return2ozma@lemmy.worldcake to News@lemmy.world · 1 day agoZohran Mamdani says 'I don't think we should have billionaires'www.nbcnews.comexternal-linkmessage-square370fedilinkarrow-up11.87Karrow-down114
arrow-up11.86Karrow-down1external-linkZohran Mamdani says 'I don't think we should have billionaires'www.nbcnews.comreturn2ozma@lemmy.worldcake to News@lemmy.world · 1 day agomessage-square370fedilink
minus-squarechiliedogg@lemmy.worldlinkfedilinkarrow-up8arrow-down1·edit-210 hours agoWealth includes assets. If you can borrow against it, it can be taxed. In fact, taxing the assets makes borrowing against them even more expensive.
Wealth includes assets. If you can borrow against it, it can be taxed.
In fact, taxing the assets makes borrowing against them even more expensive.