"we tax traditional wages too much in the US, and unearned and passive income too little."
Please consider what you are saying. If you have never studied finance or the markets then I would suggest to enroll in a night course on business finance. The statement you made is non rational. You are proposing that the looters taxed everything higher. Do you think they will ever lower the tax rates? Republicans did a slight refund. Democrats will never lower taxes.
I am not making a political statement about the actions of a particular party.
all I am saying is - wage earners, people who have to go to work to earn income - are taxed too high in this country, in comparison to those who earn income through passive sources, unearned income, etc.
taxes need to be paid by someone - the issue is, how you structure it.