Riddick3001@lemmy.world to World News@lemmy.worldEnglish · 6 months agoInternational scheme to tax billionaires’ wealth technically feasible, study findswww.theguardian.comexternal-linkmessage-square14fedilinkarrow-up1391arrow-down16
arrow-up1385arrow-down1external-linkInternational scheme to tax billionaires’ wealth technically feasible, study findswww.theguardian.comRiddick3001@lemmy.world to World News@lemmy.worldEnglish · 6 months agomessage-square14fedilink
minus-squaresnooggums@midwest.sociallinkfedilinkEnglisharrow-up16arrow-down1·6 months agoThe wealthy being able to use the appreciated, estimated value of things they own to secure low interest loans to purchase even more things without needing the money to be considered income for tax purposes is a primary driver of wealth in equity.
The wealthy being able to use the appreciated, estimated value of things they own to secure low interest loans to purchase even more things without needing the money to be considered income for tax purposes is a primary driver of wealth in equity.