http://themoderatevoice.com/24961/a-weeklong-orgy-of-crooks/ An Internet hub with domestic and international news, analysis, original reporting, and popular features from the left, center, indies, centrists, moderates, and right Wed, 30 May 2012 18:42:26 +0000 hourly 1 http://wordpress.org/?v=3.1.2 http://themoderatevoice.com/24961/a-weeklong-orgy-of-crooks/comment-page-1/#comment-166991 ThurmanHart Sat, 13 Dec 2008 16:16:59 +0000 http://themoderatevoice.com/24961/a-weeklong-orgy-of-crooks/#comment-166991 The problem is that, with historically low marginal tax rates, there is no restraint on human greed. 100% of tax increases fall on the first $300 grand worth of income and nothing else on the remaining infinite income. Hike the tax rate by 10% at $1 million and another 10% at $5 million and you begin to make it sort of useless to have an income in excess of those limits. No, the money doesn't leave the economy, it gets pushed further down the income chain. The problem is that, with historically low marginal tax rates, there is no restraint on human greed. 100% of tax increases fall on the first $300 grand worth of income and nothing else on the remaining infinite income. Hike the tax rate by 10% at $1 million and another 10% at $5 million and you begin to make it sort of useless to have an income in excess of those limits. No, the money doesn't leave the economy, it gets pushed further down the income chain.

]]> http://themoderatevoice.com/24961/a-weeklong-orgy-of-crooks/comment-page-1/#comment-166967 The Madoff Ponzi Scheme | MarketBlurbs.com Sat, 13 Dec 2008 02:13:18 +0000 http://themoderatevoice.com/24961/a-weeklong-orgy-of-crooks/#comment-166967 [...] Jerry Remers, The Moderate Voice on this week’s Madoff, Blagodevich and Gordon scandals:  “A weeklong orgy of crooks.” [...] [...] Jerry Remers, The Moderate Voice on this week’s Madoff, Blagodevich and Gordon scandals:  “A weeklong orgy of crooks.” [...]

]]> http://themoderatevoice.com/24961/a-weeklong-orgy-of-crooks/comment-page-1/#comment-166956 Holly_in_Cincinnati Fri, 12 Dec 2008 23:35:48 +0000 http://themoderatevoice.com/24961/a-weeklong-orgy-of-crooks/#comment-166956 I suppose that Mr. Madoff made off with the money. I suppose that Mr. Madoff made off with the money.

]]> http://themoderatevoice.com/24961/a-weeklong-orgy-of-crooks/comment-page-1/#comment-166937 bcarton Fri, 12 Dec 2008 21:22:35 +0000 http://themoderatevoice.com/24961/a-weeklong-orgy-of-crooks/#comment-166937 Marc Dreier demands to be included in this contest. Marc Dreier demands to be included in this contest.

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