Tax Policy to Help Working People in Cities

Paul Caron:

This paper (pdf) examines ways that federal tax policy could improve the economic prospects of low- and middle-income working families in cities. We show how existing federal tax rules affect these families, and that a variety of public policies are available to provide better economic opportunities and incentives for these households. In particular, policies that expand and modify the child care and dependent care tax credit, the saver’s credit, and subsidies for health insurance, or that alter the structure of homeownership subsidies away from deductions and toward capped credits for homeownership, have the potential to improve economic prospects for millions of working families who live in urban areas. The significant link between federal tax policies and the welfare of households in cities is an area of growing awareness and increasing importance and should receive the attention of both urban leaders and federal policy makers in the future.

Seagate’s Full Disc Encryption

Bruce Schneier:

“Seagate has introduced a hard drive with full-disk encryption.

The 2.5-inch drive offers full encryption of all data directly on the drive through a software key that resides on a portion of the disk nobody but the user can access. Every piece of data that crosses the interface encrypted without any intervention by the user, said Brian Dexheimer, executive vice president for global sales and marketing at the Scotts Valley, Calif.-based company.

Milwaukee’s Mason Wells Venture Capital Activity

Kathleen Gallagher writes a positive article on Trevor D’Souza and Dan Broderick, Managing Directors of Mason Wells’ first venture capital fund, Biomedical Fund 1. MW has invested in two Madison firms: NameProtect and Opgen among other midwest startups.
VC’s certainly play a useful role in the business growth process. That role is not always decisive. Interestingly, many of them do NOT fund startups. They’d rather let someone else (angel investors) take that risk. Anyone interested in this area should read another perspective: internet entrepreneur Paul Graham’s essay: The Unified Theory of VC Suckage.

Orlando Drops Municipal WiFi – What’s the Story?

802.11b news:

Orlando shut down its expensively operated free Wi-Fi service, and Esme Vos asked why: A number of commenters had responses. I noted that for the area in question, $1,800 per month seems incredibly high. One commenter who lives there says that they couldn’t get on the network across a dozen attempts. Others point out the compromises in location and signal. Another suggests that Orlando is about to launch a larger-scale network….