Debt is not income, and no, it should not be taxed as such. Do close the tax loopholes. Do fix the perverse incentives to sink money into stock speculation rat

Debt is not income, and no, it should not be taxed as such. Do close the tax loopholes. Do fix the perverse incentives to sink money into stock speculation rather than reinvestment (goods, labor, new production). Fix the input, don't try to equalize the output with destructive measures.