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Having familiarity only with Switzerland’s wealth tax, I know that it is instead applied only over a given bound, and then very progressively so the impact at e
by alex_young 6y ago
Having familiarity only with Switzerland’s wealth tax, I know that it is instead applied only over a given bound, and then very progressively so the impact at even somewhat large sums is lower than what is quoted here.
Sure it goes up when we’re talking about billions, but shouldn’t it? Isn’t the idea to make the wealth of huge excess fund something more of our society?
- logicchains 6y ago> Isn’t the idea to make the wealth of huge excess fund something more of our society? You think the US government is going to make better use of that money than someone like Musk or Bezos? The vast majority of the budget is spent on warfare and welfare: https://www.cbo.gov/publication/56324 https://www.cbo.gov/publication/56324.