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friendelschudel
searching PlanetScale…
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friendelschudel
7y ago
I think by "easier to evade" you actually mean "impossible to enforce". The sorts of things the wealthy store their money in aren't easy or even possible to value, especially on some yearly basis.
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friendelschudel
7y ago
The very wealthy don't have liquid and easily-appraised assets. Calculating the total wealth of someone who owns art, jewelry, real-estate, historical artifacts, animals, and fractions of many international businesses is impossible. Th
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friendelschudel
7y ago
I keep hearing this idea from a variety of sources recently, and the idea is so absurd I don't even understand how it came to be. How, exactly, do you expect the government to tally the amount of wealth to be taxed for each person in t