One of the red flags that a site has been hacked or spoofed is that you find grammatical or spelling errors that are out of the ordinary, and that make a message hard to read. Did anyone else notice the most recent message on the front page seems to have such errors? For example, "the lookup of result in process", "hosts being assigned large number or [of?] results to compute", and "The host. think it received", among others. These are not normal for the seti@home front page or any technical message one usually finds on the site.

OR it could have simply been that Eric was tired on a Sunday when he composed that posting and was more concerned with getting the info out than worrying about being grammatically correct..........

. . . but lawyers are special bottom feeding scum. :)

Gary used the tax code to define economic terms.

Economics is a science not a tax code.

Gary, what that says is that the tax code ignores economics but seriously effects economics.

Gary, we've had this discussion before, a home is not capital.

The purchase of stock directly from the issuing company does create capital and probably deserves special treatment, The speculative purchase of existing stock does not deserve the same treatment.

Regarding the very wealthy spending more of what they have -- actually that seems on its face to be not so true. It would seem to me that a larger proportion of earnings at the low to upper middle income levels get spent for goods and services that at the very wealthy side. I don't see encouraging the extremely wealthy to accumulate even more wealth as being all that good for the economy -- rather that simply takes money out of the economy.

The capital gains tax rate is a special case where capital gains are taxed at a lower rate because the government wants investment in publicly traded companies and because the money used to invest has already been taxed as income by the investor and the capital gains have been taxed as income to the corporation.

A fact to consider is that when one purchases stock in a publicly traded company no new capital is created only the ownership of existing capital. I ask how is that an investment? The strict definition of an investment is the creation of new capital.

lower capital gains taxes on stocks and investments has had no effect on investments in the last 40 years.

One could argue that higher Capital gains taxes encourage continued investments in a stock. Moving the stock would cause one to incur the tax. Leaving in one place reduces ones exposure to the tax.

A lower tax could also be a cause of market volatility as investors see a small tax as less of a burden than losing a money on a stock in the short term.