Friday, December 9, 2011

Morning addition

A cool example of properly sourced evidence that the postulates of Republican geometry just don't correspond to reality surfaced on NPR this morning: the theory says a 2% surtax on personal income over a million dollars will prevent small businesspersons from hiring workers, but in fact you can't find a small businessperson who will be so prevented. Tamara Keith, the reporter, asked numerous senators and representatives and multiple business organizations for an appropriate example, then went on Facebook to look for themselves, but nobody could come up with a single one. NPR did find a couple of qualified millionaires, but they didn't think the tax would have any effect on hiring, and in fact they turned out to be Democrats. Okay, just because you don't know any black swans doesn't prove all swans are white, and this informal inquiry doesn't prove that no such millionaires exist, but I think we know where the burden of proof just went. The Republican theory applies basically to proprietors who report company profits as personal income, and I'm guessing that there really aren't any such people paying themselves a million-dollar salary--if you're picking up that kind of profit you'll surely prefer paying corporate taxes on it.

[edited to note the reporter by name, and then messed with some more because I can't keep my hands off it]

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