Re:IRS records reveal how the wealthiest avoid income tax
by kbelder on Tuesday June 08, 2021 @04:03PM
(#27440050)
I'm against wealth taxes, but you make a good point.
You may have just solidified my opinion against property taxes :)
Seriously, evaluating and setting values for property takes a lot of resources at the city/county level... it would take a massive increase to properly evaluate wealth for taxation, because so much of it is completely intangible and abstract.
You may have just solidified my opinion against property taxes :)
Seriously, evaluating and setting values for property takes a lot of resources at the city/county level... it would take a massive increase to properly evaluate wealth for taxation, because so much of it is completely intangible and abstract.