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Depositing money in diff. accounts based on Income threshold.. Is it ethical?

This is a discussion on Depositing money in diff. accounts based on Income threshold.. Is it ethical? within the Banking forums, part of the Business Finance category; I was just wondering if it is ethical (for lack of a better word) to deposit an amount of money ...


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Old 01-04-2008, 11:54 PM
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Default Depositing money in diff. accounts based on Income threshold.. Is it ethical?

I was just wondering if it is ethical (for lack of a better word) to deposit an amount of money from a high income earner to a low income earner's bank account, in order to earn interest with less income-tax incurred on the interest?

I hope this made sense.

Thanks!
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