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Forum name | General Discussion |
Topic subject | Income is an incomplete measure of wealth anyway |
Topic URL | http://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13266096&mesg_id=13266537 |
13266537, Income is an incomplete measure of wealth anyway Posted by Cocobrotha2, Thu Jun-14-18 01:00 PM
Source of income is the real determinant.
Someone who makes 100k from dividends and interest is likely wealthier than someone who makes 250k on a W2 but the person living off of their assets will get taxed less.
I wouldn't say the tax code punishes the middle class but it does favor investors over wage earners.
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