> > From: "Michael Pollak" <mpollak at panix.com>
>>
>> What was the original justification for not charging tax
>> on interest?
>
>The same one that's for any other deductible expense: it's a cost of
>generating revenue.
A concept that applies only to capital. Workers absorb all kinds of expenses to keep themselves healthy and skilled when they deliver themselves at the factory or office door, and all they get is a tiny standard deduction.
Doug