[quote=flu][quote=CA renter] With all due respect…Some people aren’t as lucky as you who have a guaranteed government pension that doesn’t need to self-manage their own finances you know… Some people actually have to “work” to have their money grow….Think about that one….[/quote]
Flu,
I do manage our own investments and the bulk of our money came from investments. If taxes were fair across all types of income, we wouldn’t have such a huge disparity in income/wealth in this country. Taking it further, if wages were taxed at a lower rate than investment income, workers would actually be able to dramatically narrow the wealth/income gap between labor and capital. Please explain why this would be a bad thing.
