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Smart money finds ways to reduce that income as much as possible and lives instead off capital gains. I find that there's a lot of smart money once you get abov
by deelowe 10y ago
Smart money finds ways to reduce that income as much as possible and lives instead off capital gains. I find that there's a lot of smart money once you get above 350 or so annual.
- hwillis 10y agoFor these purposes, income includes everything, down to and including appreciation of assets. Capital gains make up the majority of income only for people making 2 million+ annually.