>A more fair approach would be a special assessment on net worth.
how would a wealth tax incentivise people to save more and spend less?
how would a wealth tax incentivise people to save more and spend less?
It should be pointed out that people who currently work hard aren’t rewarded the same way people were when a lower tax environment existed. Do you think that is fair , if the taxes were raised significantly to cover the debt ? Specifically debt that the government accumulated before you even entered the workforce.