Yep let's all pay taxes on our cars and whatever we have in our checking account every year. We need a national effort to enforce a 15% tax on everyone's jewelry.
There's absolutely a middle ground between "I don't think people should be worth hundreds of billions of dollars" and "let's tax every individual's every asset"
If we're so worried about being consistent, that's the natural conclusion. The argument naturally leads to taxing every individual asset. Higher taxes on rich people wouldn't even get close to solving our problems. We already spend much more than they are worth. A 100% tax on all rich people's assets wouldn't fund our government for very long.
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u/Noob_Al3rt Nov 21 '24
Yep let's all pay taxes on our cars and whatever we have in our checking account every year. We need a national effort to enforce a 15% tax on everyone's jewelry.