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interesting math but I always have problems with wealth being taxed because it is expropriation. I perfer a tax on income, regardless of the source of that income (e.g. salary, dividends, rents...).

The only thing I might be able to support is an inheritance tax if it devised properly and doesn't cause family enterprises to break down once the next generation inherits it. As a an ex banker advising the German Mittelstand I can say that that can be an issue. But it can be solved in a number of ways...

by crankykarsten (cranky (where?) gmx dot organisation) on Fri Jan 20th, 2012 at 09:17:41 AM EST

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