grte ( grte@lemmy.ca ) to Canada@lemmy.ca · 3 years agoLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.caexternal-linkmessage-square50linkfedilinkarrow-up1304
arrow-up1304external-linkLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.cagrte ( grte@lemmy.ca ) to Canada@lemmy.ca · 3 years agomessage-square50linkfedilink
minus-squareBedSharkPal ( BedSharkPal@lemmy.ca ) linkfedilinkarrow-up3·3 years agoTo be fair, there are a number of countries that already have a wealth tax. So it wouldn’t be some insurmountable concept.
minus-squareMondayToFriday ( MondayToFriday@lemmy.ca ) linkfedilinkarrow-up2·3 years 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.