"Why is capital more important than wages?"
Hell if I know.
How one gets his or her money seems irrelevant to me, just as how one spends his or her money seems irrelevant to me.
This is why I favor some kind of simple, direct, no exemptions/no loopholes, point of purchase tax (to replace ALL others)...tax the transactions (ALL of them, for EVERYONE), not the method of making money, or the amount made, or way it's spent.
I know damn well that'll never happen (supposedly regressive on the 'poor'; the 'rich' pay like everyone else*; those in government don't get nearly the revenue they want).
*And the appetites of the 'rich' are, well, just plain more 'expensive' than those of the 'poor'...they'll pay more and they won't like it.
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like the other guy sez: 'not really back, blah-blah-blah...'
Last edited by henry quirk; 10-12-2011 at 03:38 PM.
Reason: expansion
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