5 ms·
It's a nice intention, but how do you devise that mechanism? If I keep $10,000 in my savings account for 30 years, are you going to tax it every year?
by dwolfson20 15y ago
It's a nice intention, but how do you devise that mechanism? If I keep $10,000 in my savings account for 30 years, are you going to tax it every year?
- wpietri 15y agoYes, that's how it works: http://en.wikipedia.org/wiki/Wealth_tax http://en.wikipedia.org/wiki/Wealth_tax
- felipemnoa 15y agoThe government does that already by printing more money. The more money printed the less valuable your $10K. Better to keep money on assets that do not devalue with inflation.