3 ms·
you say that but then what about inflation .. that is worse than 4% tax now as it hurts poor more whose most savings are in cash form, and inflation doesn't rea
by techsin101 8y ago
you say that but then what about inflation .. that is worse than 4% tax now as it hurts poor more whose most savings are in cash form, and inflation doesn't really affect say land value, it automatically adjusts. While person with $3k saving becomes poorer.
I forgot to add... to me ideal is this.
- no artificial inflation.
- fixed currency rate.
- taxes on wealth only.
- interest free limited loan by government. (ie. you can borrow x amount of money in lifetime, x increases if your wealth increases)
That's perfect to me.
The only system that can't be endlessly manipulated by conglomerate/old money/corporations/lobbyists.