Comment by hollerith
1 year ago
Please don't refer to an investment as "income". It hurts the ears of those of us who know a little accounting.
I have no objection to, "half a million in cash sure helps you . . "
1 year ago
Please don't refer to an investment as "income". It hurts the ears of those of us who know a little accounting.
I have no objection to, "half a million in cash sure helps you . . "
I understand that.
However review my last month or so of post history for my views on earned/employment income, unearned income and asset income.
In essence I differentiate between revenue within income, but not income/investment. I don't think taxes should either. Specifically, I think capital gains/intermingling of asset taxes while requiring up to date taxed-upfront employment taxes is one of the worst decisions society ever made.