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Shareholders and gold hoarders pay too. Unless they don’t live in The country, or if they rent in which case they pay indirectly through what they pay to their
by isitmadeofglass 4y ago
Shareholders and gold hoarders pay too. Unless they don’t live in The country, or if they rent in which case they pay indirectly through what they pay to their landlord.
- chii 4y ago> if they rent in which case they pay indirectly through what they pay to their landlord. a land tax is not recoup-able via higher rent. If the rent could be raised, the landlord has no reason not to raise it, so it makes sense that the rent is the maximum the market bears. > Shareholders and gold hoarders pay too they don't pay a % tax of the value of their holdings as tax annually. They pay only after they sell, and make a capital gains.