alt Hacker NewsI don't think that those issues would be too difficult to fix.
The tax could be made progressive so that it doesn't impact people who can't afford it.
Someone's primary home and vehicle could be omitted from the tax.
I don't think that those issues would be too difficult to fix.
The tax could be made progressive so that it doesn't impact people who can't afford it.
Someone's primary home and vehicle could be omitted from the tax.
It does change that there is a multiplier. Even 5% is likely a deathknell for all but a couple percent of assets owned by the most aggressive ‘sharks’.
A good way to make owning anything unaffordable though! The carve outs would just defacto set a cap for normal people. No more than one house, etc.