Is that taking the tax into account 200k while paying 30% tax on it instead of 50%?
200k investment income * 0.7 * 2 = 280k income from labor.
300k investment income exceeds what you get on a 400k wage.
And you can probably get the tax on investment income down from that 30%, even to 10% sometimes, if you're willing to move (which you would have to do for a 400k job even if you're CEO at a large company anyway)
200k investment income * 0.7 * 2 = 280k income from labor.
300k investment income exceeds what you get on a 400k wage.
And you can probably get the tax on investment income down from that 30%, even to 10% sometimes, if you're willing to move (which you would have to do for a 400k job even if you're CEO at a large company anyway)