• artyom@piefed.social
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    9 days ago

    Depends on what you mean by “wealth like that”. A 10% tax on everything he owns would be like 50% of his personal wealth.

    But yeah, we can definitely do better than 0%…

    • fatcat@discuss.tchncs.de
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      9 days ago

      Read that comment about three times and can’t figure out if that’s meant to be a bad thing? 50% of his personal wealth would leave still leave a absurdly huge sum of money.

    • Buffalox@lemmy.world
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      8 days ago

      10% tax on everything he owns would be like 50% of his personal wealth.

      That doesn’t make any sense? 10% tax on all he owns is 10% of his personal wealth.
      Obviously all he owns = His personal wealth.

      But yeah, we can definitely do better than 0%

      Definitely, 1% should be a no-brainer, 2% would be better. 😀

      • artyom@piefed.social
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        8 days ago

        That doesn’t make any sense? 10% tax on all he owns is 10% of his personal wealth.

        Personal wealth does not include investments and assets. That’s net worth.