• Maalus@lemmy.world
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    2 months ago

    The “idea” stems from envy. It sounds good when it targets billionaires, but it will end up taxing anyone slightly well-off.

    • SSJMarx@lemm.ee
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      2 months ago

      1.25M - not including your house and your professional assets - is quite a bit more than “slightly” well off. Any point you place the new tax at is going to be equally as arbitrary as any other point.