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Spiritual Gains, Material Losses

Dividends, cuts and biases. The philanthropic George Harrison. Losing sleep over Democrats. Has anyone walked down Clinton's street before? Plus much more.

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/p>

A great and timely article.

Please check on this. Last night (Monday), on NBC's evening news with Tom Brokaw, the following was presented:

In discussing the income tax cut plan, they interviewed a college professor who presented this example, purported to show how the "average" taxpayer definition can be misleading.

Ten taxpayers, one of whom is Bill Gates, nine other ordinary citizens.

Bill had an income of $1,000,000, and each of the others had income of $30,000. The professor then, on a chalkboard, summed the incomes, arriving at a total of $1,270,000. She then made the statement that the average income was over a million dollars.

I had been reading while listening, and didn't pay much attention until I heard that last assertion. I looked, but couldn't see the chalkboard math that resulted in that average; I was also sorry that I missed the name of the college at which this professor mangled her math. I still can't believe that I heard what I think I heard.

Perhaps you could check on this, and if my recollections are correct, obtain a copy of the broadcast. If possible, it should be rerun daily somewhere (Fox News?) every time the discussion of media bias arises.

p>Regards, br> -- Richard Renken /p> p> THE BEST POST-BEATLE br> Re: Paul Beston's
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