Email address obfuscation in effect -- please
click here to turn it off.
[
Date Prev][
Date Next][
Thread Prev][
Thread Next][
Date Index][
Thread Index]
It must be nice to have your opinions fed to you and be able to dismiss
a book out of hand entirely unread.
And yes... many many people I know have suggested this book. They've
actually read it. It's intriguing even if the numbers will be slightly
different.
I am going to play your angle and dismiss Jon's article out of hand
based on your review of it. 40% is downright ludicrous.
Further, just like Boortz I'm sure this guy has his own agenda and seeks
to make a name for himself... don't we all? I'd like to know where he
stands on other issues before I just take his academics as credentials.
Too often I bump into college professors who actually buy into their own
psuedointellectual nonsense and believe they've got a clue about the
real world. Most of these people exist in a bubble where the delude
themselves into thinking that they're the intellectual elites and that
they have an understanding of things that mere-mortals (those who live
in the real world) could not possibly grasp. I hate to use such a rude
phrase, but it really is a circle jerk.
I can't tell you how much the fact that it's published in a failing
ultra-lib newspaper recommends it to me.
Btw.. I listen to Boortz regularly and a lot of what he says makes a lot
of sense O'Reilly thinks he's got his finger on "no-spin", but Boortz
has his finger on No-BS. Most people either love him or hate him, but
they keep listening either way. I myself hate and love topically\
I expect you'll also dismiss him out of hand w/o having ever listened to
a single half-hour of his broadcast. It's much easier that way.
Mike Miller wrote:
On Thu, 4 Jan 2007, Christian M. Cepel wrote:
Just a general reply to your mention of cars and homes, but reality
is of the kind outlined in the fair-tax book, than none of those
prices would increase at all. There's reasons why it pretty much
balances out... It is also suggested that we will see a boom in US
production and a much better and more stable economy.
Well, if everything will be better and nothing will be worse, then of
course we should do it. It sounds more like a sales talk than an
informative book.
I've read the book and don't recall seeing 40% anywhere.
Right. That's because they are selling a plan. It's a beautiful and
perfect plan that will solve all of our problems for only 23%. The
40% was found in the critical review in the NY Times sent by Jon King:
http://www.nytimes.com/2005/11/13/books/review/13slemrod.html?ei=5088&en=adb65ce66e79b77f&ex=1289538000&partner=rssnyt&emc=rss&pagewanted=print
In order to fully replace all federal taxes, the sales tax would
probably have to be at least 40 percent - possibly even more than
twice
the 23 percent rate the authors claim, and certainly far higher than
anything ever levied by any country.
And:
For a book that claims in its introduction to be "about honesty," this
statement falls far short. No reputable economist of any political
stripe would support it. The honest truth is that replacing the
current
tax system with any system that raises the same amount of revenue (as
Boortz and Linder claim their plan does) may make us better off, but
only by redirecting our resources away from dealing with complex
filing
requirements and improving our incentives to work, save and innovate -
not by creating the kind of free-lunch miracle suggested here.
The author of that review (Joel Slemrod) is a professor of economics
at the University of Michigan. I prefer to believe what he says
rather than read the Boortz/Linder book because I have the impression
that they are full of crap.
I have to wonder why anyone would read their book. Did someone tell
you that you should read it? Tax law and its effects aren't the sorts
of things any of us (on this list) can readily evaluate given the
complexity of the problems. You really have to be a pretty
highly-trained economist to have a clue. It is wise to always be
skeptical. I prefer to read several expert opinions than to read the
sales brochure.
Mike
_______________________________________________
discussion mailing list
EMAIL:PROTECTED
http://mlug.missouri.edu/mailman/listinfo/discussion
--
Christian M. Cepel - Thistledowne Productions - http://thistledowne.org
Computer Support Specialist, Sr. - University of Missouri - Columbia
College of Education - School of Info Science & Learning Technologies
VRCbd, KidTools & StrategyTools Support Systems Projects, and Truman,
Library Whistlestop Project - Web Design & Programming - 573.999.2370
_______________________________________________
discussion mailing list
EMAIL:PROTECTED
http://mlug.missouri.edu/mailman/listinfo/discussion