gambling tax
here's another wack-job anti-capitalist who thinks we need to change the tax system. except this wackadoodle started vanguard group which is pretty much the largest fund managing company in the world. he calls speculation on wallstreet gambling. which sounds kinda familiar. and says profits from such gambling should be taxed at regular income rates. the trick is to distinguish between that and real capital investment in new corporations. which would still be taxed at the super low long term capital gains tax rate. gee, that sounds familiar too. generations of con artist scammer types have erased the distinction between earned income and unearned income. income is all the same right? except when it's your income from busting your hump and my income from sitting on my ass. in which case your income is taxed at more than twice my rate. totally makes sense. and totally fair too. /sarcasm.