Not really. Inflation reduces the value of money, but not assets. A wealth tax w... | Hacker News

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aninhumer on Dec 18, 2017 | parent | context | favorite | on: More than half of all private wealth has been inhe...

Not really. Inflation reduces the value of money, but not assets. A wealth tax would tax assets as well.

jopsen on Dec 18, 2017 [–]

Which is probably also why it would be hard to implement :)

Also I'm not sure discouraging invests is a good side effect..

But it's an interesting thought nonetheless.

coliveira on Dec 18, 2017 | [–]

This is why taxing wealth is done at the time of inheritance.

isostatic on Dec 18, 2017 | | [–]

Easy to avoid if you have enough to be worried about.

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