Re:Studying the demise of historic civilisations
by jessaustin on Tuesday March 05, 2019 @09:11AM
(#19310573)
If you want to tax anything, it is probably better to tax (frivolous) consumption, i.e. wealth destruction, instead of wealth creation.
Sure, I agree, but we're talking about estate tax ITT.
It's nice to imagine that switching from income taxes to VAT (with appropriate progressive adjustments for the poor) would allow the merely hardworking rather than just the lucky and unscrupulous to accumulate wealth, but it's not clear that would be the case.
Sure, I agree, but we're talking about estate tax ITT.
It's nice to imagine that switching from income taxes to VAT (with appropriate progressive adjustments for the poor) would allow the merely hardworking rather than just the lucky and unscrupulous to accumulate wealth, but it's not clear that would be the case.