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

To: Wharf Rat who wrote (1521372)	2/10/2025 3:33:35 PM
From: maceng2	1 Recommendation Recommended By longz Respond to of 1570244

This is a "can't see the wood for the trees" type of situation WR. Under the proposed scenario, the rich can either spend money or hoard it. In either case they pay "tax" either by lost value through inflation, or buy buying assets that have a sales tax attached to them. People with less income pay less, in proportion. It is no more complicated then that. Borrowing money, or lending it would need revision, but that is all. The current rich, those that already have all their wealth salted away would escape such a system. So some arrangement would have to be made. But other then that it's a solid way to tax the rich more. Not that I would recommend it. Don't they teach that in Karl Marx school? -g-