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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (319904)	1/10/2007 10:10:50 AM
From: Elroy	Read Replies (1) \| Respond to of 1577026

I guess there is a point at which you could tax savings Actually, France taxes the savings of the very rich, and the result is that the very rich leave and live in the French-speaking part of Switzerland. Effectively taxing assets is probably pretty tough. Super rich people would hold their savings in art, property, gold, or whatever asset class doesn't constitute "taxable savings". You've got to nail them when they transfer the asset to their heirs if you ask me!