Definition of "unearned income" []

• Income that is not a wage, such as interest, dividends or realized capital gains from investments, rent from land or property ownership, and any other income that does not derive from work. (noun)

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• "I realized I would have to compromise and settle for less than the full thirty-percent, three-year cut I wanted, but got some plums I hadn’t expected: In late May, a group of Democrats announced a counterproposal to our tax plan that rejected the thirty-percent-over-three-years cut, but accepted a smaller cut in personal income tax rates while proposing a reduction in the top rate on unearned income from seventy percent to fifty percent."