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Re:Modeling a Wealth Tax by ampron on Tuesday August 18, 2020 @09:42AM (#24198419)
“Riskier”, but how much riskier? Having to beat inflation by 1% is not that much riskier compared to the gained equality in taxation. Bad argument. You can’t leave off the amount and implicitly use the worst case scenario to argue against all cases.
Re:Modeling a Wealth Tax by logicchains on Tuesday August 18, 2020 @09:53AM (#24198537)
Considering the risk-free interest rate in the US is currently around 0.7%, finding a low-risk extra percentage point return is non-trivial. Most of these people have wealth managers or invest in funds; you think if they could earn an extra percentage point return without much risk, they wouldn't already be doing that?