J.Johnson replies:

Reader comment on: Krugman on the Deficit Commission
in response to reader comment: Subsidized living

Submitted by J.Johnson (United States), Nov 12, 2010 14:19

Respone to Future of Capitalism reply:

You say that the "difference between a business expense and borrowing to finance a home" is that "one is a business expense, the other is consumption." Ahhhh, what a way you have with words. I presume it was not Mr. Stoll himself who spun that bit of vacuous nonsense. Perhaps it will help if you think of it this way: Consumption, as you put it, to purchase a home is usually a more socially useful and ethically supportable endeavor than bestowing tax-deductable private jet transport and door-to-door limo service on a highly paid executive when, as Warren Buffett is apparently learning in re his bodyguard service, those perks should be counted as compensation and the executive's income taxed accordingly.


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Title By Date
Subsidized living
[w/response] [191 words]
J.JohnsonNov 12, 2010 12:43
⇒ J.Johnson replies: [125 words]J.JohnsonNov 12, 2010 14:19
Flat tax rate [83 words]Jose A HernandezNov 23, 2010 12:49

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