The tax debate is tedious because everyone dresses up self-interest as principle. Labour and capital are both productive. Neither is morally superior. The problem isn’t that labour alone is overtaxed. Income is overtaxed, including returns on capital. If reform is politically possible, capital taxes must rise first, then income taxes come down later, because no one wants to mess with the sacred Budget bottom line. But the real answer from here is simple: the top marginal rates are too high. If you’re arguing something else, you’re an interest group. You’re not morally special. The bigger project is a lower overall tax and spending burden (and that I acknowledge is morality).