Why Nostr? What is Njump?
2023-07-02 10:19:24
in reply to

Thorwegian (old account) on Nostr: a wealth tax is essentially a tax on owning things. in an imagined scenario where you ...

a wealth tax is essentially a tax on owning things. in an imagined scenario where you inherited a large estate but no cash, you'd still have to pay wealth taxes on it, possibly more than you could afford with your income. in that case, the wealth tax serves effectively serves as an order from the government to sell your possessions, because you're not allowed to own that much without also having an income proportional to it.
Author Public Key
npub16gpwhmv0x6qjjasdlnhkjuf9pe96fz4ly704rpcsrph3kcd7ekxqs6qsw5