• Buffalox
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    3 days ago

    10% tax on everything he owns would be like 50% of his personal wealth.

    That doesn’t make any sense? 10% tax on all he owns is 10% of his personal wealth.
    Obviously all he owns = His personal wealth.

    But yeah, we can definitely do better than 0%

    Definitely, 1% should be a no-brainer, 2% would be better. 😀

    • artyom@piefed.social
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      3 days ago

      That doesn’t make any sense? 10% tax on all he owns is 10% of his personal wealth.

      Personal wealth does not include investments and assets. That’s net worth.