Reuters, Don’t Fund Healthcare by Taxing Capital, by James Pethokoukis:

Washington will have difficulty producing a stranger bit of public policy than raising investment taxes to pay for healthcare reform. Remember, the consensus critique of the U.S economy is that it’s been plagued by too much consumption and debt. O.K., fine. So the answer is penalizing savings and investment? Really? Pure Bizarro economics for that and a number of other reasons:

1. It will hit the middle-class eventually
2. It is an expensive way to raise government revenue
3. It creates an accidental industrial policy
4. It moves the tax code in the wrong direction
5. It puts politics over sound policy