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View Diary: Conservative Exceptionalism (184 comments)

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  •  Giving tax advantage to unearned income... (4+ / 0-)
    Recommended by:
    offgrid, Laconic Lib, CodeTalker, Ahianne

    ...incentivizes KEEPING assets and capital in unearned income streams.

    There is no point at which a holder of capital says "Okay, I've accumulated enough wealth through financial manipulation" if financial manipulation yields higher ROI than other options.

    See Capital, Bain.

    When you are right you cannot be too radical; when you are wrong, you cannot be too conservative. --Martin Luther King Jr.

    by Egalitare on Sun Nov 11, 2012 at 07:44:21 AM PST

    [ Parent ]

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