Ontario has more than 40 per cent of Canada’s billionaire families, says a new report. Should it have a wealth tax?
https://www.thestar.com/business/ontario-has-more-than-40-per-cent-of-canadas-billionaire-families-says-a-new-report-should-it-have-a-wealth-tax/article_d2dae965-c0f5-452c-b2cd-5df168c1c220.htmlOpen linkView original on lemmy.ca
Everywhere, not just Ontario
Yes. Look to New York
The bilionaires say if we try to tax them, they'll just leave.
I say big win either way.
Right? And tax them anyway on the way out
Sieze they're assets if they own the gov money too, America can't fight all these wars at once. We just have to wait until they get in a larger conflict they can't divert or ignore.
Capital controls in 3...2...
No, sort of.
We should have wealth caps, world wide ideally. Nobody should be able to pass a networth of, say, 10 million dollars. Any income over that goes 100% to taxes.
Does the tin man have a sheet metal cock?