Tuesday, April 17, 2012
Political calculations has this interesting tool, wherein you can simulate your own flat tax. I managed to invoke collections of 6.2% of GDP using a 15% rate. Progressivity is maintained by a flat tax credit to every one. If only Wash DC wanted a simple, transparent system like this instead of the 72,000 pages of crap that is the IRS code today!
Tuesday, April 3, 2012
In response to a status update of mine on Apple going to $1000 per share which reads:
OTOH, if Obama ran Apple, it would have been a trillion dollars in debt. And would have wanted to borrow more money to eliminate the debt. Plus, we would have to buy the IPad to actually know that it sucked...one enlightened soul commented:
...but maybe the people producing them would't need nets outside of the factories to prevent workers from suicide...maybe they'd have a right to form union... maybe the workers wouldn't have to work 20 hour shifts on normal basis, and more than 30 hour shifts when business is good... If Obama ran Apple, maybe Apple would appear to possess human dignity....and
Well, I'm talking about how 'success' is measured as in what the bottom line says. Frankly, the bottom line is determining how we do everything in this world. Personally, I don't think it should. Maybe I don't know as much as you about economics, but I do know that there are plenty of economics out there who don't share your opinons.A perfect case against educational subsidies for studying the arts.