Tax regime should be neutral

Politicians never stop tinkering with the tax code. Has this ever been designated a form of obsessive behaviour by the medical community?
A case in point are the latest proposals for the taxation of investment income and capital gains in Germany.
We do not want to go into technical details but suffice it to say that the proposals are the result of a non-participatory form of democracy that is prevalent in Western Europe.
So-called political elites and technocrats representing the lobbies with an interest in the matter have produced legislation that will be far from neutral in its effects on business and the way the citizen invests his money.
As matters stand, investment in pooled vehicles of various kinds will be at an advantage and investors that hold shares in individual companies and want to manage their portfolio will be penalised.
This is contrary to the interests of wider share ownership and shareholder democracy.