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	<title>Razornomics &#187; Uncategorized</title>
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		<title>Income Tax Reform (Or the Lack Thereof)</title>
		<link>http://www.razornomics.com/income-tax-reform-or-the-lack-thereof/</link>
		<comments>http://www.razornomics.com/income-tax-reform-or-the-lack-thereof/#comments</comments>
		<pubDate>Sun, 21 Nov 2010 20:21:13 +0000</pubDate>
		<dc:creator>Dennis</dc:creator>
				<category><![CDATA[Economics]]></category>
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		<guid isPermaLink="false">http://www.razornomics.com/?p=255</guid>
		<description><![CDATA[In the first few days of studying the federal income tax in law school, you learn some basics about the marginal tax brackets.  Surprisingly, there are only about 5 tax brackets taxpayers can fit ...]]></description>
			<content:encoded><![CDATA[<p>In the first few days of studying the federal income tax in law school, you learn some basics about the marginal tax brackets.  Surprisingly, there are only about 5 tax brackets taxpayers can fit in.  Even more surprisingly, those brackets end at about $373,650 (2010 Consumer Price Index Adjustments to the Bush Tax Cuts).  Sure, there are a bunch of carefully drawn tiers below this maximum amount, but none exist above it&#8230;.the question is why?  Well, the cynical (and therefore probably correct) answer is that <a href="http://www.cbsnews.com/8301-503544_162-20023147-503544.html">elitist rich people create the tax code.</a></p>
<p>The less cynical, and more analytic critique of the tax code that I posit is this:  we have a very unequal distribution of wealth these days, so why not have a very UNEQUAL tax code?  Why not let the tax code reflect the society&#8217;s extreme inequality, and use it as an engine to fix it?  Why do we stop creating tiers at a measly 350 Grand mark, and extend it up to 1, 5, or even 100 million in income?  The income tax has been <a href="http://blog.heritage.org/2010/10/20/hoover-fdr-and-clinton-tax-increases-a-brief-historical-lesson/">MUCH higher</a> in the past, around 90%!  That is unimaginable today, only because we are forced to believe this will dampen economic growth.  That is nonsense, and borderline propaganda.  <strong>It is time to tap one of America&#8217;s greatest Natural Resources:  Millionaires.</strong></p>
<p>The current tax system greatly favors the Rich and lets the ever-shrinking Middle gnaw on what&#8217;s left.  It is unfair and crippling our economy and polity.   Higher tax rates for the rich does not constitute socialism.  Quite the contrary, it&#8217;s a return to our American roots and history.  It is time for a more sane tax regime, that reflect reality, not the interests of the Rich.</p>
<p><a href="http://www.razornomics.com/wp-content/uploads/2010/11/TaxReady.jpg"><img class="aligncenter size-medium wp-image-261" title="TaxReady" src="http://www.razornomics.com/wp-content/uploads/2010/11/TaxReady-240x300.jpg" alt="" width="240" height="300" /></a></p>


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		<title>IEDs or IDEAs?: The U.S. Military Can&#8217;t Win this War</title>
		<link>http://www.razornomics.com/ieds-or-ideas-the-u-s-military-cant-win-this-war/</link>
		<comments>http://www.razornomics.com/ieds-or-ideas-the-u-s-military-cant-win-this-war/#comments</comments>
		<pubDate>Sun, 11 Oct 2009 22:11:54 +0000</pubDate>
		<dc:creator>Travis</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[President Obama is considering sending more 
troops to Afghanistan to save it from becoming a &#8220;failed state.&#8221;  But, can the U.S. Military really 
nation build?  It seems like occupying countries only help to ...]]></description>
			<content:encoded><![CDATA[<p>President Obama is considering sending more </p>
<p>troops to Afghanistan to save it from becoming a &#8220;failed state.&#8221;  But, can the U.S. Military really </p>
<p>nation build?  It seems like occupying countries only help to radicalize new populations of </p>
<p>people&#8230;growing the number of potential terrorists.  The United States&#8217; military is an enormous, </p>
<p>powerful organization that is failing to defeat small, poorly funded terrorist cells.  This somewhat </p>
<p>clumsy giant accidentally kills civilians and occupies territory that only help make locals very </p>
<p>angry.  Wars bring destruction of economies and social networks that make people feel like they have </p>
<p>nothing left to lose: low hanging fruit for terrorist cell recruiting.</p>
<p>The U.S. military is </p>
<p>not, and cannot, be equipped with the tools necessary to defeat International Terrorism.  The US is </p>
<p>trying to get rid of an ideology, not another army.  We are fighting a nebulous enemy that is not </p>
<p>even internally cohesive (think cells in Somalia).  I think social workers would be more effective in </p>
<p>Iraq and Afghanistan than soldiers.  The billions spent on these wars could have been allocated to </p>
<p>expand (or create) intelligence units with an international scope.</p>
<p>In many (ten? twenty?) </p>
<p>years, when US forces are finally gone, cells will continue to operate in Iraq, Afghanistan, and </p>
<p>Pakistan.  We are fighting an ideology, not a people.  Defeating an ideology is a sophisticated task. </p>
<p> Essentially, the US has to win the hearts and minds of future recruits so these groups&#8217; memberships </p>
<p>dry up.</p>
<p><a href="http://www.razornomics.com/wp-content/uploads/2009/10/ied.jpg"><img src="http://www.razornomics.com/wp-content/uploads/2009/10/ied-300x224.jpg" alt="" title="ied" width="300" height="224" class="aligncenter size-medium wp-image-156" /></a></p>


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