Received: by 10.204.156.199 with SMTP id y7mr942960bkw.7.1336163174456;
        Fri, 04 May 2012 13:26:14 -0700 (PDT)
Path: h15ni199006bkw.0!nntp.google.com!news2.google.com!Xl.tags.giganews.com!border1.nntp.dca.giganews.com!nntp.giganews.com!local2.nntp.dca.giganews.com!nntp.supernews.com!news.supernews.com.POSTED!not-for-mail
NNTP-Posting-Date: Fri, 04 May 2012 15:26:13 -0500
Date: Fri, 04 May 2012 16:26:18 -0400
From: Wilson <Wil...@nowhere.net>
User-Agent: Mozilla/5.0 (Windows; U; Windows NT 6.1; en-US; rv:1.9.2.28) Gecko/20120306 Thunderbird/3.1.20
MIME-Version: 1.0
Newsgroups: alt.buddha.short.fat.guy
Subject: Re: Bernanke Assimilated by the Borg
References: <jnnn1s$b67$1@dont-email.me> <jno7tk023as@news4.newsguy.com> <jnop2t$dbo$1@dont-email.me> <wsqdndmgg4Beiz3SnZ2dnUVZ_s6dnZ2d@supernews.com> <4fa0a049$0$1230$5b6aafb4@news.zen.co.uk> <9L-dnZoGve88vDzSnZ2dnUVZ_qadnZ2d@supernews.com> <4fa1eb03$0$12271$5b6aafb4@news.zen.co.uk> <3_-dna1GW6oadz_SnZ2dnUVZ_swAAAAA@supernews.com> <jnvqvv$i3$4@dont-email.me> <Ld2dnVziNezxmTnSnZ2dnUVZ_tqdnZ2d@supernews.com> <jo13hm$a8r$1@dont-email.me>
In-Reply-To: <jo13hm$a8r$1@dont-email.me>
Message-ID: <H72dnfAG0dH4pjnSnZ2dnUVZ_s6dnZ2d@supernews.com>
Lines: 26
X-Trace: sv3-tqwRgy0EJAsub81O+rFtERSEch3Mw9RblFOP5XCK9DdD092oJOrIFleoPBu4LWcmL3mZ5JbPKfmFpwL!qJ4oRvJmkWhF/jVs2zG89ifVzqsW9Jx3Ok4QyehRxZwU6Dcwq6o9SEZKLGgapqwJjF0mltfiAsFp!Wqnl/6sJyQ==
X-Complaints-To: www.supernews.com/docs/abuse.html
X-DMCA-Complaints-To: www.supernews.com/docs/dmca.html
X-Abuse-and-DMCA-Info: Please be sure to forward a copy of ALL headers
X-Abuse-and-DMCA-Info: Otherwise we will be unable to process your complaint properly
X-Postfilter: 1.3.40
X-Original-Bytes: 2571
Content-Type: text/plain; charset=windows-1252; format=flowed
Content-Transfer-Encoding: 8bit

On 5/4/2012 1:27 PM, Jigme Dorje wrote:
> On 5/4/2012 12:31 PM, Wilson wrote:
>> On 5/4/2012 1:55 AM, Jigme Dorje wrote:
>>>
>>> http://www.nytimes.com/2012/04/17/business/for-economists-saez-and-piketty-the-buffett-rule-is-just-a-start.html?_r=1
>>>
>>> The bad news: we're fucked:
>>>
>>> Mr. Saez added, “Absent drastic policy changes, I doubt that income
>>> inequality will decline on its own.”
>>
>> I read that the top tax rate in the old days was hardly ever actually
>> paid. The rich changed theirs into non-taxable perks, like health
>> insurance. Or they simply stopped working when they got to a certain
>> income level. The second was widely practiced in Hollywood.
>>
>> I'm not sure if either practice is beneficial, although it might make
>> "fairness" focused folks feel better about things.
>
> The data on actual tax collections disproves and put to rest the myth
> that lower corporate taxes spurs economic growth.

I'd like to take a look at that data.

-- 
Wilson