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The incentives do not necessarily work well there. But I could imagine a "We The People Buy It" under a system of wealth taxes. That the gov't could choose to
by comrade_ogilvy 13y ago
The incentives do not necessarily work well there.
But I could imagine a "We The People Buy It" under a system of wealth taxes. That the gov't could choose to buy any asset for a modest premium over what the taxpayers asserts it was worth for purposes of taxes last year. Heck, maybe any citizen should be allowed in on that game?
"Hmmm, you say your restaurant business is worth only $300k? It is your lucky day! I just bought it for $360k."
- flyinRyan 13y agoOMG, that's brilliant! Now I just need a couple of hundred million and I could buy Walmart!