Re:Taxation of Carried Interest
by bawse1 on Sunday June 10, 2018 @06:50AM
(#17277534)
Income tax is based on income earned, capital gains is based on a sale of a asset. There is definitely a difference.
[ Parent
| on HN ]
> Income tax is based on income earned, capital gains is based on a sale of a asset.
but couldn't you claim that income is sale of personal time (an infinitely valuable, and non-renewable asset)?
Re:Taxation of Carried Interest
by fleetingmoments on Wednesday June 13, 2018 @10:36AM
(#17303453)
If your personal time is infinitely valuable to yourself, why do you sell for way below that?