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> We have income earned by labor, and "income" expropriated as a Rentier - rent, interest, profit. We know this as workers pay higher taxes on their earned inco
by tathougies 8y ago
> We have income earned by labor, and "income" expropriated as a Rentier - rent, interest, profit. We know this as workers pay higher taxes on their earned income than heirs do for their unearned income.
It is incredibly difficult to interpret this as a critique of what the commenter wrote, when he explicitly called for a flat tax rate.
- svachalek 8y agoIt refers to a flat tax on income and wages, which matter little to the wealthy. Capital gains are where the real money lies, and they're so hard to define that you can't call "no loopholes" on them.
- tathougies 8y ago> Capital gains are where the real money lies, and they're so hard to define that you can't call "no loopholes" on them. Well the government does quite the job right now and also taxes them at a lesser rate.