Will The Government Now Fine Itself For Leaking Credit Card Data?
from the just-wondering dept
So, if the government is out fining those, like ChoicePoint, who leak data to criminals, what do they do when they're the ones doing the leaking. While it's not the federal government, it turns out that the website for the state government in Rhode Island allowed thousands of credit card numbers to be stolen -- many of which appear to have ended up in the hands of Russian hackers. The article notes that there was a private company that was running the site -- so it's likely they'll face any of the blame. However, it still looks pretty bad when you can't even trust the government with your credit card info.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
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Does it matter
Not that I don't understand the sarcasm of your comments, but it's just utterly unfair the government can't be held accountable when it messes up. At most, few people give their resignation and that's it.
And the crap resumes.
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Re: Does it matter
Git off yer arse and do something other than bitch about it.
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No Subject Given
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Just as I was mentioning to the people on the floo
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Re: Does it matter
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No Subject Given
Either way, it's the government, and even more so, an outsourced company. Nothing will be done.
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Re: Does it matter
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Re: No Subject Given
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Wrench
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no
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This is Why we are Vehemently Opposed to Data Mini
Russell Cole
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Re: Wrench
When my employer "gives" me an expense paid vacation, I get taxed on the value at the ned of the year.
Remember, cherish the things you get for free. They're worth every penny that you paid for them.
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This is Why we are Vehemently Opposed to Data Mini
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Re: This is Why we are Vehemently Opposed to Data
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YES THEY PAY!
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Re: Wrench
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Re: Wrench
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Re: Wrench
Illegal to barter? not doubting you but how, why?
If I trade you a six pack of Budweiser for your six pack of Miller Lite, I do not think there has been any income created for either party, nor any crime.
If I trade you my three motorcycles for your boat, by the fact we traded it follows there has been an equal exchange of value - there was no income - there was no gain, and I would propose there was no income.
OTOH if I give you 500 hours of labor to you for your boat, then clearly the boat is income for my labor.
[It was a million years since I studied such things (taxes) though, so remind me of the guvmnt logic I am suppressing from my memory...]
From Wikipedia:
Other courts have noted this distinction in upholding the taxation not only of wages, but also of personal gain derived from other sources - but there are limitations to the reach of income taxation. For example, in Conner v. United States, 303 F. Supp. 1187 (S.D. Tex. 1969), aff’d in part and rev’d in part, 439 F.2d 974 (5th Cir. 1971), a couple had lost their home to a fire, and had received compensation for their loss from the insurance company, partly in the form of hotel costs reimbursed. The court acknowledged the authority of the IRS to assess taxes on all forms of payment, but did not permit taxation on the compensation provided by the insurance company, because unlike a wage or a sale of goods at a profit, this was not a gain. As the Court noted, "Congress has taxed income, not compensation".
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Re: Wrench
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Re: Does it matter
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No Subject Given
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Re: Does it matter
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Re: barter is illegal in the US.
Barter has been taxable since 1982, when trade exchanges were recognized and codified by the U.S. Internal Revenue Service. Form(s) 1099b (barter) and 1099i (interest) are used for income tax purposes to report the market value of trade exchanges for the year. - Digital Times
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