9-19-2012

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The Daily Free Press

Year xlii. Volume lxxxiii. Issue XI

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Wednesday, September 19, 2012 The Independent Student Newspaper at Boston University

LET’S GET PHYSICAL GOOD WILL Larceny drops 26 percent BU bodybuilding on campus since Jan. 2011, club promotes healthy page 3. lifestyles, page 5.

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HOLY COW

By Amelia Pak-Harvey Daily Free Press Staff

Reductions in the tax rate for the highest-earning individuals and corporations do not spur economic growth, a recent report shows, contradicting the political rhetoric that insists low tax rates for “job creators” are necessary for a healthy economy. A new report released on Friday by the Congressional Research Service found that reductions in the top marginal tax rate and the top capital gains tax rate do not have a significant impact on economic growth. “Changes over the past 65 years in the top marginal tax rate and the top capital gains tax rate do not appear correlated with economic growth,” wrote Thomas Hungerford, a specialist in public finance for the CRS and the author of the report. “Analysis of such data suggests the reduction in the top tax rates have had little association

AMELIA PAK-HARVEY/DAILY FREE PRESS STAFF

Mass. Rep. Elizabeth Malia, chair of the joint committee on Mental Health and Substance Abuse, speaks at the 22nd Recovery Month celebration at the Massachussetts State House Tuesday morning.

protected from prosecution when reaching out for help in an overdose emergency. “This language, I believe, will save many lives,” he said. DeLeo said the Fiscal Year 2013 budget also increased substance abuse service by about $2 million to $77.2 million total. DeLeo said he had to attend three funerals within a three-week period of time this summer, each one mourning a young person who overdosed.

with saving, investment or productivity growth.” The findings, which were reached using statistical analysis of the U.S. tax system beginning in 1945, compared the tax rate for the highest income-earners in the 1940s, which was 90 percent, with the present highest tax rate, which was 15 percent. The study then compared the percentage of gross domestic product growth to the marginal tax rates, finding no significant correlation between the two. Hungerford wrote that the top tax rate reductions are, however, associated with an increasing concentration of income for the top income class. “The share of income accruing to the top 0.1 percent of U.S. families increased from 4.2 percent in 1945 to 12.3 percent by 2007,” he said in the report. In an August poll by the Pew Research

Youth want jobs, not protests, survey suggests By Chris Lisinski Daily Free Press Staff

About one year after the beginning of the Occupy movement, a new survey suggests more young Americans would rather snag a job on Wall Street than protest against it. Only 26 percent of surveyed Americans between the ages of 18 and 29 would prefer protesting with Occupy Wall Street, according to a press release distributed on Monday by Generation Opportunity. The release surveyed 1,003 adults between the ages of 18 and 29 from July 27 to July 31. The majority of respondents in the survey said they would prefer working on Wall Street instead. “Amidst their frustrations and disappointments, the overwhelming majority of Millennials view the poor economy and lack of leadership by elected officials as the true sources of their problems — not fellow Americans who work on Wall Street,” said Paul Conway, president of Generation Opportunity, in the release. Young Americans do not see anger as the way to fix the economy, Conway said in the

Today: Partly cloudy/High 69 Tonight: Partly cloudy/Low 49 Tomorrow: 67/49 Data Courtesy of weather.com

BU students not concerned about stolen identities By Emily Overholt Daily Free Press Staff

“I don’t know if you realize, but there was a time when I was getting more calls to get people into treatment than I was for getting kids into college,” he said. “That’s why I’m so passionate about this issue. I think you should be as well.” Mass. Lt. Gov. Timothy Murray encouraged the crowd to speak up on recovery opportunities.

Recovery, see page 2

Tax cuts for wealthiest do not stimulate economy, study shows By Jasper Craven Daily Free Press Staff

WEATHER

BU men’s soccer wins against Holy Cross Tuesday page 8.

Hundreds celebrate National Recovery Month at State House Massachusetts House Speaker Robert DeLeo told more than 200 recovering addicts, state officials and high school students that addiction is “the forgotten issue” in politics during the National Recovery Month gathering on Tuesday. “This is the issue that’s really behind so many other issues that we have as a city, as a state, and as a country,” DeLeo said at the celebration at the State House. National Recovery Month was created to raise awareness about the issues still facing the recovery and outreach process. The 22nd recovery month celebration was sponsored in part by the Massachusetts Organization for Addiction Recovery, an organization that helps people with substance abuse in the recovery process. DeLeo said no matter where he goes in the state, addiction is the issue he hears about most often. “It’s an issue that touches everybody,” he said. “I’ve heard countless stories about loved ones and the feat of dependency and addiction.” But this year, the Legislature passed laws that increase awareness of the dangers of prescription drugs, cracks down on prescription drug fraud and increases access to treatment at substance abuse service, he said. DeLeo said 911 callers are also now

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press release. “Young Americans reject the cynicism and angry theatrics aimed at those who can create more full-time jobs,” he said. “Instead, they simply want positive solutions that grow the economy and create more opportunity for all Americans.” Boston University College of Arts and Sciences senior Brandon Wood, an organizer for BU Occupies Boston, said anger in the protests was a justifiable reaction to conditions. “Anger and rage have a place,” he said. “All the emotions and responses we got with Occupy were perfectly justified at the beginning, that initial surge. It’s a public display of all the conversations around dinner tables that all Americans have been having.” Wood said the protests were empowering for those who participated. “What was empowering at the beginning of Occupy [Boston] was going into the street [and] having conversations with people

Millenials, see page 2

Center, 58 percent of respondents said wealthier citizens pay too little in taxes. President Barack Obama proposed higher tax rates for those making $250,000 and more in July, but no legislation has been passed. However, Republican presidential candidate Mitt Romney has said in the past that tax hikes choke off economic growth. Sambuddha Ghosh, an assistant professor of economics at Boston University, said in an email that this is a case in which people need to look at the data and see what is actually happening. “One case that the Republican side is often trying to make is that we should not tax the rich more because they would cut back on investment and jobs, to the detriment of the common man,” Ghosh said. Economic theories state that tax hikes will reduce income concentration for the

While identity theft is a major problem nationally, a number of Boston University students said they do not worry about it. “I realize that it could happen easily, but so could a hurricane,” said Kathleen McKay, a College of Arts and Sciences freshman. “There is nothing you can do about either. I think everyone knows how to prevent identity theft.” The U.S. Federal Trade Commission collects more reports of identity theft from those aged 20–29 than any other age range, according to a Reuters report published Thursday. However, BU Police Department Detective Lt. Peter DiDomenica said they only handle about a dozen cases of identity theft a year. “We haven’t really seen that much of it overall, so I would say it’s not a major issue although it does come up occasionally,” he said. “It depends on how broadly you define identity theft. If someone steals a credit card and uses it, that’s technically identity theft, although I think what people think of when they think identity theft is taking over your personality and applying for loans and using your credit.” DiDomenica said very few cases of strict identity theft occur, but larcenies of wallets and purses often end in others using the victim’s credit cards and debit cards. Emillie Ficarra, a College of General Studies freshman, said she does not normally make purchases with credit cards and is cautious, but said there could be more information available for how students can protect themselves. “We could probably use a little more proactive information, such as meetings or even pamphlets, so we can better protect ourselves against the possibility of it happening,” she said. BU separated financial information from student’s information about residences, said BU spokesman Colin Riley. “It’s all preventative, it’s all to make sure that student’s information isn’t compromised but the danger exists,” he said.

Theft, see page 2

Cuts, see page 2

RACK CITY

MICHELLE JAY/DAILY FREE PRESS STAFF

College of General Studies sophomore Brandan Hairston dons a bra as he hands out fliers about breast cancer awareness in front of Marsh Chapel Tuesday afternoon.


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