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by surgical_fire
358 days ago
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> They keep money in bonds (lending money to people, corps, govs that need it), stocks (raise the value of companies that are valuable thus letting them borrow more etc) That's wealth that should be taxed. > The immaturity of people when it comes to economics is a problem I agree. Just not in the way you imagine. |
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Wealth taxes are fairly controversial, and not very common around the world.
But they have been implemented in a few places, and we can look at what real world effects have been observed.