Income: is it distributed or earned?

[Todd-'o'-Vision]

discuss and educate me please

 

[islandman]

Income earned is what your employer pays you.

Income distributed would be dividends from a stock or REIT, that sort of thing.

 

[floridaguy64]

Income earned is what your employer pays you.

Income distributed would be dividends from a stock or REIT, that sort of thing.

Income earned is not what your employer pays you... it is what you agreed to work for, performed said work... and what you actually make prior to the government taking it's so called share by way of taxes. Net pay is not what you are taxed on ... GROSS pay is.

Income redistribution is when Government takes from individuals that most likely can afford it and use the money to pay for services for those that the govermnment deems to be the poor and the needy.

 

[Daedalus77]

Afford it?

Could you name a specific amount of money I have to reach where I can afford to have some taken away from me and given to someone else?

 

[phrodeau]

Re: Afford it?

Could you name a specific amount of money I have to reach where I can afford to have some taken away from me and given to someone else?

If you only have 5¢, you can afford to give it away, can't you?

Government is a landlord, and taxes are the rent. Government spends as it sees fit, based on the preferences of the majority.

Income is whatever worth you gain. Earned income is your wage, salary or profit from work you do. Distributed income is your return from investments, like gambling winnings. There's also appreciation income from properties with increased market value.

 

[ma_guy]

discuss and educate me please

Income is "earned" if you worked for it at the mopment the specified work is accomplished. Plain and simple.

"Distributed Income" includes the total of all earned and unearned income and includes welfare, social security, royalties, interest, divideneds, etc.. that is actually transferred.