Don't you wonder why jobs are taxed, but many people get rich by collecting unearned income, which is taxed little or not at all?
There are two income streams:
āearned incomeā from jobs, investments, and businesses, and
āunearned incomeā primarily from monopoly ownership of land or resources.
Economists call unearned income āeconomic rentā, defined as income not subject to competition, or revenue without a corresponding cost of production.