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Jonathan Sidaway's avatar

Superb article. A corollary observed when I used to be in the same room as Auntie was her mortgage gabble, or her interest rate selectivity: savers were never mentioned in my hearing.

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Brettbaker's avatar

Remember an article about "why it's hard to raise taxes on unearned income". The author's most interesting take? "The Petite Aristocrat Problem". Basically, most aristocrats weren't rich, but they didn't have to do physical labor for their often peasant-level (but often untaxeuntaxed) incomes. Substitute "retirees" for aristocrats he concluded, and that's why it was so hard to raise investment income taxes.

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