Capital gains should be taxed HIGHER than labor.

[freshwest]

19. Perhaps because the outcome would be the same for the US Treasury?

One of the familiar arguments for the avoidance of the taxes is that for the person who has worked, and then invested the results of their work, they are being 'taxed twice.' Do you see any justice in that claim?

Although I believe our system has been gamed by speculators to create this mess. But it has been done many times in the past, causing recessions and depressions back in the 1800's and they were called out on it every time. But it was written up to 'the business cycle,' as if it was a force of nature or an Act of God, and allowed to build up every time.

That is, until FDR expanded the role of government to regulate and prevent from happening. As that generation has passed away after learning those lessons, the Reagan generation knows nothing but the free market swill pushed out by the Koch think tanks. They don't accept the notion we should tax, regulate the markets, the banks, wages, working conditions, etc.