tag:blogger.com,1999:blog-5836245.post113755839756755349..comments2023-11-02T07:44:14.413-05:00Comments on Progressive Advocacy: Wages are flat, and that's why most wage-earners should vote for Democratic candidatesDan Johnsonhttp://www.blogger.com/profile/07467295534995212259noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-5836245.post-1138390426912431082006-01-27T13:33:00.000-06:002006-01-27T13:33:00.000-06:00CF, taxing high incomes isn't 'take money from the...CF, taxing high incomes isn't 'take money from the rich' anymore than the payroll tax is 'take money from regular people'. It's just figuring out how to finance the things that are worth buying. And generally speaking, it makes the most sense to put that burden on the incomes that can afford it the most. There's always a cost to any tax, just like there's always a cost to not making a smart public investment. Your Ayn Rand talk of 'punishing the winners' is nonsense. We're financing projects that make us all better off (like universities that conduct research to generate fantastic products and services) and it's a pretty straightforward cost-benefit calculation as to who ought to pay the bill. Currently, people on the lower end pay more than they should. That's wrong as a matter of policy and a political opportunity for the Democratic Party to make the case for change.Dan Johnsonhttps://www.blogger.com/profile/07467295534995212259noreply@blogger.comtag:blogger.com,1999:blog-5836245.post-1138225052473068052006-01-25T15:37:00.000-06:002006-01-25T15:37:00.000-06:00In the beginning, I decided to join the campaign t...In the beginning, I decided to join the campaign to impeach your "smirking chimp", my "dum'ass botch". As evidence for that, you'll soon be invited to click on a hyperlink.<BR/><BR/>Before doing so, however, I would like you to read through the rest of this text. In case, you'd like to know, the hyperlink to your blog, specifically, "DJWinfro", is found at the third hyperlink on the list below ... ah, please remember, no clicking until AFTER reading the entire text.<BR/><BR/>Perusing your blog, I believe I arrived at what is a reasonable inference. That is, both you and your readers would welcome news that indicates the campaign to impeach the president is increasing in both vigor and breadth. Ah, you'll find that evidence by clicking on the second enclosed hyperlink.<BR/><BR/>As for my plan for capturing Osama, again I should like to ask to refrain from clicking on any enclosed hyperlink, until AFTER you've read the entirety of the text.<BR/><BR/>http://hewhoisknownassefton.blogspot.com/2006/01/osama-and-our-president-dumass-botch_20.html <BR/><BR/>The hyperlink just above this sentence leads to my game plan. If you've gotten this far on the first read, without clicking on any of the enclosed hyperlinks, congrats! <BR/><BR/>Whatever the case, remind or prepare, please keep in mind that it's a good bet that everything else to snag bin Ladin has already been tried. I think it's time we tried drawing on one of the few activities Americans do better than any other national group, music and pizza delivery being among those few activities.<BR/><BR/>http://hewhoisknownassefton.blogspot.com/2006/01/danger-senator-specter-danger.html <BR/><BR/>http://www.reachm.com/amstreet/states-writes.htm#IL<BR/><BR/>toodles<BR/>......\<BR/>.he who is known as sefton<BR/><BR/>oh, yes, surely, you've heard about the government "requesting" certain records about internet activity. oh, br'dah! ... cynical and skeptical lil'ole me, I'm smelling a rat in all that. Quite candidly, I have cause to suspect that more than compiling statistics on access to pornographic websites is involved. <BR/><BR/>oh, yeah, right after Hitler came to power, the German people were assured that, if they were innocent of untoward activity, they would have nothing to worry about ... yeah, right. <BR/><BR/>Incidentally, the second hyperlink leads to a piece that relates to governmental eavesdropping WITHOUT a warrant.he who is known as seftonhttps://www.blogger.com/profile/00318162414051332933noreply@blogger.comtag:blogger.com,1999:blog-5836245.post-1138211108704759352006-01-25T11:45:00.000-06:002006-01-25T11:45:00.000-06:00I don't think it is an honest argument to constant...I don't think it is an honest argument to constantly point out how taxing the rich leads to fewer jobs and more hardship for the poor. Sure taxing certain industires will put a drag on their growth and may even shrink the relavent market, but that is within the broader context of an underrgulated employment market. If you increased wages and decreased minimum hours requirements, such actions might offset the negative consequences for labor of a industry becoming less profitable by taxation. The costs would be born by the bottom line and shareholders/ownership, not workers, which would ultimately result in the redistributive efect such taxes were meant to have.<BR/><BR/>The same goes for the ex post regulation of private sector litigation. Plaintiffs lawyers are constantly blamed for rising insurance premiums. It is the insurance industry's #1 argument. However, passing costs along to consumers is not inevitable or necessary. We could easily require inurance companies not to pass along costs of being caught committing fraud to consumers, and require shareholders/ownership to bear such costs. But we don't.lazerlouhttps://www.blogger.com/profile/11764179345327895438noreply@blogger.comtag:blogger.com,1999:blog-5836245.post-1138067751661212662006-01-23T19:55:00.000-06:002006-01-23T19:55:00.000-06:00Well how about luxury taxes then, or how about giv...Well how about luxury taxes then, or how about givingthe estate tax its teeth back. Perhaps a tax on cash as opposed to capital gains? Lets not punish capital that is invested in growing companies. Let's concerntrate on wealth that is used to buy second homes, Louis Vuitton bags and Ferarris. Lets tax divorce, lets tax plastic surgury. Lets tax gasoline too.<BR/><BR/>Maybe even a sin tax of trans fat and booze?<BR/><BR/>Just put me in charge of taxes, I'll promise to find a way to tax the rich such that it doesnt hurt the poor indirectly.lazerlouhttps://www.blogger.com/profile/11764179345327895438noreply@blogger.comtag:blogger.com,1999:blog-5836245.post-1137975983088200372006-01-22T18:26:00.000-06:002006-01-22T18:26:00.000-06:00http://www.accf.org/publications/testimonies/test-...http://www.accf.org/publications/testimonies/test-impact-capital-march1997.html<BR/><BR/>I think you have to be careful on taxing capital gains. It may not be optimal to raise a capital gains tax to offset a decrease in payroll taxes. I've been meaning to read the Summers and DeLong paper mentioned in the URL above (Summers and DeLong worked for the Clinton administration - see excerpt from URL above pasted in the end of this comment). It might be more effective for government to work on taxes, regulations, or changes that improve coordination and alignment of incentives of various entities in the state. <BR/><BR/><BR/>Excerpt:<BR/>Studies by University of California Professor J. Bradford De Long and Deputy Secretary of the Treasury Lawrence H. Summers also conclude that investment in equipment is perhaps the single most important factor in economic growth and development. Their research provides strong evidence that, for a broad cross section of nations, every one percent of GDP invested in equipment is associated with an increase in the GDP growth rate itself of one-third of one percent, a very substantial social rate of return.Nathanhttps://www.blogger.com/profile/10767522044256814468noreply@blogger.comtag:blogger.com,1999:blog-5836245.post-1137960681326869292006-01-22T14:11:00.000-06:002006-01-22T14:11:00.000-06:00I'm assuming that if we agree to cut the payroll t...I'm assuming that if we agree to cut the payroll tax, we need to find some other source for the lost revenue, and the capital gains tax seems to be an efficient way to do it. I don't think that raising the tax on wealth will raise wages -- I'd just rather cut taxes on wages and instead tax wealth.Dan Johnsonhttps://www.blogger.com/profile/07467295534995212259noreply@blogger.comtag:blogger.com,1999:blog-5836245.post-1137872866296537222006-01-21T13:47:00.000-06:002006-01-21T13:47:00.000-06:00Perhaps related to wage trends:It would be interes...Perhaps related to wage trends:<BR/><BR/>It would be interesting to reconcile the bankruptcy rates in Illinois to the bankruptcy rates for the U.S.Nathanhttps://www.blogger.com/profile/10767522044256814468noreply@blogger.comtag:blogger.com,1999:blog-5836245.post-1137718075061462082006-01-19T18:47:00.000-06:002006-01-19T18:47:00.000-06:00Sorry for my dark post. I just have a hard time ac...Sorry for my dark post. I just have a hard time accepting how middle and working class Americans vote Republican. The unchecked inefficient but rapid economic growth of the west, fueled by American capitalism and Republican control will end in our own destruction I'm afraid, either environmentally or through the anger of the majority of the rest of the world that lives in poverty and who will continue to resent our exploitation of natural resources and the less fortunate.lazerlouhttps://www.blogger.com/profile/11764179345327895438noreply@blogger.comtag:blogger.com,1999:blog-5836245.post-1137653237134279472006-01-19T00:47:00.000-06:002006-01-19T00:47:00.000-06:00No, cause I would be the first to be beheaded. I'm...No, cause I would be the first to be beheaded. I'm just resigned to the fact that class society has found a way to persist, thrive even through the welfare state, and it has gotten to the point where many uneducated working class people vote based on religion and fear of others. It is a sad state of affairs tha only education can cure, but so long as those with poor educations keep voting for those who would keep them uneducated, then we will have no progress. <BR/><BR/>Freud, in Civilazation and its Discontents, famously noted the battle of the giants, eros and thanatos, is playing out in modern civilazation. I don't think Eros is winning in this battle and wouldnt be surprised if we see the end of modern civilazation in our time. Marx, while wrong about class dynamics within the western world, seems right on when you view the current struggle between the haves and have nots in this world through his lens. We might have too much destructive power to go around without enough social justice to prevent the end of the world through nuclear war.lazerlouhttps://www.blogger.com/profile/11764179345327895438noreply@blogger.comtag:blogger.com,1999:blog-5836245.post-1137605041494066712006-01-18T11:24:00.000-06:002006-01-18T11:24:00.000-06:00http://www.cato.org/dailys/2-20-98.htmlhttp://www....http://www.cato.org/dailys/2-20-98.html<BR/><BR/>http://www.ssa.gov/OACT/ProgData/taxRates.html<BR/><BR/>The payroll tax rate may be higher than what you post in your blog (I am not sure). It may depend what is considered in "payroll" taxes. Does medicare count?Nathanhttps://www.blogger.com/profile/10767522044256814468noreply@blogger.comtag:blogger.com,1999:blog-5836245.post-1137562409051815392006-01-17T23:33:00.000-06:002006-01-17T23:33:00.000-06:00I think what we've seen is the success of the welf...I think what we've seen is the success of the welfare state. Marx was oh so wrong because he never antcicpated the welfare state, which some would argue is the very means by which the prol have been kept docile and controllable anf or the most part in our country, at least in the last 60 years non-violent. At some point the standard of living for the working class person became good enough such that other issues could be manufatured that concern the working class person more than their wages. Give someone a 20-30K salary and a good dose of the opiate of the masses, along with a healthy injection of fear and paranoia, and they aren't voting for their own economc self interest anymore. They are voting based on religion and fear, and the strange overlap of the two. I think were all doomed Dan. I think the ruling class will destroy us all becasue the working class has been so easily satiated by the most minimal material well-being.lazerlouhttps://www.blogger.com/profile/11764179345327895438noreply@blogger.com