1993) or some measure of unearned income
. Unearned income
can include income from pensions, social security and other public transfers, income from physical assets (rents), income from financial assets, and private transfers (including gifts and bequests).
Since it's unearned income
, the Revenue Commissioners would be looking for a huge slice."
The other thing is that Steve Forbes was a terrible messenger for it, because he is a rich individual living off his unearned income
telling people, "Don't worry, a tax has already been paid on it."
(Today the Republicans want to shift the entire tax burden onto work, through a misnamed "flat tax" that includes a gaping exemption for unearned income
Your top tax rate applies to your child's unearned income
We must remember also that the income statement can be affected, when unrecorded expenses or unearned income
Personal income statistics provide a good barometer of economic performance, but because they include government transfer payments and unearned income
they may provide too rosy a picture of state economic conditions.
[subsection] a 2.5 percent tax on unearned income
(including interest on all state and local tax exempt municipal bonds);
Endorsed by Ralph Nader, Acorn, the Financial Democracy Campaign and Citizens for Tax Justice, the plan calls for a 7.5 percent surtax on unearned income
in excess of $7,500, to be paid only by those individuals with incomes greater than $100,000; a 5 percent surtax on corporations earning more than $75,000 annually; and the elimination of a loophole that allows capital gains at death to go untaxed.
Gross loans net of unearned income
equalled USD1.18bn at March 31, 2019.
Average loans, net of unearned income
, increased $107.3 million in comparison to the first quarter of 2018.
However, for some families, there is another complication: the tax on unearned income
of minor children, also known as the "kiddie tax." (8)