Comments on: Let’s Try Market-Oriented Market Reform http://seekerblog.com/archives/20080531/lets-try-market-oriented-market-reform/ Seeking reliable, objective sources on economics, foreign-policy and energy-policy issues. Thu, 04 Dec 2008 22:16:34 +0000 http://wordpress.org/?v=2.3.2 By: Steve Darden http://seekerblog.com/archives/20080531/lets-try-market-oriented-market-reform/#comment-25066 Steve Darden Wed, 04 Jun 2008 02:55:46 +0000 http://seekerblog.com/archives/20080531/lets-try-market-oriented-market-reform/#comment-25066 On an optimistic note, I speculate that the flat tax nations will continue to post stunning growth results. It may take a century, but eventually Joe Sixpack is going to realize that taxing capital hurts his family and his children. Taxing only consumption is an unreachable ideal, but... On an optimistic note, I speculate that the flat tax nations will continue to post stunning growth results. It may take a century, but eventually Joe Sixpack is going to realize that taxing capital hurts his family and his children. Taxing only consumption is an unreachable ideal, but…

]]> By: Fat Man http://seekerblog.com/archives/20080531/lets-try-market-oriented-market-reform/#comment-25015 Fat Man Mon, 02 Jun 2008 16:52:12 +0000 http://seekerblog.com/archives/20080531/lets-try-market-oriented-market-reform/#comment-25015 The 15% rate on dividends is a partial implementation of a double taxation relief plan designed by R. Glenn Hubbard, currently dean of the Columbia U business school, former chair of President Bush's CEA (2001-2003), when he was an economist at Treasury during the administration of Bush père. It was adopted as part of the second tax cut bill of the current administration. Ideally the rate would be cut and the plan extended. But, it will probably be repealed by a Democrat administration, but perhaps McCain might save it. The 15% rate on dividends is a partial implementation of a double taxation relief plan designed by R. Glenn Hubbard, currently dean of the Columbia U business school, former chair of President Bush’s CEA (2001-2003), when he was an economist at Treasury during the administration of Bush père. It was adopted as part of the second tax cut bill of the current administration.

Ideally the rate would be cut and the plan extended. But, it will probably be repealed by a Democrat administration, but perhaps McCain might save it.

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