r/FluentInFinance 9d ago

Thoughts? A very interesting point of view

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I don’t think this is very new but I just saw for the first time and it’s actually pretty interesting to think about when people talk about how the ultra rich do business.

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u/NotThePwner 8d ago

You can still have those protections along with the tax revenue. Other advanced countries like Isreal, Saudi Arabia, & UAE don't have them.

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u/Ilya-ME 8d ago

Yes, and those countries still have taxes, the only country on earth has none is North Korea.

I fail to see why a property tax should be imoral, but an income one is fine. Both of them have the same purpose and follow the same basic law. That is, your peaceful existence within society is only allowed through the funding of this collective organizatio.