190°

Herman Cain's 999 Tax Plan... Originally Seen in Sim City 4?

E-mpire writes: Ever wonder where the presidential candidate came up with his plan? Here's an idea...

ATi_Elite4570d ago

yeah but Cain also wants to eliminate Capitol Gains tax! Cap gains is how rich people get even richer by just investing money and only paying 10% tax on Cap Gains Profit where as someone working 9-5 would pay 25% on their income!

Most CEO's have low salaries like $1 or $20,000 and pay no taxes on that small amount but then they make millions from Stock and only pay 10% tax on that but then write off most of their expenses to business and get most of that 10% back!

crazy that he got that idea from the Sims

fr0sty4570d ago

He used to be on the board of directors for the federal reserve, so I'm not surprised to see the top 1% being favored by the policies.

They contacted the guy who supposedly came up with the plan asking if that's where he drew his inspiration, he would not comment on it.

ATi_Elite4570d ago (Edited 4570d ago )

"Hey Mr. Smart guy how did you come up with the 999 plan"?

"Well my daughter was playing the Sims and I saw some golf clubs in the Sims store, I told her to buy them, then she told me about the tax and stuff......so that's basically it".

"So you were inspired by a video game"?

"Inspired!!! Ha ha ha hecks NO!.....I just took their whole Ideal"!

lol

4570d ago
Lazy_Sunday4570d ago

How the hell does your comment relate to video games in any way?

Oh, you put the Sims in there at the bottom, I see wut u did tharr...

feelintheflow4570d ago

2009 IRS.Gov Top 10% of wage earners pay 73% of all U.S. Federal Income taxes. Bottom 40% pay 0 or get more back than they paid in. Check it out.

MyNameIsNotRick4570d ago

The richest 1 percent of Americans now take home almost 24 percent of income, up from almost 9 percent in 1976. Do ya think this might also be something that should be mentioned? If you took EVERYTHING the bottom 50% of Americans have on this earth it would net the government about the same as simply reversing the bush tax cut for the rich. You also forgot to mention that the poor pay a much higher percentage of their income on OTHER taxes. Somehow a large portion of our country have been duped into schilling for the rich. Are you rich or just trying to help them out. Trust me, they are ok. We have been giving them tax cuts for 30 years so they could "trickle" our jobs to cheaper labor overses. Turn off Fox news. ...end rant...

PS I like games.

feelintheflow4569d ago

P.S. don't watch Fox news. Back on topic. 40% pay zero.... what more do you want? 80% pay zero? How about 80% get 30k in tax rebates and we tax the top 20% of earners at 90%, would that be ok? How do poor pay more in other taxes??? Oh and I play games too. Right now if you taxed the top 5% at 100% it still would not pay our annual budget. TAx cuts.. NO, spending cuts, yesssssssss Thats what I want. NO I am not rich, I am comfortable, but I also was in teh 40% who took back more than I paid last year. Not my fault we have a broken tax code. How about Berkshire Hathaway pay the taxes they owe from last year instead of their main man saying lets tax people more. Just a thought.

MyNameIsNotRick4569d ago

One example of other taxes is the tax we all pay for gas to go to work. About 17% of a gallon of gas is tax. Can you understand that that 17% is a much higher rate for someone making 20,000 per year than it is for someone making one million dollars per year. They both pay the same rate, but the poor guy is paying a much bigger portion of his income, in taxes for that same gallon of gas. This applies to everything except groceries.

feelintheflow4569d ago

I get your point as far as portion of their money, but that is a consumption tax, I know plenty of people who try and drive as little as possible. And the rich person probably spends far more in consumption taxes than the poor. How poor are the poor here in America anyway, how many people do you know that you would consider poor, or struggling that have a cell phone, cable tv, a flat screen, smoke, drink. Sometimes its about choices. I know plenty of broke people in college, since i am in school again, that are on financial aid, food stamps, and other govt. aid, that have iphones, smoke, drink every weekend. More often or not poor people stay poor because of the choices they make. Generalization I know, but just take a look at the people around you. People don't have to have smart phones, they don't have to spend 5 bucks a pack on cigs, or drink booze. I grew up in a poor household after my dad left my mom, she worked 3 jobs, I have friends who won't work one bacause their govt. aid is more. That is the problem we have with the poor. I came out of a poor house, and am comfortable. IF i can do it, anyone can. IF one can make then anyone can.

MyNameIsNotRick4569d ago

You are very right. There are allot of poor people that overspend and being poor in America is not the same as in other countries. Going back to your origional post, I just get tired of people calling out the poor. Increasing taxes on the poor will only create more poor people. And the curent trend is creating two classes (no middle class). The rich have all the say in washington. They generally get what they want. The bottom 50% of this country have 2.5% of the wealth. Like I said, we could take everything they own, and it wouldn't solve our problems. And, for every jackass who is gaming the system or whatever, there are many more hard working poor people and families who are doing everything right and still not making it. I'm just not going to look to those people to solve our countries financial mess (they can't solve it and the didn't make the mess).

Great discussion though. take care.

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swishersweets200314570d ago

I hate hermain cain, keep this political douche off these game forums please.

Ron paul shout out :p

fr0sty4570d ago

I too hate herman cain and also am all for Ron Paul. He's our only hope. However, this was just to funny to pass up. How many candidates do you know of that hinge their campaign on something stolen from a video game? Even funnier, he has been on national television saying his 999 plan cannot work.

swishersweets200314570d ago (Edited 4570d ago )

the only people saying those guys are leaders are the media and corperate douche bags and crooked repubs.. ron paul is the true front runner, because he has won at least what.. 5 straw polls to cains..1. romneys 1, perrys none, bachmans 1.

RON PAUL RULES.

220°

EA Hopes to Use Generative AI to Drive Monetization and Make Development 30% More Efficient

Today Electronic Arts CEO Andrew Wilson provided a look into his ideas for the use of generative AI in the company's development processes.

Read Full Story >>
techraptor.net
thorstein43d ago

I wonder what the next buzz word they'll slap in front of AI to make it sound exciting next? "Generative" as if it's creating its own content. Lol.

Cacabunga42d ago

EA is already dying a painful death..

peppeaccardo42d ago

i have a better idea .. why the whole exec team doesn't get replaced by chat bots ?

just_looken43d ago

Though i agree the ai thing is already in other forms of media there have been ai translations/scripts/voice over and even full ai commercials aired on tv. Ubisoft has created a ai game creator story/vo/music except the building of the game

The new unreal engine has auto terrain creation tools

In the world of greed in which it is winning without any major blow back ai is our future.

everyone want's biden dead on the mic or a criminal instead of a woman and now we are getting ai everything because no one will stop watching/playing ai created media.

GamerRN43d ago

Maybe they should just focus on making good games?

Just a thought...

Kiryu199242d ago

Exactly EA are just pure evil. When they are beating Bank of America to be voted the worst company to work for that’s saying a lot

Good thing I don’t buy their games day one and wait for deep deep sale years after launch (the select few games I am actually interested in)

Gaming is making so much money yet the greed of these companies is never ending

CEO’s and people on board making millions yet cutting jobs to those who are actually making the products

+ Show (1) more replyLast reply 42d ago
Knightofelemia43d ago (Edited 43d ago )

EA is still a shady shitty company even with or without the help of Skynet. All they will use AI for is new ways to milk loot boxes and come up with the same sports title with a different year on the label. They are one company I truly do hate with a passion. They single handedly ruined some great franchise with their death touch. ME, Dead Space, Alice Returns, Dante's Inferno.

Stuart575643d ago

EA layoffs followed by 'Generative AI to Drive Monetization'

I knew it. Wonder what AI salary looks like? Nothing.

ChasterMies43d ago

I having a feeling that most of the layoffs in the industry are based on the idea that AI will do the same job for less.

DarXyde42d ago

Very likely, yes.

Made worse by the fact that the execs aren't changing their compensations.

My deepest fear at this point is that we are now in the capitalism endgame.

At this point, we really should just burn AI to the ground. Executives cannot be trusted to do the right thing.
How are those people expected to support families if everything gets automated?

Barlos43d ago (Edited 43d ago )

And take away creativity, and people's jobs as we've been seeing. Got it.

No thanks. I want my games created by people, not AI.

CobraKai43d ago

Exactly. If or when games start becoming more AI than people, im done with gaming. AI and companies like EA can suck donkey d***k.

just_looken43d ago

Though i agree remember this is no ps3/360 era were we got up to 3 games in one generation from on developer like gears/halo/bioware/sony/ms

The people today are pro esg/sweet baby for the most part AAA gaming is imploding right now.

We should be stepping back re evaluate everything as a whole this year xmen 97 written/directed by a woman that is nuts and its also being made by a group reshaping bodies to be less sexual like wtf. A dam famous cartoon from the 90's is being rebuilt with millions spent to be worse in everyway.

Gaming/movies/tv shows made today are worse than what we had 7years ago ai won't change this but that ai is also being made by these groups so either way we are screwed.
https://www.youtube.com/wat...

Eonjay42d ago

Don't be of afraid of women. Sexy characters in games and movies still exist. Got my Stellar Blade on preorder!!! Everything all the time doesn't need to be sexual...that's stupid, childish and dull.

Chocoburger43d ago (Edited 43d ago )

EA doesn't want to lose their title of worst gaming company ever, always trying their best to remain the champs!
What's sad is that they have so much potential to be a decent publisher.

SSX Tricky / SSX 3
Def Jam Vendetta / Fight for New York
NBA Street
NFL Steet
Mirror's Edge
Bad Company
Burnout 3 / 4 / 5

Remember when EA used to be awesome? It's all over with now. Unpolished, if not out-right broken games these days. Endless monetization and gambling in their sports games, and let's not forget wasting hours of your life trying to unlock characters or equipment using "surprise boxes!"

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80°

EA And Sony Layoffs, Entertainment News And More Skewedcast

Gareth, Justin, and JoeyZ look at Layoff news for EA and Sony and reasons behind the downturn in the industry and more.

220°

EA - Continuing to evolve our business and teams

EA CEO Andrew Wilson writes: "In this time of change, we expect these decisions to impact approximately 5 percent of our workforce. I understand this will create uncertainty and be challenging for many who have worked with such dedication and passion and have made important contributions to our company. While not every team will be impacted, this is the hardest part of these changes, and we have deeply considered every option to try and limit impacts to our teams. Our primary goal is to provide team members with opportunities to find new roles and paths to transition onto other projects. Where that’s not possible, we will support and work with each colleague with the utmost attention, care, and respect. Communicating these impacts has already begun and will be largely completed by early next quarter."

LG_Fox_Brazil50d ago

All the big ones doing the same stuff. Terrible. I just hope that all these people are able to get a new job as soon as possible, God know that it is horrible to be left jobless when you have your kids or your parents depending on your financial help

Jin_Sakai50d ago (Edited 50d ago )

2024 so far.

Feb ’28 Electronic Arts (EA) 670 (5%)
Feb ’24 PlayStation 900 (8%)
Feb ’24 Vice Media Group Several hundred
Feb ’24 Buzzfeed 16%
Feb ’24 NowThis 26 (50%)
Feb ’24 Paramount Global 800 (3%)
Feb ’24 SiriusXM 160 (3%)
Feb ’24 Snapchat 10%
Jan ’24 TechCrunch 8 + subscription product
Jan ’24 U.K.’s Channel 4 200
Jan ’24 Business Insider 8%
Jan ’24 Microsoft Gaming 1,900
Jan ’24 Riot Games 530
Jan ’24 Sports Illustrated Possibly all
Jan ’24 YouTube 100
Jan ’24 Pitchfork (Conde Nast) Undisclosed
Jan ’24 Universal Music Group Hundreds
Jan ’24 Discord 17%
Jan ’24 NBC News 50-100
Jan ’24 Audible 5%
Jan ’24 Google Hundreds
Jan ’24 Amazon Hundreds
Jan ’24 Duolingo 10%
Jan ’24 VideoAmp 20%

DATA AS OF FEB. 28, 2024

outsider162450d ago

Is it possible maybe this whole ai thing is in play?

just_looken50d ago

Another long list that skips over UPS cutting 12,000 jobs those workers as we know work without ac low pay and old box trucks but that company had to cut 12k jobs do too loosing billions of dollars year 2 year.

https://edition.cnn.com/202...

The greed and lack of transparency/oversight is disgusting.

Ups are still making bang but not enough for a golden boat fleet.

Remember we all use ups at some time even stuff in our stores this is going to be a huge issue gong forward i know in my area they removed half the state ups stores northern half least population got some 3rd party running packages now from minivans.

Sonic188150d ago

When I explan this I get called a troll 🤔 like wtf

thorstein50d ago

@just_looken

UPS is a different story altogether.

They are paying the people doing the actual work/ earning the money more and eliminating management.

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CrimsonWing6950d ago (Edited 50d ago )

You do realize around this time this happens all throughout many industries (not just the game industry), right? It has to do with taxes for these major companies, like tax subsidies for downsizing. You want to know a little secret? Around May or so you’ll see a spike in hiring…

It blows my mind that people are oblivious to corporate workings.

Andrew33650d ago

So over 25 huge companies cut jobs every year like this and it only got noticed this time?

CrimsonWing6950d ago (Edited 50d ago )

@Andrew336

Yes, that’s exactly what I’m saying. Google it up if you’re uninformed of how corporations work. Only gamers seem to live in a bubble and when they see things like crunch, acquisitions, and lay-offs they act like this is the only industry it happens to and how shocked they are about it.

Welcome to the real world, kid.

thorstein50d ago (Edited 50d ago )

EA CEO Wilson's total compensation was 20 million. Let's take away 19 million (I'm sure he can survive on 1 million.... somehow).

1 million is the salary of an in the chair developer @100,000 for 10 years.

He could earn 1 million a year.

And save the jobs of 15 in the chair devs for A DECADE (plus benefits) with ONE YEAR'S compensation.

RhinoGamer8850d ago

No Executive accountability or firings I see...

just_looken50d ago

Do not worry they will take over 40mill say sorry then get hired by playstation or xbox

blackblades49d ago

I heard Japan does it better, they do layoffs like what's happening with companies in the west. The higher ups also being agreeing to to lower there own salary. These MFs like jim and Phil isnt gonna do that they want that $

Sonic188150d ago

Like I said earlier, this is happening all around the gaming industry.

Petebloodyonion50d ago

The point I feel is problematic about all of this is that focusing on Owned Ip means more sequels, remasters and more of what was selling last year.

TheColbertinator50d ago

EA is certainly among the worst,if not the worst

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