--- title: "Meaning & Key Takeaway of: I think it's terrible for people in…" description: "\"I think it's terrible for people in effect to say that income from investment should be taxed at a much lower rate than income from labor.\" — Howard Wa..." image: "https://sms4smile.com/quotes/i/cd9/howard-warren-buffett-16158_effects_i-think-it-s-terrible-for-people-in-effe_1808158.jpg" --- # I think it's terrible for people in effect to say that… ![“I think it's terrible for people in effect to say that income from investment should be taxed at a much lower rate than income from labor.” quote by Howard Warren Buffett](https://sms4smile.com/quotes/i/cd9/howard-warren-buffett-16158_effects_i-think-it-s-terrible-for-people-in-effe_1808158.jpg) [Download](https://sms4smile.com/quotes/i/cd9/howard-warren-buffett-16158_effects_i-think-it-s-terrible-for-people-in-effe_1808158.jpg) [Open image](https://sms4smile.com/quotes/i/cd9/howard-warren-buffett-16158_effects_i-think-it-s-terrible-for-people-in-effe_1808158.jpg) > “I think it's terrible for people in effect to say that income from investment should be taxed at a much lower rate than income from labor.” [Howard Warren Buffett](https://sms4smile.com/quotes/author/howard-warren-buffett/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Taxing investment income lower than labor income creates inequality and undermines fairness. **In simple terms:** Lower tax on investments is unfair. Key Takeaway Advocate equal tax rates for all income. Themes tax fairness economic inequality public policy Mood concerned analytical Type policy economic When to use this quote - policy debates - legislative hearings - public forums Key Concepts progressive taxation wealth distribution Questions to Reflect On - Should tax policy prioritize fairness over investment incentives? - How would equal rates affect economic behavior? A Different Perspective Tax different may discourage investment growth. ★ ★ ★ ★ ★ No ratings yet [Income](https://sms4smile.com/quotes/about/income/) [Investing](https://sms4smile.com/quotes/about/investing/) [Investment](https://sms4smile.com/quotes/about/investment/) [Labor](https://sms4smile.com/quotes/about/labor/) [People](https://sms4smile.com/quotes/about/people/) [Taxes](https://sms4smile.com/quotes/about/taxes/) [Thinking](https://sms4smile.com/quotes/about/thinking/) ## Related quotes > [“Those cuts had lowered the top income tax rate from 39.6 percent to 35 percent. 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