Re: [SLUG-POL] Another political spectrum test

From: Steven Johnson (alinuxguru@hotmail.com)
Date: Wed Oct 17 2001 - 02:44:11 EDT


Take a step back :) I stated that the WSJ knowingly printed inaccurate
information. The data they used was materially flawed. You stated that
the WSJ, for whatever reason, was beyond reproach. I countered by providing
a known example that they are just as equally prone to intentionally mislead
as any other publication.

----Original Message Follows----
From: Bryan-TheBS-Smith <b.j.smith@ieee.org>
Reply-To: slug-politics@nks.net
To: slug-politics@nks.net
Subject: Re: [SLUG-POL] Another political spectrum test
Date: Tue, 16 Oct 2001 21:06:49 -0400

Steven Johnson wrote:
> Secondly, here are a couple of anecdotal tales to share about the
integrity
> of the WSJ. During the last presidential election the WSJ posted the
same
> innacurate story about the benefits of Forbes flat tax not once, but
twice.
> The story was based on flawed data that was known to be flawed. Because
> the gist of the article was pro-Investor they forgoed their responsibilty
as
> a reporter to take on the responsibility of political lobbyist to promote
> "their candidate".

If you understand how the money multiplier works, and how income
taxes destroy it -- by taking the money out of the economy before it
can multiply -- you'd understand a flat tax is warranted.

By taxing the "supposed rich" we are only taxing our investors.
Investors, not government, creates jobs. People who already have
wealth don't pay income tax. So, again, all we are doing is taxing
those who aren't already wealthy.

-- TheBS

--
Bryan "TheBS" Smith     mailto:b.j.smith@ieee.org    chat:thebs413
Engineer   AbsoluteValue Systems, Inc.   http://www.linux-wlan.org
President    SmithConcepts, Inc.      http://www.SmithConcepts.com
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