#1   The top 1 percent of all income earners already pay 39.5 percent of all federal income taxes.

#2   When you take all forms of federal taxation into account, the top 1 percent of all income earners pay 28.1 percent of all federal taxes.

#3   The top 20 percent of all income earners in the United States pay approximately 86 percent of all federal income taxes.

#4   One recent poll found that 64 percent of Americans are in favor of raising taxes on those that make $250,000 or more a year in order to help balance the federal budget deficit. Another recent poll found that 72 percent of Americans favor raising taxes on those making $250,000 or more a year.

#5   Approximately 45 percent of all U.S. households pay absolutely no income taxes at all.

#6   Overall, U.S. households are now receiving more income from the U.S. government than they are paying to the government in taxes. This is clearly not anywhere close to sustainable.

#7   During 2010, the U.S. government paid out a combined $2.3 trillion in unemployment benefits, Social Security benefits, disability insurance, Medicare benefits, Medicaid benefits, benefits for veterans, education assistance and other direct transfers of cash from the government to individual citizens.

#8   59 percent of all Americans now receive a government payout of one form or another.

#9   The ultra-wealthy keep much of their wealth outside of the United States so that the government cannot tax it. It has been estimated that a third of all the wealth in the world is held in “offshore” banks.

#10   Thanks to new corporate tax cuts in Japan, the United States now has the highest corporate tax rate in the developed world.

#11   Large corporations have become masters at avoiding taxes. Back in the 1950s, corporate taxes accounted for about 30 percent of all federal revenue, but in 2009 corporate taxes accounted for just 6.6 percent.

#12   General Electric has been a great friend to the Obama administration. According to the New York Times, General Electric made a total of 14.2 billion dollars in profits last year. So how much did they pay in taxes to the U.S. Treasury? According to the New York Times, not one penny was paid.

#13   Even though Boeing receives billions in federal subsidies every year and even though it has a bunch of juicy government contracts it did not pay a single penny in federal corporate income taxes from 2008 to 2010.

#14   Exxon-Mobil paid $15 billion in taxes in 2009, but not a single penny went to the U.S. government. Meanwhile, their CEO brought in over 29 million dollars in total compensation that year.

However…I think my question was should we worry about taxes? The answer is no. Worrying never helped anything. Instead try to understand better how you can impact future change. Educate your children, or other children if you do not have any, on how taxation affects us and make them better educated voters.

Also, know what you should or should be paying for in taxes (as well as, not paying for).  Look at your local candidates, as well as, your state and national government leaders taxation platforms, and make better voting decisions in the years to come.

And when it comes to watching you own personal or business wealth remember…

taxation reduction, cost reduction, lower telecom costs, billing optimization

Obviously Michael’s rare and valuable phones would make him money if he decided to sell them. However, most of us our not lucky enough to make money off our phones. Most companies, in fact, spend way more than they need to to have a telephone line. The average line costs companies $56 per month (that does not even include long distance).

If a company had 1,000 phone lines their cost per month would be about $56,000. The yearly total adds up to a stunning $672,000 a year (and that is just to talk to your customers!). Limitless Technology Cost Reduction Specialists often reduce companies telecom spend by 25%. That means you would 14,000 dollars, a $168,000 yearly savings!

Think about what your company could do with $168,000? Would you start a new ad campaign? Maybe you would hire a few more employees? Or just maybe you would buy your top 168 employees an antique Superman telephone.

Limitless Technology can provide you with these savings, call us at (866) 504 4050 or email us at www.limitlesstechnology.com for more information.

Summary: This may end up being cheaper, flexible IT, but it won’t work for every business – let’s see why???

Here’s some reasons why:

1. It most likely won’t reduce your costs

IT directors worry that BYOD will cause IT costs to “become uncontrollable”,  because companies will lose the ability to cut expenses through bulk buying and national discounts, they can end up paying more for call and data plans, especially if employees can claim these as expenses.

2. Employess hate paying for business “stuff”

BYOD is attractive for employers because they can use it as a way to get staff to pay for the tools they need to do their jobs.

3. It makes it harder for the IT

Allowing employees use their own devices could rapidly turn into a headache. Becasue these deveices will be utilized to touch “company data” IT will be the first point of resolve in MANY cases.

Add to this new security measures to cope with the influx of consumer devices is another large costs which could incude:

• mobile data protection,
•  network access control and mobile device management,
• costs of configuring access privileges on an individual device basis.

4. Corporate issues – Lack of Uniformity

Allowing BYOD can inadvertently create an uneven playing field between employees. based on compensation one worker may be able to spend more money on a high-end device so they can get their work done quicker, this may lead to resentment – as  as other workers scramble to catch up.

If employees find themselves having to spend more of their own moneyto keep up with their colleagues – that’s could be afor morale (even if productivity rockets) detroyer.

5. Security problems

Security is one of the biggest issues with BYOD because allowing consumer devices onto corporate networks brings significant risks – unless managed correctly. And even bigger risks for employees who are dealing with sensitive personal or business info.

Strict and enforceable guidelines for employees, and that means staff have to be vigilant about security, whether they  are using their device for work or personal.

Because the IT has less control over the personal devices used by employees,  individuals will have to ensure their devices are patched, encrypted, and have up-to-date antivirus software running.

6. Data loss – BIG RISK

The risk that sensitive data could be placed on employees devices, and lost can be SIGNIFICANT. While there is plenty of mobile-device management software that can reduce the risk, employees may be reluctant to grant IT access and oversight to what is their own device (personla reasons). CIO’s and CTO’s must be careful to protect corporate data (by doing a remote wipe when someone leaves the organization) without running the risk of compromising the individual’s data too (by wiping all their personal photos at the same time).

7. Short-term gain with a possible long-term pain

The upside  is going out and getting a shiny new device to display too thers in the office. And it’s even better if a corporate BYOD policy means it’s subsidised, too, which is why BYOD has been so attractive to employees.

But in day-to-day life it may be different. The problem is…once staff have spent the money, they’re on their own, and IT – and the boss – won’t be pleased if their work performance suffers because they’ve chosen bad tools OR SOFTWARE INCOMPATIBILITIES.

8. It’s a licensing – and legal – DISASTER WATING TO HAPPEN

Switching to BYOD means you have to keep an eye on licensing too. Companies need to make sure enough licences are available, which can eat into expense control.

Under some licences, the software can only be installed on devices owned by the business, which is another complication. Some other legal issuesis it remain’s “cloudy” for who would be liable if a device used both in work and at home was also used for illegal downloading.

9. Consumer devices will hurt productivity!!!

There’s a reason why business devices are boring – they’re for business, not pleasure. Your decison may encourage employees to bring devices that are more suited to watching videos, playing games and keeping up to date with their digital social lives, if so…they will do exactly that!.

Take a minute or 10,000 to reaaly thinnk about what is best for productivity and efficiency before making a poor choice which will impact the company profits.