Day August 16, 2008

Many corporations pay no income taxes

While it failed to name the ways specific corporations avoided taxes, the GAO survey, based on Internal Revenue Service records, attributes the failure to three factors: tax credits, operating losses and “transfer pricing,” which means corporations internally shift taxable profits…

Another Left president in South America

Fernando Lugo has become president of Paraguay promising “the indigenous and the poor will be the privileged of my government.” His election ends 60 years of repressive rule by the Colorado Party.

San Francisco Wordcamp

I’m geeking out at San Francisco Wordcamp. It’s a WordPress conference, the platform this blog is run on. Probably 400 people are here. The format is 30 minute presentations. So far, SEO for bloggers, open source as income source, microformats,…

The Great Illusion

Paul Krugman in the NY Times The war in Georgia isn’t that big a deal economically. But it does mark the end of the Pax Americana — the era in which the United States more or less maintained a monopoly…