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Are you thinking specifically of the US or you thinking of all the countries that were part of the data they reviewed? Also, how does leaving the wealth in the
by wang_li 1mo ago
Are you thinking specifically of the US or you thinking of all the countries that were part of the data they reviewed? Also, how does leaving the wealth in the hands of citizens prevent it from being taxed in the future if needs be?
- alex43578 1mo agoI’m thinking specifically of the US, but I don’t see why the same argument wouldn’t apply to most countries. There’s going to be differences when you get to weird economies like North Korea, but still. Not taxing the citizens now gives you more room to tax them in the future. Or looking at it another way, cutting those currently implemented taxes can act as a stimulus for the economy, although one with poor measurability compared to other types of stimulus.