Readers' Comments

Reader Comments on Aardvark Daily 25 Oct 2000
From: Joe Dydowicz
For : The Editor (for publication)
Subj: The election's over...

And so are the promises..

Did you expect they would stand by them?...
I've listened to you Bruce spinning your wheels about this
for countless months, you should be commended for it. BUT
its obvious that the gov't doesnt want a "new economy", the
rich will get richer on OVERSEAS investement and the poor
will just fade away.

I gave up stating anything about it because they won't pull
the smelly finger out till its to late, and then wonder why
NZ has become a 4th world country..

Enough ranting from here, dosen't do any good..



From: Rob K
For : The Editor (for publication)
Subj: Government time vs New Economy

"Gov't Time" vs "KBE Time" is a shift in paradigm that is
lost on constitutional processes in the US; I'm sorry to
see it is lost on your government as well.

To pass a law, it is a painstakingly slow (and I believe
necessary) process.  It requires review, debate, analysis
of impact, PUBLIC REVIEW AND COMMENT, and finally
implementation.  Of course, this is the short version.
Once a law is passed, a beauracracy must be formed to
develop implementation.  All of this takes time.

The frame of reference for a government not in a national
security crisis is months and years, if not decades.  The
frame of reference for a Knowledge Based Economy is that of
thousandths of a second (for example: the unit of measure
when pinging).  You can't get a government beauracracy to
move that fast overnight.

The solution?  Tax law should be simple.  If you spend
money to make money, you shouldn't be taxed on it.  If you
spend knowledge to make knowledge, you shouldn't be taxed
on it either.  What's the profit margin to either one of
these?

Rob K
Baton Rouge, LA
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