re: #404 kirkspencer
No.
sigh, that’s not completely accurate.
It brings more risk ONLY on the portion to be risked.
So a person who earns 200,000 and puts 50,000 into an investment is ONLY risking 50,000. Yes, it’s 25% of his income, but he’s still keeping 3 times the median household income “safe”.
But that 200K has already been taxed (and taxed before “he” got it as a “gain”)
So now he’s taking the 50K of twice taxed monies with no guarantee of making more off of it