Re:USA Facts – Federal, state, and local data from governmen...
by deelowe on Tuesday April 18, 2017 @07:15PM
(#14143920)
Smart money finds ways to reduce that income as much as possible and lives instead off capital gains. I find that there's a lot of smart money once you get above 350 or so annual.
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Re:USA Facts – Federal, state, and local data from governmen...
by hwillis on Tuesday April 18, 2017 @08:51PM
(#14144512)
For these purposes, income includes everything, down to and including appreciation of assets. Capital gains make up the majority of income only for people making 2 million+ annually.