September 13, 2016
Vaughn E. James
Judge Robert H. Bean Professor of Law at Texas Tech University School of Law
More than 90% of respondents on WalletHub's Tax Fairness survey believe investment income should be taxed at least as much as wages – what do you think about that?
I agree. Investment income is just another form of income. In fact, it is passive income, income earned from doing nothing. Wage income, on the other hand, is income earned from working hard -- sometimes, very hard. To me, it does not seem fair that investment income is taxed at a mere 15% and wage income at higher rates. It is time to change that policy.
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