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Can we just set capital gains tax at the same progressive rates as income tax? That would be an easy start.
by jonplackett 5y ago
Can we just set capital gains tax at the same progressive rates as income tax? That would be an easy start.
- mistermann 5y agoThis has a dependency on politicians tabling it and passing it, and with few exceptions and outside of rhetoric, the majority of politicians have demonstrated that they are "generally ok" with the way things are. This Davos suggestion seems to have a dependency on the voluntary generosity of the donors. Considering this, I think it would be pragmatic if the peoples of the world started having a serious group dialogue to start brainstorming and discussing the merits of some policy responses that we could take independent of government decision and implementation. Perhaps this would be a decent way to kick off some centralized implementation of direct democracy as I'd think a big chunk of the population is interested in this topic and it would be preferable to be able to capture metrics on preferences for various proposals.
- timbit42 5y agoIt really is ridiculous that labour income is taxed more heavily than passive income. It should be the other way around.