No Bonus For You . . .
By Barry Ritholtz - December 17th, 2009, 6:30PM
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Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
December 17th, 2009 at 6:49 pm
Why does TheBamster resemble TheBamster but Lord Blankfein, J. Dimon, and Ben Bernanke all look like coneheads?
Even the comics have to put their derision thru a filter.
December 17th, 2009 at 6:59 pm
I got into the subject of taxes on fat cats in the US with a friend whose insight I value the other day. He went off on a tangent that sort of caught my interest in retrospect. He was saying that what got us out of the great depression, wasn’t directly the WWII, but that the war gave us cover to lower our standard of living. His argument wasn’t that we could do without all the stuff we were accustomed to, but that the war gave us a reason to do without. He listed rationing of gas recycling of tin cans and a bunch of other examples of things Americans did with their loved ones, and the war effort in mind.
Along that train of thought I thought I’d put in a graph for the history of income tax for the top bracket income in the US.
http://en.wikipedia.org/wiki/File:MarginalIncomeTax.svg
December 17th, 2009 at 7:54 pm
@bman
Excellent chart – good information
For certain, taxes will increase in the future. Either the income tax brackets will return to levels seen in the past or a value added tax will be imposed.
The former will redistribute wealth and the latter is regressive for the middle class and poor. No doubt it will be the latter.
December 17th, 2009 at 7:59 pm
Great cartoon. I hope the big O sees it.
December 17th, 2009 at 10:31 pm
Oh yeah?
http://news.yahoo.com/comics/uclickcomics/20091209/cx_tt_uc/tt20091209
December 18th, 2009 at 8:46 am
somehow i can’t grace barry as ‘the big O.” takes away from the great accomplishments of mr. robertson.
barry’s moniker should be ‘the big 0″ (as in ZERO).