The hottest Income Substack posts right now

And their main takeaways
Category
Top Finance Topics
Do Not Research 0 implied HN points 15 Oct 22
  1. The research aimed to find ways to get rich quick through novel schemes rather than going for traditional jobs or hustles.
  2. There are distinctions between scams and schemes, with schemes focusing on exploiting systems instead of individuals.
  3. One profitable scheme discussed in the research is 'gambling promotion arbitrage' which involves taking advantage of 'risk free bet' offers from different sportsbooks.
Something to Consider 0 implied HN points 27 Apr 22
  1. Capital gains should be taxed like regular income because all investments require effort and analysis. It's unfair to give special tax breaks to those who already have wealth.
  2. Investing isn't just sitting back and earning money; it involves making decisions and taking risks. Therefore, it shouldn’t be treated so differently from labor income in tax policy.
  3. While there are suggestions to change how investment taxes work, confusing definitions of investments make it complicated. A simpler solution would be to treat all earnings as labor income and reduce advantages for the wealthy.