the difference btwn capital & labor

or the difference btwn up and middle

super rich's 资产 concentrated in financial asset, while middle class 资产 is more in house, 401K etc.

capital can move or vote by feet, so in order to attract capital, captial gain is taxed at only 15%;

labor cannot move at will easily, so INCOME is taxed much higher than capital gain.

 

hence the gap gets bigger & bigger, many thanks to Gov

 

 

所有跟帖： 

• Also no Social Security tax... -农村出来的博士后- ♀ (0 bytes) () 01/23/2019 postreply 12:31:55

• just another tax. Labor is taxed close to 50% -Chauhan- ♂ (60 bytes) () 01/23/2019 postreply 12:42:25