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We already have a federal target of 2% inflation and a 20% capital gains tax, which add up to about a 2.5% wealth tax. Also, if the government starts owning sh
by naveen99 6y ago
We already have a federal target of 2% inflation and a 20% capital gains tax, which add up to about a 2.5% wealth tax.
Also, if the government starts owning shares in equities, they may as well pump and dump the share market directly like they do with bonds.
Also if you're going to design a utopia per country, why not just make it a global utopia, and model it for the 7 billion humans instead. Same for equality, model it for the global population instead of the 5% living in the usa.