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Part of your article is a bit confusing to me - when you say this: "Strange. No one is proposing a tax that would apply to all your assets." Are you saying tha
by ameister14 6y ago
Part of your article is a bit confusing to me - when you say this: "Strange. No one is proposing a tax that would apply to all your assets."
Are you saying that the wealth tax proposed does not apply to assets and only applies to actual liquid cash holdings?
- beervirus 6y agoThat is, of course, exactly what Warren et al. are proposing.
- nindalf 6y agoThat wouldn’t apply to all your assets, meaning the tax would be assessed only on wealth above the threshold. PG “simplifies” this in his example by asking you to consider a tax that would have a threshold of 0.
- ameister14 6y agoGot it, that makes sense.