There’s also the very important concept of a capital gains tax. Why does their income from stock sales get to be taxed at a special low rate, as if it weren’t income? That’s ridiculous
We’d go a long way toward evening it out just by deciding
- income is income. No special categories of income for the wealthy
- when your company or trust spends money on your personal life, that’s also income
- tax brackets keep going. They don’t even have to be specially high, but why does it top out so early?
As a grandmom, my Mom has decided on boxes for really lame gifts that might make you wonder if she has dementia, for gift cards.
If you don’t give her sufficient ideas for her to buy you something you enjoy, you’re a Scrooge and deserve this box of instant jello …… containing a gift card so you can get it yourself