4 ms·
The point was we don't need to invent new taxes
by fxd123 3y ago
The point was we don't need to invent new taxes
- verall 3y agoWhy not? Fiat currency is a tool created by governments to accomplish goals. Massive income inequality generally conflicts with most liberal democracy's goals. Taking loans against unrealized gains lets people much richer than me pay a much lower effective tax rate. Why not invent a new tax to address this?