2 ms·

I'm talking about relatively minor levels of taxation. It's absurd to compare that to communism.

• robertlagrant 4y ago
  Taxing wealth is not relatively minor. It is the way to transfer ownership of companies to the government. Take most rich people; their wealth is generally in assets like land, or in investments. If you gradually move their company ownership and land ownership to the government, what do you get?
  • Latty 4y ago
    An incentive for the wealthy to split their companies up and sell them off, rather than creating giant megacorps with outsize impact on consumers and society? Oh no, sounds terrible. /s