RANT re: National Socio-Economic Security Need for Encryption

[Brad Dolan <bdolan@use.usit.net>]

On Tue, 13 Aug 1996, Sandy Sandfort wrote:
> 
> 
> In my experience, Americans are loathe to invest money overseas
> unless it is highly profitable.  The reason is obvious.  They
> understand--or think they understand--the rules here.  In 
> historical terms, US investments have been more stable and safer
> than investments overseas.  (Which is why, by the way, that the
> US is the worlds largest tax haven in the world, but I digress.)
>

Which is why it is possible to be angry about NAFTA and the Mexican 
bailout without being a protectionist.

Why should I pay taxes to my government so it can protect capital 
investments in Mexico, thereby reducing one of my selling points as an 
American worker?

... and while I'm ranting...

Can somebody explain why:

1. Good jobs of the future are knowledge jobs which require little 
capital investment.

and

2. We need a capital gains tax cut to encourage capital investment to 
stimulate the growth of good jobs of the future.

?

bd