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minus-squarePeatylinkfedilinkEnglisharrow-up13arrow-down4·1 year agoAs of this point every wealth tax that has been implemented ends up getting abandoned because if how inefficient they are. It’s like rent control, it sounds great on paper bu historically never works out like it was planned.
minus-squareIbex0@lemmy.worldlinkfedilinkEnglisharrow-up3arrow-down2·1 year agoForcing Bezos to liquidate $6b of Amazon would have an effect on the economy. Plus, you don’t think they would really pay that tax, do you? There’s always a loophole.
As of this point every wealth tax that has been implemented ends up getting abandoned because if how inefficient they are. It’s like rent control, it sounds great on paper bu historically never works out like it was planned.
Forcing Bezos to liquidate $6b of Amazon would have an effect on the economy.
Plus, you don’t think they would really pay that tax, do you? There’s always a loophole.