hm this SEEMS correct but I'm not totally sure it depends on some things would held cash still be taxed? if so probably not quite so much change HOWEVER,https://twitter.com/asglidden/status/1184730466563149831 …
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in any case the actual collection on this tax would probably be negligible, is my guess but it doesnt matter because no way in hell it passes
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think this checks out thohttps://twitter.com/asglidden/status/1190370677049544704?s=19 …
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new idea tax on human capital on one hand this is a terrible idea on the other hand it might destroy universities for good
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What are the negative externalities of a maximum wealth? Maximum wage?
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um does not compute, rephrase?
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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Irrevocable Life Insurance Trusts, & a few other related mechanisms, exist for this. As i keep telling people: Warren's 'Weath Tax' is just a stealth-stimulus for the asset management, insurance +legal biz. It will shift trillions into their world
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Was it Larry Ellison who turned half his wealth into loan collateral, then borrows billions from 3rd party? Yeah, Larry https://www.businessinsider.com/larry-ellison-has-a-10b-credit-line-2014-9 …
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