be horrifying.” And even if Apple were somehow coerced into settling with Digitude, Samuels doubts that “Apple didn’t have any other options.”

As we noted recently, Apple has a tendency to use its intellectual property in ways that seem inconsistent. For instance, an Opera developer claims that Apple has a pattern of using patents to slow down the W3C’s open standards process, while promoting open standards when it gives Apple leverage against its competitors. This situation with Digitude seems similar; Apple opposes the tactics of patent trolls when they come after iOS developers, but seems to support them if it aids its ongoing legal battle for dominance of the smartphone market.

(Via arstechnica.com)

Disturbing to say the least!