• Maalus@lemmy.world
    link
    fedilink
    English
    arrow-up
    4
    arrow-down
    13
    ·
    4 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
      link
      fedilink
      English
      arrow-up
      6
      arrow-down
      2
      ·
      4 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.