what's your favorite tax rule
what's your favorite tax rule
10 comments
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A capital gains tax works well for the rich that have the majority of their wealth tied up in stocks.
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Except billionaires take advantage of a loophole whereby they can take out loans using stock as collateral, instead of selling the stock, meaning they pay no capital gains.
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If we taxed land, it would be essentially impossible to evade, even with fancy accounting and shell companies and all that stuff the rich love to employ. All this is exactly why the how of taxing the rich is so important.
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Too bad that group includes so many of the politicians who would have to pass the law.
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death
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Got my vote
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Plata o plomo
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It’s easy, as low as humanly possible to incentivize economic growth. (I’ve became a Neoliberal via World Economic Forum)
10 comments