Governments should tax based on assets instead of income!
#tax #assettax #incometax #taxpolicy #economics #taxsystem #landvaluetax #zakat #progressivetax
#assettax — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #assettax, aggregated by home.social.
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@ArrestJK @CarolynStirling powder keg here.
Given that the younger generation (often rightly) feel like they're paying (usually) older people most of their wages to rent an appreciating asset it is galling to see those same older folk getting a guaranteed government payout.
We've got to avoid that divisive distraction and work together. Let's avoid rancour and move the debate to wealth tax. There's enough for all if its shared more fairly.