>> it seems so counter-intuitive that we are completely stuck to a tax system that devalues workers.
Old people. Retired people live on money gathered from ownership of things. Since old people have the most political power it should be no surprise that the tax code favors their capital gains over working wage earners. In the days when the boomers were young and in work (50s 60s) the tax code was very different.
Old people. Retired people live on money gathered from ownership of things. Since old people have the most political power it should be no surprise that the tax code favors their capital gains over working wage earners. In the days when the boomers were young and in work (50s 60s) the tax code was very different.