about Jim Keller

Article: The Battle in 64 bit Land, 2003 and Beyond
By: David Kanter (dkanter.delete@this.realworldtech.com), February 11, 2003 11:24 pm
Room: Moderated Discussions
I don't know what he means, but he's wrong. The only tax with non-distortionary effects is a transfer tax, i.e. where everyone pays $x to the government.

Income tax has distortionary effects because it increases the attractiveness of leisure compared to working. That being said, just because it's distortionary and not maximally efficient doesn't mean it's not good.

David



Interested in Illinois (@.com) on 2/11/03 wrote:
---------------------------
>Alejandro Belluscio (baldusi@hotmail.com) on 2/11/03 wrote:
>---------------------------
>>Dean Kent (dkent@realworldtech.com) on 2/10/03 wrote:
>>---------------------------
>>>Interested in Illinois (@.com) on 2/10/03 wrote:
>>>---------------------------
>>>>
>>>>If my HIStory is correct, the federal gov. tried to get income tax from citizens
>>>>way before the Great War, and only when the Supreme Court rejected income tax as
>>>>unconstitutional did the federal government pass an amendment to the constitution.
>>>>And this was in 1913, again before the War To End All Wars.
>>>
>>>I guess I was thinking of the War Revenue Act(s), rather than the Sixteenth Amendment.
>>>After looking about, it turns out that an income tax was imposed during the Civil
>>>War (1867 to 1872), and then repealed. Subsequent attempts to reimpose one were
>>>rebuffed by the Supreme Court, as you indicated, until ratification in 1913 of the 16th Amendment.
>>>
>>>Immediately after the 16th Amendment passed, Congress imposed an income tax - but
>>>it affected less than 1% of the population. It was the War Revenue Act that brought
>>>the graduated income tax that we have come to know and love. In other words, it
>>>was a tax imposed to pay for the war, and was simply built upon and never repealed...
>>>so I think the original comment still stands. :-)
>>Well, I think that the 'problem' you see is on the level of taxation and not on
>>the 'method' of taxing. I'd love to explain the economics, but I'll refrain for
>>it being OT and quite boring for the general people. But let's just say that very
>>efficient (since it get's most of the incentive of the economy intact) and it's
>>correctly applicable to the federal government (else you could get your legal address
>>to wherever has the lower tax while actually working somewhere else). It's a lot
>>better than salary tax, customs tax, public utilities tax, revenue tax and some
>>other much worse kludges that I have the pleasure of pay in my not voted goverment
>>that we Argentinians happen to enjoy nowadays. And we didn't had a 'no taxation
>>without representation' campaign in our history so generaly the people is not
>aware of this little right we should have.
>>Regarding the level of taxation, I'll alse refrain myself because Americans don't
>>usually like my views about their government and what I belevie to be it's true interest.
>
>
>Isn't salary tax equivalent to income tax? And revenue tax similar to sales tax?
>I assume customs tax is tariffs right?
>
>What do you mean by saying that income tax is very efficient / 'incentive of economy intact'?
>
>The slogan 'No taxation w/o representation' was not actually true in the new Republic
>since a very small amount of the populace could have their views represented. It
>was a conflict over competing visions of the 'new continent.
>
>Please do share your views about the level of taxation here and the federal government.
>
>Sincerely,
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TopicPosted ByDate
New Article AvailableDavid Kanter2003/02/02 01:44 AM
  Excellent Article, Paul (NT)Arcadian2003/02/02 03:57 PM
  Yikes! Slashdotted!Dean Kent2003/02/02 06:53 PM
    Yikes! Slashdotted!Singh, S.R.2003/02/02 11:38 PM
      Yikes! Slashdotted!Dean Kent2003/02/02 11:53 PM
        Yikes! Slashdotted!Anonymous2003/02/03 06:03 AM
          Yikes! Slashdotted!Dean Kent2003/02/03 08:13 AM
  FYI, Paul:Peter Gerassimoff2003/02/03 12:38 AM
    FYI, Paul:Bill Todd2003/02/03 02:18 AM
      FYI, Paul:Marc M.2003/02/03 09:08 AM
        Opteron SPEC PerformanceArcadian2003/02/03 11:15 AM
          Opteron SPEC PerformanceMarc M.2003/02/03 11:18 AM
      i want to see those links pls!! (NT)waitressInGaza2003/02/03 12:15 PM
        i want to see those links pls!! (NT)José Javier Zarate2003/02/05 08:23 AM
          i want to see those links pls!! (NT)waitressInGaza2003/02/05 01:50 PM
            i want to see those links pls!! (NT)tecate2003/02/05 04:09 PM
              gender should be irrelevantwaitressInGaza2003/02/05 05:36 PM
                gender should be irrelevantDean Kent2003/02/05 06:03 PM
                gender should be irrelevanttecate2003/02/05 08:27 PM
                  well it is all about your viewpointwaitressInGaza2003/02/05 11:44 PM
                    well it is all about your viewpointdoriangrey2003/02/06 11:39 PM
                Please be a girl. :pNIKOLAS2003/02/06 05:28 AM
    FYI, Paul:Paul DeMone2003/02/03 07:43 AM
  larger cache for POWER4+?Anil Maliyekkel2003/02/03 04:08 AM
    larger cache for POWER4+?Thu Nguyen2003/02/03 05:35 AM
  well written indeedhobold2003/02/03 06:41 AM
    well written indeedtecate2003/02/03 08:05 AM
      well written indeedhobold2003/02/03 08:12 AM
    well written indeedPaul DeMone2003/02/03 08:15 AM
      well written indeedhobold2003/02/03 11:04 AM
        well written indeedPaul DeMone2003/02/03 11:58 AM
          about Jim KellerMarc M.2003/02/03 12:50 PM
            about Jim KellerPaul DeMone2003/02/03 01:22 PM
              Nope but will now (NT)Marc M.2003/02/03 01:50 PM
              patent info...Marc M.2003/02/03 01:52 PM
              about the article...Dean Kent2003/02/03 03:49 PM
              Er, I just have to point something out.Anonymous2003/02/04 09:19 PM
                Next time check the date.Paul DeMone2003/02/05 12:10 AM
                  Yes, I know it was written in 2000.Anonymous2003/02/05 11:42 AM
                    Yes, I know it was written in 2000.Paul DeMone2003/02/05 12:20 PM
              about Jim KellerAlejandro G. Belluscio2003/02/09 12:09 PM
                about Jim KellerDean Kent2003/02/09 12:40 PM
                  about Jim KellerPaul DeMone2003/02/09 01:00 PM
                  about Jim KellerDavid Wang2003/02/09 01:18 PM
                    about Jim KellerPaul DeMone2003/02/09 02:47 PM
                  about Jim KellerInterested in Illinois2003/02/10 10:11 AM
                    about Jim KellerDean Kent2003/02/10 11:06 AM
                      about Jim KellerAlejandro Belluscio2003/02/11 05:53 PM
                        about Jim KellerDean Kent2003/02/11 08:52 PM
                          about Jim KellerAlejandro Belluscio2003/02/12 10:06 AM
                            about Jim KellerInterested in Illinois2003/02/13 03:19 PM
                        about Jim KellerInterested in Illinois2003/02/11 10:35 PM
                          about Jim KellerDavid Kanter2003/02/11 11:24 PM
                          Taxation systemsAlejandro Belluscio2003/02/12 09:54 AM
                            Taxation systemsInterested in Illinois2003/02/13 06:23 AM
                              Taxation systemsAlejandro Bellusco2003/02/13 09:53 AM
                                Taxation systemsInterested in Illinois2003/02/13 02:47 PM
                                  Taxation systemsAleajdnro G. Belluscio2003/02/13 04:56 PM
                                    Taxation systemsJouni Osmala2003/02/14 07:03 AM
                                      Taxation systemsAlejandro G. Belluscio2003/02/14 05:13 PM
                                  Taxation systemsDavid Kanter2003/02/14 11:18 PM
                                    Taxation systemsAlejandro Belluscio2003/02/15 07:36 AM
          well written indeedhobold2003/02/03 01:40 PM
          E8870 ChipsetJosé Javier Zarate2003/02/04 02:19 PM
            E8870 ChipsetArcadian2003/02/05 12:54 AM
              E8870 ChipsetJosé Javier Zarate2003/02/05 08:13 AM
                E8870 ChipsetArcadian2003/02/05 11:49 AM
      Minor questionJosé Javier Zarate2003/02/04 02:24 PM
    well written indeedDean Kent2003/02/03 08:18 AM
      well written indeedhobold2003/02/03 08:36 AM
        well written indeedDean Kent2003/02/03 09:33 AM
          hear hear...Marc M.2003/02/03 11:16 AM
          well written indeedhobold2003/02/03 02:02 PM
            well written indeedDean Kent2003/02/03 03:48 PM
              well written indeedhobold2003/02/04 12:56 PM
    well written indeedMarc M.2003/02/03 09:19 AM
      BTW Paul, it was VERY well written... BUT... =)Marc M.2003/02/03 09:25 AM
        Ditto (NT)William L.2003/02/10 07:28 PM
  New Article AvailableJS2003/02/05 01:09 AM
  Changes in MPU design methodologies?Richard Stacpoole2003/02/06 04:46 AM
    Changes in MPU design methodologies?Paul DeMone2003/02/06 09:47 AM
      Changes in MPU design methodologies?doriangrey2003/02/06 11:41 PM
      Changes in MPU design methodologies?William L.2003/02/10 07:34 PM
        Changes in MPU design methodologies?Singh, S.R.2003/02/10 09:34 PM
          Watch thisSingh, S.R.2003/02/10 09:42 PM
  excellent article, just a nit or twomulp2003/02/15 11:11 PM
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