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The next logical step is to increase taxes on capital, starting with an increase in the capital gains tax. Of course the Economist doesn't mention this... EDIT
by hudibras 13y ago
The next logical step is to increase taxes on capital, starting with an increase in the capital gains tax.
Of course the Economist doesn't mention this... EDIT: Oops, maybe they did. Good for them.
- bodyfour 13y agoThere was also a piece in the leaders section (i.e. the more "editorial" area) of this week's issue on this topic. There they specifically call for "a narrowing of the difference between tax rates on individuals' income from capital and labor"