<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: Tax Follies: Obama is one strange dude and the mainstream media is stranger</title>
	<atom:link href="http://pjmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/feed/" rel="self" type="application/rss+xml" />
	<link>http://pjmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/</link>
	<description>The blog of the mystery writer, screenwriter and CEO of Pajamas Media</description>
	<lastBuildDate>Thu, 16 Feb 2012 06:23:56 +0000</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.2.1</generator>
	<item>
		<title>By: CaliforniaDreamer</title>
		<link>http://pjmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/#comment-94138</link>
		<dc:creator>CaliforniaDreamer</dc:creator>
		<pubDate>Tue, 22 Apr 2008 00:07:29 +0000</pubDate>
		<guid isPermaLink="false">http://pajamasmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/#comment-94138</guid>
		<description>That was fun, now back to the topic at hand:

Q: &quot;On a more theoretical level, if I make $100,000 performing brain surgery, and another $100,000 picking the right stocks on the internet at home, why should my brain surgery earnings be taxed at a higher rate than my stock earnings?&quot;

A:  Because the $100,000 you earned picking the right stocks came from those companies making profits and thus having already paid income taxes on the (pre-tax) profits.  As a shareholder you are entitled to your little piece of those profits (that&#039;s why it&#039;s call a &quot;share&quot;).  So you should not be taxed again in order to take your own money and move it elsewhere.  It&#039;s like taxing your use of an ATM to withdraw cash from your own savings account (which is also post-tax money).

This whole topic, going back to Charlie Gibson&#039;s original question to Obama and Clinton (who didn&#039;t answer it any better, by the way), is basically an Laffer Curve question.  When Obama said &quot;maybe it will and maybe it won&#039;t&quot; he should have been pressed to list an instance since JFK&#039;s administration when it didn&#039;t happen.  He can&#039;t do it, period.
</description>
		<content:encoded><![CDATA[<p>That was fun, now back to the topic at hand:</p>
<p>Q: &#8220;On a more theoretical level, if I make $100,000 performing brain surgery, and another $100,000 picking the right stocks on the internet at home, why should my brain surgery earnings be taxed at a higher rate than my stock earnings?&#8221;</p>
<p>A:  Because the $100,000 you earned picking the right stocks came from those companies making profits and thus having already paid income taxes on the (pre-tax) profits.  As a shareholder you are entitled to your little piece of those profits (that&#8217;s why it&#8217;s call a &#8220;share&#8221;).  So you should not be taxed again in order to take your own money and move it elsewhere.  It&#8217;s like taxing your use of an ATM to withdraw cash from your own savings account (which is also post-tax money).</p>
<p>This whole topic, going back to Charlie Gibson&#8217;s original question to Obama and Clinton (who didn&#8217;t answer it any better, by the way), is basically an Laffer Curve question.  When Obama said &#8220;maybe it will and maybe it won&#8217;t&#8221; he should have been pressed to list an instance since JFK&#8217;s administration when it didn&#8217;t happen.  He can&#8217;t do it, period.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Buddy Larsen</title>
		<link>http://pjmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/#comment-94137</link>
		<dc:creator>Buddy Larsen</dc:creator>
		<pubDate>Mon, 21 Apr 2008 19:29:49 +0000</pubDate>
		<guid isPermaLink="false">http://pajamasmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/#comment-94137</guid>
		<description>So do i, markus -- and compliments on a major step forward you re the totality of what we safe-and-sound (well, relatively) Americans call the &quot;Israel issue&quot;. Your comment shows you&#039;re now separating the wheat from the chaff -- the start point has always been that, what you said. And that of course is what the propaganda has always sought to hide. I&#039;m glad you broke thru -- maybe there&#039;s hope for you yet.
</description>
		<content:encoded><![CDATA[<p>So do i, markus &#8212; and compliments on a major step forward you re the totality of what we safe-and-sound (well, relatively) Americans call the &#8220;Israel issue&#8221;. Your comment shows you&#8217;re now separating the wheat from the chaff &#8212; the start point has always been that, what you said. And that of course is what the propaganda has always sought to hide. I&#8217;m glad you broke thru &#8212; maybe there&#8217;s hope for you yet.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: markus</title>
		<link>http://pjmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/#comment-94136</link>
		<dc:creator>markus</dc:creator>
		<pubDate>Mon, 21 Apr 2008 18:27:57 +0000</pubDate>
		<guid isPermaLink="false">http://pajamasmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/#comment-94136</guid>
		<description>I enjoy our back &#039;n forth Buddy.  I&#039;m actually putting a lot more right-wing clutter into my head these days -- of the paleocon variety. (Leave it to Buchanan and the folks at Taki&#039;s Magazine to get me to appreciate Israel&#039;s unalienable right to secure borders and continued existence as an ethnonationalist state.)
</description>
		<content:encoded><![CDATA[<p>I enjoy our back &#8216;n forth Buddy.  I&#8217;m actually putting a lot more right-wing clutter into my head these days &#8212; of the paleocon variety. (Leave it to Buchanan and the folks at Taki&#8217;s Magazine to get me to appreciate Israel&#8217;s unalienable right to secure borders and continued existence as an ethnonationalist state.)</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Buddy Larsen</title>
		<link>http://pjmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/#comment-94135</link>
		<dc:creator>Buddy Larsen</dc:creator>
		<pubDate>Mon, 21 Apr 2008 18:21:44 +0000</pubDate>
		<guid isPermaLink="false">http://pajamasmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/#comment-94135</guid>
		<description>&lt;a href=&quot;http://www.benstein.com/010904walmart.html&quot; rel=&quot;nofollow&quot;&gt;stuff ben stein wrote&lt;/a&gt;
</description>
		<content:encoded><![CDATA[<p><a href="http://www.benstein.com/010904walmart.html" rel="nofollow">stuff ben stein wrote</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Buddy Larsen</title>
		<link>http://pjmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/#comment-94134</link>
		<dc:creator>Buddy Larsen</dc:creator>
		<pubDate>Mon, 21 Apr 2008 15:54:04 +0000</pubDate>
		<guid isPermaLink="false">http://pajamasmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/#comment-94134</guid>
		<description>&lt;a href=&quot;http://www.nytimes.com/2005/07/17/business/yourmoney/17costco.html?ei=5090&amp;en=8b3103305fea6d68&amp;ex=1279252800&amp;adxnnl=1&amp;partner=rssuserland&amp;emc=rss&amp;pagewanted=1&amp;adxnnlx=1121705296-Q4tqPzmKJ9sYl9Q2a0xDYA&quot; rel=&quot;nofollow&quot;&gt;here&#039;s your link&lt;/a&gt; -- may i offer, it you would push some of that left-wing clutter out of your head, you too could learn to hyperlink!
:-)
</description>
		<content:encoded><![CDATA[<p><a href="http://www.nytimes.com/2005/07/17/business/yourmoney/17costco.html?ei=5090&amp;en=8b3103305fea6d68&amp;ex=1279252800&amp;adxnnl=1&amp;partner=rssuserland&amp;emc=rss&amp;pagewanted=1&amp;adxnnlx=1121705296-Q4tqPzmKJ9sYl9Q2a0xDYA" rel="nofollow">here&#8217;s your link</a> &#8212; may i offer, it you would push some of that left-wing clutter out of your head, you too could learn to hyperlink! <img src='http://pjmedia.com/rogerlsimon/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Buddy Larsen</title>
		<link>http://pjmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/#comment-94133</link>
		<dc:creator>Buddy Larsen</dc:creator>
		<pubDate>Mon, 21 Apr 2008 15:48:23 +0000</pubDate>
		<guid isPermaLink="false">http://pajamasmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/#comment-94133</guid>
		<description>I&#039;ll read it sometime today, Markus -- and thanks for the pointer --
</description>
		<content:encoded><![CDATA[<p>I&#8217;ll read it sometime today, Markus &#8212; and thanks for the pointer &#8211;</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: markus</title>
		<link>http://pjmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/#comment-94132</link>
		<dc:creator>markus</dc:creator>
		<pubDate>Mon, 21 Apr 2008 14:28:45 +0000</pubDate>
		<guid isPermaLink="false">http://pajamasmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/#comment-94132</guid>
		<description>Buddy, it appears the DVD was produced by regular capitalists, eager to make a buck off the many people interested in social justice and whatnot.  No union money as far as I can tell.

Costco proves you can be a profitable low-cost retailer while also paying workers a decent wage.  Some of their stores are Teamster organized, but most are not.

You must read this article from the NY Times about Costco.  With great quotes from their CEO, who cares about his workers and thinks over the long term.  And revealing quotes from Wall Street pricks, concerned that this is a company in which &quot;it&#039;s better to be an employee or a customer than a shareholder.&quot;  A great illustration of the good and the bad in business today.

Sorry I wish I knew how to embed links in my words, but I don&#039;t:

http://www.nytimes.com/2005/07/17/business/yourmoney/17costco.html?ei=5090&amp;en=8b3103305fea6d68&amp;ex=1279252800&amp;adxnnl=1&amp;partner=rssuserland&amp;emc=rss&amp;pagewanted=1&amp;adxnnlx=1121705296-Q4tqPzmKJ9sYl9Q2a0xDYA
</description>
		<content:encoded><![CDATA[<p>Buddy, it appears the DVD was produced by regular capitalists, eager to make a buck off the many people interested in social justice and whatnot.  No union money as far as I can tell.</p>
<p>Costco proves you can be a profitable low-cost retailer while also paying workers a decent wage.  Some of their stores are Teamster organized, but most are not.</p>
<p>You must read this article from the NY Times about Costco.  With great quotes from their CEO, who cares about his workers and thinks over the long term.  And revealing quotes from Wall Street pricks, concerned that this is a company in which &#8220;it&#8217;s better to be an employee or a customer than a shareholder.&#8221;  A great illustration of the good and the bad in business today.</p>
<p>Sorry I wish I knew how to embed links in my words, but I don&#8217;t:</p>
<p><a href="http://www.nytimes.com/2005/07/17/business/yourmoney/17costco.html?ei=5090&#038;en=8b3103305fea6d68&#038;ex=1279252800&#038;adxnnl=1&#038;partner=rssuserland&#038;emc=rss&#038;pagewanted=1&#038;adxnnlx=1121705296-Q4tqPzmKJ9sYl9Q2a0xDYA" rel="nofollow">http://www.nytimes.com/2005/07/17/business/yourmoney/17costco.html?ei=5090&#038;en=8b3103305fea6d68&#038;ex=1279252800&#038;adxnnl=1&#038;partner=rssuserland&#038;emc=rss&#038;pagewanted=1&#038;adxnnlx=1121705296-Q4tqPzmKJ9sYl9Q2a0xDYA</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Buddy Larsen</title>
		<link>http://pjmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/#comment-94131</link>
		<dc:creator>Buddy Larsen</dc:creator>
		<pubDate>Mon, 21 Apr 2008 05:33:06 +0000</pubDate>
		<guid isPermaLink="false">http://pajamasmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/#comment-94131</guid>
		<description>Or if walmart just started paying off big labor, an amount of tribute (protection money) equal to what big labor figures it would get if it could unionize the country&#039;s largest employer, would big-hearted, average-joe-loving &#039;&#039;interested citizen&#039;&#039; public-relations firms still be producing and nationally distributing slick professional films decrying the plight of walmart employees?
</description>
		<content:encoded><![CDATA[<p>Or if walmart just started paying off big labor, an amount of tribute (protection money) equal to what big labor figures it would get if it could unionize the country&#8217;s largest employer, would big-hearted, average-joe-loving &#8221;interested citizen&#8221; public-relations firms still be producing and nationally distributing slick professional films decrying the plight of walmart employees?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Buddy Larsen</title>
		<link>http://pjmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/#comment-94130</link>
		<dc:creator>Buddy Larsen</dc:creator>
		<pubDate>Mon, 21 Apr 2008 05:22:35 +0000</pubDate>
		<guid isPermaLink="false">http://pajamasmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/#comment-94130</guid>
		<description>markus, you have no idea what would happen in the world if we pulled precipitously out of Iraq. All you know is that our stabilizing the region (and keeping the global energy markets open and allocating efficiently) is robbing your party of a great political coup and is also keeping your party from scraping off its face all the egg that has accumulated over the de-facto support it has given to the jihad.

The post-USA SE Asian genocide is so obviously on your party&#039;s doorstep that for thirty years you&#039;ve just covered your ears and said &#039;i can&#039;t hear you&#039; whenever the topic is broached, but that&#039;s apparently not enough to have taught you anything, as you&#039;re all for a replay.

I&#039;d recommend you study global headlines from 1975-1980 to see what to expect, but i doubt anything there would connect for you if it hasn&#039;t already. But there is a thing called &#039;reality&#039; and it really exists, and you can&#039;t spin it away.

As far as your WalMart DVD, yes, there&#039;s quite a propaganda campaign out there, well-organized and well-funded, trying to ruin the company.

Would you answer one simple yes-or-no question honestly for me? If WalMart were to unionize tomorrow, and keep everything else exactly as it is, would this huge, expensive, dedicated &#039;&#039;public interest&#039;&#039; smear campaign against it continue, or not?
</description>
		<content:encoded><![CDATA[<p>markus, you have no idea what would happen in the world if we pulled precipitously out of Iraq. All you know is that our stabilizing the region (and keeping the global energy markets open and allocating efficiently) is robbing your party of a great political coup and is also keeping your party from scraping off its face all the egg that has accumulated over the de-facto support it has given to the jihad.</p>
<p>The post-USA SE Asian genocide is so obviously on your party&#8217;s doorstep that for thirty years you&#8217;ve just covered your ears and said &#8216;i can&#8217;t hear you&#8217; whenever the topic is broached, but that&#8217;s apparently not enough to have taught you anything, as you&#8217;re all for a replay.</p>
<p>I&#8217;d recommend you study global headlines from 1975-1980 to see what to expect, but i doubt anything there would connect for you if it hasn&#8217;t already. But there is a thing called &#8216;reality&#8217; and it really exists, and you can&#8217;t spin it away.</p>
<p>As far as your WalMart DVD, yes, there&#8217;s quite a propaganda campaign out there, well-organized and well-funded, trying to ruin the company.</p>
<p>Would you answer one simple yes-or-no question honestly for me? If WalMart were to unionize tomorrow, and keep everything else exactly as it is, would this huge, expensive, dedicated &#8221;public interest&#8221; smear campaign against it continue, or not?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: markus</title>
		<link>http://pjmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/#comment-94129</link>
		<dc:creator>markus</dc:creator>
		<pubDate>Mon, 21 Apr 2008 04:24:34 +0000</pubDate>
		<guid isPermaLink="false">http://pajamasmedia.com/rogerlsimon/2008/04/17/tax-follies-obama-is-one-strange-dude-and-the-mainstream-media-is-stranger/#comment-94129</guid>
		<description>Terrye - Like I said, withdrawal is good for America, saving money and lives.  If that&#039;s not important to you, it&#039;s also good for Israel, allowing her to put more pressure on Iran, even military force, without having to worry about dragging American troops in Iraq into a ground war with Iran.

And when did we give the Iraqis &quot;our word&quot; that we would continue to occupy their country until... no one willing or able to opposes our presence in the country is left standing?

The arguments against Wal-Mart are many, but they aren&#039;t being made by Democrats.  H. Clinton was on their board for years.  In the context of a hollowed out, post-industrial economy, however, you&#039;re right: many people do depend on cheap import prices to get by.  But those lost prices come at a tremendous cost, a point illustrated well by the DVD of the same name (Wal-Mart: High Cost of Low Price)
</description>
		<content:encoded><![CDATA[<p>Terrye &#8211; Like I said, withdrawal is good for America, saving money and lives.  If that&#8217;s not important to you, it&#8217;s also good for Israel, allowing her to put more pressure on Iran, even military force, without having to worry about dragging American troops in Iraq into a ground war with Iran.</p>
<p>And when did we give the Iraqis &#8220;our word&#8221; that we would continue to occupy their country until&#8230; no one willing or able to opposes our presence in the country is left standing?</p>
<p>The arguments against Wal-Mart are many, but they aren&#8217;t being made by Democrats.  H. Clinton was on their board for years.  In the context of a hollowed out, post-industrial economy, however, you&#8217;re right: many people do depend on cheap import prices to get by.  But those lost prices come at a tremendous cost, a point illustrated well by the DVD of the same name (Wal-Mart: High Cost of Low Price)</p>
]]></content:encoded>
	</item>
</channel>
</rss>

