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Ordinary Income

Parent term
Income Types
Ordinary Income is income that comes from work effort you put in.


Downsides of Ordinary Income

  • It is taxed at higher rates than other types of income
  • It takes your valuable time to earn
  • It does not involve any leverage - to earn more you have to work harder
  • There is no residual income from the work you put in

Warnings and Disclaimers

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