randomrossity
Re:America's billionaires pay an average income tax rate of just 8.2%
on Friday September 24, 2021 @09:49AM (#28642298)
> The goal is not to tax income if it exists but to excise a tax on wealth itself. Like a property tax.
Why? Why is that "the goal"? And more importantly, why is that a good goal?
Wealth tax just doesn't make sense when accounting for the fact that billionaires choose to own portions of companies. As a "solution", it's just not thought through