Let’s Set a Maximum Wage for the Rich | The Tyeethetyee.caexternal-link grte ( @grte@lemmy.ca ) Canada@lemmy.ca • 7 months ago message-square56fedilinkarrow-up1303
arrow-up1303external-linkLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.ca grte ( @grte@lemmy.ca ) Canada@lemmy.ca • 7 months ago message-square56fedilink
minus-square BedSharkPal ( @BedSharkPal@lemmy.ca ) linkfedilink3•edit-27 months agoTo be fair, there are a number of countries that already have a wealth tax. So it wouldn’t be some insurmountable concept.
minus-square MondayToFriday ( @MondayToFriday@lemmy.ca ) linkfedilink2•7 months agoWealth that’s just sitting there is hard to assess and therefore easy to game. What’s the value of a piece of art? It’s far more practical to tax transactions and realized gains, when money changes hands.
To be fair, there are a number of countries that already have a wealth tax. So it wouldn’t be some insurmountable concept.
Wealth that’s just sitting there is hard to assess and therefore easy to game. What’s the value of a piece of art? It’s far more practical to tax transactions and realized gains, when money changes hands.