Sigh… how could anyone make a living by killing pension plans? I mean, really.
An off-hand statement in the editorial of The Australian today went like this:
Even after the threshold changes in the May budget, the top 5 per cent of taxpayers are going to be paying a quarter of Australia’s net income tax
(Look in the section about Peter Costello)
Continue reading “More on income diversity”
To quote the New York Times
This week’s census report showed that income inequality was near all-time highs in 2004, with 50.1 percent of income going to the top 20 percent of households. And additional census data obtained by the Economic Policy Institute show that only the top 5 percent of households experienced real income gains in 2004. Incomes for the other 95 percent of households were flat or falling.
This has been said before, I know, but it’s worth re-iterating: a test should test one thing, and one thing only.
First, some scope definition. Using Kent Beck’s terminology, I’m talking about developer tests, not acceptance tests. Also, by one thing, I mean that there should be only one thing that breaks the test (which is very different from saying any failure should only break one test…). In addition, the one thing that breaks should provide diagnostic information – a test failure shouldn’t leave you scratching your head to determine the immediate cause
Fujitsu is going to roll out trolleys with scanners so that shoppers can avoid the checkout queue. Naturally, this assumes a degree of honesty on the part of the shoppers. What’s amusing about this is how they plan to “trust, but verify”.
Well, this entry started as a quick blurb to highlight an article on my boss here at Wotif.com in the Australian Financial Review But that’s not what it’s ended up as. 🙂
Continue reading “Some businesses just don’t get it”