3 ms·
In my understanding of the word capital gains are a subset of income.
by fosap 13y ago
In my understanding of the word capital gains are a subset of income.
- arethuza 13y agoProbably my UK bias showing - we have separate income and capital-gains taxes so I am used to thinking of them as different things although, as you point out, they are both "income".
- jlal 13y agoBut capital gains aren't taxed as income. http://blogs.reuters.com/felix-salmon/2013/06/05/why-capital-gains-should-be-taxed-as-income/ http://blogs.reuters.com/felix-salmon/2013/06/05/why-capital...