It is indefensible at this time that established principles of taxation should be upset in favour of unearned income.
The housekeeping allowance of last week has suddenly become unearned income.
Large and 'unearned' bonus payments must be avoided if possible, even though such 'wasted' expenditures may still leave bonus systems economical on balance; otherwise political ridicule could prove disastrous.
This is true of unearned income.
Income extracted in this way by the governing elite is likely to have more of an unearned character.
Often income earned from oil, minerals, and foreign aid are used as examples of the sources of unearned income.
This distinction between earned and unearned income would seem to be an important one.
More narrowly based indirect taxes, such as those on trade, are closer to the unearned extreme of the spectrum.
