Mike was enjoying the lecture. Macroeconomics. Who knew? He was not sure how else to convey the graphs their professor sketched out on the board, so he did his best to describe them in words.
“Let’s see if anyone has done the reading… Who here can tell me what the Laffer curve is?”
Mike raised his hand.
“Mr. Murdock?” Mike couldn't help but feel a bit of a thrill at his name being called.
“It’s a representation of the relationship between rates of taxation and the resulting levels of government revenue. It is used to explain why a tax increase may reduce taxed activity and raise less revenue or why a tax cut may increase taxed activity and raise revenue more than predicted.”
“Excellent.” The professor nodded and turned towards the board to draw a graph.
“This graph will show that if the tax rate were 0%, the government would not collect any tax revenue. This makes sense from a mathematical standpoint. However, if the government were to tax 100% of all revenue… The government would also receive 0% tax revenue… As no one would be willing to work.” The professor draws a curve that begins and ends at zero. “The exact shape of the curve is disputed. However, it shows the positive impact that a lower tax rate can have on work, output, and employment, as it provides financial incentives to increase these activities…”
Mike continues to take notes for Matt, still tickled pink that he had an opportunity to participate in class. He realizes that he’s grinning from ear to ear and tries to school his face to appear a little more bored and a little sicker. He coughs once into his elbow for good measure.
While he’s chiding himself for behaving like such a nerd, it hits him… Did I remember to speak like Matt? He feels a bit of panic, but tries to dismiss it. The professor didn’t seem phased by his accent. Did Foggy notice anything? He tries to look at Foggy without looking like he’s looking.
As he is staring at the back of Foggy’s head, Mike swears he must have felt his eyes on him. Foggy turns around in his seat to look at “Matt”. Their eyes meet. Thankfully, Mike is wearing his glasses, so Foggy is none the wiser. Foggy’s facial expression shows concern. He’s worried about Matt.
Mike feels glad his brother has someone else looking out for him. He’s been worried that Stick could return at any moment and then… And then he may need to keep his distance again. At least Matt’s not going to be on his own this time.
Mike feels guilty about how he occasionally has to stay away from his brother to protect him. Stick says that in order to be good at what they do, they have to cut all personal ties. But, that’s not why he does it.
Being honest with himself, Mike realizes that he will also miss Foggy when the time comes. They have had some good times together. Even with him thinking he’s Matt, he’s still probably the best friend he’s had in years.
Mike realizes that while he was lost in his thoughts he may have missed something. He needs to focus. Otherwise, why come to class? Stick’s not back yet. It’s time to enjoy the now. Mike smiles as he continues to type more notes.
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timeasmymeasure
Re: Where Matt has a real identical twin named Mike who is sighted and is Daredevil
Date: 2016-07-11 06:03 am (UTC)“Let’s see if anyone has done the reading… Who here can tell me what the Laffer curve is?”
Mike raised his hand.
“Mr. Murdock?” Mike couldn't help but feel a bit of a thrill at his name being called.
“It’s a representation of the relationship between rates of taxation and the resulting levels of government revenue. It is used to explain why a tax increase may reduce taxed activity and raise less revenue or why a tax cut may increase taxed activity and raise revenue more than predicted.”
“Excellent.” The professor nodded and turned towards the board to draw a graph.
“This graph will show that if the tax rate were 0%, the government would not collect any tax revenue. This makes sense from a mathematical standpoint. However, if the government were to tax 100% of all revenue… The government would also receive 0% tax revenue… As no one would be willing to work.” The professor draws a curve that begins and ends at zero. “The exact shape of the curve is disputed. However, it shows the positive impact that a lower tax rate can have on work, output, and employment, as it provides financial incentives to increase these activities…”
Mike continues to take notes for Matt, still tickled pink that he had an opportunity to participate in class. He realizes that he’s grinning from ear to ear and tries to school his face to appear a little more bored and a little sicker. He coughs once into his elbow for good measure.
While he’s chiding himself for behaving like such a nerd, it hits him… Did I remember to speak like Matt? He feels a bit of panic, but tries to dismiss it. The professor didn’t seem phased by his accent. Did Foggy notice anything? He tries to look at Foggy without looking like he’s looking.
As he is staring at the back of Foggy’s head, Mike swears he must have felt his eyes on him. Foggy turns around in his seat to look at “Matt”. Their eyes meet. Thankfully, Mike is wearing his glasses, so Foggy is none the wiser. Foggy’s facial expression shows concern. He’s worried about Matt.
Mike feels glad his brother has someone else looking out for him. He’s been worried that Stick could return at any moment and then… And then he may need to keep his distance again. At least Matt’s not going to be on his own this time.
Mike feels guilty about how he occasionally has to stay away from his brother to protect him. Stick says that in order to be good at what they do, they have to cut all personal ties. But, that’s not why he does it.
Being honest with himself, Mike realizes that he will also miss Foggy when the time comes. They have had some good times together. Even with him thinking he’s Matt, he’s still probably the best friend he’s had in years.
Mike realizes that while he was lost in his thoughts he may have missed something. He needs to focus. Otherwise, why come to class? Stick’s not back yet. It’s time to enjoy the now. Mike smiles as he continues to type more notes.