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A good way to destroy wealth is to tax it.
by dantheman 6y ago
A good way to destroy wealth is to tax it.
- tomdell 6y agoA good way to *spread wealth is to tax it.
- turtleturtle 6y agoAnother way would be to print lots of money and redistribute it until you've satisfied your equality threshold.
- dantheman 6y agoThe market/price system is the world largest information system. Printing money distorts that system and make it function poorly and throughout history has been disastrous.
- bwb 6y agoA good way to distort an economic system is to tax wealth rather than output. Wealth will flee, hide, and find loopholes. If you raise taxes on income, all types, that is a better path.