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There is an argument wherein you could say that those who merely sit on their wealth are causing economic stagnation. Taxing wealth becomes an incentive for the
by orbitingpluto 10y ago
There is an argument wherein you could say that those who merely sit on their wealth are causing economic stagnation. Taxing wealth becomes an incentive for the wealthy to have their money make more wealth, instead of just sitting on a mountain of gold coins and interests rates could again rise.
- dpark 10y agoYou could make that argument and I might even listen. It's in no sense fair even if it makes economic sense though.