cm0002@lemmy.world to Political Memes@lemmy.world · 10 days agoExpropriationexternal-linkmessage-square16fedilinkarrow-up1603arrow-down15
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minus-squareMNByChoice@midwest.sociallinkfedilinkarrow-up2·10 days agoOne way to fix it could be to tax investment gains at a higher rate than wages.
minus-squarechuckleslord@lemmy.worldlinkfedilinkarrow-up3·10 days agoWhich is just redistribution, but passively. And badly. We should some Georgism at the bare minimum. Land-value and stock-value taxes. Again, just redistribution but over a longer window of time.
minus-squareMNByChoice@midwest.sociallinkfedilinkarrow-up2·16 hours agoValuation of public stocks is easy. Valuation of privately held stocks and loans is a mess. Thanks for pointing out Georgism. https://en.wikipedia.org/wiki/Georgism
One way to fix it could be to tax investment gains at a higher rate than wages.
Which is just redistribution, but passively. And badly.
We should some Georgism at the bare minimum. Land-value and stock-value taxes. Again, just redistribution but over a longer window of time.
Valuation of public stocks is easy. Valuation of privately held stocks and loans is a mess.
Thanks for pointing out Georgism. https://en.wikipedia.org/wiki/Georgism