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Re:SF’s Housing Crisis Explained by Houshalter on Tuesday April 15, 2014 @06:33AM (#7591128)
Only a tax on holding currency, not wealth in general (assets and investments.) And many people argue that is just as bad.
Re:SF’s Housing Crisis Explained by dllthomas on Tuesday April 15, 2014 @09:52AM (#7591780)
Inflation itself is a tax on holding currency or currency-denominated assets, and that's certainly an important point. The combination of inflation and a capital gains tax would seem to produce an implicit tax on wealth in general, right?
Re:SF’s Housing Crisis Explained by pcrh on Tuesday April 15, 2014 @11:55AM (#7592492)
Holding currency and also bonds. Property and shares are pseudo-index-linked, though, I grant you that.