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> This allows the middle class to thrive by investing in productive enterprises and not getting taxed yet again to do so. The same money isn't taxed again. Onl
by mcv 5y ago
> This allows the middle class to thrive by investing in productive enterprises and not getting taxed yet again to do so.
The same money isn't taxed again. Only the gains on top of that.
Some sort of tax on wealth or the proceeds of that wealth is necessary, otherwise you end up with a society where only the middle class pays tax while the people who benefit the most from society, the rich, live tax-free. It's either this or a simple wealth tax.