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links for 2010-12-23

  • Quote:"Could Western Civilization’s commitment to equal human dignity—a commitment that is approved by liberal and conservative, progressive and traditionalist, secularist and believer—have developed in the absence of Christianity? It is impossible to say. We cannot rewind and run history over again from the beginning. The moral development of civilizations, the work of centuries and millennia, is not an experiment that can be replicated and its results confirmed. We can only say that the development of the idea of equal human dignity was bound up with the propagation of Christianity in the West, and that we cannot know for certain whether that moral idea can survive without its religious support. Perhaps this is reason enough for secularists to allow and even encourage the ongoing public celebration of Christmas as a religious holiday.
  • (tags: economics)
  • Quote:"The obvious solution then would be to lower taxes to the point that corporations would not ship/invest/shield/deposit/etc., their money offshore, but rather HERE. You would have the same corporate tax revenue (actually more, because they'd be repatriating their funds back to the US) because there would be no change in the effective tax rate. It's just that in lowering the statutory tax rate to the same level of the effective tax rate corporations would redirect their money flows. One might think about giving them an extra percent or two just to make it worth their while to repatriate the funds here, so a statutory rate of say 15% would be in order.
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