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Tax income over a longer time window, and you get closer to a wealth tax without all the problems. The longer the time window, the more it is a wealth tax.
by whiddershins 7y ago
Tax income over a longer time window, and you get closer to a wealth tax without all the problems.
The longer the time window, the more it is a wealth tax.
- zozbot234 7y agoIf you're going to do that, why not tax consumption instead? And do note, you can have a progressive consumption tax. It doesn't have to be a burden on the worst off.