Re:California wants to tax companies for executive pay ratio
by Mirioron on Saturday January 18, 2020 @03:47AM
(#22083247)
Also, inflation. If the government does something that increases inflation (like printing money), then they're essentially taxing savings.
Re:California wants to tax companies for executive pay ratio
by speedplane on Sunday January 19, 2020 @04:02AM
(#22090292)
> Also, inflation. If the government does something that increases inflation (like printing money), then they're essentially taxing savings.
Not exactly, if the government prints money, then the value of the dollar will decrease, but it the value of other assets will increase to adjust for the lower dollar value. So while printing money can be thought of as a tax on cash savings, it's not a tax on all assets (e.g., stocks, property, etc.).
It happens all the time, it's called property taxes.