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So maybe people with a net worth above 2.2 million should be paying a wealth tax instead of an income tax.
by dane-pgp 4y ago
So maybe people with a net worth above 2.2 million should be paying a wealth tax instead of an income tax.
- renonce 4y agoThat's called inflation.
- bawolff 4y agoWell they do have to pay taxes on dividends and capital gains, so its not like its totally tax free.
- mancerayder 4y agoEven if they're 70 after working a lifetime?
- Swizec 4y agoAt that age there’s the estate tax … plus you’re paying taxes on withdrawals since mist retirement savings are tax deferred. There’s also capital gains taxes that hit you I think.