Subject:
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Re: Preaching to the Choir
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Mon, 9 Aug 2004 20:14:55 GMT
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Viewed:
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1913 times
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By “wealth tax” do you mean a tax on acquisitions/already-held
holdings separate from income?
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Yes. I see it as a sure-fire loop-hole avoidance scheme. If all property is
taxed, regardless of who owns it, then the rich -- even when trying to
disguise their wealth are taxed proportionately no matter what.
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I agree. Even if “the rich” rent their home, the owner will pass on the tax
cost. Taxing the relative value of property also allows more for local markets
than a nationwide income tax.
Scott A
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Message is in Reply To:
 | | Re: Preaching to the Choir
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| (...) Oh, I was just making the terms up, for all I know. I guess I should have explicated. (...) Yes. I see it as a sure-fire loop-hole avoidance scheme. If all property is taxed, regardless of who owns it, then the rich -- even when trying to (...) (20 years ago, 9-Aug-04, to lugnet.off-topic.debate, FTX)
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