Comments on: How low?

By: TR

TR — Sat, 07 Mar 2009 03:12:05 +0000

Pie, pecan, commercial, 1/6 of 8″ pie, 113 gm
Sugar -36 gm
Fiber – 4 gm
Carbs – 64.6 gm
Protein – 4.5 gm
Fat – 20.9 gm
Food Total – 90 gm

kcal – 452
You’re left with dessert and no pie for a week, Bambi’s health plan!

By: Ken

Ken — Sat, 07 Mar 2009 02:33:32 +0000

nice try, you miss all the opportunities to shelter income that are no longer present. Only idiots actually paid those rates.

By: carl

carl — Sat, 07 Mar 2009 02:10:53 +0000

If your theory were right, we would have had no investment in 1951-1963 when top marginal income tax rate was 91% and max capital gains rate was 25%. Clearly, investment responds to many factors, not just tax rates, as people with money have to do something with it to earn a competitive return. 50% of a big income is much better than 100% of no income. Over the years since WW II, tax rates on various kinds of income have varied widely, but investment and income earning just kept happening anyway. One theory on taxes says to set some rate and leave it alone; then the system will adjust to it and find a profitable balance. But our system has just kept growing despite the ever changing tax structure. Whatever the tax rate, capitalism will find a way to succeed.

By: Allen Taylor

Allen Taylor — Fri, 06 Mar 2009 16:51:56 +0000

Nice writing. You are on my RSS reader now so I can read more from you down the road.

Allen Taylor