Taking away savings that were already taxed is an injustice. The american revolution was triggered by less - merely taxation without representation. Imagine your 401k going down by 20% per year due to the annual wealth tax. Then when you pull out the money you pay income tax on that. Sound fair?
I’m not American and I’m 100% not interested in solving stupid problems caused by the contradictions rooted in the USA lacking a civilized welfare state. Tax your rich to fund a proper old age pension system. I don’t care about your stocks.
Taking away savings that were already taxed is an injustice. The american revolution was triggered by less - merely taxation without representation. Imagine your 401k going down by 20% per year due to the annual wealth tax. Then when you pull out the money you pay income tax on that. Sound fair?
I’m not American and I’m 100% not interested in solving stupid problems caused by the contradictions rooted in the USA lacking a civilized welfare state. Tax your rich to fund a proper old age pension system. I don’t care about your stocks.
Well, I can agree with you on that. Having lived in Europe briefly, I am aware of the stupidity over here.