Kasz216 on 17 August 2012
I'd question the point of the article, since like it says. Romney is against that tax strucutre... and nobody talks about Biden policy issues.
As for how you'd justify it? Depends on which half you mean.
It doesn't make sense to tax dividends, because dividends are already taxed as corporate profits, and since shareholders own the companies... essentially you are double taxing the owners of the company.
As for long term capital gains. (I'm guessing it's long term.) I'd guess the point would be to spur investment. I wouldn't do it, but there are some convincing economic arguements.
However what they SHOULD do is put a CPI modifier on capital gains though.
