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socialindependocrat

(1,372 posts)
8. I agree - hiding taxable income is a big chunk and
Sun Nov 11, 2012, 02:49 PM
Nov 2012

I was also thinking about how people earn income and the related taxes.

Since people have only so much time and energy, shouldn't the income one earns
from physical effort be taxed less that income that is derived from invested income?

It's like a monopoly game. Once you have all the property with hotels you just star making
money hand over fist because everybody owes you rent. YTou no longer really have to expernd
a lot of physical energy for a per hour salary, you just invest the money and watch the checks
come in. Did they say Romney got 20M from investments this year. I think this money needs to
be taxed at a higher rate thatn income earned thru physical labor.

Just a thought...

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