re: #182 schnapp

my view isn’t extremist at all on unearned income taxation. the scandinavian countries tax capital income at a lower rate than labour income. the treasury review into australia’s tax system recommended a dual income tax system or large deductions on capital income. just because you don’t understand the reasoning, it doesn’t make it “extremist”.

Do you understand the difference between saying “Taxes on unearned income should be lower than on earned income” and saying “taxes on unearned income like capital are the worst types of taxes”?

Do you understand that saying “Other countries do it” isn’t actually an argument either?

Denmark has a capital gains rate of 45%, barely below the top individual tax of 51%. Sweden has a capital gains tax of 30%, and individual taxes are 31% with deductions.

I think you’re thinking of Norway, not Scandinavia.

and yes it is higher productivity creating those new jobs. higher productivity in the economy as a whole.

This is called an assertion. It is not an argument. Can you make an argument?