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Better than a capital gains tax would be a wealth tax. Tax, say, 1% for every million in net worth. This would be cumulative, so $2 million would be taxed at
by pmoriarty 6y ago
Better than a capital gains tax would be a wealth tax.
Tax, say, 1% for every million in net worth.
This would be cumulative, so $2 million would be taxed at 2%, $50 million would be taxed at 50%, etc...