Haig Simon income is simple. It's consumption plus an increase in wealth. Taxable income is often much smaller.


The ratio for most people is 1. I get $100k,

salary then my income and taxable income is $100k.

However, for many super-rich people, the ratio is far less than 1.

For example,

Jeff Bezos has amazon stocks increase. His wealth is $20 billion extra. Yet his taxable income is virtually 0 because he doesn't cash it yet. Sure he'll have to pay tax when he cashes it but he can postpone that indefinitely.

Any data on such a ratio?

I suppose most rich people have very low ratio. Most workers have a high ratio. So I bet there is a very big negative correlation between wealth, hugg-simon income, and ratio.

Any data?


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