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Steve, <br>
Congratulations on the interesting gig. Hope you were well paid. <br>
<br>
Thomas Sowell has demonstrated that the inflated home values in your
area are an artifact of liberal economic policies that primarily harm
the middle classes. By limiting building permits and outlawing
high-rise housing, the Bay area has created an artificially high cost
of housing. Sowell can be read on:<br>
<a class="moz-txt-link-freetext" href="http://www.townhall.com/columnists/thomassowell/archive.shtml">http://www.townhall.com/columnists/thomassowell/archive.shtml</a><br>
A typical take on property rights: <br>
<a class="moz-txt-link-freetext" href="http://www.townhall.com/columnists/thomassowell/ts20041229.shtml">http://www.townhall.com/columnists/thomassowell/ts20041229.shtml</a><br>
<br>
Steve Hovland wrote:<br>
<blockquote type="cite"
cite="mid01C54437.04ACA300.shovland@mindspring.com">
<pre wrap="">I spent several hours yesterday photographing
the wine cellar of a home in Atherton that is
on the market for $10.5 million.
It's not middle class :-)
Steve Hovland
<a class="moz-txt-link-abbreviated" href="http://www.stevehovland.net">www.stevehovland.net</a>
-----Original Message-----
From: G. Reinhart-Waller [<a class="moz-txt-link-abbreviated" href="mailto:SMTP:waluk@earthlink.net">SMTP:waluk@earthlink.net</a>]
Sent: Monday, April 18, 2005 12:44 PM
To: The new improved paleopsych list
Subject: Re: [Paleopsych] The rich get more benefits
San Francisco, like the rest of California, is unreal when it comes to
property values. My guess is that no home owner needs to perform
"spring clean up and repair" since winter with its break, crackle and
peel, never arrives. This means that a second mortgage can go to
expansion and updating of existing home rather than necessary
repairs. High property values also promote high wages in most
industries so that the lure of 6 figures could be reason enough to have
a newly minted MBA from a top east coast uni. make the move west.
Residents of Brentwood, home to O.J.Simpson and Arnold Schwarzenegger,
consider themselves living a middle class life yet most live in homes
valued higher than $10.5 million. Not only is the concept of "class"
relative, so is geographic location.
Gerry Reinhart-Waller
Steve Hovland wrote:
</pre>
<blockquote type="cite">
<pre wrap="">I certainly think that $500,000 and up qualifies as
rich, but not $100,000. In San Francisco a family
needs about $80,000 to cover the basics of middle
class life.
A lot of people are, in money terms, a lot less
middle class than they think. That's why some
of us say "they" are trying to destroy the middle class.
Steve Hovland
<a class="moz-txt-link-abbreviated" href="http://www.stevehovland.net">www.stevehovland.net</a>
-----Original Message-----
From: G. Reinhart-Waller [<a class="moz-txt-link-abbreviated" href="mailto:SMTP:waluk@earthlink.net">SMTP:waluk@earthlink.net</a>]
Sent: Sunday, April 17, 2005 4:32 PM
To: The new improved paleopsych list
Subject: Re: [Paleopsych] The rich get more benefits
You really mean that rich is over $10 million/yr.? If that's rich, then
what is poor.....income of $100k per year?
This does leave me flabbergasted....my family and I must be existing way
below the poverty level. And yes, our family continues paying taxes.
Gerry
Steve Hovland wrote:
</pre>
<blockquote type="cite">
<pre wrap="">I think rich is more like over $10 million per year-
the Forbes list and a bunch of people who don't
want us to know how much money they have.
The government is part of the economy. Taxes
paid to the government do not drain the economy.
They merely shift money from one part of the
economy to another. This shifting increases the
velocity of money, which causes the economy
to grow.
Many private enterprises get a significant portion of
their revenue from the taxes paid to government. On
the right there is a lot of hypocrisy about this.
Steve Hovland
<a class="moz-txt-link-abbreviated" href="http://www.stevehovland.net">www.stevehovland.net</a>
-----Original Message-----
From: Lynn D. Johnson, Ph.D. [<a class="moz-txt-link-abbreviated" href="mailto:SMTP:ljohnson@solution-consulting.com">SMTP:ljohnson@solution-consulting.com</a>]
Sent: Sunday, April 17, 2005 10:12 AM
To: The new improved paleopsych list
Subject: Re: [Paleopsych] The rich get more benefits
Actually, the rich already pay most of the taxes, if you call rich
people above $100k/yr. So any tax cut will affect them simply because
that is where the taxes are. Taxes are a drain on the economy, so tax
cuts make all people - even poor and middle class - better off.
Steve Hovland wrote:
</pre>
<blockquote type="cite">
<pre wrap="">They have used their money to buy politicians
who vote tax reductions for them. All of the tax
cuts under Bush are of this character.
Steve Hovland
<a class="moz-txt-link-abbreviated" href="http://www.stevehovland.net">www.stevehovland.net</a>
-----Original Message-----
From: G. Reinhart-Waller [<a class="moz-txt-link-abbreviated" href="mailto:SMTP:waluk@earthlink.net">SMTP:waluk@earthlink.net</a>]
Sent: Saturday, April 16, 2005 6:53 PM
To: The new improved paleopsych list
Subject: Re: [Paleopsych] The rich get more benefits
Yes they should. Any idea why they find themselves outside the economic
law? I certainly don't.
Gerry Reinhart-Waller
Steve Hovland wrote:
</pre>
<blockquote type="cite">
<pre wrap="">So they should pay more taxes.
Steve Hovland
<a class="moz-txt-link-abbreviated" href="http://www.stevehovland.net">www.stevehovland.net</a>
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