I said I prefer a financial transaction tax. That is not an income tax, but something that taxes (at a reasonable rate) the churn in our stock markets. It gre

I said I prefer a financial transaction tax. That is not an income tax, but something that taxes (at a reasonable rate) the churn in our stock markets. It greatly dissuades front-running and HFT. It hits the corporates and rich where they actually care (passive gains), while not increasing the tax load of anyone's income (active renumeration).