Hacker News new | ask | show | jobs
by 86J8oyZv 1762 days ago
At some point we'll realize that all income tax is regressive, and that property/wealth taxes (including on owned stocks, crypto, etc.) are the only thing that makes sense.

Cash, frankly, doesn't matter at this stage of capitalism. Equity and assets do.

1 comments

Property and wealth taxes are regressive as well. Negative externalities should be our only source of tax.