Row 52957

Row ID: 52957 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 52957 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Yes? And the point is that such a wealth tax would only affect a few select individuals who all have both the means and the motivation to avoid it.

That’s also why wealth taxes are stupid and unworkeable in all but a very few cases. They simply don’t work in a world where corporate veils are a thing. If one wants to tax billionaires effectively and prevent undue accumulation of generational wealth then fixing taxes on corporate profits, capital gains and inheritances so they don’t all have massive loopholes is the way to go.

FieldValue
text Yes? And the point is that such a wealth tax would only affect a few select individuals who all have both the means and the motivation to avoid it. That’s also why wealth taxes are stupid and unworkeable in all but a very few cases. They simply don’t work in a world where corporate veils are a thing. If one wants to tax billionaires effectively and prevent undue accumulation of generational wealth then fixing taxes on corporate profits, capital gains and inheritances so they don’t all have mas…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-22
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Raw Record

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  "text": "Yes? And the point is that such a wealth tax would only affect a few select individuals who all have both the means and the motivation to avoid it. \n\nThat’s also why wealth taxes are stupid and unworkeable in all but a very few cases. They simply don’t work in a world where corporate veils are a thing. If one wants to tax billionaires effectively and prevent undue accumulation of generational wealth then fixing taxes on corporate profits, capital gains and inheritances so they don’t all have massive loopholes is the way to go.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-22",
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