The anti-capitalists have this crazy idea that investment income isn’t “earned” in the same way that labor income is. Of course that’s absurdly anti-capitalist and completely ignores the point of capitalism and the function of risk taking incentivized by potential rewards. Failing to make a coherent argument against active investment income, for instance entrepreneurs, they will then revert to criticism of passive investors and their eventual complaint will come to arguing S&P index investors should be taxed on “unrealized” gains.
Remember it’s all illogical nonsense motivated by Envy which they masquerade as Empathy.
Remember it’s all illogical nonsense motivated by Envy which they masquerade as Empathy.