Re:For the first time on record, the 400 wealthiest American...
by chimi on Monday October 07, 2019 @03:22PM
(#21184902)
> it's a different sort of income, with a VASTLY riskier risk profile
Yes, earning the money with labor is vastly riskier. Telling a financial advisor where to put money incurs no risk to your life.
Compare that to being a welder, tree feller, home builder, where your health or life is a daily concern.
I really don't understand why those who go out and work hard every day have to pay more in tax (as a percentage) than those that just sit on the couch and watch their wealth grow.
Yes, earning the money with labor is vastly riskier. Telling a financial advisor where to put money incurs no risk to your life.
Compare that to being a welder, tree feller, home builder, where your health or life is a daily concern.
I really don't understand why those who go out and work hard every day have to pay more in tax (as a percentage) than those that just sit on the couch and watch their wealth grow.