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A comment on A world without retirement?. Parent comment

Re:A world without retirement? by ahelwer on Sunday April 02, 2017 @05:32PM (#14019145)
USA already has worldwide tax jurisdiction. The more difficult problem with capital taxation is how to accurately value an asset.
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Re:A world without retirement? by syshum on Sunday April 02, 2017 @06:02PM (#14019291)
The USA tries to have a worldwide tax jurisdiction, and fails at it

The Large global companies spend millions on ultra complex business structures to avoid US (and EU) taxes.

See GE and Apple as the most publicized examples but they all do it

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Re:A world without retirement? by ahelwer on Sunday April 02, 2017 @06:07PM (#14019318)
Oh, certainly. However, if the US political climate ever reaches the point where a wealth tax is seriously considered (something which would require a constitutional amendment), I very much doubt these loopholes would still exist.
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Re:A world without retirement? by dragonwriter on Sunday April 02, 2017 @07:12PM (#14019568)
That's a problem with ad valorem property taxation, but not a problem with taxing capital income.
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