@[email protected] to [email protected] • edit-29 days agoI am a Millionaire. Tax Me More, Please. macleans.caexternal-linkmessage-square74fedilinkarrow-up1188
arrow-up1188external-linkI am a Millionaire. Tax Me More, Please. macleans.ca@[email protected] to [email protected] • edit-29 days agomessage-square74fedilink
minus-square@[email protected]linkfedilink1•9 days agoI hear you, and i agree. I don’t understand how to achieve it though, a tax on net worth, with brackets starting at 100 million? Wouldn’t they just move their money over a place that would hide it?
minus-square@[email protected]linkfedilink2•edit-29 days ago I don’t understand how to achieve it though, a tax on net worth, with brackets starting at 100 million? Implementation isn’t a consideration until society gets serious about doing it. Wouldn’t they just move their money over a place that would hide it? Make that a crime. Tax evasion or worse. Jail wealth hoarders if they don’t comply, because they are destroying lives and don’t deserve to play games.
minus-squareVictor Villaslinkfedilink1•edit-28 days ago Wouldn’t they just move their money over a place that would hide it? Moving the money shouldn’t make a difference, though. You pay taxes regardless of where you the money comes from or goes to. Hiding income is illegal already. So more enforcement and steeper fines are about the only things left to do in that case.
I hear you, and i agree. I don’t understand how to achieve it though, a tax on net worth, with brackets starting at 100 million? Wouldn’t they just move their money over a place that would hide it?
Implementation isn’t a consideration until society gets serious about doing it.
Make that a crime. Tax evasion or worse. Jail wealth hoarders if they don’t comply, because they are destroying lives and don’t deserve to play games.
You dont live in reality.
Moving the money shouldn’t make a difference, though. You pay taxes regardless of where you the money comes from or goes to.
Hiding income is illegal already. So more enforcement and steeper fines are about the only things left to do in that case.