Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Top Links You Must Click On


Vinod Gupta, CEO of Everest LLC, Asserts that Obama Is Right -- the Rich Are Not Paying Their Fair Share of Taxes

LAS VEGAS, Nov. 14, 2012 /PRNewswire/ -- Vinod Gupta, CEO of Everest LLC, shares his thoughts on U.S. tax rates:

"I agree with President Obama that the rich just aren't paying their fair share. That is why we have a widening wealth gap. When I sold my business, I paid a tax rate of 15%. I felt guilty because my employees were paying a higher rate on their income than I did.

"Most of the wealthy people pay taxes on their investment income. If they make an investment and hold it even for a year, they only pay 15% taxes on that investment, a ridiculously low rate. Most of us invest money because we stand to make a profit on it. Tax consideration is not a major part of our investment decision.

"Therefore, investment income should be treated as ordinary income and we should pay the same rates on this money as we would our ordinary money. There should be no difference in the tax rate between ordinary income and so-called long-term investment income (one year is hardly long-term anyways). In that case, if the top tax rate is 30%, more income would be generated for the treasury and it would hardly impact our investment decisions. All of the private equity and hedge fund billionaires will pay 30% on their carried income, as well. Right now, they are practically getting away with murder by paying just 15% in taxes.

"In addition, the federal government needs to be cutting their spending. They could easily cut their spending by 10% across the board and reduce the budget deficit without making a dent in their services to the taxpayers. The federal government is bloated anyways.

"Let's not forget that during the Clinton presidency, taxes were raised, federal spending was restrained, and this country experienced the biggest economic growth in modern history. We even had a budget surplus, but wasted it all by giving tax cuts to the rich and participating in unnecessary wars during the Bush administration.

"I reaffirm my belief that President Obama is right that millionaires are just not paying their fair share of taxes. I don't believe in a flat tax. I also don't believe in class warfare by calling it a millionaire's tax, because after all, they work hard for their money. It's appropriate not to raise taxes on families earning less than $250,000 a year, but families earning more than this should pay a tax rate of at least 30%, no matter how they earn their money. This allows them to keep two out of every three dollars they earn."

Contact:

Vinod Gupta
9017 Greensboro Lane
Las Vegas, NV 89134
402.871.1000

This press release was issued through eReleases® Press Release Distribution. For more information, visit http://www.ereleases.com.

SOURCE Vinod Gupta

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Enterprise Open Source Magazine Latest Stories . . .
"Our premise is Docker is not enough. That's not a bad thing - we actually love Docker. At ActiveState all our products are based on open source technology and Docker is an up-and-coming piece of open source technology," explained Bart Copeland, President & CEO of ActiveState Software,...
The Log Shipper Poll results are in! We run Logsene here at Sematext, so we wanted to know what people like to use to ship their logs. Before we share the results, a few words about the poll: We published it here on our blog on September 22, 2014 We automatically tweeted it and p...
AppDynamics role with Cloud Foundry is two-fold. First, as a member of the foundation, we’ll offer our unparalleled performance monitoring and cloud experience to help define the standards for the initiative, dedicating resources and contributing code in the true open-source spirit. Se...
Apache Spark is an open-source, large-scale data processing engine built on top of the Hadoop Distributed File System (HDFS) and enables applications in Hadoop clusters to run up to 100x faster in memory, and 10x faster even when running on disk.  So it’s not surprising the usage of Sp...

I once said on stage at Glue that the reason I loved node.js was, quite frankly, that it's a language and with a programming language you can do, well, anything.

But like most things just because you can, doesn't always mean you

OSCON – O'Reilly Open Source Convention – taking place July 20–24, 2015, in Portland, Oregon, is where all of the pieces come together: developers, innovators, businesspeople, and investors. In the early days, this trailblazing O'Reilly event was focused on changing mainstream business...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE