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David Frum Replies to Vindictive Blogger John Hawkins

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KingKenrod6/29/2010 1:29:14 pm PDT

re: #9 Obdicut

I’d like to note that Forbes favors a form of taxation that exempts all unearned income from taxation.

He is the last person to trust on financial reform.

Such a scheme (not taxing unearned income) would quickly lead back to the boom and bust cycle that was a “feature” of capitalism prior to the Great Depression.