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Tax laws favor capital over labor, giving capital gains a lower rate than ordinary income. The rich get humongous mortgage interest deductions while renters get no deduction at all.
Robert Reich
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"Tax laws favor capital over labor, giving capital gains a lower rate than ordinary income. The rich get humongous mortgage interest deductions while renters get no deduction at all."
— Robert Reich #moneywealth

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Tax laws favor capital over labor, giving capital gains a lower rate than ordinary income. The…

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Tax laws favor capital over labor, giving capital gains a lower rate than ordinary income. The rich get humongous mortgage interest deductions while renters get no deduction at all. — Robert Reich

About Robert Reich

Robert Reich was a Economist from United States (1946–present).

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Frequently Asked Questions

Who said "Tax laws favor capital over labor, giving capital gains a lower rate than ordin…"?
This quote is attributed to Robert Reich, a Economist from United States.
When did Robert Reich live?
Robert Reich lived from 1946 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.