Archive for October 14th, 2009

There is a time for everything,
and a season for every activity under heaven:

a time to be born and a time to die,
a time to plant and a time to uproot,

a time to kill and a time to heal,
a time to tear down and a time to build…

- King Solomon

“Change means movement. Movement means friction. Only in the frictionless vacuum of a nonexistent abstract world can movement or change occur without that abrasive friction of conflict.”

- Saul Alinsky, Rules for Radicals

[In Part I of this series, I laid out some of the conceptual ideas and events behind peaceful protest, the Tytler Cycle, the economic vector of the US government, and"Going Galt". In Part II, I will be exploring the strategic choices that would most humanely - and perhaps, most holistically - enable a small enough "tipping point" of people to push us into the step-change required to reset the cycle.

Please realize, this is all exploratory in nature, and that I am not necessarily adcovating this course of action at this point in time. My hope is to gain the wisdom of other voices to see if this avenue is a) fruitful; b) possible; and c) a better way forward than passivity. Some folks may not wish to comment, but can send me feedback via my Facebook mail account.]

As I have been pondering the concept of how to humanely “Go Galt” – realizing that this may actually blunt the degree of its ’success’ – I think there are a number of basic principles that should be considered, along with some key strategies that would sit on top of those principles:

The Laffer CurveShifting the Laffer Curve

Probably the KEY concept to making “Going Galt” work – remember this, if you remember nothing else – is to ruthlessly and quickly drive the “Laffer Curve” down on anything that is taxed.

Let me say that again, and emphasize it:

The KEY concept to “Going Galt” is to ruthlessly and quickly drive the Laffer Curve down on anything that is taxed.

Who Pays Taxes?Since the institution of individual income taxes in the 1900’s, the “rich” have paid an increasingly lopsided share of all taxes collected in the US. Right now:

While this disparity has been rightly viewed as unjust by reasonable observers, “Going Galt” would actually leverage this disadvantage into a huge advantage in short order.

Want an example?

New York State recently enacted a number of measures to increase taxes on the rich, but lo and behold, the expected income has not come in, and revenues are even further down than predicted. Why? Some of the rich curtailed their investments in NY, while others (including some high-profile millionaires) just left the state. Good for them! Hopefully more will follow suit.

I plan to delve into “whipping the curve” in much more depth in later article(s).

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