It’s a first step. One thing this will (hopefully) provide is more accurate data on exactly how much wealth is being hoarded. The current data is being assumed to be underestimating the actual numbers
That would be amazing! No need for 2% to be the end goal instead of just a good start. A good government serves all its citizens, not just the ones with big bank accounts.
2%? 🤣🤣🤣
Oh well, it’s something…
I think smg like this in most countries would make a lot of difference. It’s a start
It’s a first step. One thing this will (hopefully) provide is more accurate data on exactly how much wealth is being hoarded. The current data is being assumed to be underestimating the actual numbers
I know 2% is fairly laughable when we’re talking normal people money, but this is 20 million per 1 billion.
A country can do a decent bit of good for people with 13 billion.
Making it 6% would cover the cost of retirement pensions.
That would be amazing! No need for 2% to be the end goal instead of just a good start. A good government serves all its citizens, not just the ones with big bank accounts.
And I would suggest that by starting at 2%, it will be easier to get to 6% later, whereas if you try to start at 6%, you may get too much opposition.
It’s a wealth tax and not an income tax? Interesting. Is it annual, or just once, or what?