October 2011
63 posts
Without overthinking it, which is to say barely thinking at all:
Love ‘em:
- Team Scholvin, both local and remote
- music
- lazy, tropical vacations
- scotch
- the point where a woman’s waist just begins to curve outward to her hip
Shove ‘em:
- winter
- exercise/gyms/working out
- waste
- authoritarianism
- liver
I copied the numbers right into Excel, which happens to have a Pearson function built in, and it told me the same thing: r = 0.0557. It’s rare that I trust the boys from Redmond, but I’ll make an exception here.
I’m glad to have had it reviewed, though…thanks, Rachel.
TEAM MATH!
Rachel thinks I might have botched the math got a different result, so I’m going to try again. Will advise.
(edit: I ran it again and got the same number, she ran it again and got yet a third answer…PEER REVIEWED MATH IS HARD YO!)
plemur replied to your post: On Job Creation
The effective corporate tax rate is far less than 35 percent when depreciation, and tax credits are taken into account. The high of 35 percent is in line with other industrialized nations, while the U.S. is more lenient with deductions.
scholvin replied to your post: Will it ever happen?
You’re ignoring the fact that while the nominal corporate tax rate is high, the effective rate after deductions, exemptions, etc. is among the lowest in the first world. I’m on my phone and can’t find the stats but I will look when I get home.
Assuming this is correct, my concept still works. Having a tax that is lower than other industrialized nations will create jobs.
plemur replied to your post: Will it ever happen?
The number one concern with most companies is health care costs. These costs have been rising drastically. Most industrialized countries shift the health care burden off companies, and into the public realm. THAT takes a massive burden off companies.
I support this idea also. WE NEED TO DO ALL OF THE THINGS.
(But again, public health care means increased short term costs in order to achieve long term savings and no politician will vote for something that won’t pay off before the next election.)
According to this recent PWC study of effective tax rates, the US clocks in at 27.7%, or the 6th highest of the industrial nations listed. Top 10:
- Japan 38.8
- Morocco 33.9
- Italy 29.1
- Indonesia 28.1
- Germany 27.9
- United States 27.7
- Mexico 27.2
- Colombia 27.1
- Australia 27.1
- Israel 26.9
So, the effective is less than the statutory (though not a lot) and we are higher on the list than I’d have bet. I stand (or maybe lean) corrected.
But to really prove or disprove Jason’s thesis, which is that lower corporate tax rates necessarily stimulate job creation, what we need to do is correlate these tax rates against the unemployment (or employment) rates in these nations. I would bet that there is no more than a small positive correlation here. I mean, as a single data point, Germany has unemployment of 6.2%, which is way lower than ours, yet their tax rate is a bit higher. Meanwhile, further down the list, Hungary (#49) has only a 13.7% effective tax rate, yet their unemployment is up around 10%.
If I have time and energy after putting the kids to bed tonight and can find some good unemployment data, I may take a shot at finding a Pearson product-moment or at least bang out a scatterplot.
Prokaryotes don’t have mitochondria.
Point stands.
1952 Vincent Black Lightning // Richard Thompson
Bookmark this and present it the next time you hear someone say John Mayer is a “genius” as either a guitarist, singer, or (heaven forbid) a songwriter. A single mitochondrion inside the lowliest e. coli swimming around in Richard Thompson’s gut has more talent than that absurd little fop could acquire in twenty lifetimes.
Seriously, though, if you can, take the time and space to really listen to this masterpiece. Close your eyes for 4:44 and let him take you inside this story. Listen to the otherworldly guitar playing as it supports the incredible tale he weaves. It’s like a movie, the best one you saw last year, the kind that wins Oscars for Best Picture and Best Original Screenplay even though you never heard of anyone in it.
This is music so good it makes my heart ache, a little window between this universe and some higher plane.
Said James to Red Molly, here’s a ring for your right hand
But I’ll tell you in earnest I’m a dangerous man
I’ve fought with the law since I was seventeen
For I robbed many a man to get my Vincent machine
Now I’m 21 years, I might make 22
And I don’t mind dying, but for the love of you
And if fate should break my stride
Then I’ll give you my Vincent to ride
- Discover unflushed childpoop.
- Observe lack of TP in the bowl; harangue childperson (again) about hygiene and the importance of a childpoop-free bottom.
- Flush toilet: CHILDPOOPWATER OVERFLOW.
A kid on his own team came flying in out of nowhere, tried to steal the ball, and they all fell down in a pile as the defenseman easily cleared the ball.
And I never opened for Uriah Heep. I do have some standards.
Let Me Roll It // Paul McCartney
I went to the best wedding ever last night. As the ceremony was starting, a couple of people stood up, flashmob style, and started singing the guitar and drum parts to this song. The singers were voice students at Columbia, all professionals or soon to be, and they were fantastic. Others stood up as they built the parts. Then we heard a voice from the back of the room singing the verse—it was the bride, singing her own processional.
The readings were from the Book of Rock, and included lyrics from George Harrison and Queen. The groom also strapped on a guitar and sang a song he’d written for the occasion. Eating, drinking, and so much merriment ensued. I’ll pay for it today as I figure out who buried this meat cleaver in my brain, but it’s worth it. A completely fantastic, magical night…congratulations, Tony and Jamie.