AJ Thomas on Nostr: npub1g0tuf…3tvm4 It’s the difference between income and wealth. High earners are ...
npub1g0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4msp3tvm4 (npub1g0t…tvm4)
It’s the difference between income and wealth. High earners are not millionaires, or at least not until they’ve paid off their mortgage and then it’s usually only their kids that have it to spend after inheritance.
So taxing income is a poor return politically, taxing wealth is the way to go except the wealthy can afford to hide their money.
It’s the difference between income and wealth. High earners are not millionaires, or at least not until they’ve paid off their mortgage and then it’s usually only their kids that have it to spend after inheritance.
So taxing income is a poor return politically, taxing wealth is the way to go except the wealthy can afford to hide their money.