Quote:
Originally posted by Greedy,Greedy,Greedy
Once you acknowledge that it makes sense for gains not be taxed favorably compared to wages, the question should be what the rate should be.
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I left that barn door opening trying to goad someone into saying we should tack them all to the higher rate.
BTW, I would agree with utilizing a median rate. Lower the tax on wages and modestly increase the tax on cap gains. That would be an excellent compromise because it would blend the two forms of income conceptually, so when somebody tried to later argue for an across the board tax increase the workers and the investors would be unified in saying no. And it would go a long way toward defusing the class warfare antics of loathsome degenerates like John Edwards.
