Re: Laffer Curve

From: Johnny Marcos (johnny5_at_yahoo.com)
Date: 07/05/04 

Date: Mon, 05 Jul 2004 16:02:51 GMT

"Darren" <reply.to@news.group> wrote in news:40e8d937_1@dowco.com:

>> There is nothing there to ignore. You are setting your own rules
>> that
> have
>> nothing to do with reality. In the real world the incentive to work
>> is
> not
>> money, it is food and shelter. Everything else is creature comfort.
>
> Yes, but people like those creature comforts and are willing to work
> for them.

How much nicer does the lexus have to get? How much bigger the corian
countertop kitchen? How much smaller the cell phone? How much faster
the PC? My 486 33 mhz PC checks email just as fast as your pentium 3ghz.
Diminishing Returns. I have just about all I want, much more than the
millionaires of 30 years ago and I am far under the poverty level.

>> The concept that if there is not a lot of money to be made that
>> people
> stop
>> working....
>
> is a strawman. People will still work certainly... if the tax rate is

Nope, I stopped working, I sit around and read sci.econ and watch Cspan.

Relevant Pages

  • Re: Laffer Curve
    ... > nothing to do with reality. ... > money, ... Everything else is creature comfort. ... if the tax rate is 100% then NO TAX would be collected.... ...
    (sci.econ)
  • Re: Healing Americas Sick Soul
    ... reality of the problem, but that is at most true 1-2 % of the time. ... Most do not have enough money to buy enough food for their kids and it ... There's nobody who lacks food, ...
    (rec.martial-arts)
  • Re: Healing Americas Sick Soul
    ... reality of the problem, but that is at most true 1-2 % of the time. ... Most do not have enough money to buy enough food for their kids and it ... There's nobody who lacks food, ...
    (rec.martial-arts)
  • Re: Auden: creature comfort
    ... Would you know what compound type "creature comfort" is? ... material comforts (such as food and clothing). ... Peter Duncanson, UK ...
    (alt.usage.english)