Now that’s relatively, actually considerably unreasonable. In Switzerland, the wealth tax depending on the county you live in is anywhere from 0.6 to 1%.
If you have a wealth tax of 50% on unrealized gains, you’re gonna wipe out most people’s 401(k). Or rather, they’re gonna be tax on unrealized game, and have to pay with it with over inflated paper bills, and it will sink them even further.
Now that’s relatively, actually considerably unreasonable. In Switzerland, the wealth tax depending on the county you live in is anywhere from 0.6 to 1%.
If you have a wealth tax of 50% on unrealized gains, you’re gonna wipe out most people’s 401(k). Or rather, they’re gonna be tax on unrealized game, and have to pay with it with over inflated paper bills, and it will sink them even further.
Now that’s relatively, actually considerably unreasonable. In Switzerland, the wealth tax depending on the county you live in is anywhere from 0.6 to 1%.
If you have a wealth tax of 50% on unrealized gains, you’re gonna wipe out most people’s 401(k). Or rather, they’re gonna be tax on unrealized game, and have to pay with it with over inflated paper bills, and it will sink them even further.
Okay, how high would you set it?