Quote:
Originally Posted by WarrenC12
Asset taxation and inheritance taxation would help that a lot. Good luck getting them on the books though.
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How would you tax an unrealized gain? It's basically impossible to do so at scale without it resulting in capital flight and brain drain.
I get that you want to reduce wealth inequality (so do I), but you need to realize that there are no shortcuts to solve this problem.
The only way out of this mess that would actually be sustainable is to make sure every young person gets a proper education so they can take full responsibility for themselves.
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