Re:How inflation swindles the equity investor (1977)
by longtermsec on Sunday February 25, 2018 @10:05AM
(#16459259)
Is this accurate? If that was the case then interest from savings accounts and CDs wouldn't be taxed at the marginal tax rate as ordinary income is.
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Re:How inflation swindles the equity investor (1977)
by hsitz on Sunday February 25, 2018 @12:24PM
(#16459985)
Interest from saving accounts and CDs is "ordinary income". "Ordinary income" generally is anything that is not classifiable as a "capital gain". "Capital gain" is gain from the sale or exchange of a capital asset. See https://en.wikipedia.org/wiki/Ordinary_income