Inventing Reality

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Washington Post editorial board says don't tax the rich (lemmy.ml)

submitted 1 day ago by geneva_convenience@lemmy.ml to c/ManufacturingConsent@lemmy.ml

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[–] Deconceptualist@leminal.space 3 points 20 hours ago (1 children)

So tax their income and asset movements to pay for an appraisal service? And carve out exceptions for non-luxuries like primary residence and farm equipment? Seems straightforward to me, but I'm far from an expert.

[–] Denvil@lemmy.ml 0 points 18 hours ago* (last edited 18 hours ago) (1 children)

Build a primary residence the size of a city and sell parts of it to the poor class you keep homeless when you need to liquidate, easy

[–] Deconceptualist@leminal.space 2 points 16 hours ago

"Size of a city" should come with pretty hefty property tax I'd think. And billionaires love to be jetsetters so I image very few would want to stick to a single residence just to save on taxes.