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cjs_acyesterday at 9:01 PM1 replyview on HN

It’s not a once-off tax bill; it’s every year.


Replies

zahlmanyesterday at 9:10 PM

Good, productive wealth is expected to accumulate value over time, for example by being invested in someone else's equity or in a worthwhile business venture. If you're sitting on capital that isn't doing that, you've functionally taken it out of the economy, and a well-designed system punishes that.

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