Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Incitatus

(5,317 posts) Wed Sep 26, 2012, 12:16 AM Sep 2012

Income is income (period)

With earned income jobs people risk their lives, their health, and sacrifice time with their family. With unearned income related to investments their is a risk of financial loss, which is tax deductable and they risk making a lot less money than if their cash was parked in secure low interest accounts. How many billionaires would really park their money in no/low risk places if they paid a higher rate?

1 replies

= new reply since forum marked as read

Highlight:

Income is income (period) (Original Post) Incitatus Sep 2012 OP

purpose of tax code = rich keep their $$ no matter HOW they made/earned it nt msongs Sep 2012 #1

msongs

(67,468 posts)

1. purpose of tax code = rich keep their $$ no matter HOW they made/earned it nt