Back in the nineties, the short megalo Gingrich drew a four million advance from Murdoch. The book was to be standard fascist drool, lists about corporate godism or something. Incidentally, on another front, unbeknownst to either of them, there was in Congress a move to allow bloated tycoons to own more and more of everything newsy in every city.
Let's apply Forbes' flat-tax philosophy to this book thing, shall we?
Which scenario is more of a burden to the individual in each scenario:
a.) Billionaire buys 1,000 copies of this shitty book for $17,160.
or
b.) One of Forbes' furloughed copy editors earning $37,000 buys the exact same number of books for the exact same price.
You see? Real equality! The financial burden of these men are exactly the same!
Flat tax rules!
Excelsior!
And as far as the poor copy editor making ends meet:
CHARITY, people.
Charity is the solution.
For example:
Instead of big guv-mint redistributing these books to the poor, the billionaire should have the personal freedom to donate the extra 999 copies *out of his own personal choice* to the furloughed copy editor -- who can then burn these books in his Franklin stove for heat during the winter months!
@Gosukusan:
If the books are expensed, then then the cost of them is written off on Forbes. Inc taxes.
We, the taxpayers pick up 50% of the cost & Silly Steve gives the books away as gifts for buy a subscription to his dieing & doomed mag!
Had one of Forbes peer publications given me the opportunity to take a 10% pay reduction instead of laying me off the week before my kid was born, I would have taken it. I think it's a creative way to avoid layoffs and something more available to privately held companies than to those whose shareholders demand layoffs at the first sign of trouble.
@mfnher: It depends how they handle it. At Gannett (at least for the papers I know people at, in two different states), it's a forced full week off without pay, all at once. Each time it's required--and it's rumored to be going quarterly--my in-laws try to pay all their bills and huge medical expenses on a half-paycheck with both weeks of insurance deducted.
@Better to Eat You With: Ugh. That sounds awful. I work for a university. They announced that over a five month period we had to take ten days. They just deduct what would be a day's worth of pay from every paycheck (we get paid twice a month). It's not so bad; my laundry is actually starting to get folded and put away in the same day!
12/04/09
12/04/09
08/15/09
The book bidness, it used to mean something.
08/15/09
08/15/09
Which scenario is more of a burden to the individual in each scenario:
a.) Billionaire buys 1,000 copies of this shitty book for $17,160.
or
b.) One of Forbes' furloughed copy editors earning $37,000 buys the exact same number of books for the exact same price.
You see? Real equality! The financial burden of these men are exactly the same!
Flat tax rules!
Excelsior!
And as far as the poor copy editor making ends meet:
CHARITY, people.
Charity is the solution.
For example:
Instead of big guv-mint redistributing these books to the poor, the billionaire should have the personal freedom to donate the extra 999 copies *out of his own personal choice* to the furloughed copy editor -- who can then burn these books in his Franklin stove for heat during the winter months!
08/15/09
08/15/09
Does not compute
08/15/09
08/15/09
If the books are expensed, then then the cost of them is written off on Forbes. Inc taxes.
We, the taxpayers pick up 50% of the cost & Silly Steve gives the books away as gifts for buy a subscription to his dieing & doomed mag!
08/15/09
04/01/09
04/01/09
04/01/09
04/01/09
But your situation sounds kinda great.
04/01/09