4 ms·
Seems like a great way to discourage saving and keeping people living hand to mouth.
by jasonlingx 13y ago
Seems like a great way to discourage saving and keeping people living hand to mouth.
- cookiecaper 13y agoWhich, of course, is the basis of modern macroeconomics -- keep people spending as much as possible.
- maaaats 13y agoYou are making assumptions on a system you know nothing about (otherwise you wouldn't have written what you wrote). Read about how this tax work before complaining about it, please. It's only for generally big amounts of money, and your mortgage and other stuff is subtracted, making it a non-issue for almost everyone. And you can fine invest the money instead.
- rsynnott 13y agoIndeed. Why, if the government applies small taxes to cash savings of over 125k, I just won't save at all! Wait, what?
- lmm 13y agoWhich is how you keep the economy growing.