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Politics : Formerly About Advanced Micro Devices
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To: Wharf Rat who wrote (1400881)4/28/2023 12:45:05 PM
From: Tenchusatsu  Read Replies (1) of 1576346
 
Wharfie,
Only if you are too poor to save and/or invest; it's very regressive.
Years of "progressive" taxation has only served to increase the gap between rich and poor. It has been an immense failure.

If you want the closest thing to a "wealth tax," tax property.

And if you believe that the American economy is too focused on consumption over production, tax consumption, not production.

Tenchusatsu
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