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kleinbl00 · 2082 days ago · link · · parent · post: The way we tax is wrong. There are better ways, and it's time for a change.
So the economist proposes taxing: - housing - inheritance - investments because they are fucking dumb. "The way we tax" is not the question; "why we tax" is what's relevant here. The reason there are so many protests against housing and inheritance is they're what we are. They're what we pass on to the next generation. They're what build legacy, they're what builds immortality. Investments? You mean "retirement?" Also not gonna happen. What does The Economist think we should tax? sure they do.To stop companies shifting profits, governments should switch their focus from firms to investors. Profits ultimately flow to shareholders as dividends and buy-backs.
