Wednesday, January 13, 2010
Comment on PJM, Zombie:
"From Each According to His Ability:
“Progressive Pricing” Coming Soon
to a Nation Near You"
For some time I have dreamed of starting a private school and setting tuition to a percentage of the family’s AGI.
Regarding the speeding ticket for the rich. Anatole France was correct, “The law in its infinite majesty forbids the rich as well as the poor to sleep under bridges, to beg in the streets and to steal bread.” The fine should be issued in terms of labor demanded. If the punishment for a 100 km/hr over the limit speeding ticket is (5 hrs labor)/(speeding unit) or 500 hrs of labor then the law could allow the offender to buy back their time at a rate that is income dependent. A poor person could buy back their time at the rate of €1/hr and a rich person at the rate of €100/hr. That would allow uniformity in the allotment of punishment and flexibility in the collection of fines.