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Unlike the US, wealth takes on the EU could perhaps raise revenue without disrupting innovation, because here in the EU, we have little innovation and self made
by Sol- 2mo ago
Unlike the US, wealth takes on the EU could perhaps raise revenue without disrupting innovation, because here in the EU, we have little innovation and self made wealth to begin with - so there's nothing to disrupt.
But taxing inheritances would still be preferred mechanism rather than taxing unrealized gains I think. That would target the EU's unproductive rent seeking heirs the best.
- baud147258 2mo agoI don't know where in the EU you're thinking of applying that, but here in France inheritance are heavily taxed