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Inflation is not really tax, more exogenous parameter of monetary system. It does not give much advantage to government (as expected inflation rate is accounted
by zajio1am 6y ago
Inflation is not really tax, more exogenous parameter of monetary system. It does not give much advantage to government (as expected inflation rate is accounted in bond rate).
Property tax would make more sense as a tax on limited resource than as a wealth tax.
- davrosthedalek 6y agoYou are right, of course, for inflation. I was aiming at the basis for the "tax", i.e. "wealth" or "positive change of wealth"