Yet another weird SF fan


I'm a mathematician, a libertarian, and a science-fiction fan. Common sense? What's that?

Go to first entry


 

Archives

<< current
 
E-mail address:
jhertzli AT ix DOT netcom DOT com


My Earthlink/Netcom Site

My Tweets

My other blogs
Small Sample Watch
XBM Graphics


The Former Four Horsemen of the Ablogalypse:
Someone who used to be sane (formerly War)
Someone who used to be serious (formerly Plague)
Rally 'round the President (formerly Famine)
Dr. Yes (formerly Death)

Interesting weblogs:
Back Off Government!
Bad Science
Blogblivion
Boing Boing
Debunkers Discussion Forum
Deep Space Bombardment
Depleted Cranium
Dr. Boli’s Celebrated Magazine.
EconLog
Foreign Dispatches
Good Math, Bad Math
Greenie Watch
The Hand Of Munger
Howard Lovy's NanoBot
Hyscience
Liberty's Torch
The Long View
My sister's blog
Neo Warmonger
Next Big Future
Out of Step Jew
Overcoming Bias
The Passing Parade
Peter Watts Newscrawl
Physics Geek
Pictures of Math
Poor Medical Student
Prolifeguy's take
The Raving Theist
RealityCarnival
Respectful Insolence
Sedenion
Seriously Science
Shtetl-Optimized
Slate Star Codex
The Speculist
The Technoptimist
TJIC
Tools of Renewal
XBM Graphics
Zoe Brain

Other interesting web sites:
Aspies For Freedom
Crank Dot Net
Day By Day
Dihydrogen Monoxide - DHMO Homepage
Fourmilab
Jewish Pro-Life Foundation
Libertarians for Life
The Mad Revisionist
Piled Higher and Deeper
Science, Pseudoscience, and Irrationalism
Sustainability of Human Progress


























Yet another weird SF fan
 

Saturday, March 07, 2009

A Straw-Man Argument?

I find it hard to believe that the mistake discussed here and here and reported here could be that common:

A 63-year-old attorney based in Lafayette, La., who asked not to be named, told ABCNews.com that she plans to cut back on her business to get her annual income under the quarter million mark should the Obama tax plan be passed by Congress and become law.

"We are going to try to figure out how to make our income $249,999.00," she said.

"We have to find a way out where we can make just what we need to just under the line so we can benefit from Obama's tax plan," she added. "Why kill yourself working if you're going to give it all away to people who aren't working as hard?"

For one thing, I suspect most people able to make such a mistake (believing that the money retained under most progressive tax plans goes down in some brackets) don't have a high enough income for that to matter. (On the other hand, there's Chet.)

What is likely to happen is that people with incomes over $250,000 might not try increasing their nominal incomes. At the highest levels, they might take the extra income in the form of expense accounts. (We can expect a revival of the three-martini lunch.) At slightly-lower levels, they might substitute extra leisure for added income. (We might see a revival of upper-middle-class people mowing their own lawns.) It wasn't a coincidence that elaborate expense accounts and an absence of hired help were common in the confiscatory-tax era but not before or since.

0 Comments:

Post a Comment

<< Home

 
Profiles
My Blogger Profile
eXTReMe Tracker X-treme Tracker

Site Meter
The Atom Feed This page is powered by Blogger.