Re: LOTR and 20th Century Western European Prejudices

In article <[EMAIL PROTECTED]>, smw
<[EMAIL PROTECTED]> wrote:

> Jeffrey C. Dege wrote:
> 
> > On Thu, 04 Dec 2003 01:19:22 GMT, smw <[EMAIL PROTECTED]> wrote:
> > 
> >>Jeffrey C. Dege wrote:
> >>
> >>
> >>>That's what comes from having high marginal income tax rates - you can't
> >>>attract the best people by paying them more, because they wouldn't get
> >>>to keep any of it.  
> >>
> >>I'm paying more in property tax in Ann Arbor than I ever paid in federal 
> >>taxes in Germany.
> > 
> > 
> > Property taxes are far less distorting to economic activity than are
> > high marginal rates on income taxes.
> 
> I can see you know nothing about Ann Arbor, either.

or what property taxes do to business in california