In the US at least there are other income options. Earned income (i.e., employee - or slave - income, the way most of us slaves earn money) is taxed at the greatest rates. That includes the self-employed.
Passive (i.e., rental properties, intellectual properties, owning but not managing a business, etc.) and portfolio (i.e., stocks, bonds, crypto, etc.) incomes are taxed at much lower rates. They are also more easily offset with things like depreciation and debt.
In the US at least there are other income options. Earned income (i.e., employee - or slave - income, the way most of us slaves earn money) is taxed at the greatest rates. That includes the self-employed.
Passive (i.e., rental properties, intellectual properties, owning but not managing a business, etc.) and portfolio (i.e., stocks, bonds, crypto, etc.) incomes are taxed at much lower rates. They are also more easily offset with things like depreciation and debt.