re: #396 windsagio

actually hows this:

I apologize for challenging your supposition that all unearned income shouldn’t be taxed. How selfish of me.

Ahem - it should be taxed once. Typically, if your share of stock pays the corporate income tax, your return is net of tax already. Cap gains tax, or dividend taxes, or variations on the theme are essentially taxed.

We also have the net benefit of foreigners throwing money at our economy on the condition that our investment tax burden remains low. Plenty of other countries are getting their act together and competing for international capital.