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CrispyQ

(36,461 posts)

1. When we started to value capital over labor was the starting point.

Reply to ProfessorPlum (Original post)

Fri May 16, 2014, 11:59 AM

May 2014

Money made from capital should be taxed higher for the very reason that it is not earned by an exchange of one's time, one's life, like labor is.

I think we're going to go the way of #2: stagnation. I just don't see the rich & average republican Americans supporting a progressive tax structure & taxing investment like or more than labor. Even the ones in the shrinking middle class will chortle against raising taxes.

Good commentary. I would love to see the responses it would get on the new site.

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Highlight:

The Dirty Secret of a Great Economy [View all] ProfessorPlum May 2014 OP

When we started to value capital over labor was the starting point. CrispyQ May 2014 #1

Thanks! ProfessorPlum May 2014 #4

I fear you are right about the US drifting toward #2... Wounded Bear May 2014 #5

A simplified, but accurate description IMHO... Wounded Bear May 2014 #2

That's a brilliant analogy ProfessorPlum May 2014 #3

Thanks... Wounded Bear May 2014 #6

Kick... Wounded Bear May 2014 #7

Take a peek at the same thread on the new site: CrispyQ May 2014 #8

And thanks for the idea ProfessorPlum May 2014 #9

Self-kick ProfessorPlum May 2014 #10

K&R nt laundry_queen May 2014 #11