logoalt Hacker News

philipallstartoday at 1:43 PM4 repliesview on HN

Surely only an absolute lunatic would pass that sort of law. And by then it's too late, because it's Socialism with extra steps.


Replies

sebzim4500today at 1:46 PM

Doesn't Switzerland do this instead of capital gains? Makes sense IMO, much better to tax wealth than discourage transactions.

show 5 replies
wing-_-nutstoday at 2:46 PM

Why not? We tax property every year on it's assessed value. I think it's pretty clear that the wealthy will need to pay more taxes throughout the world to deal with an aging population.

I'm a little tired of billionaires 'buy, borrow, dying' to get around the paltry taxes they're currently subject to. We need a harder tax to dodge.

show 1 reply
superxpro12today at 2:57 PM

The fascism we CURRENTLY HAVE is far more preferable

IAmBroomtoday at 1:51 PM

Oh, no, not Socialism! That's worse than attending a Macklemore concert!

show 1 reply