this post was submitted on 21 May 2024
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Treasury secretary came out against the proposed global levy, which proponents say would stop the rich from shifting wealth into countries where they can avoid paying the tax

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[–] blazera@lemmy.world 3 points 5 months ago (1 children)

Yeah elaborating on claims is how these discussions work.

[–] Serinus@lemmy.world 0 points 5 months ago (1 children)

https://lemmy.world/comment/10185336

https://lemmy.world/comment/10183600

https://lemmy.world/comment/10183893

I don't know why you needed me to link you other comments in this post, but here you go.

A wealth tax just isn't good policy, especially when there are better alternatives, like capital gains taxes and income taxes. Those also fix deeper issues than just a wealth tax that encourages spending outside of the country.

But really this post is just about ranting against Biden and fudging any details necessary to make it fit.

[–] blazera@lemmy.world 4 points 5 months ago

Do you just not have a reason for thinking a wealth tax is dumb? The first link just...is not whatever you think it is, its someone ranting against biden and someone else saying biden didnt mean to say wealth tax. But nothing in there criticizing a wealth tax itself. The second link i also responded to, and the third link is debating whether or not it would be legally allowed.

a wealth tax that encourages spending outside of the country.

You didnt even read the second word of the title man. This is an international proposal specifically for this reason.