There’s also the very important concept of a capital gains tax. Why does their income from stock sales get to be taxed at a special low rate, as if it weren’t income? That’s ridiculous
We’d go a long way toward evening it out just by deciding
income is income. No special categories of income for the wealthy
when your company or trust spends money on your personal life, that’s also income
tax brackets keep going. They don’t even have to be specially high, but why does it top out so early? Why is my doctor’s income taxed at the same rate as the richest man in the world’s income?
There’s also the very important concept of a capital gains tax. Why does their income from stock sales get to be taxed at a special low rate, as if it weren’t income? That’s ridiculous
We’d go a long way toward evening it out just by deciding