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fosap
12y ago
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In my understanding of the word capital gains are a subset of income.
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jlal
12y ago
But capital gains aren't taxed as income.
http://blogs.reuters.com/felix-salmon/2013/06/05/why-capital...
arethuza
12y ago
Probably my UK bias showing - we have separate income and capital-gains taxes so I am used to thinking of them as different things although, as you point out, they are both "income".
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