![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
(no subject)
Jun. 18th, 2013 16:48Monday June 17, 2013 Planned out a political system.
Shopped at the Wedge Coop and Steeple People Thrift Store.
***From politicalwire.com:
In the mail: Christian Nation: A Novel by Frederic C. Rich.
"When President McCain dies and Sarah Palin becomes president, the reader, along with the nation, stumbles down a terrifyingly credible path toward theocracy, realizing too late that the Christian right meant precisely what it said."
http://tinyurl.com/m9ajltz
***From politicalwire.com:
Former Mitt Romney economic adviser Greg Mankiw has a new paper that tries to "defend the 1 percent" and the current state of income equality in the United States.
Writes Mankiw: "In the end, the left's arguments for increased redistribution are valid in principle but dubious in practice... If the current tax system were regressive, or if the incomes of the top 1 percent were much greater than their economic contributions, or if the rich enjoyed government services in excess of what they pay in taxes, then the case for increasing the top tax rate would indeed be strong. But there is no compelling reason to believe that any of these premises holds true."
http://tinyurl.com/modcw5k
My opinions: The current tax system is indeed regressive, taking into account all taxes.
I agree with Ayn Rand that some of the top one percent would have incomes greater than their economic contributions if they were making minimum wage.
The rich do get government services of greater value than what they pay in taxes.
***Telephone directories delivered. Issued April 2013, allegedly. Again this year, a bit thinner than last year.
Shopped at the Wedge Coop and Steeple People Thrift Store.
***From politicalwire.com:
In the mail: Christian Nation: A Novel by Frederic C. Rich.
"When President McCain dies and Sarah Palin becomes president, the reader, along with the nation, stumbles down a terrifyingly credible path toward theocracy, realizing too late that the Christian right meant precisely what it said."
http://tinyurl.com/m9ajltz
***From politicalwire.com:
Former Mitt Romney economic adviser Greg Mankiw has a new paper that tries to "defend the 1 percent" and the current state of income equality in the United States.
Writes Mankiw: "In the end, the left's arguments for increased redistribution are valid in principle but dubious in practice... If the current tax system were regressive, or if the incomes of the top 1 percent were much greater than their economic contributions, or if the rich enjoyed government services in excess of what they pay in taxes, then the case for increasing the top tax rate would indeed be strong. But there is no compelling reason to believe that any of these premises holds true."
http://tinyurl.com/modcw5k
My opinions: The current tax system is indeed regressive, taking into account all taxes.
I agree with Ayn Rand that some of the top one percent would have incomes greater than their economic contributions if they were making minimum wage.
The rich do get government services of greater value than what they pay in taxes.
***Telephone directories delivered. Issued April 2013, allegedly. Again this year, a bit thinner than last year.