I remember hearing about a 3.8% tax on real estate “unearned income” over the capital gains limit. Notice how the use of unearned income is, kind of like “you didn’t build that”.
Yep...that’s it...re: your ‘unearned income’....it is equally insulting that the government chooses to call the great EITC giveaway to the sloths among us “earned income tax credit.” Like they ever ‘earned’ anything in their life.