Re:When the Rich Said No to Getting Richer
by baursak on Tuesday September 05, 2017 @11:49AM
(#15176372)
I wouldn't start taxing any wealth below a certain threshold at all. Like $200K or something.
If you buys a bigger house, if equity portion of that house is above a taxable threshold -- say a $1M house, and you have $200K equity, then that equity will be taxed. Very minimally I might add.
> do not tax activities you want to encourage, and tax those which you want to curtail.
That's not working out currently. Unless you want to encourage massive wealth inequality.
If you buys a bigger house, if equity portion of that house is above a taxable threshold -- say a $1M house, and you have $200K equity, then that equity will be taxed. Very minimally I might add.
> do not tax activities you want to encourage, and tax those which you want to curtail.
That's not working out currently. Unless you want to encourage massive wealth inequality.