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Since all economic theories - even Marxism and socialism - recognize that capital formation is a key to long-run growth, higher wages, and improved living standards, it obviously doesn't make sense to penalize saving and investment. Yet that's exactly what happens because of double taxation in the United States, as can [...]
from Forbes Real Time http://onforb.es/1rtZMwc
Since all economic theories - even Marxism and socialism - recognize that capital formation is a key to long-run growth, higher wages, and improved living standards, it obviously doesn't make sense to penalize saving and investment. Yet that's exactly what happens because of double taxation in the United States, as can [...]
from Forbes Real Time http://onforb.es/1rtZMwc