alt Hacker NewsNo, why? If we're going to do a wealth tax, then do a wealth tax. Why single out only one kind of wealth, and the kind that is not even the most important these days?
(What's more important? IP. The value of Google, say, isn't in the land it owns. It's in the code, the database of web pages, and the google.com domain name.)
> Why single out only one kind of wealth
Because of some very good reasons. See: https://www.youtube.com/watch?v=smi_iIoKybg
> kind that is not even the most important these days
uhhh source on that? I'm pretty sure land is literally the largest asset class in the economy. Real estate is by many estimates over 2X as large as the entire combined global market cap of all publicly traded companies. https://europhoenix.com/blog/part-ii-on-asset-classes-size-o...