Over-Generous Taxpayers or Defective Calculators?

| 15 Jun 2007 | Posts | 96 views

The Income Revenue Board (IRB) in Malaysia has announced that they have in excess of RM4 billion of tax revenue that shall be returned to 380,000 taxpayers this year.

The way the tax system works here for wage earners is that IRB automatically takes an estimated cut of their salaries every payday until the end of the financial year. After some serious number crunching and nipping a little interest from the coffers, IRB calculates the actual difference. Depending on the calculations, a taxpayer may have to give the difference to the authority or receive a refund around this time of the year.

Now, applying the classic principle of 90/10, this is how much an average taxpayer is getting back this year:

(0.1 * RM4,000,000,000) / (0.9 * 380,000) = RM1169.59

What do you know… I’m getting even less than the average!

Something must be wrong with their calculations. Perhaps they need the extra revenue for more accurate floating point calculators? ;)

Check out these links for some good reading, especially the Wikipedia one which has more links.

Links:

Too Much – A First-Ever Look at Wealth in the World
<URL:http://www.cipa-apex.org/toomuch/articlenew2006/Dec7a.html>

Wikipedia – Income disparity
<URL:http://en.wikipedia.org/wiki/Income_disparity>

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Saving Energy Reduces Greenhouse Gas Output

| 29 May 2007 | Posts | 320 views

Global warming has been proven to be caused by human production of greenhouse gases, such as carbon dioxide. Coal-powered power generators are widely used, which contribute to these gases. If we were to reduce our reliance on such power supplies, we can change the amount of greenhouse gases that are spewed into the atmosphere.

GE Fluorescent Light BulbChanging incandescent light bulbs to more energy efficient alternatives help considerably. Incandescent light bulbs convert 90% of its electricity consumption to heat and last less than 1000 hours. Compact fluorescent (otherwise known as energy saving) light bulbs (CFL) uses chemical reaction of phosphor powder and mercury to produce light. CFLs are 90% energy efficient and last years. A 15 watt CFL luminance output is equivalent to a 60 watt incandescent light bulb, which translates to energy savings of US$30 over the lifetime of the bulb. Light emitting diodes (LED) lighting can last 10 years, are very durable and does not contain poisonous mercury. However, they are still quite expensive and are more suitable for focused lighting as opposed to diffused lighting.

It has been estimated that if there is a worldwide effort to move away from incandescent bulbs, 270 500-megawatt coal power plants can be shut down. The Natural Resources Defense Council of USA estimates that changing to CFLs would reduce greenhouse gases by 1 trillion pounds.

Philips Lighting CEO quoted reports that estimate that if more of Europe use energy efficient lighting, the annual running cost savings would be around 4.3 billion euros or 28 million tons of carbon dioxide reduced per year. This equates to 50 million barrels of oil per year. Using better lighting solutions would lead to less taxes payable for energy use, drive down the use of hazardous chemicals such as mercury.

Several countries and US states are proposing bans on incandescent light bulbs to make way for more energy efficient lighting.

ENERGY STAR logo

If you are unsure if you are using and buying energy efficient light bulbs (and other electrical and electronic products), look out for the ENERGY STAR logo and label. Products that bear this label have been qualified by the Department of Energy and the US Environmental Protection Agency.

Links:

TreeHugger – Ban the Bulb
<URL:http://www.treehugger.com/files/2007/05/ban_the_bulb.php>

CNET.com – FAQ Guide to indoor lighting
<URL:http://news.com.com/FAQ+Guide+to+indoor+lighting/2100-11392_3-6186790.html?part=rss&tag=2547-1_3-0-5&subj=news>

GE Consumer and Industrial Lighting – GE Lighting ENERGY STAR Program
<URL:http://www.gelighting.com/na/home_lighting/products/energy_star.htm>

Philips Sustainability
<URL:http://www.philips.com/about/sustainability/Index.html>

ENERGY STAR
<URL:http://www.energystar.gov/>

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Stop the Hunting of Seals in Canada!

| 18 Apr 2007 | Posts | 40 views

Can you imagine babies beaten to death by fellow humans? Can you hear their cries and tears when they are hit with sticks and sharp weapons? Can you see the blood splashed all over and forming scarlet trails on the ground?

If you find those thoughts disgusting, shameful and extremely immoral, this is happening right now northeast of Newfoundland, where sealers will kill 70 percent of the 270,000 seals the Canadian government is allowing this year. Commercial seal hunting involves many seal pups who were clubbed or shot. They were almost entirely covered with white fur, meaning they were just a couple of weeks old.

Seals are being hunted when it is the low season for to fish to Canadian seafood. Such seafood includes crabs and other shellfish.

When the buying stops, so will the killing. Show your support to stop the seal hunting by refusing to buy Canadian seafood. As a consumer, you have the power to influence the market demand for such products to save the innocent and precious wildlife that forms the beauty of this world.

Check out the link to sign your pledge to support the movement and promotion material. Save the beautiful seals from inhumanity.

Links:

Humane Society of the United States, The – Stop Canada’s Cruel Seal Hunt
<URL:http://www.hsus.org/protect_seals.html>

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