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(35,926 posts)
1. When we started to value capital over labor was the starting point.
Fri May 16, 2014, 10:59 AM
May 2014

Money made from capital should be taxed higher for the very reason that it is not earned by an exchange of one's time, one's life, like labor is.

I think we're going to go the way of #2: stagnation. I just don't see the rich & average republican Americans supporting a progressive tax structure & taxing investment like or more than labor. Even the ones in the shrinking middle class will chortle against raising taxes.

Good commentary. I would love to see the responses it would get on the new site.

The Dirty Secret of a Great Economy [View all] ProfessorPlum May 2014 OP
When we started to value capital over labor was the starting point. CrispyQ May 2014 #1
Thanks! ProfessorPlum May 2014 #4
I fear you are right about the US drifting toward #2... Wounded Bear May 2014 #5
A simplified, but accurate description IMHO... Wounded Bear May 2014 #2
That's a brilliant analogy ProfessorPlum May 2014 #3
Thanks... Wounded Bear May 2014 #6
Kick... Wounded Bear May 2014 #7
Take a peek at the same thread on the new site: CrispyQ May 2014 #8
And thanks for the idea ProfessorPlum May 2014 #9
Self-kick ProfessorPlum May 2014 #10
K&R nt laundry_queen May 2014 #11
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