a Marxist term (though never actually used by Karl Marx himself) refering to those who receive income - usually interest, rent, dividends, capital gains, or profits - from their assets and investments
Out of ideology, and probably incompetence as well, the tax shield instituted by the current administration functions in practice as a machine for subsidizing rentiers.
Out of ideology, and probably incompetence as well, the tax shield instituted by the current administration functions in practice as a machine for subsidizing rentiers.