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Daily Archives: July 2, 2024

The Secret IRS Files – Inside the Tax Records of the .001%

ProPublica: “In 2007, Jeff Bezos, then a multibillionaire and now the world’s richest man, did not pay a penny in federal income taxes. He achieved the feat again in 2011. In 2018, Tesla founder Elon Musk, the second-richest person in the world, also paid no federal income taxes. Michael Bloomberg managed to do the same in recent years. Billionaire investor Carl Icahn did it twice. George Soros paid no federal income tax three years in a row. ProPublica has obtained a vast trove of Internal Revenue Service data on the tax returns of thousands of the nation’s wealthiest people, covering more than 15 years. The data provides an unprecedented look inside the financial lives of America’s titans, including Warren Buffett, Bill Gates, Rupert Murdoch and Mark Zuckerberg. It shows not just their income and taxes, but also their investments, stock trades, gambling winnings and even the results of audits. Taken together, it demolishes the cornerstone myth of the American tax system: that everyone pays their fair share and the richest Americans pay the most. The IRS records show that the wealthiest can — perfectly legally — pay income taxes that are only a tiny fraction of the hundreds of millions, if not billions, their fortunes grow each year. Many Americans live paycheck to paycheck, amassing little wealth and paying the federal government a percentage of their income that rises if they earn more. In recent years, the median American household earned about $70,000 annually and paid 14% in federal taxes. The highest income tax rate, 37%, kicked in this year, for couples, on earnings above $628,300. The confidential tax records obtained by ProPublica show that the ultrarich effectively sidestep this system…”

Search everywhere optimization: 7 platforms SEOs need to optimize for beyond Google

Search Engine Land: “It’s “search everywhere optimization.” This means that, as organic search strategists, we must take more ownership to optimize beyond Google. Search is more fractured than ever, so people turn to places beyond Google to find what they need. My agency has access to a wealth of proprietary and client data and we’re… Continue Reading

AI trains on kids’ photos even when parents use strict privacy settings

Ars Technica: “Human Rights Watch (HRW) continues to reveal how photos of real children casually posted online years ago are being used to train AI models powering image generators—even when platforms prohibit scraping and families use strict privacy settings. Last month, HRW researcher Hye Jung Han found 170 photos of Brazilian kids that were linked… Continue Reading

The End of Libraries as We Know Them? with Brewster Kahle and Kyle Courtney

The End of Libraries as We Know Them? with Brewster Kahle and Kyle Courtney Why Is This Happening? The Chris Hayes Podcast– Could the future of libraries as we’ve known them be completely different? Our guests this week say so. Megapublishers are suing the Internet Archive, perhaps best known for its Wayback Machine, to redefine… Continue Reading

Cybersecurity Resources for 9-1-1 Centers

“This document describes several CISA resources available to public safety communications organizations to help enhance their cybersecurity posture and resilience. Public safety communications entities, such as Emergency Communications Centers (ECCs), Public Safety Communications Centers (PSCCs), and Public Safety Answering Points (PSAPs), are a highly visible and important part of Emergency Services Sector communications, and therefore… Continue Reading