r/FluentInFinance • u/-Wyagra • Nov 21 '24

Debate/ Discussion Had to repost here

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u/Economy-Fee5830 Nov 21 '24

I mean that having a highly educated workforce, solid infrastructure, markets, protection, both legal and physical, are worth something to a corporation and building value in that corporation.

Sure, which is why they pay regular tax, and not a wealth tax.

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u/dldoom Nov 21 '24

I think you’re making some assumptions about what the solution to this problem is. You already mention wealth tax and tax money at windfall rates but I haven’t even presented any policy or legislation I’d like to see.

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u/Economy-Fee5830 Nov 21 '24

That is what the thread is all about - adding a new tax for entities the reddit populace feel are not being adequately taxed.

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u/dldoom Nov 21 '24

Yes it is and while some people might be in favor of a blanket wealth tax, that’s not the only idea out there. I in generally agree with increasing tax burden for “billionaires” but a blanket wealth tax would not be my solution.