3 ms·
You're right. It should be tied to net worth rather than income.
by golemotron 12y ago
You're right. It should be tied to net worth rather than income.
- brandonmenc 12y agoNet worth is difficult to calculate, which is why schemes like wealth (vs. income) taxes are likely impossible to implement. Prince Alwaleed accused Forbes of underestimating his wealth - imagine how difficult it must be when people are trying to get the lowball figure.