mpeirce
Thinks s/he gets paid by the post
http://www.nytimes.com/2013/07/21/business/wealth-taxes-a-future-battleground.html
Which will we end up with? Wealth taxes, consumption taxes (VAT), or maybe just higher inflation - pick one.
(Or maybe all of the above...)
IF you’d like to know where American political debates are headed, the data suggest a simple answer. The next major struggle — in economic terms at least — will be over whether taxes on personal wealth should rise — and by how much.
Which will we end up with? Wealth taxes, consumption taxes (VAT), or maybe just higher inflation - pick one.
(Or maybe all of the above...)