No. of Recommendations: 4
-tax all personal income from all sources at the same marginal rate. no more preferences depending on how the money is earned. income is income.

I'll go for this... provided that the cost basis of investments (including interest-bearing accounts) is indexed for inflation.

So if you invest an amount of money equal to 10,000 loaves of bread ($10,000) and years later you sell that investment for an amount of money equal to 10,000 loaves of bread ($500,000), that is zero income.
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