grte@lemmy.ca to Canada@lemmy.ca · 9 months agoLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.caexternal-linkmessage-square97fedilinkarrow-up1597
arrow-up1597external-linkLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.cagrte@lemmy.ca to Canada@lemmy.ca · 9 months agomessage-square97fedilink
minus-squareBedSharkPal@lemmy.calinkfedilinkarrow-up4·edit-29 months agoTo be fair, there are a number of countries that already have a wealth tax. So it wouldn’t be some insurmountable concept.
minus-squareMondayToFriday@lemmy.calinkfedilinkarrow-up2·9 months agoWealth that’s just sitting there is hard to assess and therefore easy to game. What’s the value of a piece of art? It’s far more practical to tax transactions and realized gains, when money changes hands.
To be fair, there are a number of countries that already have a wealth tax. So it wouldn’t be some insurmountable concept.
Wealth that’s just sitting there is hard to assess and therefore easy to game. What’s the value of a piece of art? It’s far more practical to tax transactions and realized gains, when money changes hands.