[EMAIL PROTECTED] writes:
New Tax Plan May Bring Shift In Burden
Poor Could Pay A Bigger Share
The Republicans are definitely on to something here. The
federal tax system is progressive, even counting Social
Security. Highly progressive without Social Security. What
is the argument for a
Taxes should be based on ability to pay,
aside from the payroll tax, which is a
contribution towards insurance benefits.
The alternative is taxes NOT based on the
ability to pay. Try defending that one.
mbs
How does
one even begin to contrive an argument for progressive
taxes without first
On Thursday, December 19, 2002 at 05:56:40 (-0500) Ellen Frank writes:
[EMAIL PROTECTED] writes:
New Tax Plan May Bring Shift In Burden
Poor Could Pay A Bigger Share
The Republicans are definitely on to something here. The
federal tax system is progressive, even counting Social
Security.
Marx' argument is ambiguous, but Ellen' seems to
presuppose two thinhgs that are not so: (1) that
exploitation is a matter of not getting what you
deserve, and (2) that the only argument for
progressive taxation is based on desert.
As to (2), a more standard economic argument for
progressive
But shouldn't living standards be determined by
what people contribute? And shouldn't people who
contribute more get more? Rather than being
penalized for their hard work and success?
Look, my students are mostly liberal-democrats in
their political sympathies and mostly middle to
African National Congress national executive member Joel Netshitenzhe:
If you define them in class terms, those drivers of change from within the
black community would have been the working class, the middle strata, the
professionals and the emergent or aspirant black capitalist class...
So yes
On Thursday, December 19, 2002 at 09:32:34 (-0500) Ellen Frank writes:
But shouldn't living standards be determined by
what people contribute? And shouldn't people who
contribute more get more? Rather than being
penalized for their hard work and success?
So you are saying Ken Lay deserves
Ellen Frank wrote:
The Republicans are definitely on to something here. The
federal tax system is progressive, even counting Social
Security. Highly progressive without Social Security. What
is the argument for a progressive tax system? How does
one even begin to contrive an argument for
Ellen Frank wrote:
But shouldn't living standards be determined by
what people contribute? And shouldn't people who
contribute more get more? Rather than being
penalized for their hard work and success?
Are you channelling your students, or your own inner thoughts here?
I'm guessing the
Bill -- I haven't participated in pen-l in quite a while, so
maybe, not knowing who I am, you misread my intent.
(maybe this is why I stopped participating in pen-l!).
I am playing devil's advocate here. My students are not
dumb and I am a very good teacher, BUT.. The ideology
of capitalism
Actually I'm trying to write copy for the Heritage foundation and
finally make some real money!
The I might make it too someday element is pretty weak
with my students. As I say, they tend to be left-liberal, but
not politically engaged and lack confidence in their views.
There's another
On Thursday, December 19, 2002 at 10:44:24 (-0500) Ellen Frank writes:
Bill -- I haven't participated in pen-l in quite a while, so
maybe, not knowing who I am, you misread my intent.
(maybe this is why I stopped participating in pen-l!).
I am playing devil's advocate here. ...
I realize
BBC News World Edition
Thursday, 19 December, 2002, 11:37 GMT
Mass arrests of Muslims in LA
Families protested against the detention of relatives US immigration
officials in Southern California have detained hundreds of Iranians
and other Muslim men who turned up to register under residence
My litmus test for "Christian economists" is the jubilee.
Peter
Ian Murray wrote:
- Original Message -
From: "andie nachgeborenen" [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Wednesday, December 18, 2002 7:03 PM
Subject: [PEN-L:33205] Re: Re: Re: Bush Administration On The Poor:
On Thursday, December 19, 2002 at 09:32:34 (-0500) Ellen Frank writes:But shouldn't living standards be determined bywhat people contribute? And shouldn't people whocontribute more get more? Rather than being penalized for their hard work and success? So you are saying Ken Lay deserves what he
I've been recently reading the New Testiment as part of a project on modern welfare
theories.
For what it is worth, the Acts of the Appostles (in the NT) reports that early
Christian communities (in the decades after the Christ was sent to the cross) were
communal. Further, members were
Acts 4:32 to 4:35 --
The whole body of believers was united in heart and soul. Not a man of them claimed
any of his possessions as his own, but everything was held in common, while the
apostles fore witness with great power to the resurrection of the Lord Jesus. They
were all held in high
- Original Message -
From: Doug Henwood [EMAIL PROTECTED]
http://www.ctj.org/html/quotes.htm
The Father of Modern Capitalist Thought on Progressive Taxation
The subjects of every state ought to contribute toward the support
of the government, as nearly as possible, in proportion
New from the Financial Markets Center
Flow of Funds Review Analysis: Q3 2002
As battered investors moved their funds out of stocks and into deposits,
banks assumed the dominant role in a massive run-up of mortgage debt that has
helped maintain economic growth. But if interest rates rise or
Free Speech -- Virtually
Legal Constraints on Web Journals Surprise Many 'Bloggers'
By Jennifer Balderama
Washington Post Staff Writer
Thursday, December 19, 2002; Page E01
12.19.2002
Late last year, John Stanforth posted to his personal Web site a
reminiscence about software he had developed
Tonak and Shaikh's work on the social wage might offer some guidelines on
how one could theoretically go about evaluating who gets what from the
government, but a full accounting would be all but impossible.
We all believe that the military does more to protect the assets of the
rich, but
- Original Message -
From: Ellen Frank [EMAIL PROTECTED]
What people deserve is exactly the issue the right wing will
raise -- the rich deserve their luxuries and the poor have no
right to take what others have earned fairly (I guess they'll
want to leave Ken Lay out if it). How do
Title: RE: [PEN-L:33235] Christian Economics, 2
the Mormons also started as with a very communistic/egalitarian bent. In fact, it seems that a major reason why Mormon representatives in the US Senate and House oppose welfare-state programs is that the Mormon church already provides many such
Title: taxation question
[was RE: [PEN-L:33226] Re: Re: Re: Re: Bush Administration On The Poor: Pay More Taxes!]
Ellen Frank wrote:
But shouldn't living standards be determined by
what people contribute? And shouldn't people who
contribute more get more? Rather than being
penalized
Even the neoclassical view is that markets reward not effort or even productivity
in a physical sense, but the "value" of the marginal product--that is, contributions
or skills which are scarce in view of demand. This is an efficiency argument
at best, not an equity argument. But then throw in
- Original Message -
From: [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Thursday, December 19, 2002 10:11 AM
Subject: [PEN-L:33234] Christian Economics
I've been recently reading the New Testiment as part of a project on
modern welfare theories.
For what it is worth, the Acts of the
The question is which nationality, race, group, or religion is next.
Mohammad Maljoo
From: Yoshie Furuhashi [EMAIL PROTECTED]
Reply-To: [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
CC: [EMAIL PROTECTED]
Subject: [PEN-L:33230] Mass arrests of Muslims in LA
Date: Thu, 19 Dec 2002 12:17:45 -0500
* December 18, 2002 on Democracy NOW!
Story: HUNDREDS OF MUSLIM MEN FROM AROUND THE COUNTRY HAVE BEEN
DETAINED AS THEY REGISTER WITH IMMIGRATION AUTHORITIES UNDER NEW
GOVERNMENT ORDERS: THE COUNCIL ON AMERICAN-ISLAMIC RELATIONS DEBATES
THE DEPARTMENT OF JUSTICE
INS officials have
The one factoid that struck me was:
Since early 2001, outstanding residential mortgage debt has ballooned from
an amount equal to 49.0 percent of GDP to a level ($6.2 trillion) equaling
59.0 percent of GDP.
On Thu, Dec 19, 2002 at 02:41:34PM -0500, [EMAIL PROTECTED] wrote:
New from the
Title: RE: [PEN-L:33247] Re: How Much Housing Credit Is Too Much?
The one factoid that struck me was:
Since early 2001, outstanding residential mortgage debt has
ballooned from
an amount equal to 49.0 percent of GDP to a level ($6.2
trillion) equaling
59.0 percent of GDP.
but how
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Date: Thu, 19 Dec 2002 13:05:41 -0800
Subject: [VSG List] Court Orders Halt to Venezuela Oil Strike
Mailing-List: list [EMAIL PROTECTED]; contact
[EMAIL PROTECTED]
Court Orders Halt to Venezuela Oil Strike
http://story.news.yahoo.com/news?tmpl=storyu=/ap/20021219/ap_on_re_la_am_ca
We should ask Doug H., who is now on the radio. Even that number is
cloudy since people refinance their houses to borrow for other purposes.
So, it is difficult to get a fix on mortgage debt as a separate category,
except in the sense that you mentioned -- if prices fall and people walk
away from
H'hold Mortgage Debt as Pct. of Disposable Personal Income:
Q3 2002: 74.2%
2001: 72.8%
2000: 68.8%
1999: 68.4%
1998: 65.4%
1997: 64.0%
SOURCE: Flow of Funds Q3 2002
Mortgage debt-service burden for Q4 2001-Q3 2002 ties the burden recorded in
Q4 1990-Q3 1991 as the highest ever for four
in a separate message, Ellen
writes:
What people deserve is exactly the issue the right wing
will
raise -- the rich deserve their luxuries and the poor have
no
right to take what others have earned fairly (I guess
they'll
want to leave Ken Lay out if it).
Well, the question of how the rich
At 09:07 PM 12/19/2002 +, you wrote:
The question is which nationality, race, group, or religion is next.
Mohammad Maljoo
The roundup is expected to intensify. By January 10, men from the following
countries must report to immigration officials: Afghanistan, Algeria,
Bahrain, Eritrea,
Michael wrote:
We should ask Doug H., who is now on the radio.
Even that number is cloudy since people refinance
their houses to borrow for other purposes.
This is an important point. How did they refinance? How much
equity did they take out to pay other debts? Were they able to
pay other
ACLU Calls Immigrant Registration Program Pretext for Mass Detentions
December 19, 2002
FOR IMMEDIATE RELEASE
WASHINGTON - In a development that confirms the American Civil
Liberties Union's initial fears about a controversial immigrant
fingerprinting and registration program, the Immigration
The WSJ has been having pieces about the incentives sellers of high end
houses are having to give. One of the best indicators of an impending
bubble burst would be the length of time required for sell a house.
During the high bubble in San Francsico, houses would sell at a premium as
soon as they
Agence France Presse
December 20, 2002 Friday 10:30 PM Eastern Time
SECTION: International News
LENGTH: 586 words
HEADLINE: Venezuela heads to new confrontation as strikers defy order
to resume work
DATELINE: CARACAS, Dec 19
BODY: Venezuela headed toward new confrontation as government
Rowan Williams, new Archbishop of Canterbury:
So the problem of the market state looks rather like this. By pushing
politics towards a consumerist model, with the state as the guarantor of
'purchasing power', it raises short-term expectations. By raising
short-term expectations, it invites
* December 18, 2002 on Democracy NOW!
NEWS HEADLINES
Story: TOP SECRET IRAQ WEAPONS REPORT SAYS THE U.S. GOVERNMENT
CORPORATIONS HELPED TO ILLEGALLY ARM IRAQ WE TALK WITH THE GERMAN
REPORTER WHO OBTAINED LEAKED PORTIONS OF THE UNEDITED REPORT THAT
NAMES HEWLETT PACKARD, DUPONT AND
I thank Louis Proyect for his critique of my book, Shoveling Fuel for a
Runaway Train. Having been a co-member of at least 2 listservers, I
know Proyect has outstanding insight pertaining to macroeconomics and
political economy. In fact, Ill go so far as agreeing with his current
critique
NY Times, Dec. 19, 2002
Nafta to Open Foodgates, Engulfing Rural Mexico
By GINGER THOMPSON
IRAPUATO, Mexico, Dec. 15 A decade of hemispheric economic upheaval
finally turned Eugenio Guerrero's life upside down last Saturday. That
morning, he tried to auction off the pig farm that has
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