Posted 5 years ago on Nov. 20, 2012, 6:39 a.m. EST by factsrfun
from Phoenix, AZ
This content is user submitted and not an official statement
What with inheritance hardly being taxed at all and investment income mostly getting a pass too the concentration of wealth has become the biggest problem we got.
Now what we need is a removal of all special treatment for investment income coupled with a return to norms on upper income taxes, to unblock the money and get this economy going again. Examples of the blockage are:
And all the money held in government debt, after all isn’t that government debt just government saying we won’t tax you, we’ll just borrow from you instead?