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Fred J. McCall[_3_] Fred J. McCall[_3_] is offline
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First recorded activity by BoatBanter: Sep 2008
Posts: 83
Default McCain Lies His Way Thru Interview

Peter Skelton wrote:

:On Sun, 14 Sep 2008 13:15:13 -0700, Fred J. McCall
wrote:
:
:Peter Skelton wrote:
:
::On Sun, 14 Sep 2008 08:55:18 -0700, Fred J. McCall
wrote:
::
::Peter Skelton wrote:
::
:::On Sat, 13 Sep 2008 22:00:23 -0700, Fred J. McCall
wrote:
:::
:::Taxes based on income should be flat. They distort the economy the
:::least that way and allow it to function closer to its optimum levels.
:::
:::
:::That, of course, is a religious statement, devoid of proof and
:::unprovable.
:::
::
::No, Peter, that is a basic fact, as you would know if you knew
::anything at all about Economics.
::
::Another religious statement, followed by a flat lie. If you have
::a proof, show it.
::
:
:No 'religious' statement and no lie.
:
:Where and when did you get your degree in economics, Peter?
:
:So now you're attempting to appeal to expertisde gained in your
:time in the seminary? Religious statement followed by lie, as I
:said.
:

First time I ever heard anyone call CU Boulder a "seminary". So far
the only lies here seem to have Peter tracks on them.

:
:One can find economists who agree with Fred on this, and others
:who don't. It is trivial to prove that, in a very low income
:society, a flat tax doesn't work. It's also not hard to prove
:that, in a very high income society, it's the best. As there is
:no proven definition for high or low income in the context of
:these theories, and no way to prove such a definition belief in
:their application to the US is religious, not scientific.
:

Peter, as usual, is confused. He appears to be trapped in normative
economics, which is not what is being discussed. The statement was
that a flat tax is LESS DISTORTIVE of the economy, leading to
generally more optimal economic market choices. This is regardless of
income of the society. Certainly lower taxes (of any kind) are less
distortive than higher taxes, but that's rather irrelevant to the
discussion.

This is not opinion and you're not going to find any competent
economists who disagree with it. Note that the statement being made
is not the same as saying it is 'best'. That is a normative judgment.
It is also, apparently, how, in his ignorance of the subject, Peter is
interpreting the actual statement being made.

--
"False words are not only evil in themselves, but they infect the
soul with evil."
-- Socrates