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Saturday, August 20, 2011

[mukto-mona] Re: Where have you been, Mr. Buffet?

That man (Dewan) needs to announce his certificate and position before he writes as if we are still playing in the kindergarten class rooms. I bet he got some confidence problem.

Some Tea party people might be loonies but they got some great points. It is high time to sanitize our national debt before we are finished as a great power. It is now or never!
-Dev

--- In mukto-mona@yahoogroups.com, "Roy" <jnrsr53@...> wrote:
>
> My response to Professor Dewan's Comments:
>
> Hello everybody!
>
> The conventional view is - as your income goes up, so goes your tax bracket. Therefore, Buffet tax-rate being lower than his employees is a legitimate question for those who are not Professor of Economics. At first, I could not understand it also. So, Professor, you don’t need to be so condescending to those who did not get it right away.
>
> I agree â€" Professor Dewan knows more about tax laws than me, because it is his bread and butter. But, I am a tax payer, just like everybody else, and we are supposed to know some common sense tax rules, if not the nitty-gritty. It’s like talking about government policies or military policies using common knowledge without details. We know why â€" corporations move abroad â€" it’s because labor is cheap and tax is low there. You cannot implement many rules considering our strategic interests. I know this much - if you tax a corporation for the remaining tax balance in the US, as professor is suggesting, it will be counterproductive to the policy of providing incentive to bring back their business in the US. They will, instead, move whatever still left in the US to elsewhere. Professor, you cannot put the Jinee back in the bottle once it is out. Can you? We don’t need to be a tax expert to figure this out?
>
> I am glad that Professor does not have any argument against anything I said. Thank you very much!
>
> The last part of his mail tells me that he is not happy with Sara Palin and Rick Perry, although I could not figure it out what they have to do with the topic. I bet - he hates them, especially Perry. I thought for a moment that - I was watching one of those liberal shows on - The View, MSNBC or CNN. I am sorry, I cannot match his passion. He also hates tea-Party people, the so called stupid people as per Democratic Party talking-point, as articulated by Professor Dewan.
>
> I happen to like Tea-Party people a lot, as they are the Paul Revere of the modern time to warn US about the forthcoming entitlement society that the current President has been trying to bring in the US ever since he got elected. He is facing hurdles on the way â€" because of these Tea-Party folks. I am sure - they do not belong to the so called intellectual class you see in the College Campus. Thanks God for that! Most intellectuals are ideologues, trapped in the cocoon of their ideal-world views that never existed or will ever be realized. In other words, being non-pragmatist, their impractical views mostly create problems, not solutions. No offense to the Professor, but, may be because of that fact â€" not many intellectual Professors we see as CEO. Just a thought â€" I wanted to share with you.
>
> Thank you very much.
>
> Jiten Roy
>


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