The appreciation of capital assets is already taxed at an extremely favorable rate compared to labor. That's why the rich pay such a low effective tax rate no matter what their marginal tax bracket.
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"The appreciation of capital assets is already taxed at an extremely favorable rate compared to labor. That's why the rich pay such a low effective tax rate no matter what their marginal tax bracket." — James B. Stewart #moneywealth
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The appreciation of capital assets is already taxed at an extremely favorable rate compared to…
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The appreciation of capital assets is already taxed at an extremely favorable rate compared to labor. That's why the rich pay such a low effective tax rate no matter what their marginal tax bracket. — James B. Stewart
About James B. Stewart
James B. Stewart was a Journalist from United States (1952–present).
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Who said "The appreciation of capital assets is already taxed at an extremely favorable r…"?
This quote is attributed to James B. Stewart, a Journalist from United States.
When did James B. Stewart live?
James B. Stewart lived from 1952 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.