Lit@lemmy.worldtoAsk Lemmy@lemmy.world•How should we approach taxing the wealthy in a practical manner?
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2 days agonothing will work, The wealthy will just raise prices of their products and services to cover any expenses, tax and etc. it is the consumers that will pay indirectly.
Unless there is a cap on how much wealth, property, income or salary anyone can have. People will probably find loopholes.
that is why, crash tesla stock so that Elon loan collateral will be cashed out by bank forcing Elon to pay tax.