4 ms·

Why? We consistently use progressive tax policies worldwide.

• adastra22 9mo ago
  Wealth taxes are extremely uncommon worldwide.
  • Guvante 9mo ago
    Billionaires have been too and the tax code is one the slowest things to adapt. In tax code sense I am not even sure the effects of buy, borrow, and die have even been settled. EDIT: can't respond but "pay no taxes but at least your kids do" isn't exactly a fix
    • adastra22 9mo ago
      That is a hole we could fix tomorrow by eliminating the step up on death. No need to introduce a new global financial surveillance regime for tracking asset ownership for wealth tax purposes just to fix that.