This is a blog to discuss philosophy, chess, politics,
C. S. Lewis, or whatever it is that I'm in the mood to discuss.
Saturday, November 12, 2011
Why is investment income taxed less?
On the highest levels people don't earn money from work, they earn money from investments. Unearned income is taxed at 15%, which is a lower rate than what it taxed for the money you work for. Why is this?