Right now a good argument can be made that our tax code punishes workers, and favors investors. How? Interest and capital gains is taxed at 15%. Yet if you work for a wage you pay rates going over 40%, if you count both income tax and employment taxes. This seems fundamentally unfair. Why should the tax code favor the investor over the worker? Why should our tax code punish those who have to work every day to survive, yet those people who don't have to work--who are living off interest income, they get a break?

I think the true answer might be--there is more money to be had squeezing working folks than there is squeezing investors, and the government is greedy. Still, I think as a matter of general principal a worker should not pay a higher tax rate than a coupon clipper.

My proposal? A constitutional amendment which mandates that every person is entitled to pay the lowest tax rate available to any other person. What would this mean in practice? That if you were a worker you could write on your tax return: "I'll take Warren Buffett's tax rate. Thank you very much." And pay tax at 15%!

What say you Newsvine?