[walshemj]

Why would you discourage investment with higher taxes? there is a reason that capital gains is treated differently and double taxing dividends also has negative effects.

[lovich]

Why would you discourage labor with higher taxes than investments? That argument cuts both ways

[walshemj]

Without capital companies go bust unless you think that Stalinist central planning is a good system

[dragonwriter]

Stalinist central planning is actually Leninist, and it still has capital, just not private property in it (and, consequently, a different way of allocating it.)

Without capital, a productive effort fails under Stalinism, too.