[quote=AN][quote=AN]So those who prefer active income vs passive income prefer people working till they die vs being able to retire. After all, once you retire, you’re not making active income anymore.[/quote]
I don’t see how that can be a straw man argument? When you retire, do you have active income or passive income? If it’s passive, then it would be tax at a much higher rate. So, if you think it’s a straw man argument, then please clarify what one’s preference is if one prefer tax investment income at a much higher rate?[/quote]
Your assertion is uses binary assumption. If tax law shows preference for earned income, that preference must prefer people work until they die. It presumes that it is impossible to retire with preferential rates for earned income. Yet we had just those preferential rates from 1965 to 1981 and millions of people retired.
