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Exactly how much money the government needs, and how it uses, is I realise a massive issue going back thousands of years, but I feel the government at some leve
by CJefferson 6y ago
Exactly how much money the government needs, and how it uses, is I realise a massive issue going back thousands of years, but I feel the government at some level can "invest better", in that they pay for schools, police, roads, (in my case in the UK) a national health service, etc.
Of course, it might be they could spend more efficiently, but if all purchases move online, and online companies manage to avoid paying tax to most governments, these basic utilities are in trouble.
- prepend 6y agoYou may feel that, but there’s a ton of research on this. But I suppose that’s where you can try convince governments to do away with capital gains and tax very differently. I don’t think you’ll find any countries that do this or do it efficiently. The growth of capital is really important to long term improvement, and even pretty “socialist” countries like the Scandinavian nations encourage capital growth through their tax policy.