Lobbyists know that a 0 percent tax rate on capital income is not, in fact, the lowest possible rate. There can be negative tax rates. There can be subsidies. There can be allowances for depreciation. Lobbyists are adaptive creatures.
Joel AchenbachGirls were nice to me in the same way that they would be nice to a hamster. I fantasized about wild encounters with females but knew they'd never happen unless my own involvement could somehow go undetected.
Joel AchenbachYou might declare that global warming and energy insecurity, not to mention urban sprawl and pollution, have intensified the sin of indulging one's motoring desires. And I would not argue with that point. You're right. I am a bad man. But over the long term, if you want to develop a new transportation and energy policy, you'd probably want to err on the side of assuming that people won't change much. And it is human nature to like to be empowered.
Joel Achenbach