They will for a time be receiving the bulk of the unearned income of the world.
The tax on unearned income is at the rate of 1% on incomes from 3, 10s.
On unearned income and all income above 3,000l. it would be 1s.
Nevertheless their whole income is included in the item "interest on capital," and called "unearned income."
As with the unearned income of city land, our mineral resources have been conspicuously prolific producers of millionaires.