[ExI] I see pitchforks.

John Clark johnkclark at gmail.com
Mon Jul 8 11:04:25 UTC 2019


On Sun, Jul 7, 2019 at 6:13 PM <spike at rainier66.com> wrote

> *Could you imagine how complicated tax returns would become if we had to
> estimate our total net worth? *
>

If the wealth tax didn't kick in until it reached the billion dollar range
then that wouldn't be much of a problem for the average taxpayer. And
billionaires already have accountants, lots of them, that's one reason they
pay so little taxes. The other reason is they can afford to hire lots of
Washington lobbyist.


> > *The gold and BitCoin people would be dancing.  You can’t declare
> those.*
>

Why not?

 John K Clark
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