Why should Investment income be taxed at the same rate it was the first time you earned it? and MFS Investment Management Service Day (Boston) 5.10.13

Why should Investment income be taxed at the same rate it was the first time you earned it?

I get paid a $ 1000 bucks, its taxed first at 25% and then I save some and invest it. My investments make some money, and that income is taxed at 15%

How should this be different, should investment income be taxed more because only rich people invest in stuff?


Investment best answer:

Answer by Torgo
It should be taxed the same as your earned income, 25% or 15% or 10%, whatever your overall tax rate winds up being. Unearned income only gets taxed at a lower rate because rich people made sure the tax laws were written that way.

Investment

MFS Investment Management Service Day (Boston) 5.10.13


Image by cityyear
MFS employees rolled up their sleeves to help landscape, and paint the outdoor area surrounding the Dever-McCormack Schools on Friday.

Photos by Jerome Daye | 2013

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