From a tax perspective it’s not the same - not least because it’s hard to pin down when the money was earned- if you bought shares 10 years ago, and their value increased 8 years ago and then you held them for 8 years before selling this year when do you say the gain was? If you paying a low rate of income tax 8 years ago should you pay that on the gain? You can say 20% is too low, but you can’t treat it like earned income.
Likewise you do earn it in a sense (if everything is working right) - you give up the ability to access that cash and accept you might make a loss
If you’re just objecting to the idea you can use money to make money - Ok, but that seems to be an intrinsic property of money and there’s not much to be done about it.
From a tax perspective it’s not the same - not least because it’s hard to pin down when the money was earned- if you bought shares 10 years ago, and their value increased 8 years ago and then you held them for 8 years before selling this year when do you say the gain was? If you paying a low rate of income tax 8 years ago should you pay that on the gain? You can say 20% is too low, but you can’t treat it like earned income.
Likewise you do earn it in a sense (if everything is working right) - you give up the ability to access that cash and accept you might make a loss
If you’re just objecting to the idea you can use money to make money - Ok, but that seems to be an intrinsic property of money and there’s not much to be done about it.