3 ms·
> The proposal in the article is to tax wealth at an annual rate of 2%. It is already! It's called the Fed's target inflation rate. Currently, everyone's net w
by RhysU 3y ago
> The proposal in the article is to tax wealth at an annual rate of 2%.
It is already! It's called the Fed's target inflation rate. Currently, everyone's net wealth is getting reduced at over twice that rate.