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

To: Tenchusatsu who wrote (471653)	4/14/2009 2:12:19 PM
From: combjelly	Read Replies (2) \| Respond to of 1577161

"How does that support your assertion that a wealth tax was never implemented?" Oops. I guess it got too complicated. You were talking about Keynesian economics and his concept of a wealth tax. Since property taxes were already in place, and no new ones were implemented, then why were you complaining about Keynesian economics and a wealth tax? But, that does bring up a point. You made the claim that a wealth tax would discourage accumulation of wealth. But, as you have noted, property taxes are a form of wealth taxes. So, by your thesis, home ownership would be at a low rate, being discouraged and all. Remind me how we managed to fly the world's economy into the ground again?