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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: westpacific who wrote (71056)2/15/2011 7:32:45 PM
From: TobagoJack  Respond to of 218675
 
in the mean time, just out from send-tray

From: j
Sent: Wed, February 16, 2011 6:17:11 AM
Subject: Re: Comments - Week of February 14

We are on for thursday (tomorrow lunch) somewhere at 12:30 lunch.

Shall call Great Wall today re surviving pandas awaiting adoption. Who is partaking? For how many? The price is high compared to just a few days ago.

6:20am, off of mini bus at causeway and on way to mtr. I note there are quite a lot of enormous renovations n construction sites. One cannot but feel bullish. Reflection on the sturdy concrete structures off of the wet asphalt creates an image of civilization overcoming chaos. We go forward else we slide back.

Inflation is better than deflation for both china n america and everybody else, except for folks on this e-mail list plus a few more.

Hyper inflation is the lesser of two evils compared to diaper deflation for same set of majority, taking assets, reneging on liabilities, keeping jobs, extending hopes, and calming fears all into a/c.

Until the cities starts burning. The cities shall burn every which way, inflation out of control or deflation gone bad, when paper monies burn. Paper monies must burn, for that is their destiny.

Shall try an experiment on thursday, to work only at coffee shops n public venues, on platform of apple + cellular modem + plantronics + blkberry.

Amen, j



To: westpacific who wrote (71056)2/16/2011 2:48:04 AM
From: wallshot  Respond to of 218675
 
Heard a Presidential Candidate in a European nation was on TV last night saying if elected anyone making above 30,000 Euro would be taxed at 100 percent beyond that level!

This made me think of the US income tax bracket heat map as seen here:
[url]http://www.visualizingeconomics.com/2010/04/25/u-s-income-tax-brackets-1910-2010/[/url]
Which makes me think of the interesting consequences of tax high incomes at high rates. Which seams to follow that lower incomes would result and "perks" would show up, like business class travel being standard to attempt to replace the lost wages due to taxation. This can somewhat be inferred here with average CEO to worker pay gap:
[url]http://newsjunkiepost.com/wp-content/uploads/2011/02/CEO-vs-worker-pay-1940-2004-NYTimes.jpg[/url]

Zooming in the heat map to the average Joe to top 95% wage earners, I put this together. It looks at US income since 1988 for various percentiles. With this view I think it shows the IRS is slowly pinching the top of the food chain by an extra 5%. I guess 40% income tax for the top earners isn't out of the question. But but a return to >60% for would be a good signal that gov't is interested in you finding a different job.