A new corporate tax code for America?


Association for Competitive Technology
In the Wall Street Journal, Secretary of the Treasury Henry M. Paulson Jr. writes that “a new, broad examination of [the American] business tax system and its impact on economic growth and job creation in the U.S.” is needed. As Mr. Paulson points out, “[a] study by Treasury economists estimated that a country with a tax rate one percentage point lower than another country’s attracts 3% more capital.”
The Register reports that, according to a new study by the Strategy Analytics Wireless Media Lab, “e-commerce sites are putting their future success at risk by failing to offer users the ability to buy through their mobile websites.”
According to the New York Times, “Google executives are expected to be called to testify before House and Senate subcommittees about the company’s planned $3.1 billion acquisition of DoubleClick, a deal that is already facing close scrutiny from federal antitrust regulators.”
Alexander Wolfe has an interesting post on his blog (Wolfe’s Den) today in which he points out that the “forking” of Unix in the 1980s was “nothing compared to the mess we’ve got today with Linux , where upwards of 300 distributions vie for the attention of computer users seeking an alternative to Windows.” Wolfe’s conclusion: “There’s no other way to put it: Linux is a forking mess.”
According to CNetNews.com, “[w]ith only two months left before government agencies must figure out how to deal with data breaches and data theft, federal bureaucrats are scrambling to meet the looming deadline. The deadline was created by a White House directive (PDF) published this spring that gave all federal agencies until September 22 to figure out the wisest way, using their ‘best judgment,’ to come up with a plan to secure Americans’ personal data and to alert them if it falls into the wrong hands.”
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