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0 pointsameister145y ago0 comments

Part of your article is a bit confusing to me - when you say this: "Strange. No one is proposing a tax that would apply to all your assets."

Are you saying that the wealth tax proposed does not apply to assets and only applies to actual liquid cash holdings?

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3 comments · 2 top-level

nindalf5y ago· 1 in thread

That wouldn’t apply to all your assets, meaning the tax would be assessed only on wealth above the threshold.

PG “simplifies” this in his example by asking you to consider a tax that would have a threshold of 0.

Got it, that makes sense.

That is, of course, exactly what Warren et al. are proposing.

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