Re: Tax Cuts Don't Boost Revenues

On Feb 29, 2:38=A0pm, Jeffrey Turner <jtur...@[EMAIL PROTECTED]
> wrote:

> Can you get your story straight? =A0Either higher incomes lead to saving
> or they don't.

Those with high incomes tend to have received a one-year windfall.
Those with a permanent high income tend to spend their next dollar at
about the same rate.

> > Again, there's probably a Nobel in it for you if you can disprove
> > Friedman. Have at it.
>
> I can't disprove what isn't intelligible in the first place.

So now the Nobel Prize is not merely wrong, but not intelligible?
Perhaps at this point you should start questioning your understanding
of the subject.

> > Sure. Odds are that even a startup from an experienced group of
> > entrepreneurs will fail. Sand Hill is full of experienced VCs who fund
> > startups, most of which fail. But the odds are better with Steve.
>
> Gosh, it sounds more like luck than anything else.

It was luck that had Jobs start two multi-billion dollar companies and
turn around another? Out of all the billions of people in the world,
he just happened to pull that off? That's like hitting the lotto five
or six times in a row.


> That sounds like a simple conservative approach to investing. =A0It
> doesn't sound like there's a small group of people who will ever be
> successful with a startup.

Says the guy who's never been in a startup, or funded one.