August 03, 2005

Links With Your Eye Boogers; Wednesday

from - smijer

  • Very nice discussion about intelligent design prompted by Bush's latest comments on the matter. Love him or hate him as President, you don't want him on your local school board. Links:

    10,000 Monkeys and a Camera

    Pharyngula has a mega-roundup.

    John Cole is outraged.

  • Another Face of Terror

  • Neal Boortz is promoting a new book on the "fair tax". Hippy Dave makes a good start toward an argument against a "fair" national sales tax. Here is what a tax that is fair might look like, at least in Tennessee.

  • For now, at least, smijer's Podcasts have arrived. HTML Index, or RSS 2.0 feed. Enjoy... Or tell me to shut up. Either way.

More later, if time permits.

::

Posted by smijer at August 3, 2005 08:01 AM
Comments

smijer,

I think if you take a look at Boortz News from today you'll see he addresses most if not all of the points made by Hippy Dave. In fact Hippy Dave might have benn the poster on Amazon.

I'm not sure if a national sales tax is the way to go or not. I am sure that the current approach to taxation is due for a change. Issues include:
- to much complexity to simply figure out what you owe
- regressive tax structure. Income tax is not regressive but Social security and medicare taxes are.
- automatic withholding is bad. Automatic withholding totally distorts how much people earn. When you combine the cost of Social Security matching with the amount the governments remove from your pay, there is no relationship between what the company pays you and what you make. I love hearing from people that pay thousands in taxes will get all excited about getting a tax refund.
- there is no serious incentive for saving. The cost of capital in the United States is way to high because the incentives to save are relatively limited. Ooo the bank is paying .75% interest. Moving taxation from earnings to consumption encourages saving.
- the corporate tax structure is one of the things that makes the United States uncompetitive.

m

univar.jpg Posted by m on August 3, 2005 09:24 PM
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m - I gotta front page this... I won't get into trying to debate Dave's points (and I'm pretty sure he wasn't the Amazon reviewer, by the way). I've talked about the "fair tax" a time or two before, myself (here and here).

Also, there is ample reason never to believe a word that come out of Neal Boortz' mouth. He's an ideologue of the first degree, and facts are subordinate to ideology with him. I've documented numerous falsehoods from him on this web-site, and left many more undocumented. Any way, the reviewer has a new review up on Amazon, and I smell a big cat-fight... so I've got to get my front row seat.

univar.jpg Posted by smijer on August 4, 2005 06:51 AM
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