Unearned income is the reverse of the above.
One can, to some extent, translate the above analysis of earned and unearned income into an evaluation of types of tax.
States that have mineral wealth or other sources of ' unearned income ', never face the need to develop organisational skills.
One can arrange revenue sources along a spectrum or scale from earned to unearned.
The distinction that he makes is between earned and unearned state income.
These figures imply the beginnings of urban manufacturing investment in land and also an increase in ' genteel ' lending to provide unearned income.
As such, it was incapable of arbitrary discrimination - of conferring unearned privileges upon allies and favorites - the very definition of a corrupt and aristocratic government.
More narrowly based indirect taxes, such as those on trade, are closer to the unearned extreme of the spectrum.
