POLITICAL: Eliminate the corporate income tax

Sunday, February 22, 2009

http://www.reason.com/news/show/131556.html  

Economic Change We Can Believe In
To improve the economy, eliminate the corporate income tax
Jeffrey A. Miron | February 6, 2009

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President Barack Obama’s stimulus proposal entails an awkward tradeoff between spending and efficiency. Fiscal stimulation suggests large, rapid increases in spending, while efficiency means cautious, modest increases. Similarly, Obama’s plan favors tax cuts for low-income families, since they are most likely to spend rather than save, yet the drive for efficiency means cutting marginal tax rates on high-income consumers.

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One policy change, however, can stimulate both the economy in the short-run and enhance efficiency in the long-run: repeal of the corporate income tax, which collects up to 35% of the difference between revenues and costs of incorporated businesses.

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Corporate income taxation has other negatives. It requires a complicated set of rules and regulations, over and above the personal income tax system, generating compliance costs. Special interests ensure that corporate tax systems favor specific industries or activities, further distorting private investment decisions. Along those lines, corporation taxation reduces financial transparency, making it harder for investors to monitor corporate behavior.

So repeal of the corporate income tax is good policy independent of the state of the economy and would provide short-run stimulus.

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Corporations don’t pay taxes; they hide them in the final price of goods sold!

Only people pay taxes!

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WRITING: Need to redo my book; splitting into two

Sunday, February 22, 2009

Readers here know some of this already. But let me recap.

I’ve used Lulu, a Print On Demand vendor, that will allow any book to be ordered on Amazon and such. The upfront cost is zero. Which, of course, why I liked it. Lulu offers an e-book option. The printed copy will be ~$40+ and the download is 5$.

In a prior effort, for example, I printed 35 copies of my blog book last year. It was a book of all my blog posts for a year.

(It was a vanity effort. I gave the first copy to my Mom for mother’s day. She was tickled. I sent friends copies. I’m told it made a great doorstop! LOL!!)

(One friend gave his two kids each a copy in lieu of a Christmas present. He had me write a personal note and sign it as a “first edition” of a future famous writer. He tells me that you had to see their expressions. He later relented and gave “real presents”. He goes into spasms of laughter every time we talk about it.)

In my spare time, I wrote a novel: “It Started In Church – October 19, 1962”. 700 pages; just under a half million words. An hour a day every morning for a year. It’s an alternative future history of what I might have been, if the Cuban Missle Crisis had ended differently. Khrushchev pushes the button, bad things happen, and, children practiced, I and my classmates wind up in a shelter. And, stuff happens from there. All that illustrates how we have “low expectations” for children. Yeah, I know corney. It’s a story I have had in my head for 50 years. Better late than never. I wrote the novel more as a goof, but I got tremendous feedback on the Frugal Squirrels web site. The more I got into it, the more it took on a life of its own. I’m very pleased with it. Now, it’s my opus.

“It Started In Church – October 19th, 1962”, or more simply “CHURCH 10●19●62” will have a link through http://www.itstartedinchurch.com/ into Lulu.

The novel on Lulu is about 600+ pages which has to cost more than $40.

That wouldn’t be SOOOO bad, BUT, (there is always a big butt), the print is too small.

I printed it at Kinkos for 50 bucks, and the result was very readable. Two iterations thru Lulu are much smaller. The first iteration was very light and barely readable. (Right Wacki?) The second iteration was better but, based on feedback from our “Rutgers Basketball Game” friends, it’s STILL too light and small. So Lulu is a little cheaper, produces a better “finished product”, and can get it into Amazon. BUT, Lulu is not without it’s challenges. Lulu has an absolute page limit of 700 pages for the size I’d like to use and 740 for the size I tried.

Argh!

So kicking and screaming, I’m forced to split the book into tow volumes. Bump up the font size and try some more.

Thus far, I’ve spent $150 and don’t have a great result.

ARGH!

Lessons Learned: What I have learned is that for “specialty texts”, like IT specialty topics, where you could sell copies at 50$+, that you could have a working business model. I think that it would be possible to “produce” topical texts that the big publishing houses couldn’t address.

Just learning about a different kind of “technology”. Next I’ll be consulting on scribes and amanuensises.

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SOFTWARE: NVU has a frustrating “feature”

Sunday, February 22, 2009

Defective index?

I use NVU an open source (i.e., free) package to compose Jasper Jottings. This week, as well as in some past weeks, the index (i.e., the table of contents) does not have links just a plain text listing of the contents. I couldn’t make NVU generate the required index.

Now, I’m annoyed.

So, I’m going to either figure out why or get a better solution.

Sorry for the inconvenience, but I figured it was better to push the issue out the door than hold it for a fix.

If, or when, I do get a fix, I’ll replace it where possible. That usually would mean everywhere but the Yahoo Group and it’s associated email.

Argh! Somethings sometimes this is more frustrating than a real job. At least at a real job, I’d get paid and it wouldn’t be my problem,

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POLITICAL: Tax increases in a recession?

Sunday, February 22, 2009

http://www.washingtonpost.com/wp-dyn/content/article/2009/02/21/AR2009022100911_pf.html

Obama’s First Budget Seeks To Trim Deficit
Plan Would Cut War Spending, Increase Taxes on the Wealthy
By Lori Montgomery and Ceci Connolly
Washington Post Staff Writers
Sunday, February 22, 2009; A01

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President Obama is putting the finishing touches on an ambitious first budget that seeks to cut the federal deficit in half over the next four years, primarily by raising taxes on businesses and the wealthy and by slashing spending on the wars in Iraq and Afghanistan, administration officials said.

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Companies don’t pay taxes; people do. So raising the corporate tax is essentially a tax increase for everyone; poor included.

Rich folks have the ability to defer income and shit it and even “coast”. Watch how revenues “fail to appear”!

Stupidity!

Ignores the lessons of Kennedy and Regan.

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JOBSEARCH: Learn to Network

Saturday, February 21, 2009

http://www.nytimes.com/2008/12/21/jobs/21career.html?_r=1&partner=permalink&exprod=permalink

Career Couch
You May Not Like It, but Learn to Network
By PHYLLIS KORKKI
Published: December 20, 2008

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Q. Everyone is saying that you need to network to find a new job. But you hate networking. Do you have to do it?

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As anyone I have coached will tell you, I’m a fan of Lucht’s formalized face-to-face networking. I see folk practicing “networking” without doing the proper preparation. Even worse, they don’t follow up.

Very frustrating.

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JOBSEARCH: Two minutes of inspirational speeches

Saturday, February 21, 2009

http://www.youtube.com/watch?v=d6wRkzCW5qI&eurl=http://blogs.jobdig.com/wwds/2009/02/09/inspiration-motivation-just-the-way-i-like-it-short-sweet-2-minutes/&feature=player_embedded

Inspiration, Motivation Just the Way I Like It: Short & Sweet 2 Minutes

Posted in February 9th, 2009

Hat Tips: eppsnet.com, http://blogs.jobdig.com, “What would Dad say”

Two minutes of inspirational speeches.

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Excellent for turkeys who are down in the dumps.

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POLITICIAL: Ron Paul on Bill Mahr simple and direct!

Saturday, February 21, 2009

http://www.youtube.com/watch?v=M5lb0l3sYBo&eurl=http://www.lewrockwell.com/blog/lewrw/archives/025457.html&feature=player_embedded

Ron Paul rocks on Bill Mahr’s show!

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JOBSEARCH: Granfalloons as a jobsearch tactic

Friday, February 20, 2009

In doing my personal “lessons learned” after action follow up, I found one glaring oversight that came up in the “after chat”. Granfalloons! How could I have missed that tip?

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Granfalloon – Wikipedia, the free encyclopedia

A granfalloon, in the fictional religion of Bokononism (created by Kurt Vonnegut in his 1963 novel Cat’s Cradle), is defined as a “false karass.” That is, it is a group of people who outwardly choose or claim to have a shared identity or purpose, but whose mutual association is actually meaningless. http://en.wikipedia.org/wiki/Granfalloon

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To a certain extent, “manhattan college alumni” is a granfalloon. But, it would be unpolitic to use that. So let me give an example, I use every day.

“Birthdays on Facebook”

Every day, after I “do” my Jasper obits, but before I “do” Jasper Jottings overnight news reported by Google, I do “Facebook Birthdays”. That’s basically a three step process. First, I go onto the Facebook site, which very gerously tells me which of my Facebook friends is having a birthday. I copy them over to a Facebook personal “Facebook Friends List” called “bday”. Opening up a new browser window for each of them, I write a form Happy Birthday message and send it. Then, I use the “Facebook Share Friends” feature to suggest their fellow borthday-ites to them. Using the “bday” list is very quick. Finally I send the group the following message:

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To: [individual list of names]

Fr: FJohn Reinke

Re: Hey, you folks share a birthday!!!

Best wishes on your mutual day.

I always thought birthdays were a great way to setup a granfalloon — http://en.wikipedia.org/wiki/Granfalloon — strange idea. A very important concept in “job search”. I’ve sent you connection suggestions of some “sharers”.

This is a Robbie Burns message. You know the gift to see ourselves as others see us. Facebook tells me that you share the day; it doesn’t tell you. Here’s a gift. A networking stretching weird one.

Nota Bene: They did say that “opportunity” knocks. What they did NOT tell you was what you’d find when you opened the door. It’s a great free offer requiring nothing more from you but to be open to something new. What throws you off, in this case, is that “opportunity” is disguised as a fat old man with strange ideas. ROFL!!!

fjohn

Attached: [Facebook copies the Wikipedia definition of granfalloon]

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I have received a lot of positive, but some negative feedback about it. On the positive side, some “birthday circles” have formed out of it. My estimate is that about 1 in 3 “days” have some “Facebook Friending” takes place. At least based on what I see reported to me by Facebook. On the negative, some “Facebook Friends” have “defreinded” me. (As an old data guy, I track activity manually and know what they’ve done. Special mark in their record that I keep. I don’t depend on any cloud service to keep all my records. Be funny when they come back to me for something. A networker, like an elephant, never forgets.)

I don’t see an immediate payoff to me. Yet? But, I have people message me that other Granfalloons I have suggested have paid off big for them.

So for example, the “Alumni of Marketing Presentation 2009-02-04” could be a granfalloon that a student might set up to “capture” the synergy of yesterday. It would tie them both to their fellow students (very valuable imho) as well as to the faculty adn alums who were there yesterday (less valuable imho). It’s a trick to create those “webs of weak links” that are so valuable in job search.

Anyway, that’s what I would have liked to communicate to the audience about “granfalloons”. Maybe you can pass this along as a handout. Of course, if anyone has any questions, I’d be happy to answer by email.

Thanks again,
fjohn68

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RANT: 20090219 Frayed Flags in South Brunswick

Friday, February 20, 2009

200902191750.jpg

Disrespectful?

As a vet, I just shake my head at the attitude that permits it.

We have boys and girls at risk in the field. We can’t even treat the symbol that they are dying for with some modest amount of respect.

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GOLDBUG: Can we EVER get back to “honest money”?

Thursday, February 19, 2009

http://news.goldseek.com/JamesTurk/1232989200.php

Restoring Sound Money in America
By: James Turk, Founder & Chairman of GoldMoney.com
— Posted Monday, 26 January 2009 | Digg This ArticleDigg It! | Source: GoldSeek.com

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There is a determined grassroots movement in the United States seeking the restoration of sound money. There are many different groups comprising this movement, but all share the same aim. It is to restore gold and silver to its rightful role as the money of the United States, as mandated by the Constitution.

I have written about this movement before. In “The Quest for Sound Money in New Hampshire” in May 2005 I discussed the bill, called the “New Hampshire Sound Money Bill”, that was drafted by Constitutional scholar and lawyer, Dr. Edwin Vieira. It was presented to the New Hampshire legislature, but sadly, remains pending in committee.

If enacted, the bill will enable people to use gold and silver in their transactions with the state of New Hampshire. An article by me discussing this bill, the aims of its several sponsors and some important background information on the monetary provisions of the Constitution can be found at the following link: http://www.goldmoneybill.org/turk.html

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Sad to say, imho, not without a revolution.

When the people realize that gooferment is funded with inflation of fiat dollars, then they might wise up.

Saving in gold ounces is one option still open to the average bloke.

Buy one or more gold coins from a “paperless source” and bury it in your backyard.

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