tag:blogger.com,1999:blog-5524682876220396502.post7680667672322539613..comments2024-03-27T06:56:10.255+00:00Comments on Broad Oak Magazine: The economy is like a rainforestUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5524682876220396502.post-89226371309578970652008-06-29T22:37:00.000+01:002008-06-29T22:37:00.000+01:00I have been asking this for a long time about corp...I have been asking this for a long time about corporate tax. It seems clearly designed to penalize the risk taker.James Highamhttps://www.blogger.com/profile/14525082702330365464noreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-16097248691584813992008-06-28T13:08:00.000+01:002008-06-28T13:08:00.000+01:00... but let's take your, and my, point further. Fo...... but let's take your, and my, point further. For example, why is there only one interest rate? If money loaned to business is more economically productive than mortgages on residential property, why not a lower interest rate on the former so that after the bank's risk premium, it's as cheap to borrow to expand your business as to speculate on housing?<BR/><BR/>The tax system has long been tweaked to encourage particular activities; why not the moneylending side, also?Sackersonhttps://www.blogger.com/profile/09410040031410954403noreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-17386978229409535742008-06-28T12:22:00.000+01:002008-06-28T12:22:00.000+01:00Perhaps they come under one of the categories in t...Perhaps they come under one of the categories in the last sentence.Sackersonhttps://www.blogger.com/profile/09410040031410954403noreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-18058254648153801752008-06-28T10:26:00.000+01:002008-06-28T10:26:00.000+01:00The FOMC and its interconnections seem pretty cent...The FOMC and its interconnections seem pretty centralized to me, Sackers.James Highamhttps://www.blogger.com/profile/14525082702330365464noreply@blogger.com