This might help:
Quote:
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When a person earns income, they pay tax on wages and salaries. If they consume the remainder of income right away, they will not pay further tax, at least not under the income tax. However, if they put their money into a bank account or into an equity share, and they earn income, either capital gains, interest income or dividends, they will pay tax on that income. They are paying additional tax on their savings. Therefore, savers are discriminated against under an income tax compared to consumers.
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The Taxation of Capital Gains
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Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
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