Low interest rates in advanced countries have pushed money into real estate

Re:Low interest rates in advanced countries have pushed mone... by ipaddr on Thursday November 25, 2021 @05:42PM (#29345689)

What would be the wealth level you would start taxing at. How would you go about determining everyone's wealth?

[ Parent | on HN ]

Re:Low interest rates in advanced countries have pushed mone... by micromacrofoot on Friday November 26, 2021 @12:03PM (#29351936)

same way people determine their own wealth, it doesn’t seem too outrageously complex

you could start high (say 1000x the federal poverty line) and work backwards

there are already a number of proposals from lawmakers that cover the details better than some rando on the internet

[ Parent | on HN ]