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Politics : PRESIDENT GEORGE W. BUSH
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To: CYBERKEN who wrote (683528)5/26/2005 4:16:36 AM
From: DuckTapeSunroof  Read Replies (1) of 769670
 
ALL earnings, ALL profits (regardless of source, wheither from wages, bond coupons, stock sales, property or asset sales, etc.) can contribute to Capital Formation.

Money is fungible, and it flows naturally to where it gains it's highest return, regardless.

There is thus no difference, and no reason to have the government discriminate against one form of earnings over another.

The government should not pick the winners and losers in the economy by manipulation and tricks with the tax codes --- let the Free Market pick winners and losers, the MARKET will ALWAYS be more efficient then Big Government bureaucrats.
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