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I have not thought about this too much but what if the expiry date resets when it changes hands and there is some tx fee to discourage passing money around unne
by kn100 6y ago
I have not thought about this too much but what if the expiry date resets when it changes hands and there is some tx fee to discourage passing money around unnecessarily?
- deleted 6y ago[deleted]
- goldcd 6y agoI quite like that idea. If you receive a dollar and pay tax on it due to the work you undertook to receive it, it gets 'refreshed' and increases in value. If you get a 'stale dollar' (e.g. gifted from a parent) it depreciates until you use it constructively. If you're an advocate of "trickle-down" economics, you should be lapping this us, as it's rewarding people for what you believe already happens. Of course a much simpler approach would be to simply flip the outrageously stupid system most of us have, where income from passive investments is taxed at a lower rate than income from providing work.
- ornornor 6y agoIsn’t this essentially what interest rates are for?