Re:Coinbase lays off around 1,100 employees
by X6S1x6Okd1st on Wednesday June 15, 2022 @01:50PM
(#31756615)
Do you feel like a wealth tax starting at the 50,000,001th dollar of 2% until you get to a billion is "gutting all accumulations of wealth" or would harm the average financial independence strategy?
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Re:Coinbase lays off around 1,100 employees
by themacguffinman on Wednesday June 15, 2022 @04:01PM
(#31758660)
No, probably not, assuming you keep it accurately adjusted for inflation. This will likely impact the next tier of wealth: tech startup founders. Either startups will represent a tax loophole or the wealth tax will slowly drain the illiquid assets of founders and early employees during the startup phase which nowadays often have a notoriously long gestation period.