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Depending on the tax system, a wealthy person may have a lot of leeway in choosing the amount of investment income they’ll realize for tax purposes. So someone
by marvin 7y ago
Depending on the tax system, a wealthy person may have a lot of leeway in choosing the amount of investment income they’ll realize for tax purposes. So someone with $10 million in stock market investments may choose to withdraw none, or only a small part of the returns generated, placing them in the low income category.